Funding you earn now, next payment 01:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.035%
Price spread now: Extended against BloFin−0.124%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days−0.296%−$30 on $10k
+Price spread, last 3 days (all we have)+0.013%+$1 · spread now −0.124%, 7d avg −0.010%
=Together, before fees−0.282%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.114% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALGO-USDT | 0.1106 | 0.0220 | pay 0.0220% / 8h | 7h 01m | $492K | $762K | 75x |
| Short | Extended ALGO-USD | 0.1105 | 0.0104 | get 0.0013% / 1h | 1m 09s | $8K | $233K | 10x |
BloFin ALGO-USDT
Extended ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- −$24.36
- Price spread: −0.124% → −0.010%
- −$11.38
- Slippage, 4 orders
- −$34.19
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$86.93
- Costs to cover
- 0.512%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Extended: live order book, 6 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 BloFin live order book, 6 min ago | 1.35 bp | 14.4 bp −$14 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 1.30 bp | 13.0 bp −$13 | 128.4 bp −$1,284 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0573% | 1h | 0.1105 | −0.068% | $821K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0383% | 1h | 0.1105 | −0.081% | $100K | $49K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1114 | +0.705% | $87K | $273K | 50x | as long as short |
| Variational Omni ALGO | −0.0053% | 8h | 0.1105 | −0.121% | $60K | $12K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1106 | +0.022% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.266% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1106 | +0.018% | $3.6M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1106 | +0.027% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.108% | $9.8M | $34.7M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.136% | $11.2M | $12.0M | 75x | as long as short |
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1104 | −0.163% | $2.9M | $7.5M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1106 | 0.000% | $868K | $831K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1105 | −0.099% | $22.6M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1106 | −0.009% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1106 | 0.000% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1105 | −0.054% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1109 | +0.226% | $60K | $142K | 75x | as long as short |
| Extended ALGO-USDshort | +0.0104% | 1h | 0.1105 | −0.124% | $8K | $233K | 10x | |
| Phemex ALGOUSDT | +0.0158% | 8h | 0.1109 | +0.271% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDTlong | +0.0220% | 8h | 0.1106 | long leg | $492K | $762K | 75x | |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0313% | 1h | 0.1106 | +0.012% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1509% | 1h | 0.1107 | +0.087% | $159K | $3K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD