Settings8H · net · $10k
Funding arb · Price arb /

ALGO

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Extended against gTrade (Gains Network)−0.190%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.190% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.190% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 6.0 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ALGO/USD0.1102L −0.0001% / S +0.0003%get 0.0000% / 1h43m 56s$16K150x
ShortExtended ALGO-USD0.11000.0104get 0.0013% / 1h43m 56s$4K$198K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$22.03
Price spread: −0.190% → 0.000%
−$19.01
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$11.97
Costs to cover
0.150%
Break-even
10.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Extended live order book, 62 min ago0.87 bp12.9 bp −$1397.8 bp −$978doesn't fitdoesn't fit
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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0275%1h0.1101−0.093%$818K$1.1M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0113%1h0.1100−0.121%$87K$45K25xas long as short
gTrade (Gains Network) ALGO/USDlongL −0.0001% / S +0.0003%1h0.1102long leg$16K150x
Injective ALGO/USDC PERP+0.0033%1h0.1120+1.658%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1101−0.057%$3.3M$2.3M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1099−0.215%$44K$36K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1100−0.166%$9.3M$34.6M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1098−0.302%$10.9M$12.7M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1099−0.211%$2.7M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1100−0.175%$831K$943K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1100−0.193%$23.0M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1100−0.157%$3.4M$1.4M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1099−0.248%$5.4M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1101−0.103%$3.4Mas long as short
Variational Omni ALGO+0.0100%8h0.1096−0.483%$60K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1102−0.012%$59K$135K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1102+0.025%$3.7M$1.8M50xas long as short
Extended ALGO-USDshort+0.0104%1h0.1100−0.190%$4K$198K10x
Coinbase International ALGO-PERP-INTX+0.0136%1h0.1106+0.397%$62K$248K50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1099−0.293%$469K$866K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0318% / S −0.0264%1h0.1101−0.042%$6K100xas long as short
dYdX ALGO-USD+0.0842%1h0.1101−0.043%$159K$5K5xas long as short