Funding you earn now, next payment 22:00 UTC−0.0836%/8h= −91.5% APRpaid last 24h −0.130%
Price spread now: Deribit against Aster−0.116%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Deribit is 0.116% cheaper against Aster than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ALGOUSDT | 0.1116 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $44K | $31K | 5x |
| Short | Deribit ALGO_USDC-PERPETUAL | 0.1114 | −0.0736 | pay 0.0092% / 1h | 37m 50s | $101K | $49K | 25x |
Aster ALGOUSDT
Deribit ALGO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$175.56
- Price spread: −0.116% → 0.000%
- −$11.65
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$202.21
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Deribit: live order book, 50 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 50 min ago | 3.58 bp | 9.8 bp −$10 | 18.5 bp −$185 | doesn't fit | doesn't fit |
Aster: 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.
ALGO on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUALshort | −0.0736% | 1h | 0.1114 | −0.116% | $101K | $49K | 25x | |
| Injective ALGO/USDC PERP | −0.0212% | 1h | 0.1115 | −0.054% | $830 | $175K | 12x | as long as short |
| Bybit ALGOUSDT | −0.0136% | 8h | 0.1113 | −0.278% | $11.2M | $12.3M | 75x | as long as short |
| Variational Omni ALGO | −0.0077% | 8h | 0.1114 | −0.134% | $65K | $10K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0064% | 1h | 0.1121 | +0.466% | $62K | $339K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1115 | −0.045% | $6K | — | 150x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0093% | 1h | 0.1115 | −0.092% | $836K | $1.2M | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1115 | −0.009% | $3.7M | $1.9M | 5x | as long as short |
| Aster ALGOUSDTlong | +0.0100% | 8h | 0.1116 | long leg | $44K | $31K | 5x | |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1114 | −0.152% | $9.9M | $35.0M | 75x | as long as short |
Injective ALGO/USDC PERP
Bybit ALGOUSDT
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Kraken Futures PF_ALGOUSD
Hyperliquid ALGO
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1113 | −0.206% | $3.0M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1115 | −0.054% | $878K | $818K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1114 | −0.125% | $23.0M | $2.9M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1115 | −0.090% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1115 | −0.054% | $5.7M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1114 | −0.170% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1113 | −0.206% | $66K | $109K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1117 | +0.126% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1114 | −0.129% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1115 | −0.018% | $491K | $792K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0237% / S −0.0158% | 1h | 0.1115 | −0.047% | $5K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1235% | 1h | 0.1115 | −0.059% | $160K | $5K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD