Funding you earn now, next payment 01:00 UTC−0.0103%/8h= −11.3% APRpaid last 24h −0.031%
Price spread now: gTrade (Gains Network) against Binance+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.023% dearer against Binance than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALGOUSDT | 0.1120 | 0.0100 | pay 0.0100% / 8h | 7h 09m | $10.0M | $34.6M | 75x |
| Short | gTrade (Gains Network) ALGO/USD | 0.1120 | L +0.0001% / S +0.0003% | pay 0.0000% / 1h | 9m 27s | $6K | — | 150x |
Binance ALGOUSDT
gTrade (Gains Network) ALGO/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Binance. 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
- −$21.61
- Price spread: +0.023% → 0.000%
- $2.26
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$39.35
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 min ago; gTrade (Gains Network): no order-book sample. 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 Binance live order book, 2 min ago | 2.23 bp | 11.8 bp −$12 | 28.9 bp −$289 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0566% | 1h | 0.1119 | −0.021% | $831K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0196% | 1h | 0.1119 | −0.018% | $101K | $49K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1114 | −0.545% | $87K | $271K | 50x | as long as short |
| Variational Omni ALGO | −0.0074% | 8h | 0.1119 | −0.079% | $61K | $12K | — | as long as short |
| gTrade (Gains Network) ALGO/USDshort | L +0.0001% / S +0.0003% | 1h | 0.1120 | +0.023% | $6K | — | 150x | |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.036% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1121 | +0.170% | $3.7M | $1.8M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1120 | 0.000% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDTlong | +0.0100% | 8h | 0.1120 | long leg | $10.0M | $34.6M | 75x | |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1119 | −0.035% | $11.4M | $11.9M | 75x | as long as short |
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Bybit 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 | 0.1119 | −0.035% | $2.9M | $7.5M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1120 | +0.009% | $878K | $828K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1120 | +0.009% | $23.0M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1120 | +0.036% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1120 | +0.036% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1119 | −0.009% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1119 | −0.053% | $61K | $142K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1119 | −0.039% | $8K | $233K | 10x | as long as short |
| Phemex ALGOUSDT | +0.0114% | 8h | 0.1121 | +0.125% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1119 | −0.027% | $492K | $768K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0342% / S −0.0351% | 1h | 0.1120 | +0.015% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1409% | 1h | 0.1120 | +0.019% | $160K | $3K | 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
Extended ALGO-USD
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD