ALGO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0054%/8h= +6.0% APRnext payment +$0.07 per $10,000 · paid last 24h +0.073%

Price spread now: GMX against Extended−0.031%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.031% cheaper against Extended than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 45 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ALGO-USD	0.1124	0.0104	pay 0.0013% / 1h	26m 37s	$7K	$210K	10x
Short	GMX ALGO/USD [WBTC.b-USDC]	0.1123	L +0.0238% / S −0.0158%	get 0.0020% / 1h	26m 37s	$5K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee ExtendedbpFee GMXbpOrdersPrice spread, now −0.031%Rate

Funding earned: $11.42
Price spread: −0.031% → 0.000%: −$3.07
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$8.65
Costs to cover: 0.170%
Break-even: 12.3 days

Slippage unknown: Extended: live order book, 60 min ago; GMX: no order-book sample. Net counts fees only.

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, 60 min ago	1.21 bp	13.8 bp −$14	107.6 bp −$1,076	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0639%	1h	0.1123	−0.043%	$102K	$50K	25x	as long as short
Injective ALGO/USDC PERP	−0.0212%	1h	0.1115	−0.782%	$830	$175K	12x	as long as short
Bybit ALGOUSDT	−0.0127%	8h	0.1123	−0.105%	$11.3M	$12.2M	75x	as long as short
Variational Omni ALGO	−0.0081%	8h	0.1123	−0.105%	$65K	$10K	—	as long as short
Coinbase International ALGO-PERP-INTX	−0.0064%	1h	0.1124	+0.037%	$62K	$332K	50x	as long as short
gTrade (Gains Network) ALGO/USD	L +0.0001% / S +0.0003%	1h	0.1124	0.000%	$6K	—	150x	as long as short
Kraken Futures PF_ALGOUSD	+0.0092%	1h	0.1124	+0.013%	$843K	$1.2M	50x	as long as short
Hyperliquid ALGO	+0.0100%	1h	0.1125	+0.108%	$3.8M	$1.9M	5x	as long as short
Aster ALGOUSDT	+0.0100%	8h	0.1123	−0.100%	$44K	$31K	5x	as long as short
Binance ALGOUSDT	+0.0100%	8h	0.1124	+0.011%	$10.0M	$34.8M	75x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ALGO-USDT-SWAP	+0.0100%	8h	0.1123	−0.034%	$3.0M	$7.8M	50x	as long as short
Gate ALGO_USDT	+0.0100%	8h	0.1123	−0.097%	$883K	$819K	50x	as long as short
MEXC ALGO_USDT	+0.0100%	8h	0.1124	−0.025%	$23.2M	$2.9M	200x	as long as short
KuCoin ALGOUSDTM	+0.0100%	8h	0.1123	−0.061%	$3.6M	$1.5M	50x	as long as short
Bitget ALGOUSDT	+0.0100%	8h	0.1124	+0.019%	$5.7M	$3.6M	75x	as long as short
BingX ALGO-USDT	+0.0100%	8h	0.1123	−0.079%	—	$3.3M	—	as long as short
HTX ALGO-USDT	+0.0100%	8h	0.1123	−0.097%	$66K	$109K	75x	as long as short
Phemex ALGOUSDT	+0.0100%	8h	0.1125	+0.108%	$3.8M	$1.8M	50x	as long as short
Extended ALGO-USDlong	+0.0104%	1h	0.1124	long leg	$7K	$210K	10x
BloFin ALGO-USDT	+0.0220%	8h	0.1123	−0.114%	$490K	$797K	75x	as long as short
GMX ALGO/USD [WBTC.b-USDC]short	L +0.0238% / S −0.0158%	1h	0.1123	−0.031%	$5K	—	100x
dYdX ALGO-USD	+0.1328%	1h	0.1124	−0.003%	$161K	$5K	5x	as long as short