Funding you earn now, next payment 23:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.038%
Price spread now: Coinbase International against HTX+0.223%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1321.316% of the position
Funding, last 7 days−0.423%−$42 on $10k
+Price spread, last 3 days (all we have)−0.180%−$18 · spread now +0.223%, 7d avg −0.009%
=The price spread pays, funding is against you. Coinbase International is 0.232% dearer against HTX than usual: you sell high and buy low (spread +0.223% now, against its 7-day average of −0.009%): +$23 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ALGO-USDT | 0.1122 | 0.0100 | pay 0.0100% / 8h | 6m 14s | $66K | $107K | 75x |
| Short | Coinbase International ALGO-PERP-INTX | 0.1124 | −0.0112 | pay 0.0014% / 1h | 6m 14s | $62K | $299K | 50x |
HTX ALGO-USDT
Coinbase International ALGO-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against HTX. 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
- −$44.52
- Price spread: +0.223% → −0.009%
- $23.21
- Slippage, 4 orders
- −$109.64
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$152.95
- Costs to cover
- 1.316%
- Break-even
- never at this rate
Slippage from HTX: live order book, 5 min ago; Coinbase International: live order book, 7 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 HTX live order book, 5 min ago | 11.56 bp | 55.3 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 7 min ago | 8.46 bp | 14.3 bp −$14 | 22.9 bp −$229 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0552% | 1h | 0.1122 | +0.009% | $102K | $50K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0158% | 1h | 0.1122 | +0.029% | $834K | $1.1M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0149% | 8h | 0.1121 | −0.080% | $11.3M | $12.0M | 75x | as long as short |
| Variational Omni ALGO | −0.0132% | 8h | 0.1120 | −0.116% | $62K | $12K | — | as long as short |
| Coinbase International ALGO-PERP-INTXshort | −0.0112% | 1h | 0.1124 | +0.223% | $62K | $299K | 50x | |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1123 | +0.124% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0026% | 1h | 0.1120 | −0.160% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1124 | +0.160% | $3.7M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1123 | +0.130% | $44K | $36K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1121 | −0.027% | $9.9M | $34.2M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1121 | −0.036% | $3.0M | $7.6M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1123 | +0.107% | $883K | $837K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1122 | −0.009% | $23.1M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1123 | +0.062% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1122 | +0.018% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1122 | −0.018% | — | $3.3M | — | as long as short |
| HTX ALGO-USDTlong | +0.0100% | 8h | 0.1122 | long leg | $66K | $107K | 75x | |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1124 | +0.196% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1122 | −0.024% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1124 | +0.196% | $491K | $799K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0332% / S −0.0332% | 1h | 0.1122 | +0.058% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1327% | 1h | 0.1123 | +0.134% | $161K | $3K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD