ALGO

Alert

Funding spread now, next payment 00:00 UTC+0.0390%/8h

next payment, per $10,000+$3.90paid, last 24h0.000%paid, last 7 days−0.002%to open and close $10k−$52

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ALGOUSDT	0.1118	−0.0290	get 0.0290% / 8h	7h 50m	$11.3M	$13.5M	75x
Short	Binance ALGOUSDT	0.1120	0.0100	get 0.0100% / 8h	7h 50m	$10.4M	$38.4M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersRate

Funding earned: $81.85
Slippage, 4 orders: −$31.04
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: $29.81
Break-even: 4.5 days

Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 8 min ago.

Price risk

price view

Price gap now: +0.142%
Avg gap 7d: +0.060%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Bybit live order book, 4 min ago	0.89 bp	14.0 bp −$14	44.3 bp −$443	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.89 bp	10.3 bp −$10	28.7 bp −$287	doesn't fit	doesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_ALGOUSD	−0.0506%	1h	$841K	$1.8M	50x	as long as short
Bybit ALGOUSDTlong	−0.0290%	8h	$11.3M	$13.5M	75x
Deribit ALGO_USDC-PERPETUAL	−0.0197%	1h	$101K	$56K	25x	as long as short
gTrade (Gains Network) ALGO/USD	L +0.0001% / S +0.0003%	1h	$7K	—	150x	as long as short
Injective ALGO/USDC PERP	+0.0033%	1h	$841	$115K	12x	as long as short
Coinbase International ALGO-PERP-INTX	+0.0064%	1h	$61K	$435K	50x	as long as short
Hyperliquid ALGO	+0.0100%	1h	$3.6M	$2.6M	5x	as long as short
Aster ALGOUSDT	+0.0100%	8h	$42K	$87K	5x	as long as short
Binance ALGOUSDTshort	+0.0100%	8h	$10.4M	$38.4M	75x
OKX ALGO-USDT-SWAP	+0.0100%	8h	$3.0M	$9.4M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate ALGO_USDT	+0.0100%	8h	$845K	$932K	50x	as long as short
MEXC ALGO_USDT	+0.0100%	8h	$22.2M	$3.4M	200x	as long as short
KuCoin ALGOUSDTM	+0.0100%	8h	$3.6M	$1.8M	50x	as long as short
Bitget ALGOUSDT	+0.0100%	8h	$5.6M	$4.2M	75x	as long as short
BingX ALGO-USDT	+0.0100%	8h	—	$3.2M	—	as long as short
Variational Omni ALGO	+0.0100%	8h	$65K	$195K	—	as long as short
HTX ALGO-USDT	+0.0100%	8h	$66K	$116K	75x	as long as short
Extended ALGO-USD	+0.0104%	1h	$6K	$207K	10x	as long as short
Phemex ALGOUSDT	+0.0171%	8h	$3.8M	$1.9M	50x	as long as short
BloFin ALGO-USDT	+0.0220%	8h	$513K	$772K	75x	as long as short
GMX ALGO/USD [WBTC.b-USDC]	L +0.0237% / S −0.0167%	1h	$4K	—	100x	as long as short
dYdX ALGO-USD	+0.0428%	1h	$160K	$6K	5x	as long as short