Abstract. Satellite altimetry has been designed for sea level monitoring over open ocean areas. However, since some years, this technology is also used for observing inland water levels of lakes and rivers. In this paper, a new approach for the estimation of inland water level time series is described. It is used for the computation of time series available through the web service "Database for Hydrological Time Series over Inland Water" (DAHITI). The method is based on a Kalman filter approach incorporating multi-mission altimeter observations and their uncertainties. As input data, cross-calibrated altimeter data from Envisat, ERS-2, Jason-1, Jason-2, Topex/Poseidon, and SARAL/AltiKa are used. The paper presents water level time series for a variety of lakes and rivers in North and South America featuring different characteristics such as shape, lake extent, river width, and data coverage. A comprehensive validation is performed by comparison with in-situ gauge data and results from external inland altimeter databases. The new approach yields RMS differences with respect to in-situ data between 4 and 38 cm for lakes and 12 and 139 cm for rivers, respectively. For most study cases, more accurate height information than from available other altimeter data bases can be achieved.