Funding you earn now, next payment 04:00 UTC+0.1205%/8h= +131.9% APRpaid last 24h +0.508%
Price spread now: dYdX against BloFin+0.049%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$340as in the Price arb table
costs, in and out, $10k−$3413.408% of the position
Funding, last 7 days+1.324%+$132 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.049%, 7d avg +0.045%
=The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$36 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALGO-USDT | 0.1112 | 0.0220 | pay 0.0220% / 8h | 4h 40m | $487K | $878K | 75x |
| Short | dYdX ALGO-USD | 0.1112 | 0.1425 | get 0.0178% / 1h | 40m 40s | $160K | $4K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against BloFin. 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
- $253.01
- Price spread: +0.049% → +0.045%
- $0.45
- Slippage, 4 orders
- −$318.81
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$87.35
- Costs to cover
- 3.408%
- Break-even
- 9.4 days
Slippage from BloFin: live order book, 61 min ago; dYdX: live order book, 18 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 BloFin live order book, 61 min ago | 0.45 bp | 13.9 bp −$14 | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 18 min ago | 49.85 bp | 245.9 bp −$246 | 249.4 bp −$2,494 | 258.1 bp −$25.8K | 1208.5 bp −$604.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1110 | −0.125% | $16K | — | 150x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | 0.0000% | 1h | 0.1111 | −0.063% | $88K | $44K | 25x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.756% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0080% | 1h | 0.1116 | +0.432% | $88K | $291K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1114 | +0.171% | $3.7M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1112 | +0.021% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1112 | +0.025% | $9.7M | $34.7M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1111 | −0.072% | $11.3M | $12.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1112 | 0.000% | $2.8M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1112 | +0.036% | $861K | $886K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1112 | +0.027% | $23.1M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1112 | +0.063% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1112 | +0.036% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1112 | +0.018% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1109 | −0.266% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1110 | −0.144% | $59K | $140K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1113 | +0.126% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1112 | +0.007% | $4K | $227K | 10x | as long as short |
| BloFin ALGO-USDTlong | +0.0220% | 8h | 0.1112 | long leg | $487K | $878K | 75x | |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0342% / S −0.0313% | 1h | 0.1110 | −0.152% | $7K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0378% | 1h | 0.1111 | −0.061% | $820K | $1.0M | 50x | as long as short |
| dYdX ALGO-USDshort | +0.1425% | 1h | 0.1112 | +0.049% | $160K | $4K | 5x |
BloFin ALGO-USDT
gTrade (Gains Network) ALGO/USD
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD