Funding you earn now, next payment 19:00 UTC+0.0092%/8hpaid last 24h +0.038%
Price spread now: KuCoin against Coinbase International+0.505%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$1241.240% of the position
Funding, last 7 days+0.241%+$24 on $10k
+Price spread, last 3 days (all we have)−0.408%−$41 · spread now +0.505%, 7d avg +0.071%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.434% dearer against Coinbase International than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ALGO-PERP-INTX | 0.1109 | 0.0008 | pay 0.0001% / 1h | 23m 06s | $62K | $354K | 50x |
| Short | KuCoin ALGOUSDTM | 0.1114 | 0.0100 | get 0.0100% / 8h | 4h 23m | $3.6M | $1.6M | 50x |
Coinbase International ALGO-PERP-INTX
KuCoin ALGOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $19.32
- Price spread: +0.505% → +0.071%
- $43.42
- Slippage, 4 orders
- −$101.98
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$61.24
- Costs to cover
- 1.240%
- Break-even
- 29.2 days
Slippage from Coinbase International: live order book, 9 min ago; KuCoin: live order book, 8 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 | 4.05 bp | 14.4 bp −$14 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 4.50 bp | 46.0 bp −$46 | 210.6 bp −$2,106 | 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 | −0.0198% | 1h | 0.1115 | +0.550% | $101K | $54K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0156% | 1h | 0.1115 | +0.575% | $825K | $1.3M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0067% | 8h | 0.1113 | +0.397% | $11.3M | $12.4M | 75x | as long as short |
| Variational Omni ALGO | −0.0002% | 8h | 0.1108 | −0.055% | $64K | $11K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1115 | +0.572% | $7K | — | 150x | as long as short |
| Coinbase International ALGO-PERP-INTXlong | +0.0008% | 1h | 0.1109 | long leg | $62K | $354K | 50x | |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1129 | +1.840% | $841 | $81K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1117 | +0.731% | $3.7M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1114 | +0.485% | $44K | $34K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1114 | +0.482% | $10.0M | $35.2M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance 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 | 0.1114 | +0.442% | $3.0M | $7.9M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1113 | +0.370% | $841K | $801K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1114 | +0.505% | $22.4M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTMshort | +0.0100% | 8h | 0.1114 | +0.505% | $3.6M | $1.6M | 50x | |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1114 | +0.487% | $5.6M | $3.7M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1113 | +0.433% | — | $3.1M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1113 | +0.406% | $66K | $111K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1114 | +0.449% | $7K | $210K | 10x | as long as short |
| Phemex ALGOUSDT | +0.0135% | 8h | 0.1116 | +0.668% | $3.8M | $1.8M | 50x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0152% / S −0.0076% | 1h | 0.1115 | +0.593% | $5K | — | 100x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1114 | +0.469% | $490K | $805K | 75x | as long as short |
| dYdX ALGO-USD | +0.5086% | 1h | 0.1115 | +0.555% | $160K | $6K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Extended ALGO-USD
Phemex ALGOUSDT
GMX ALGO/USD [WBTC.b-USDC]
BloFin ALGO-USDT
dYdX ALGO-USD