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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget−0.062%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1121.123% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.062%, 7d avg −0.050%
Together, before fees+0.047%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ALGOUSDT0.11240.0100pay 0.0100% / 8h2h 25m$5.7M$3.6M75x
ShortHTX ALGO-USDT0.11230.0100get 0.0100% / 8h2h 25m$66K$109K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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
$0
Price spread: −0.062% → −0.050%
−$1.19
Slippage, 4 orders
−$88.26
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$113.45
Costs to cover
1.123%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; HTX: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago8.90 bp17.8 bp −$1831.7 bp −$317doesn't fitdoesn't fit
Sell HTX live order book, 60 min ago4.49 bp21.9 bp −$22doesn't fitdoesn't fitdoesn't fit

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
Deribit ALGO_USDC-PERPETUAL−0.0550%1h0.1124+0.044%$102K$50K25xas long as short
Injective ALGO/USDC PERP−0.0212%1h0.1115−0.801%$830$175K12xas long as short
Bybit ALGOUSDT−0.0129%8h0.1123−0.133%$11.3M$12.2M75xas long as short
Variational Omni ALGO−0.0081%8h0.1123−0.125%$65K$10Kas long as short
Coinbase International ALGO-PERP-INTX−0.0064%1h0.1124+0.018%$62K$332K50xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1125+0.052%$6K150xas long as short
Kraken Futures PF_ALGOUSD+0.0092%1h0.1125+0.087%$844K$1.2M50xas long as short
Hyperliquid ALGO+0.0100%1h0.1125+0.080%$3.8M$1.9M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1123−0.060%$44K$31K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1123−0.072%$9.9M$34.8M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1122−0.160%$3.0M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1123−0.116%$883K$819K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1124−0.036%$23.2M$2.9M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1123−0.062%$3.6M$1.5M50xas long as short
Bitget ALGOUSDTlong+0.0100%8h0.1124long leg$5.7M$3.6M75x
BingX ALGO-USDT+0.0100%8h0.1123−0.133%$3.3Mas long as short
HTX ALGO-USDTshort+0.0100%8h0.1123−0.062%$66K$109K75x
Phemex ALGOUSDT+0.0100%8h0.1126+0.178%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1123−0.055%$7K$210K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1123−0.133%$490K$797K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0238% / S −0.0158%1h0.1125+0.103%$5K100xas long as short
dYdX ALGO-USD+0.1354%1h0.1124−0.022%$161K$5K5xas long as short