Funding you earn now, next payment 01:00 UTC−0.1238%/8h= −135.5% APRpaid last 24h −0.546%
Price spread now: HTX against dYdX−0.153%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$623as in the Funding arb table
Net, price: spread back to 7d avg − costs−$488as in the Price arb table
costs, in and out, $10k−$4804.804% of the position
Funding, last 7 days−1.429%−$143 on $10k
+Price spread, last 3 days (all we have)+0.099%+$10 · spread now −0.153%, 7d avg −0.074%
=Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and HTX is 0.078% cheaper against dYdX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.074%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ALGO-USD | 0.1120 | 0.1338 | pay 0.0167% / 1h | 31m 45s | $161K | $3K | 5x |
| Short | HTX ALGO-USDT | 0.1119 | 0.0100 | get 0.0100% / 8h | 7h 31m | $66K | $106K | 75x |
dYdX ALGO-USD
HTX ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$259.89
- Price spread: −0.153% → −0.074%
- −$7.84
- Slippage, 4 orders
- −$458.44
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$748.17
- Costs to cover
- 4.804%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 42 min ago; HTX: live order book, 39 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, 42 min ago | 54.84 bp | 59.8 bp −$60 | 59.8 bp −$598 | 61.4 bp −$6,137 | 499.1 bp −$249.6K |
| Sell HTX live order book, 39 min ago | 11.56 bp | 47.7 bp −$48 | doesn't fit | 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 | −0.0565% | 1h | 0.1120 | +0.015% | $834K | $1.1M | 50x | as long as short |
| Variational Omni ALGO | −0.0132% | 8h | 0.1110 | −0.922% | $61K | $11K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1117 | −0.251% | $67K | $272K | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | 0.0000% | 1h | 0.1120 | −0.028% | $101K | $50K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1120 | −0.038% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | −0.019% | $834 | $233K | 12x | as long as short |
| Extended ALGO-USD | +0.0088% | 1h | 0.1120 | +0.006% | $4K | $250K | 10x | as long as short |
| MEXC ALGO_USDT | +0.0089% | 8h | 0.1121 | +0.035% | $23.0M | $3.0M | 200x | as long as short |
| Binance ALGOUSDT | +0.0093% | 8h | 0.1121 | +0.053% | $9.9M | $34.0M | 75x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1123 | +0.204% | $3.7M | $1.8M | 5x | as long as short |
Kraken Futures PF_ALGOUSD
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Extended ALGO-USD
MEXC ALGO_USDT
Binance ALGOUSDT
Hyperliquid ALGOShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ALGOUSDT | +0.0100% | 8h | 0.1120 | +0.023% | $44K | $38K | 5x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1120 | −0.019% | $11.3M | $11.8M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1120 | +0.017% | $2.9M | $7.5M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1119 | −0.081% | $880K | $817K | 50x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1121 | +0.044% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1121 | +0.070% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1121 | +0.053% | — | $3.3M | — | as long as short |
| HTX ALGO-USDTshort | +0.0100% | 8h | 0.1119 | −0.153% | $66K | $106K | 75x | |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1121 | +0.070% | $3.8M | $1.7M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0209% | 8h | 0.1115 | −0.465% | $489K | $767K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0342% / S −0.0351% | 1h | 0.1120 | −0.010% | $7K | — | 100x | as long as short |
| dYdX ALGO-USDlong | +0.1338% | 1h | 0.1120 | long leg | $161K | $3K | 5x |
Aster ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]