Funding you earn now, next payment 01:00 UTC−0.1217%/8h= −133.3% APRpaid last 24h −0.510%
Price spread now: BloFin against dYdX+0.178%92s7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1941.940% of the position
Funding, last 7 days−1.264%−$126 on $10k
+Price spread, last 3 days (all we have)−0.089%−$9 · spread now +0.178%, 7d avg −0.049%
=The price spread pays, funding is against you. BloFin is 0.227% dearer against dYdX than usual: you sell high and buy low (spread +0.178% now, against its 7-day average of −0.049%): +$23 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−1.264% in total) that is about 30 hours. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ALGO-USD | 0.1118 | 0.1437 | pay 0.0180% / 1h | 7m 36s | $160K | $3K | 5x |
| Short | BloFin ALGO-USDT | 0.1120 | 0.0220 | get 0.0220% / 8h | 7h 07m | $494K | $768K | 75x |
dYdX ALGO-USD
BloFin ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against dYdX. 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
- −$255.55
- Price spread: +0.178% → −0.049%
- $22.66
- Slippage, 4 orders
- −$171.97
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$426.86
- Costs to cover
- 1.940%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 1 min ago; BloFin: live order book, 64 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 dYdX live order book, 1 min ago | 20.42 bp | 109.0 bp −$109 | 140.1 bp −$1,401 | 162.8 bp −$16.3K | 956.8 bp −$478.4K |
| Sell BloFin live order book, 64 min ago | 0.89 bp | 9.7 bp −$10 | 21.3 bp −$213 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0566% | 1h | 0.1119 | +0.076% | $831K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0197% | 1h | 0.1118 | +0.044% | $101K | $49K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1114 | −0.395% | $87K | $271K | 50x | as long as short |
| Variational Omni ALGO | −0.0074% | 8h | 0.1119 | +0.072% | $61K | $12K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1119 | +0.085% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.187% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1119 | +0.112% | $3.7M | $1.8M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1117 | −0.055% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1117 | −0.071% | $10.0M | $34.5M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1116 | −0.126% | $11.4M | $11.9M | 75x | as long as short |
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1117 | −0.090% | $2.9M | $7.5M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1118 | +0.008% | $877K | $828K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1118 | −0.028% | $23.0M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1118 | +0.026% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1117 | −0.081% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1118 | −0.037% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1119 | +0.097% | $61K | $142K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1121 | +0.276% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1117 | −0.051% | $8K | $233K | 10x | as long as short |
| BloFin ALGO-USDTshort | +0.0220% | 8h | 0.1120 | +0.178% | $494K | $768K | 75x | |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0342% / S −0.0351% | 1h | 0.1119 | +0.056% | $7K | — | 100x | as long as short |
| dYdX ALGO-USDlong | +0.1437% | 1h | 0.1118 | long leg | $160K | $3K | 5x |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
GMX ALGO/USD [WBTC.b-USDC]