Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.1184%/8h= +129.7% APRpaid last 24h +0.546%
Price spread now: dYdX against Aster−0.066%49s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. dYdX is 0.066% cheaper against Aster than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4 hours of funding at the current rate (+$36 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALGOUSDT0.11190.0100pay 0.0100% / 8h7h 14m$44K$38K5x
ShortdYdX ALGO-USD0.11180.1284get 0.0161% / 1h14m 51s$160K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$248.72
Price spread: −0.066% → 0.000%
−$6.58
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
$224.14
Costs to cover
0.180%
Break-even
0.7 days
Slippage unknown: Aster: no order-book sample; dYdX: live order book, 59 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell dYdX live order book, 59 min ago54.84 bp317.6 bp −$318330.4 bp −$3,304335.7 bp −$33.6K1086.0 bp −$543.0K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0565%1h0.1120+0.138%$832K$1.1M50xas long as short
Coinbase International ALGO-PERP-INTX−0.0104%1h0.1114−0.465%$87K$273K50xas long as short
Variational Omni ALGO−0.0086%8h0.1116−0.225%$61K$12Kas long as short
Deribit ALGO_USDC-PERPETUAL0.0000%1h0.1119+0.045%$101K$49K25xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1119+0.006%$6K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.117%$834$233K12xas long as short
Extended ALGO-USD+0.0096%1h0.1120+0.085%$4K$228K10xas long as short
MEXC ALGO_USDT+0.0097%8h0.1120+0.108%$23.0M$3.0M200xas long as short
Binance ALGOUSDT+0.0098%8h0.1120+0.105%$10.1M$34.6M75xas long as short
Hyperliquid ALGO+0.0100%1h0.1122+0.260%$3.7M$1.8M5xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ALGOUSDTlong+0.0100%8h0.1119long leg$44K$38K5x
Bybit ALGOUSDT+0.0100%8h0.1119+0.063%$11.4M$11.9M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1119+0.072%$2.9M$7.5M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1119+0.045%$877K$824K50xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1120+0.108%$3.6M$1.4M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1120+0.117%$5.6M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1119+0.072%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1118−0.053%$63K$141K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1121+0.206%$3.8M$1.8M50xas long as short
BloFin ALGO-USDT+0.0218%8h0.1119+0.072%$493K$768K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0342% / S −0.0351%1h0.1119+0.032%$7K100xas long as short
dYdX ALGO-USDshort+0.1284%1h0.1118−0.066%$160K$3K5x