Funding you earn now, next payment 09:00 UTC+0.0125%/8h= +13.7% APRpaid last 24h +0.069%
Price spread now: HTX against Kraken Futures+0.023%7-day average −0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1081.079% of the position
Funding, last 7 days+0.382%+$38 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.023%, 7d avg −0.106%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and HTX is 0.129% dearer against Kraken Futures than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALGOUSD | 0.1116 | −0.0025 | get 0.0003% / 1h | 43m 07s | $829K | $1.1M | 50x |
| Short | HTX ALGO-USDT | 0.1116 | 0.0100 | get 0.0100% / 8h | 7h 43m | $58K | $137K | 75x |
Kraken Futures PF_ALGOUSD
HTX ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kraken Futures. 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
- $26.21
- Price spread: +0.023% → −0.106%
- $12.87
- Slippage, 4 orders
- −$85.92
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$68.84
- Costs to cover
- 1.079%
- Break-even
- 25.4 days
Slippage from Kraken Futures: live order book, just now; HTX: live order book, 53 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 Kraken Futures live order book, just now | 5.38 bp | 22.4 bp −$22 | 49.5 bp −$495 | doesn't fit | doesn't fit |
| Sell HTX live order book, 53 min ago | 9.00 bp | 21.6 bp −$22 | doesn't fit | 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 | −0.0108% | 1h | 0.1116 | +0.005% | $88K | $46K | 25x | as long as short |
| Kraken Futures PF_ALGOUSDlong | −0.0025% | 1h | 0.1116 | long leg | $829K | $1.1M | 50x | |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1117 | +0.089% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.381% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1116 | +0.014% | $3.4M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.032% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1115 | −0.094% | $9.5M | $34.6M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1114 | −0.139% | $11.2M | $13.0M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1115 | −0.103% | $2.7M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1116 | +0.032% | $840K | $918K | 50x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1114 | −0.121% | $23.5M | $3.2M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1116 | +0.032% | $3.4M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1114 | −0.157% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1115 | −0.103% | — | $3.4M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1114 | −0.137% | $61K | $12K | — | as long as short |
| HTX ALGO-USDTshort | +0.0100% | 8h | 0.1116 | +0.023% | $58K | $137K | 75x | |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1117 | +0.112% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1116 | +0.024% | $7K | $198K | 10x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1119 | +0.327% | $63K | $195K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1115 | −0.049% | $477K | $836K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0323% / S −0.0272% | 1h | 0.1117 | +0.081% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1055% | 1h | 0.1116 | +0.033% | $161K | $5K | 5x | as long as short |
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
Phemex ALGOUSDT
Extended ALGO-USD
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD