Funding you earn now, next payment 01:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h +0.007%
Price spread now: Variational Omni against gTrade (Gains Network)−0.143%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.143% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | gTrade (Gains Network) ALGO/USD | 0.1106 | L +0.0001% / S +0.0003% | pay 0.0000% / 1h | 0m 37s | $6K | — | 150x |
| Short | Variational Omni ALGO | 0.1105 | −0.0053 | pay 0.0053% / 8h | 7h 00m | $60K | $12K | — |
gTrade (Gains Network) ALGO/USD
Variational Omni ALGOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.27
- Price spread: −0.143% → 0.000%
- −$14.31
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$35.58
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: no order-book sample. Net counts fees only.
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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Variational Omni: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0573% | 1h | 0.1105 | −0.089% | $821K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0383% | 1h | 0.1105 | −0.103% | $100K | $49K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1114 | +0.683% | $87K | $273K | 50x | as long as short |
| Variational Omni ALGOshort | −0.0053% | 8h | 0.1105 | −0.143% | $60K | $12K | — | |
| gTrade (Gains Network) ALGO/USDlong | L +0.0001% / S +0.0003% | 1h | 0.1106 | long leg | $6K | — | 150x | |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.244% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1106 | +0.014% | $3.6M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1106 | +0.004% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.157% | $9.8M | $34.7M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1104 | −0.239% | $11.1M | $12.0M | 75x | as long as short |
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit 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 | 0.1104 | −0.184% | $2.9M | $7.5M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1106 | −0.022% | $868K | $831K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1105 | −0.094% | $22.6M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1105 | −0.094% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.112% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1104 | −0.166% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1109 | +0.204% | $60K | $142K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1104 | −0.191% | $8K | $233K | 10x | as long as short |
| Phemex ALGOUSDT | +0.0158% | 8h | 0.1109 | +0.249% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1106 | −0.022% | $492K | $762K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0313% | 1h | 0.1106 | −0.010% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1583% | 1h | 0.1106 | −0.040% | $158K | $3K | 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
Extended ALGO-USD
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD