Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.036%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$600.600% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.036%, 7d avg −0.002%
=Together, before fees−0.063%+ 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 0.034% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALGO-USDT | 0.1127 | 0.0100 | pay 0.0100% / 8h | 5h 07m | — | $3.3M | — |
| Short | Extended ALGO-USD | 0.1127 | 0.0104 | get 0.0013% / 1h | 7m 14s | $4K | $227K | 10x |
BingX ALGO-USDT
Extended ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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: −0.036% → −0.002%
- −$3.37
- Slippage, 4 orders
- −$44.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$62.49
- Costs to cover
- 0.600%
- Break-even
- 527.7 days
Slippage from BingX: live order book, 8 min ago; Extended: live order book, 55 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 BingX live order book, 8 min ago | 6.20 bp | 17.6 bp −$18 | 35.2 bp −$352 | 327.8 bp −$32.8K | 761.9 bp −$380.9K |
| Sell Extended live order book, 55 min ago | 0.76 bp | 12.9 bp −$13 | 116.5 bp −$1,165 | 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 | −0.0193% | 1h | 0.1127 | +0.018% | $90K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1128 | +0.072% | $17K | — | 150x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0032% | 1h | 0.1131 | +0.390% | $70K | $275K | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | −0.621% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1129 | +0.177% | $3.8M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1128 | +0.059% | $45K | $40K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1127 | −0.033% | $9.9M | $34.6M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1127 | −0.035% | $11.7M | $12.4M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1126 | −0.080% | $2.9M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1127 | −0.027% | $873K | $902K | 50x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Coinbase International ALGO-PERP-INTX
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 | 0.1127 | +0.009% | $23.0M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1127 | +0.035% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1128 | +0.089% | $5.6M | $3.6M | 75x | as long as short |
| BingX ALGO-USDTlong | +0.0100% | 8h | 0.1127 | long leg | — | $3.3M | — | |
| Variational Omni ALGO | +0.0100% | 8h | 0.1128 | +0.065% | $62K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1129 | +0.213% | $60K | $140K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1130 | +0.266% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USDshort | +0.0104% | 1h | 0.1127 | −0.036% | $4K | $227K | 10x | |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1129 | +0.213% | $493K | $924K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0344% / S −0.0313% | 1h | 0.1128 | +0.050% | $7K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0350% | 1h | 0.1127 | +0.009% | $834K | $1.0M | 50x | as long as short |
| dYdX ALGO-USD | +0.1905% | 1h | 0.1129 | +0.136% | $163K | $4K | 5x | as long as short |
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
Variational Omni ALGO
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD
dYdX ALGO-USD