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

ALGO

all ALGO markets
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Funding spread now, next payment 18:00 UTC+0.0099%/8h
paid, last 24h+0.030%paid, last 3 days+0.140%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ALGO/USD0.1107L +0.0001% / S +0.0003%pay 0.0000% / 1h9m 53s$7K150x
ShortHTX ALGO-USDT0.11050.0100get 0.0100% / 8h6h 09m$66K$113K75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$20.88
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$1.12
Break-even
7.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; HTX: live order book, 25 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.181%
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 gTrade (Gains Network) no order-book sample
Sell HTX live order book, 25 min ago9.43 bp16.8 bp −$17doesn't fitdoesn'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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0194%1h$818K$1.3M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0111%1h$100K$55K25xas long as short
Bybit ALGOUSDT−0.0059%8h$11.2M$12.6M75xas long as short
gTrade (Gains Network) ALGO/USDlongL +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$63K$364K50xas long as short
Variational Omni ALGO+0.0056%8h$64K$13Kas long as short
Hyperliquid ALGO+0.0100%1h$3.6M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h$44K$73K5xas long as short
Binance ALGOUSDT+0.0100%8h$9.9M$36.2M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$8.3M50xas long as short
Gate ALGO_USDT+0.0100%8h$842K$930K50xas long as short
MEXC ALGO_USDT+0.0100%8h$21.9M$3.3M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.5M$1.7M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.6M$3.8M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.1Mas long as short
HTX ALGO-USDTshort+0.0100%8h$66K$113K75x
Phemex ALGOUSDT+0.0100%8h$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h$7K$210K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0155% / S −0.0079%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$493K$773K75xas long as short
dYdX ALGO-USD+0.2442%1h$159K$6K5xas long as short