'alright' is a word usually synonymous with okay.
"Shall we have Mexican tonight?" "Alright, works for me."
"Are you alright? You don't look well." "Well, I'm feeling a bit dizzy."
'all right' is about quantity (everything) and correctness.
"Did I do well on my test?" "You got the questions all right."
"All is right in the world today, at least in my world."