Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX−0.072%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.072%, 7d avg +0.029%
=Together, before fees+0.073%+ Points / potential airdropExtended: Active · farm board+$7 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 0.101% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ALGO-USDT-SWAP | 0.1099 | 0.0100 | pay 0.0100% / 8h | 2h 16m | $2.7M | $7.8M | 50x |
| Short | Extended ALGO-USD | 0.1098 | 0.0104 | get 0.0013% / 1h | 16m 47s | $7K | $196K | 10x |
OKX ALGO-USDT-SWAP
Extended ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.072% → +0.029%
- −$10.08
- Slippage, 4 orders
- −$44.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$68.46
- Costs to cover
- 0.592%
- Break-even
- 577.5 days
Slippage from OKX: live order book, 1 min ago; Extended: live order book, 29 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, 1 min ago | 2.27 bp | 16.6 bp −$17 | 73.6 bp −$736 | doesn't fit | doesn't fit |
| Sell Extended live order book, 29 min ago | 0.87 bp | 12.9 bp −$13 | 97.8 bp −$978 | 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 | −0.0296% | 1h | 0.1099 | +0.036% | $87K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1100 | +0.146% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.957% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1100 | +0.109% | $3.4M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1099 | +0.010% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1099 | 0.000% | $9.4M | $34.5M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1098 | −0.027% | $11.0M | $12.6M | 75x | as long as short |
| OKX ALGO-USDT-SWAPlong | +0.0100% | 8h | 0.1099 | long leg | $2.7M | $7.8M | 50x | |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1097 | −0.118% | $831K | $932K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1098 | −0.055% | $22.8M | $3.2M | 200x | 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
Gate ALGO_USDT
MEXC ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1098 | −0.036% | $3.4M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1100 | +0.137% | $5.4M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1099 | +0.009% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1094 | −0.377% | $60K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1099 | +0.055% | $59K | $135K | 75x | as long as short |
| Extended ALGO-USDshort | +0.0104% | 1h | 0.1098 | −0.072% | $7K | $196K | 10x | |
| Kraken Futures PF_ALGOUSD | +0.0113% | 1h | 0.1099 | +0.032% | $817K | $1.1M | 50x | as long as short |
| Phemex ALGOUSDT | +0.0131% | 8h | 0.1101 | +0.228% | $3.7M | $1.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1102 | +0.346% | $62K | $247K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1100 | +0.173% | $469K | $872K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0317% / S −0.0264% | 1h | 0.1100 | +0.129% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1407% | 1h | 0.1101 | +0.229% | $159K | $5K | 5x | as long as short |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Kraken Futures PF_ALGOUSD
Phemex ALGOUSDT
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD