Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended−0.004%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$970.966% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.004%, 7d avg −0.024%
Together, before fees−0.003%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ALGO-USD0.11140.0104pay 0.0013% / 1h49m 03s$7K$210K10x
ShortGate ALGO_USDT0.11140.0100get 0.0100% / 8h2h 49m$877K$818K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: −0.004% → −0.024%
$1.94
Slippage, 4 orders
−$76.65
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$95.55
Costs to cover
0.966%
Break-even
never at this rate
Slippage from Extended: live order book, 37 min ago; Gate: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 37 min ago1.21 bp13.8 bp −$14107.6 bp −$1,076doesn't fitdoesn't fit
Sell Gate live order book, 37 min ago1.79 bp11.0 bp −$11267.2 bp −$2,672doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.0736%1h0.1115+0.032%$101K$50K25xas long as short
Injective ALGO/USDC PERP−0.0212%1h0.1116+0.139%$831$118K12xas long as short
Bybit ALGOUSDT−0.0131%8h0.1114−0.085%$11.2M$12.3M75xas long as short
Variational Omni ALGO−0.0069%8h0.1113−0.156%$65K$10Kas long as short
Coinbase International ALGO-PERP-INTX−0.0064%1h0.1121+0.570%$62K$339K50xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1115+0.086%$6K150xas long as short
Kraken Futures PF_ALGOUSD+0.0093%1h0.1115+0.044%$836K$1.2M50xas long as short
Hyperliquid ALGO+0.0100%1h0.1116+0.175%$3.7M$1.9M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1116+0.130%$44K$31K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1114−0.004%$9.9M$35.1M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1114−0.067%$3.0M$7.8M50xas long as short
Gate ALGO_USDTshort+0.0100%8h0.1114−0.004%$877K$818K50x
MEXC ALGO_USDT+0.0100%8h0.1114+0.005%$23.0M$2.9M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1115+0.032%$3.6M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1116+0.139%$5.7M$3.6M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1114−0.031%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1115+0.014%$66K$109K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1118+0.319%$3.8M$1.8M50xas long as short
Extended ALGO-USDlong+0.0104%1h0.1114long leg$7K$210K10x
BloFin ALGO-USDT+0.0220%8h0.1115+0.023%$492K$798K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0237% / S −0.0158%1h0.1116+0.100%$5K100xas long as short
dYdX ALGO-USD+0.1139%1h0.1116+0.121%$160K$5K5xas long as short