Funding you earn now, next payment 04:00 UTC+0.0978%/8h= +107.1% APRpaid last 24h +0.544%
Price spread now: dYdX against Gate+0.091%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$421as in the Price arb table
costs, in and out, $10k−$4224.223% of the position
Funding, last 7 days+1.551%+$155 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.091%, 7d avg +0.076%
=The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: +$29 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ALGO_USDT | 0.1110 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $860K | $885K | 50x |
| Short | dYdX ALGO-USD | 0.1111 | 0.1078 | get 0.0135% / 1h | 50m 04s | $160K | $4K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Gate. 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
- $205.38
- Price spread: +0.091% → +0.076%
- $1.51
- Slippage, 4 orders
- −$397.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$215.39
- Costs to cover
- 4.223%
- Break-even
- 14.3 days
Slippage from Gate: live order book, 7 min ago; dYdX: live order book, 9 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 Gate live order book, 7 min ago | 7.59 bp | 61.4 bp −$61 | 746.8 bp −$7,468 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 9 min ago | 49.85 bp | 245.9 bp −$246 | 249.4 bp −$2,494 | 258.1 bp −$25.8K | 1208.5 bp −$604.3K |
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 | −0.0110% | 1h | 0.1110 | +0.063% | $88K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1111 | +0.091% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.919% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0080% | 1h | 0.1116 | +0.595% | $88K | $291K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1112 | +0.189% | $3.7M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1111 | +0.140% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1109 | −0.066% | $9.7M | $34.7M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1108 | −0.126% | $11.4M | $12.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1109 | −0.072% | $2.8M | $7.7M | 50x | as long as short |
| Gate ALGO_USDTlong | +0.0100% | 8h | 0.1110 | long leg | $860K | $885K | 50x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1110 | +0.036% | $22.7M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1111 | +0.090% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1110 | +0.018% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1111 | +0.081% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1110 | +0.046% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1111 | +0.081% | $59K | $140K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1113 | +0.288% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1110 | +0.038% | $4K | $227K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1111 | +0.117% | $489K | $890K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0342% / S −0.0313% | 1h | 0.1111 | +0.073% | $7K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0378% | 1h | 0.1111 | +0.080% | $822K | $1.0M | 50x | as long as short |
| dYdX ALGO-USDshort | +0.1078% | 1h | 0.1111 | +0.091% | $160K | $4K | 5x |
Gate ALGO_USDT
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD