Funding you earn now, next payment 09:00 UTC+0.1487%/8h= +162.8% APRnext payment +$1.86 per $10,000 · paid last 24h +0.508%
Price spread now: dYdX against Extended+0.063%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs+$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1221.217% of the position
Funding, last 7 days+1.667%+$167 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.063%, 7d avg +0.059%
=Together, before fees+1.671%+ Points / potential airdropExtended: Active · farm board+$167 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.059%, so right now this pair is about funding alone: +$45 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ALGO-USD | 0.1112 | 0.0104 | pay 0.0013% / 1h | 54m 45s | $4K | $193K | 10x |
| Short | dYdX ALGO-USD | 0.1113 | 0.1591 | get 0.0199% / 1h | 54m 45s | $160K | $5K | 5x |
Extended ALGO-USD
dYdX ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Extended. 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
- $312.19
- Price spread: +0.063% → +0.059%
- $0.41
- Slippage, 4 orders
- −$106.72
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $190.88
- Costs to cover
- 1.217%
- Break-even
- 2.7 days
Slippage from Extended: live order book, 41 min ago; dYdX: live order book, 44 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 Extended live order book, 41 min ago | 1.98 bp | 15.3 bp −$15 | 110.4 bp −$1,104 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 44 min ago | 24.15 bp | 46.5 bp −$46 | 163.9 bp −$1,639 | 240.4 bp −$24.0K | 920.5 bp −$460.2K |
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 | −0.0200% | 1h | 0.1111 | −0.131% | $87K | $46K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0025% | 1h | 0.1111 | −0.055% | $829K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1111 | −0.114% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.715% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1114 | +0.220% | $3.4M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1113 | +0.044% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1113 | +0.044% | $9.5M | $34.4M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1112 | −0.014% | $11.2M | $13.0M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1112 | +0.022% | $2.7M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1110 | −0.140% | $836K | $915K | 50x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1113 | +0.067% | $23.4M | $3.2M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1111 | −0.050% | $3.4M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1113 | +0.085% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1112 | +0.031% | — | $3.4M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1111 | −0.080% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1110 | −0.140% | $58K | $137K | 75x | as long as short |
| Extended ALGO-USDlong | +0.0104% | 1h | 0.1112 | long leg | $4K | $193K | 10x | |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1117 | +0.409% | $63K | $194K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1109 | −0.248% | $479K | $832K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0319% / S −0.0264% | 1h | 0.1111 | −0.091% | $6K | — | 100x | as long as short |
| Phemex ALGOUSDT | +0.1437% | 8h | 0.1112 | −0.005% | $3.7M | $1.8M | 50x | as long as short |
| dYdX ALGO-USDshort | +0.1591% | 1h | 0.1113 | +0.063% | $160K | $5K | 5x |
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Phemex ALGOUSDT