# ALT funding rates and arbitrage

Updated 2026-10-29 14:15 UTC · https://afterfees.xyz/coin/ALT

## Best ALT arbitrage after every cost

| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| [ALT](https://afterfees.xyz/coin/ALT) | Perp ↔ perp | [Binance](https://afterfees.xyz/venues/binance) ALTUSDT | [BingX](https://afterfees.xyz/venues/bingx) ALT-USDT | +$12.82 | +6.7% | < $100 | Watch |

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## ALT funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Phemex](https://afterfees.xyz/venues/phemex) | ALTUSDT | 0.0050% | 4 h | +10.9% | — | $1M | 2026-10-29 16:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | ALT_PERP | 0.0050% | 4 h | +10.9% | −372.8% | $1.1M | 2026-10-29 16:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ALTUSDTM | 0.0017% | 4 h | +3.7% | −515.9% | $674.7K | 2026-10-29 16:00 |
| [Variational](https://afterfees.xyz/venues/variational) | ALT-PERP | -0.0025% | 4 h | −5.5% | — | $28.4K | 2026-10-29 16:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | ALT-USDT | -0.0101% | 4 h | −22.1% | −464.7% | $1.4M | 2026-10-29 16:00 |
| [Gate](https://afterfees.xyz/venues/gate) | ALT_USDT | -0.0221% | 8 h | −24.2% | −551.0% | $189.4K | 2026-10-29 16:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | ALTUSDT | -0.0192% | 4 h | −42.0% | −580.7% | $2.8M | 2026-10-29 16:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | ALTUSDT | -0.0201% | 4 h | −44.0% | −538.4% | $818.2K | 2026-10-29 16:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | ALTUSDT | -0.0284% | 4 h | −62.2% | −561.5% | — | 2026-10-29 16:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | ALT_USDT | -0.0296% | 4 h | −64.8% | −584.2% | $654.3K | 2026-10-29 16:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_ALT_USDT | -0.0297% | 4 h | −65.0% | −583.4% | $2.1K | 2026-10-29 16:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | ALTUSDT | -0.0300% | 4 h | −65.6% | — | — | 2026-10-29 16:00 |
| [Binance](https://afterfees.xyz/venues/binance) | ALTUSDT | -0.0300% | 4 h | −65.6% | −583.1% | $5.9M | 2026-10-29 16:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | ALT-USDT | -0.0316% | 4 h | −69.3% | −583.1% | $338.7K | 2026-10-29 16:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | ALT | -0.0088% | 1 h | −77.3% | −612.4% | $920.9K | 2026-10-29 15:00 |

## Borrow ALT to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Binance | 52.07% | — |
| Gate | 93.11% | $30K |
| Bybit | 104.13% | — |

## Cost to enter $10,000 of ALT

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| BingX | ALT-USDT | 14.1 bp | live order book |
| Binance | ALTUSDT | 16.9 bp | live order book |
| MEXC | ALT_USDT | 2.8 bp | top of book only |
| Variational | ALT-PERP | 5.4 bp | top of book only |
| Bybit | ALTUSDT | 8.6 bp | top of book only |
| BloFin | ALT-USDT | 9.1 bp | top of book only |
| Gate | ALT_USDT | 9.8 bp | top of book only |
| Bitget | ALTUSDT | 10.6 bp | top of book only |
| Hyperliquid | ALT | 14.5 bp | top of book only |
| Bybit | ALTUSDT (spot) | 15.4 bp | top of book only |
| KuCoin | ALTUSDTM | 16.0 bp | top of book only |
| Binance | ALTUSDT (spot) | 17.7 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on ALT

- [Borrow ALT: rates on every exchange](https://afterfees.xyz/borrow/ALT)

## Questions

**Is ALT funding-rate arbitrage profitable right now?**

Not at the full size. At $10,000 per side for 7 days the best ALT pair (Binance / BingX) would net +$12.82 after taker fees, order-book slippage and carry, but the slippage at that size is over the budget, so it is on watch rather than actionable.

**Which exchange has the highest ALT funding rate?**

Phemex at +10.9% a year (0.0050% every 4 h); the lowest is Hyperliquid at −77.3%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._