ALGO

Alert

Funding spread now, next payment 19:00 UTC−0.4767%/8h

paid, last 24h−0.476%paid, last 5 days−1.318%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid -1.318% in total (about -94.1% a year). A funding rate is set anew for every payment. 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	dYdX ALGO-USD	0.1109	0.4867	pay 0.0608% / 1h	15m 36s	$159K	$6K	5x
Short	Aster ALGOUSDT	0.1109	0.0100	get 0.0100% / 8h	5h 15m	$44K	$73K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee AsterbpOrdersRate

Funding earned: −$1,001.01
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$1,019.01
Break-even: never at this rate

Slippage unknown: dYdX: live order book, 20 min ago; Aster: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.023%
Avg gap 7d: —

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 dYdX live order book, 20 min ago	0.89 bp	5.9 bp −$6	5.9 bp −$59	7.3 bp −$728	74.6 bp −$37.3K
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ALGO on 22 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_ALGOUSD	−0.0374%	1h	$815K	$1.3M	50x	as long as short
Bybit ALGOUSDT	−0.0142%	8h	$11.2M	$12.7M	75x	as long as short
Deribit ALGO_USDC-PERPETUAL	−0.0111%	1h	$100K	$54K	25x	as long as short
Variational Omni ALGO	−0.0002%	8h	$64K	$13K	—	as long as short
gTrade (Gains Network) ALGO/USD	L +0.0001% / S +0.0003%	1h	$7K	—	150x	as long as short
Coinbase International ALGO-PERP-INTX	+0.0032%	1h	$62K	$359K	50x	as long as short
Injective ALGO/USDC PERP	+0.0033%	1h	$841	$81K	12x	as long as short
Hyperliquid ALGO	+0.0100%	1h	$3.6M	$2.1M	5x	as long as short
Aster ALGOUSDTshort	+0.0100%	8h	$44K	$73K	5x
Binance ALGOUSDT	+0.0100%	8h	$9.9M	$35.9M	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	$8.2M	50x	as long as short
Gate ALGO_USDT	+0.0100%	8h	$837K	$818K	50x	as long as short
MEXC ALGO_USDT	+0.0100%	8h	$22.2M	$3.1M	200x	as long as short
KuCoin ALGOUSDTM	+0.0100%	8h	$3.6M	$1.6M	50x	as long as short
Bitget ALGOUSDT	+0.0100%	8h	$5.6M	$3.8M	75x	as long as short
BingX ALGO-USDT	+0.0100%	8h	—	$3.1M	—	as long as short
HTX ALGO-USDT	+0.0100%	8h	$67K	$111K	75x	as long as short
Phemex ALGOUSDT	+0.0100%	8h	$3.8M	$1.8M	50x	as long as short
Extended ALGO-USD	+0.0104%	1h	$7K	$210K	10x	as long as short
GMX ALGO/USD [WBTC.b-USDC]	L +0.0154% / S −0.0077%	1h	$5K	—	100x	as long as short
BloFin ALGO-USDT	+0.0220%	8h	$489K	$800K	75x	as long as short
dYdX ALGO-USDlong	+0.4867%	1h	$159K	$6K	5x