Funding you earn now, next payment 00:00 UTC+0.0194%/8h= +21.2% APRpaid last 24h +0.056%
Price spread now: BloFin against Injective+0.679%7-day average +0.610% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.290%+$29 on $10k
+Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.679%, 7d avg +0.610%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.069% dearer against Injective than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.610%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ALGO/USDC PERP | 0.1120 | 0.0026 | pay 0.0003% / 1h | 50m 45s | $834 | $233K | 12x |
| Short | BloFin ALGO-USDT | 0.1128 | 0.0220 | get 0.0220% / 8h | 50m 45s | $489K | $797K | 75x |
Injective ALGO/USDC PERP
BloFin ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. 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
- $40.74
- Price spread: +0.679% → +0.610%
- $6.86
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $35.58
- Costs to cover
- 0.120%
- Break-even
- 0.9 days
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 26 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 26 min ago | 0.45 bp | 16.2 bp −$16 | 29.5 bp −$295 | doesn't fit | doesn't fit |
Injective: 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 | −0.0370% | 1h | 0.1128 | +0.696% | $102K | $50K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0157% | 1h | 0.1129 | +0.840% | $840K | $1.2M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0112% | 1h | 0.1121 | +0.054% | $62K | $332K | 50x | as long as short |
| Bybit ALGOUSDT | −0.0092% | 8h | 0.1128 | +0.741% | $11.3M | $12.3M | 75x | as long as short |
| Variational Omni ALGO | −0.0082% | 8h | 0.1125 | +0.411% | $65K | $10K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1128 | +0.749% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERPlong | +0.0026% | 1h | 0.1120 | long leg | $834 | $233K | 12x | |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1131 | +0.946% | $3.8M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1128 | +0.736% | $45K | $36K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1129 | +0.812% | $9.9M | $34.8M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
Bybit ALGOUSDT
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
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 | 0.1129 | +0.839% | $3.0M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1128 | +0.696% | $890K | $834K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1129 | +0.848% | $23.5M | $2.8M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1129 | +0.812% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1130 | +0.893% | $5.7M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1129 | +0.804% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1128 | +0.696% | $67K | $109K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1130 | +0.893% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1129 | +0.819% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDTshort | +0.0220% | 8h | 0.1128 | +0.679% | $489K | $797K | 75x | |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0261% / S −0.0195% | 1h | 0.1128 | +0.744% | $5K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1666% | 1h | 0.1130 | +0.855% | $162K | $3K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD