Settings8H · net · $10k
Funding arb · Price arb /

ALGO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin+0.041%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1681.682% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.041%, 7d avg −0.053%
Together, before fees−0.064%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.093% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ALGOUSDTM0.11120.0100pay 0.0100% / 8h22m 37s$3.5M$1.4M50x
ShortExtended ALGO-USD0.11120.0104get 0.0013% / 1h22m 37s$5K$193K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: +0.041% → −0.053%
$9.31
Slippage, 4 orders
−$151.2
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$158.05
Costs to cover
1.682%
Break-even
1324.1 days
Slippage from KuCoin: live order book, 5 min ago; Extended: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago7.20 bp49.5 bp −$50224.9 bp −$2,249doesn't fitdoesn't fit
Sell Extended live order book, 13 min ago1.98 bp14.9 bp −$15109.5 bp −$1,095doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0265%1h0.1112+0.047%$828K$1.1M50xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1112+0.011%$16K150xas long as short
Deribit ALGO_USDC-PERPETUAL0.0000%1h0.11120.000%$88K$46K25xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.756%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1113+0.135%$3.4M$2.3M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1113+0.104%$44K$37K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1112+0.059%$9.5M$34.4M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1111−0.036%$11.2M$12.9M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1111−0.027%$2.7M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1111−0.054%$838K$954K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1112+0.063%$23.4M$3.2M200xas long as short
KuCoin ALGOUSDTMlong+0.0100%8h0.1112long leg$3.5M$1.4M50x
Bitget ALGOUSDT+0.0100%8h0.1112+0.036%$5.5M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1112+0.018%$3.4Mas long as short
Variational Omni ALGO+0.0100%8h0.1109−0.239%$61K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.11120.000%$58K$137K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1114+0.216%$3.8M$1.8M50xas long as short
Extended ALGO-USDshort+0.0104%1h0.1112+0.041%$5K$193K10x
Coinbase International ALGO-PERP-INTX+0.0144%1h0.1115+0.297%$63K$193K50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1110−0.171%$479K$841K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0319% / S −0.0264%1h0.1112+0.048%$6K100xas long as short
dYdX ALGO-USD+0.1000%1h0.1113+0.084%$160K$5K5xas long as short