Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.090%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$660.661% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days+0.119%+$12 · spread now −0.090%, 7d avg +0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.110% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALGOUSDT | 0.1087 | 0.0100 | pay 0.0100% / 8h | 5h 31m | $5.3M | $3.5M | 75x |
| Short | Binance ALGOUSDT | 0.1086 | 0.0100 | get 0.0100% / 8h | 5h 31m | $9.2M | $33.7M | 75x |
Bitget ALGOUSDT
Binance ALGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $0
- Price spread: −0.090% → +0.020%
- −$11.01
- Slippage, 4 orders
- −$44.12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$77.13
- Costs to cover
- 0.661%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 9 min ago; Binance: live order book, 3 min ago.
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 Bitget live order book, 9 min ago | 4.56 bp | 20.8 bp −$21 | 37.5 bp −$375 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.92 bp | 15.2 bp −$15 | 45.8 bp −$458 | doesn't fit | doesn't fit |
ALGO on 22 exchanges
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 | −0.0316% | 1h | 0.1087 | −0.024% | $795K | $1.1M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0306% | 8h | 0.1085 | −0.212% | $10.5M | $13.4M | 75x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0210% | 1h | 0.1087 | −0.009% | $86K | $41K | 25x | as long as short |
| Variational Omni ALGO | −0.0005% | 8h | 0.1093 | +0.582% | $59K | $13K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1087 | +0.046% | $16K | — | 150x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0001% | 8h | 0.1086 | −0.110% | $2.6M | $7.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +3.036% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0088% | 1h | 0.1087 | −0.009% | $62K | $172K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1088 | +0.092% | $3.3M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1087 | −0.044% | $43K | $36K | 5x | as long as short |
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Deribit ALGO_USDC-PERPETUAL
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
OKX ALGO-USDT-SWAP
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ALGOUSDTshort | +0.0100% | 8h | 0.1086 | −0.090% | $9.2M | $33.7M | 75x | |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1086 | −0.120% | $817K | $883K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1087 | −0.018% | $23.2M | $3.2M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1087 | −0.028% | $3.3M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDTlong | +0.0100% | 8h | 0.1087 | long leg | $5.3M | $3.5M | 75x | |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1086 | −0.046% | — | $3.4M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1084 | −0.304% | $56K | $129K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1090 | +0.276% | $3.7M | $1.7M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1086 | −0.049% | $8K | $179K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1088 | +0.092% | $471K | $805K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0316% / S −0.0264% | 1h | 0.1095 | +0.691% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1766% | 1h | 0.1087 | −0.024% | $157K | $5K | 5x | as long as short |
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD