Funding you earn now, next payment 02:00 UTC+0.0208%/8h= +22.8% APRpaid last 24h +0.131%
Price spread now: HTX against Deribit+0.090%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs+$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$960.959% of the position
Funding, last 7 days+1.208%+$121 on $10k
+Price spread, last 3 days (all we have)−0.241%−$24 · spread now +0.090%, 7d avg −0.033%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and HTX is 0.123% dearer against Deribit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ALGO_USDC-PERPETUAL | 0.1116 | −0.0108 | get 0.0013% / 1h | 3m 35s | $101K | $49K | 25x |
| Short | HTX ALGO-USDT | 0.1118 | 0.0100 | get 0.0100% / 8h | 6h 03m | $60K | $140K | 75x |
Deribit ALGO_USDC-PERPETUAL
HTX ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Deribit. 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
- $43.68
- Price spread: +0.090% → −0.033%
- $12.25
- Slippage, 4 orders
- −$76.86
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$39.93
- Costs to cover
- 0.959%
- Break-even
- 13.4 days
Slippage from Deribit: live order book, 65 min ago; HTX: live order book, 63 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 Deribit live order book, 65 min ago | 6.26 bp | 10.7 bp −$11 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell HTX live order book, 63 min ago | 1.35 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
ALGO on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUALlong | −0.0108% | 1h | 0.1116 | long leg | $101K | $49K | 25x | |
| Coinbase International ALGO-PERP-INTX | −0.0064% | 1h | 0.1120 | +0.322% | $71K | $285K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1117 | +0.031% | $17K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.313% | $834 | $233K | 12x | as long as short |
| Variational Omni ALGO | +0.0057% | 8h | 0.1116 | −0.013% | $61K | $12K | — | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1119 | +0.227% | $3.7M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1117 | +0.060% | $44K | $41K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1116 | −0.005% | $9.8M | $34.7M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1116 | −0.063% | $11.5M | $12.3M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1115 | −0.099% | $2.9M | $7.6M | 50x | as long as short |
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Variational Omni ALGO
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ALGO_USDT | +0.0100% | 8h | 0.1117 | +0.045% | $873K | $860K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1116 | 0.000% | $22.8M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1117 | +0.018% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1117 | +0.045% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1116 | 0.000% | — | $3.3M | — | as long as short |
| HTX ALGO-USDTshort | +0.0100% | 8h | 0.1118 | +0.090% | $60K | $140K | 75x | |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1119 | +0.224% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1116 | −0.015% | $4K | $232K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0262% | 1h | 0.1117 | +0.047% | $827K | $1.1M | 50x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0343% / S −0.0313% | 1h | 0.1116 | −0.006% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1578% | 1h | 0.1117 | +0.031% | $161K | $4K | 5x | as long as short |
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD