data as of
Settings8H · net · $10k
Funding arb /

ALGO

all ALGO markets
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Funding spread now, next payment 18:00 UTC−0.1778%/8h
next payment, per $10,000$2.22paid, last 24h−0.464%paid, last 3 days−1.422%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ALGO-USD0.11140.1775pay 0.0222% / 1h43m 33s$160K$6K5x
ShortgTrade (Gains Network) ALGO/USD0.1114L +0.0001% / S +0.0003%pay 0.0000% / 1h43m 33s$7K150x

Funding history

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Funding on every exchange

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latest

Profit calculator

Funding earned
−$373.37
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$393.37
Break-even
never at this rate
Slippage unknown: dYdX: live order book, 61 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.028%
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 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 61 min ago66.00 bp71.0 bp −$7171.0 bp −$710112.1 bp −$11.2K1071.4 bp −$535.7K
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.0289%1h$101K$55K25xas long as short
Kraken Futures PF_ALGOUSD−0.0193%1h$824K$1.6M50xas long as short
Bybit ALGOUSDT−0.0016%8h$11.4M$12.8M75xas long as short
gTrade (Gains Network) ALGO/USDshortL +0.0001% / S +0.0003%1h$7K150x
Injective ALGO/USDC PERP+0.0033%1h$841$115K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0048%1h$61K$397K50xas long as short
Variational Omni ALGO+0.0095%8h$64K$103Kas long as short
Hyperliquid ALGO+0.0100%1h$3.6M$2.2M5xas long as short
Aster ALGOUSDT+0.0100%8h$44K$74K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.3M$36.4M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$8.6M50xas long as short
Gate ALGO_USDT+0.0100%8h$839K$902K50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.1M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.5M$1.7M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.6M$3.9M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.1Mas long as short
HTX ALGO-USDT+0.0100%8h$66K$108K75xas long as short
Phemex ALGOUSDT+0.0100%8h$3.8M$1.9M50xas long as short
Extended ALGO-USD+0.0104%1h$6K$207K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0156% / S −0.0080%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$509K$767K75xas long as short
dYdX ALGO-USDlong+0.1775%1h$160K$6K5x