Funding you earn now, next payment 00:00 UTC−0.1227%/8h= −134.4% APRpaid last 24h −0.559%
Price spread now: Gate against dYdX−0.027%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$606as in the Funding arb table
Net, price: spread back to 7d avg − costs−$453as in the Price arb table
costs, in and out, $10k−$4594.585% of the position
Funding, last 7 days−1.473%−$147 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now −0.027%, 7d avg −0.078%
=The price spread pays, funding is against you. Gate is 0.052% dearer against dYdX than usual: you sell high and buy low (spread −0.027% now, against its 7-day average of −0.078%): +$5 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ALGO-USD | 0.1123 | 0.1327 | pay 0.0166% / 1h | 6m 02s | $161K | $3K | 5x |
| Short | Gate ALGO_USDT | 0.1123 | 0.0100 | get 0.0100% / 8h | 6m 02s | $883K | $837K | 50x |
dYdX ALGO-USD
Gate ALGO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$257.72
- Price spread: −0.027% → −0.078%
- $5.15
- Slippage, 4 orders
- −$433.53
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$711.1
- Costs to cover
- 4.585%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 8 min ago; Gate: live order book, 6 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, 8 min ago | 54.84 bp | 59.8 bp −$60 | 59.8 bp −$598 | 61.4 bp −$6,137 | 499.1 bp −$249.6K |
| Sell Gate live order book, 6 min ago | 7.57 bp | 43.0 bp −$43 | 330.4 bp −$3,304 | 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 | −0.0552% | 1h | 0.1122 | −0.125% | $102K | $50K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0158% | 1h | 0.1122 | −0.105% | $834K | $1.1M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0149% | 8h | 0.1121 | −0.223% | $11.3M | $12.0M | 75x | as long as short |
| Variational Omni ALGO | −0.0132% | 8h | 0.1120 | −0.249% | $62K | $12K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0112% | 1h | 0.1124 | +0.089% | $62K | $299K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1123 | −0.010% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0026% | 1h | 0.1120 | −0.294% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1124 | +0.027% | $3.7M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1123 | −0.026% | $44K | $36K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1121 | −0.160% | $9.9M | $34.2M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance 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 | 0.1121 | −0.169% | $3.0M | $7.6M | 50x | as long as short |
| Gate ALGO_USDTshort | +0.0100% | 8h | 0.1123 | −0.027% | $883K | $837K | 50x | |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1122 | −0.142% | $23.1M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1123 | −0.071% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1122 | −0.116% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1122 | −0.151% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1122 | −0.134% | $66K | $107K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1124 | +0.062% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1121 | −0.181% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1124 | +0.062% | $491K | $799K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0332% / S −0.0332% | 1h | 0.1122 | −0.076% | $7K | — | 100x | as long as short |
| dYdX ALGO-USDlong | +0.1327% | 1h | 0.1123 | long leg | $161K | $3K | 5x |
OKX ALGO-USDT-SWAP
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]