Funding you earn now, next payment 01:00 UTC−0.0118%/8h= −12.9% APRpaid last 24h −0.132%
Price spread now: Deribit against HTX−0.062%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1311.313% of the position
Funding, last 7 days−1.215%−$121 on $10k
+Price spread, last 3 days (all we have)+0.224%+$22 · spread now −0.062%, 7d avg +0.032%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.094% cheaper against HTX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ALGO-USDT | 0.1121 | 0.0100 | pay 0.0100% / 8h | 7h 14m | $62K | $141K | 75x |
| Short | Deribit ALGO_USDC-PERPETUAL | 0.1120 | −0.0018 | pay 0.0002% / 1h | 14m 00s | $101K | $49K | 25x |
HTX ALGO-USDT
Deribit ALGO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$24.78
- Price spread: −0.062% → +0.032%
- −$9.41
- Slippage, 4 orders
- −$112.27
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$165.46
- Costs to cover
- 1.313%
- Break-even
- never at this rate
Slippage from HTX: live order book, 57 min ago; Deribit: live order book, 59 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, 57 min ago | 11.56 bp | 55.3 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 59 min ago | 4.90 bp | 10.2 bp −$10 | 19.8 bp −$198 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0564% | 1h | 0.1122 | +0.085% | $834K | $1.1M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1114 | −0.678% | $87K | $273K | 50x | as long as short |
| Variational Omni ALGO | −0.0086% | 8h | 0.1116 | −0.439% | $61K | $12K | — | as long as short |
| Deribit ALGO_USDC-PERPETUALshort | −0.0018% | 1h | 0.1120 | −0.062% | $101K | $49K | 25x | |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1121 | −0.040% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | −0.098% | $834 | $233K | 12x | as long as short |
| MEXC ALGO_USDT | +0.0098% | 8h | 0.1121 | −0.018% | $23.0M | $3.0M | 200x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1123 | +0.196% | $3.7M | $1.8M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1121 | −0.025% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1121 | −0.009% | $10.1M | $34.5M | 75x | as long as short |
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
MEXC ALGO_USDT
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1120 | −0.062% | $11.4M | $11.9M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1119 | −0.143% | $2.9M | $7.5M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1120 | −0.062% | $878K | $825K | 50x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1121 | +0.009% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1121 | −0.009% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1121 | −0.018% | — | $3.3M | — | as long as short |
| HTX ALGO-USDTlong | +0.0100% | 8h | 0.1121 | long leg | $62K | $141K | 75x | |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1123 | +0.169% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1121 | −0.049% | $4K | $228K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0218% | 8h | 0.1119 | −0.143% | $493K | $768K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0342% / S −0.0351% | 1h | 0.1121 | −0.041% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1318% | 1h | 0.1120 | −0.114% | $160K | $3K | 5x | as long as short |
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate 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