Funding you earn now, next payment 06:00 UTC−0.1409%/8h= −154.2% APRpaid last 24h −0.500%
Price spread now: BloFin against dYdX−0.151%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$368as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2332.329% of the position
Funding, last 7 days−1.353%−$135 on $10k
+Price spread, last 4 days (all we have)+0.250%+$25 · spread now −0.151%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and BloFin is 0.103% cheaper against dYdX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ALGO-USD | 0.1102 | 0.1629 | pay 0.0204% / 1h | 47m 15s | $159K | $4K | 5x |
| Short | BloFin ALGO-USDT | 0.1100 | 0.0220 | get 0.0220% / 8h | 2h 47m | $472K | $865K | 75x |
dYdX ALGO-USD
BloFin ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against dYdX. 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
- −$295.8
- Price spread: −0.151% → −0.048%
- −$10.28
- Slippage, 4 orders
- −$210.87
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$538.95
- Costs to cover
- 2.329%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 2 min ago; BloFin: live order book, 45 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 dYdX live order book, 2 min ago | 92.80 bp | 97.8 bp −$98 | 97.8 bp −$978 | 106.5 bp −$10.6K | 912.9 bp −$456.4K |
| Sell BloFin live order book, 45 min ago | 0.45 bp | 15.2 bp −$15 | 34.3 bp −$343 | 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 | −0.1204% | 1h | 0.1099 | −0.260% | $87K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1100 | −0.204% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.637% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1101 | −0.097% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1100 | −0.135% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1099 | −0.251% | $9.5M | $34.7M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1098 | −0.351% | $11.0M | $12.6M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1100 | −0.223% | $2.7M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1099 | −0.251% | $847K | $916K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1099 | −0.242% | $22.8M | $3.1M | 200x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
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 | 0.1099 | −0.269% | $3.4M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1100 | −0.178% | $5.5M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1099 | −0.287% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1100 | −0.205% | $60K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1102 | +0.022% | $59K | $135K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1099 | −0.230% | $4K | $195K | 10x | as long as short |
| Phemex ALGOUSDT | +0.0109% | 8h | 0.1102 | +0.003% | $3.7M | $1.8M | 50x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0112% | 1h | 0.1100 | −0.173% | $830K | $1.1M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1106 | +0.366% | $63K | $287K | 50x | as long as short |
| BloFin ALGO-USDTshort | +0.0220% | 8h | 0.1100 | −0.151% | $472K | $865K | 75x | |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0317% / S −0.0264% | 1h | 0.1100 | −0.223% | $6K | — | 100x | as long as short |
| dYdX ALGO-USDlong | +0.1629% | 1h | 0.1102 | long leg | $159K | $4K | 5x |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Extended ALGO-USD
Phemex ALGOUSDT
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
GMX ALGO/USD [WBTC.b-USDC]