Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.026%
Price spread now: Extended against Bybit+0.042%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$600.595% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.042%, 7d avg +0.026%
=Together, before fees−0.050%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALGOUSDT | 0.1114 | 0.0100 | pay 0.0100% / 8h | 6h 49m | $11.4M | $12.2M | 75x |
| Short | Extended ALGO-USD | 0.1114 | 0.0104 | get 0.0013% / 1h | 49m 33s | $8K | $229K | 10x |
Bybit ALGOUSDT
Extended ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $0.84
- Price spread: +0.042% → +0.026%
- $1.54
- Slippage, 4 orders
- −$43.52
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$57.14
- Costs to cover
- 0.595%
- Break-even
- 483.2 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 17 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 Bybit live order book, 4 min ago | 0.90 bp | 16.0 bp −$16 | 40.3 bp −$403 | doesn't fit | doesn't fit |
| Sell Extended live order book, 17 min ago | 1.30 bp | 13.0 bp −$13 | 128.4 bp −$1,284 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ALGO-PERP-INTX | −0.0064% | 1h | 0.1113 | −0.045% | $87K | $272K | 50x | as long as short |
| Variational Omni ALGO | −0.0039% | 8h | 0.1109 | −0.460% | $61K | $12K | — | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0019% | 1h | 0.1114 | +0.009% | $101K | $49K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1114 | +0.001% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.557% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1118 | +0.341% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1117 | +0.257% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1115 | +0.067% | $9.9M | $35.0M | 75x | as long as short |
| Bybit ALGOUSDTlong | +0.0100% | 8h | 0.1114 | long leg | $11.4M | $12.2M | 75x | |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1114 | +0.009% | $2.9M | $7.6M | 50x | as long as short |
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
OKX ALGO-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ALGO_USDT | +0.0100% | 8h | 0.1115 | +0.072% | $874K | $842K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1114 | +0.036% | $22.9M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1115 | +0.153% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1115 | +0.108% | $5.6M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1115 | +0.072% | — | $3.4M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1114 | −0.009% | $61K | $143K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.198% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USDshort | +0.0104% | 1h | 0.1114 | +0.042% | $8K | $229K | 10x | |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1110 | −0.296% | $489K | $767K | 75x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0262% | 1h | 0.1115 | +0.067% | $827K | $1.1M | 50x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0342% / S −0.0313% | 1h | 0.1114 | +0.029% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1831% | 1h | 0.1115 | +0.104% | $161K | $4K | 5x | as long as short |
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
Kraken Futures PF_ALGOUSD
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD