Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended+0.173%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1171.167% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.263%−$26 · spread now +0.173%, 7d avg −0.022%
=Together, before fees−0.204%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.195% dearer against Extended than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ALGO-USD | 0.1098 | 0.0104 | pay 0.0013% / 1h | 52m 00s | $4K | $179K | 10x |
| Short | Gate ALGO_USDT | 0.1100 | 0.0100 | get 0.0100% / 8h | 5h 52m | $829K | $880K | 50x |
Extended ALGO-USD
Gate ALGO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$0.84
- Price spread: +0.173% → −0.022%
- $19.5
- Slippage, 4 orders
- −$96.67
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$98.01
- Costs to cover
- 1.167%
- Break-even
- never at this rate
Slippage from Extended: live order book, 56 min ago; Gate: live order book, 58 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, 56 min ago | 1.59 bp | 14.0 bp −$14 | 131.0 bp −$1,310 | doesn't fit | doesn't fit |
| Sell Gate live order book, 58 min ago | 8.17 bp | 42.7 bp −$43 | 446.6 bp −$4,466 | doesn't fit | doesn't fit |
ALGO on 22 exchanges
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 | −0.0660% | 1h | 0.1098 | +0.027% | $87K | $42K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0313% | 1h | 0.1099 | +0.076% | $808K | $1.1M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0298% | 8h | 0.1097 | −0.064% | $10.6M | $13.3M | 75x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1102 | +0.324% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.994% | $834 | $233K | 12x | as long as short |
| Variational Omni ALGO | +0.0037% | 8h | 0.1101 | +0.256% | $59K | $13K | — | as long as short |
| OKX ALGO-USDT-SWAP | +0.0039% | 8h | 0.1098 | +0.009% | $2.6M | $7.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0088% | 1h | 0.1105 | +0.665% | $63K | $176K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1100 | +0.164% | $3.4M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1100 | +0.212% | $44K | $37K | 5x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Variational Omni ALGO
OKX ALGO-USDT-SWAP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ALGOUSDT | +0.0100% | 8h | 0.1098 | +0.027% | $9.2M | $33.8M | 75x | as long as short |
| Gate ALGO_USDTshort | +0.0100% | 8h | 0.1100 | +0.173% | $829K | $880K | 50x | |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1099 | +0.036% | $23.5M | $3.2M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1099 | +0.073% | $3.4M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1100 | +0.173% | $5.4M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1099 | +0.091% | — | $3.4M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1098 | −0.037% | $57K | $129K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1101 | +0.264% | $3.7M | $1.7M | 50x | as long as short |
| Extended ALGO-USDlong | +0.0104% | 1h | 0.1098 | long leg | $4K | $179K | 10x | |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1101 | +0.255% | $471K | $810K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0321% / S −0.0273% | 1h | 0.1099 | +0.105% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1153% | 1h | 0.1100 | +0.169% | $159K | $5K | 5x | as long as short |
Binance ALGOUSDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD