Spread before costs (cost unknown: a leg has no order-book sample)+0.145%
7d average—if it closes, per $10,000$15funding while held, a day+$3.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ALT | 0.007426 | −0.0028 | get 0.0014% / 4h | 1h 58m | $4K | $12K | — |
| Short | Binance ALTUSDT | 0.007437 | 0.0100 | get 0.0050% / 4h | 1h 58m | $2.6M | $3.4M | 50x |
Variational Omni ALT
Binance ALTUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $14.54
- Funding while held
- $3.84
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $8.38
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0128%
- Per $10,000 a day
- +$3.84
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 1.34 bp | 21.4 bp −$21 | 96.3 bp −$963 | doesn't fit | doesn't fit |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALT price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007381cheapest
InjectiveVariational Omni0.007426+0.612%
Bitget0.007427+0.623%Gate0.007435+0.732%Hyperliquid0.007436+0.745%
Bitget
Gate
HyperliquidBinance0.007437+0.759%
MEXC0.007437+0.759%Bybit0.007438+0.772%KuCoin0.007439+0.786%BingX0.007439+0.786%Deribit0.007440+0.799%BloFin0.007441+0.813%Kraken Futures0.007448+0.904%Coinbase International0.007501+1.626%
MEXC
Bybit
KuCoin
BingX
Deribit
BloFin
Kraken Futures
Coinbase InternationalALT on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ALT/USDC PERP | −0.609% | +0.0033% | 1h | $815 | $4K | 5.5x | as long as short |
| Variational Omni ALTlong | 0.000% | −0.0028% | 4h | $4K | $12K | — | |
| Bitget ALTUSDT | +0.011% | +0.0100% | 4h | $606K | $91K | 50x | as long as short |
| Gate ALT_USDT | +0.118% | +0.0100% | 8h | $50K | $392K | 25x | as long as short |
| Hyperliquid ALT | +0.132% | +0.0100% | 1h | $1.1M | $190K | 3x | as long as short |
| Binance ALTUSDTshort | +0.145% | +0.0100% | 4h | $2.6M | $3.4M | 50x | |
| MEXC ALT_USDT | +0.145% | +0.0100% | 4h | $419K | $192K | 50x | as long as short |
| Bybit ALTUSDT | +0.159% | +0.0086% | 4h | $1.2M | $1.6M | 25x | as long as short |
| KuCoin ALTUSDTM | +0.172% | +0.0100% | 4h | $151K | $22K | 30x | as long as short |
| BingX ALT-USDT | +0.172% | +0.0100% | 4h | — | $1.3M | — | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | +0.186% | 0.0000% | 1h | $0 | $0 | 25x | as long as short |
| BloFin ALT-USDT | +0.199% | +0.0064% | 4h | $175K | $10K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.290% | +0.1211% | 1h | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +1.007% | +0.0400% | 1h | $14K | $2K | 50x | as long as short |