Funding you earn now, next payment 16:00 UTC+0.0166%/8h= +18.2% APRnext payment +$1.66 per $10,000 · paid last 24h +0.025%
Price spread now: HTX against Bybit+0.128%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$840.835% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.128%, 7d avg +0.020%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and HTX is 0.108% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread 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 | Bybit ALGOUSDT | 0.1092 | −0.0066 | get 0.0066% / 8h | 4h 08m | $10.5M | $13.3M | 75x |
| Short | HTX ALGO-USDT | 0.1093 | 0.0100 | get 0.0100% / 8h | 4h 08m | $57K | $106K | 75x |
Bybit ALGOUSDT
HTX ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $34.92
- Price spread: +0.128% → +0.020%
- $10.81
- Slippage, 4 orders
- −$60.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$37.8
- Costs to cover
- 0.835%
- Break-even
- 14.6 days
Slippage from Bybit: live order book, 3 min ago; HTX: live order book, 31 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, 3 min ago | 0.46 bp | 12.9 bp −$13 | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell HTX live order book, 31 min ago | 7.80 bp | 24.5 bp −$25 | doesn't fit | 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 | −0.0507% | 1h | 0.1093 | +0.083% | $789K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0390% | 1h | 0.1092 | +0.037% | $86K | $41K | 25x | as long as short |
| Bybit ALGOUSDTlong | −0.0066% | 8h | 0.1092 | long leg | $10.5M | $13.3M | 75x | |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1093 | +0.129% | $16K | — | 150x | as long as short |
| Variational Omni ALGO | +0.0014% | 8h | 0.1090 | −0.142% | $59K | $13K | — | as long as short |
| OKX ALGO-USDT-SWAP | +0.0022% | 8h | 0.1092 | −0.009% | $2.6M | $7.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +2.564% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0088% | 1h | 0.1094 | +0.174% | $64K | $177K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1094 | +0.165% | $3.3M | $2.2M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1093 | +0.106% | $43K | $37K | 5x | as long as short |
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Variational Omni ALGO
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 ALGOUSDT | +0.0100% | 8h | 0.1092 | +0.018% | $9.2M | $33.2M | 75x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1092 | +0.027% | $829K | $875K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1092 | +0.018% | $23.6M | $3.3M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1094 | +0.147% | $3.3M | $1.3M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1092 | 0.000% | $5.4M | $3.4M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1093 | +0.092% | — | $3.2M | — | as long as short |
| HTX ALGO-USDTshort | +0.0100% | 8h | 0.1093 | +0.128% | $57K | $106K | 75x | |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1095 | +0.275% | $3.7M | $1.7M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1092 | +0.002% | $6K | $304K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1092 | +0.018% | $468K | $849K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0316% / S −0.0264% | 1h | 0.1093 | +0.088% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1363% | 1h | 0.1093 | +0.078% | $158K | $4K | 5x | as long as short |
Binance ALGOUSDT
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD