Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX−0.116%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$730.735% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 7 days+0.045%+$4 · spread now −0.116%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.134% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ALGO-USDT-SWAP | 0.1118 | 0.0100 | pay 0.0100% / 8h | 6h 28m | $2.9M | $7.7M | 50x |
| Short | Bitget ALGOUSDT | 0.1117 | 0.0100 | get 0.0100% / 8h | 6h 28m | $5.6M | $3.6M | 75x |
OKX ALGO-USDT-SWAP
Bitget ALGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $0
- Price spread: −0.116% → +0.018%
- −$13.43
- Slippage, 4 orders
- −$51.45
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$86.88
- Costs to cover
- 0.735%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 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 OKX live order book, 4 min ago | 1.35 bp | 19.2 bp −$19 | 44.5 bp −$445 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.49 bp | 21.9 bp −$22 | 59.5 bp −$595 | doesn't fit | doesn't fit |
ALGO on 21 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 | −0.0287% | 1h | 0.1116 | −0.188% | $101K | $49K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0064% | 1h | 0.1117 | −0.089% | $71K | $289K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1117 | −0.123% | $6K | — | 150x | as long as short |
| Variational Omni ALGO | +0.0004% | 8h | 0.1116 | −0.217% | $61K | $12K | — | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.152% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1119 | +0.072% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1118 | −0.018% | $44K | $39K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1118 | −0.027% | $9.9M | $34.9M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1118 | +0.009% | $11.5M | $12.4M | 75x | as long as short |
| OKX ALGO-USDT-SWAPlong | +0.0100% | 8h | 0.1118 | long leg | $2.9M | $7.7M | 50x |
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Variational Omni ALGO
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ALGO_USDT | +0.0100% | 8h | 0.1115 | −0.268% | $872K | $857K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1118 | −0.009% | $22.9M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1118 | −0.018% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDTshort | +0.0100% | 8h | 0.1117 | −0.116% | $5.6M | $3.6M | 75x | |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1118 | −0.072% | — | $3.4M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1118 | −0.054% | $61K | $143K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1118 | −0.027% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1117 | −0.152% | $8K | $224K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0262% | 1h | 0.1116 | −0.229% | $828K | $1.1M | 50x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0343% / S −0.0313% | 1h | 0.1116 | −0.178% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1430% | 1h | 0.1118 | −0.053% | $161K | $4K | 5x | as long as short |
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD