Funding you earn now, next payment 21:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.035%
Price spread now: BloFin against Extended−0.115%74s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$510.514% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 3 days (all we have)+0.411%+$41 · spread now −0.115%, 7d avg +0.013%
=Together, before fees+0.698%+ Points / potential airdropExtended: Active · farm board+$70 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.129% cheaper against Extended than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of +0.013%). If the spread goes back, that is −$13 on $10k: about 3.7 days of funding at the current rate (+$3 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ALGO-USD | 0.1122 | 0.0104 | pay 0.0013% / 1h | 31m 50s | $7K | $210K | 10x |
| Short | BloFin ALGO-USDT | 0.1121 | 0.0220 | get 0.0220% / 8h | 3h 31m | $482K | $800K | 75x |
Extended ALGO-USD
BloFin ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- $24.36
- Price spread: −0.115% → +0.013%
- −$12.87
- Slippage, 4 orders
- −$34.35
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$39.86
- Costs to cover
- 0.514%
- Break-even
- 18.5 days
Slippage from Extended: live order book, 15 min ago; BloFin: live order book, 15 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 Extended live order book, 15 min ago | 1.35 bp | 14.3 bp −$14 | 94.8 bp −$948 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 1.80 bp | 10.3 bp −$10 | 17.8 bp −$178 | 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 | −0.0373% | 1h | 0.1123 | +0.018% | $102K | $52K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0140% | 1h | 0.1123 | +0.080% | $832K | $1.2M | 50x | as long as short |
| Injective ALGO/USDC PERP | −0.0126% | 1h | 0.1114 | −0.739% | $829 | $89K | 12x | as long as short |
| Bybit ALGOUSDT | −0.0071% | 8h | 0.1121 | −0.089% | $11.4M | $12.3M | 75x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0064% | 1h | 0.1124 | +0.125% | $62K | $345K | 50x | as long as short |
| Variational Omni ALGO | −0.0019% | 8h | 0.1119 | −0.279% | $65K | $11K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1123 | +0.024% | $7K | — | 150x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1125 | +0.205% | $3.7M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1123 | +0.023% | $44K | $34K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1122 | +0.008% | $9.9M | $35.1M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Injective ALGO/USDC PERP
Bybit ALGOUSDT
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
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 | 0.1121 | −0.080% | $3.0M | $7.9M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1123 | +0.063% | $860K | $799K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1122 | 0.000% | $22.7M | $2.9M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1123 | +0.036% | $3.6M | $1.6M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1123 | +0.063% | $5.7M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1122 | −0.017% | — | $3.2M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1121 | −0.098% | $66K | $109K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1124 | +0.152% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USDlong | +0.0104% | 1h | 0.1122 | long leg | $7K | $210K | 10x | |
| BloFin ALGO-USDTshort | +0.0220% | 8h | 0.1121 | −0.115% | $482K | $800K | 75x | |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0237% / S −0.0158% | 1h | 0.1122 | −0.001% | $5K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1757% | 1h | 0.1124 | +0.111% | $161K | $5K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD