Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h +0.034%
Price spread now: HTX against Coinbase International+0.018%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$930.932% of the position
Funding, last 7 days+0.418%+$42 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.018%, 7d avg −0.006%
=The price spread pays, funding is against you. HTX is 0.024% dearer against Coinbase International than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.006%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.418%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ALGO-PERP-INTX | 0.1115 | 0.0168 | pay 0.0021% / 1h | 44m 13s | $87K | $283K | 50x |
| Short | HTX ALGO-USDT | 0.1115 | 0.0100 | get 0.0100% / 8h | 3h 44m | $60K | $135K | 75x |
Coinbase International ALGO-PERP-INTX
HTX ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Coinbase International. 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
- −$14.28
- Price spread: +0.018% → −0.006%
- $2.35
- Slippage, 4 orders
- −$71.16
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$105.08
- Costs to cover
- 0.932%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 9 min ago; HTX: live order book, 7 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 Coinbase International live order book, 9 min ago | 10.29 bp | 20.6 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 7 min ago | 0.90 bp | 37.8 bp −$38 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1116 | +0.083% | $16K | — | 150x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | 0.0000% | 1h | 0.1115 | +0.063% | $88K | $44K | 25x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.466% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1117 | +0.179% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1115 | +0.059% | $44K | $36K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.079% | $9.7M | $34.3M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1114 | −0.027% | $11.2M | $12.4M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1115 | +0.063% | $2.8M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1114 | −0.045% | $862K | $900K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1115 | +0.018% | $23.1M | $3.1M | 200x | as long as short |
gTrade (Gains Network) ALGO/USD
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1115 | +0.027% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1115 | +0.018% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1115 | 0.000% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1112 | −0.219% | $61K | $12K | — | as long as short |
| HTX ALGO-USDTshort | +0.0100% | 8h | 0.1115 | +0.018% | $60K | $135K | 75x | |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1118 | +0.287% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1115 | +0.042% | $7K | $234K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0131% | 1h | 0.1116 | +0.119% | $830K | $1.0M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTXlong | +0.0168% | 1h | 0.1115 | long leg | $87K | $283K | 50x | |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1113 | −0.152% | $481K | $872K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0319% / S −0.0264% | 1h | 0.1115 | +0.052% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1333% | 1h | 0.1116 | +0.080% | $161K | $4K | 5x | as long as short |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
Phemex ALGOUSDT
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD