Funding you earn now, next payment 05:00 UTC−0.1182%/8h= −129.4% APRnext payment −$1.48 per $10,000 · paid last 24h −0.543%
Price spread now: Extended against dYdX+0.047%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$504as in the Funding arb table
Net, price: spread back to 7d avg − costs−$332as in the Price arb table
costs, in and out, $10k−$3423.423% of the position
Funding, last 7 days−1.616%−$162 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.047%, 7d avg −0.058%
=Together, before fees−1.650%+ Points / potential airdropExtended: Active · farm board−$165 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.105% dearer against dYdX than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.058%): +$11 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ALGO-USD | 0.1116 | 0.1286 | pay 0.0161% / 1h | 55m 01s | $161K | $4K | 5x |
| Short | Extended ALGO-USD | 0.1116 | 0.0104 | get 0.0013% / 1h | 55m 01s | $4K | $231K | 10x |
dYdX ALGO-USD
Extended ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$248.22
- Price spread: +0.047% → −0.058%
- $10.54
- Slippage, 4 orders
- −$327.3
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$579.98
- Costs to cover
- 3.423%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 64 min ago; Extended: live order book, 62 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, 64 min ago | 49.85 bp | 70.1 bp −$70 | 141.6 bp −$1,416 | 163.8 bp −$16.4K | 1170.7 bp −$585.4K |
| Sell Extended live order book, 62 min ago | 0.85 bp | 13.8 bp −$14 | 142.0 bp −$1,420 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0019% | 1h | 0.1116 | +0.054% | $89K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1116 | +0.020% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.367% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1118 | +0.224% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.015% | $44K | $35K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1117 | +0.056% | $9.7M | $34.3M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.009% | $11.2M | $12.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1117 | +0.099% | $2.8M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1115 | −0.090% | $863K | $900K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1116 | +0.018% | $23.1M | $3.1M | 200x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1116 | +0.018% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.009% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1117 | +0.063% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1115 | −0.116% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1116 | +0.045% | $60K | $135K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1119 | +0.278% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USDshort | +0.0104% | 1h | 0.1116 | +0.047% | $4K | $231K | 10x | |
| Kraken Futures PF_ALGOUSD | +0.0131% | 1h | 0.1118 | +0.178% | $830K | $1.0M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0168% | 1h | 0.1119 | +0.269% | $88K | $285K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1116 | −0.027% | $477K | $875K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0319% / S −0.0264% | 1h | 0.1116 | +0.035% | $6K | — | 100x | as long as short |
| dYdX ALGO-USDlong | +0.1286% | 1h | 0.1116 | long leg | $161K | $4K | 5x |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Phemex ALGOUSDT
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]