Funding spread now, next payment 16:00 UTC+0.0036%/8h
paid, last 24h+0.043%paid, last 5 days+0.309%to open and close $10k−$53
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ALGO-PERP-INTX | 0.1121 | 0.0064 | pay 0.0008% / 1h | 0m 13s | $61K | $398K | 50x |
| Short | BingX ALGO-USDT | 0.1119 | 0.0100 | get 0.0100% / 8h | 7h 00m | — | $3.1M | — |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $7.56
- Slippage, 4 orders
- −$33.46
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$45.9
- Break-even
- 49.5 days
Slippage from Coinbase International: live order book, 44 min ago; BingX: live order book, 11 min ago.
Price risk
price view- Price gap now
- −0.116%
- Avg gap 7d
- +0.021%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 44 min ago | 5.78 bp | 14.3 bp −$14 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 3.57 bp | 15.6 bp −$16 | 30.9 bp −$309 | 174.6 bp −$17.5K | 743.8 bp −$371.9K |
ALGO on 22 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0505% | 1h | $841K | $1.7M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0286% | 1h | $101K | $55K | 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 |
| Bybit ALGOUSDT | +0.0051% | 8h | $11.4M | $13.0M | 75x | as long as short |
| Coinbase International ALGO-PERP-INTXlong | +0.0064% | 1h | $61K | $398K | 50x | |
| Variational Omni ALGO | +0.0099% | 8h | $65K | $104K | — | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | $3.6M | $2.2M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | $44K | $74K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | $10.4M | $36.6M | 75x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | $3.0M | $8.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | $844K | $943K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | $22.2M | $3.5M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | $5.6M | $3.9M | 75x | as long as short |
| BingX ALGO-USDTshort | +0.0100% | 8h | — | $3.1M | — | |
| HTX ALGO-USDT | +0.0100% | 8h | $66K | $108K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | $3.9M | $1.9M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0156% / S −0.0080% | 1h | $5K | — | 100x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | $508K | $779K | 75x | as long as short |
| dYdX ALGO-USD | +0.1153% | 1h | $161K | $6K | 5x | as long as short |
Coinbase International ALGO-PERP-INTX
BingX ALGO-USDT
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Bybit ALGOUSDT
Variational Omni ALGO
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
GMX ALGO/USD [WBTC.b-USDC]
BloFin ALGO-USDT