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: OKX against Binance−0.022%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$600.603% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now −0.022%, 7d avg −0.039%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALGOUSDT | 0.1106 | 0.0100 | pay 0.0100% / 8h | 4h 38m | $9.7M | $34.7M | 75x |
| Short | OKX ALGO-USDT-SWAP | 0.1106 | 0.0100 | get 0.0100% / 8h | 4h 38m | $2.8M | $7.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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: −0.022% → −0.039%
- $1.64
- Slippage, 4 orders
- −$40.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.68
- Costs to cover
- 0.603%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; OKX: live order book, 5 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 Binance live order book, 3 min ago | 0.90 bp | 13.9 bp −$14 | 36.6 bp −$366 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.80 bp | 17.2 bp −$17 | 67.4 bp −$674 | 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 | −0.0112% | 1h | 0.1106 | −0.013% | $88K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1106 | +0.023% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.271% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0080% | 1h | 0.1116 | +0.945% | $88K | $291K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1107 | +0.122% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.049% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDTlong | +0.0100% | 8h | 0.1106 | long leg | $9.7M | $34.7M | 75x | |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.122% | $11.3M | $12.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAPshort | +0.0100% | 8h | 0.1106 | −0.022% | $2.8M | $7.7M | 50x | |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1106 | +0.005% | $857K | $886K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1106 | +0.032% | $23.0M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1107 | +0.086% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.086% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1105 | −0.059% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1109 | +0.244% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1109 | +0.231% | $59K | $140K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1109 | +0.276% | $3.7M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1105 | −0.074% | $4K | $227K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1105 | −0.086% | $481K | $875K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0342% / S −0.0313% | 1h | 0.1106 | +0.046% | $7K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0379% | 1h | 0.1106 | +0.014% | $816K | $1.0M | 50x | as long as short |
| dYdX ALGO-USD | +0.1386% | 1h | 0.1105 | −0.104% | $159K | $4K | 5x | as long as short |
Binance ALGOUSDT
OKX ALGO-USDT-SWAP
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDT
Bybit ALGOUSDT
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD