Funding you earn now, next payment 08:00 UTC+0.0116%/8h= +12.7% APRnext payment +$1.16 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Gate+0.045%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1021.023% of the position
Funding, last 7 days+0.226%+$23 on $10k
+Price spread, last 3 days (all we have)+0.037%+$4 · spread now +0.045%, 7d avg +0.026%
=The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ALGO_USDT | 0.1118 | 0.0100 | pay 0.0100% / 8h | 7h 26m | $877K | $819K | 50x |
| Short | BloFin ALGO-USDT | 0.1119 | 0.0216 | get 0.0216% / 8h | 7h 26m | $486K | $768K | 75x |
Gate ALGO_USDT
BloFin ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $24.31
- Price spread: +0.045% → +0.026%
- $1.87
- Slippage, 4 orders
- −$75.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$76.14
- Costs to cover
- 1.023%
- Break-even
- 28.9 days
Slippage from Gate: live order book, 45 min ago; BloFin: live order book, 45 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 Gate live order book, 45 min ago | 7.57 bp | 38.1 bp −$38 | 372.6 bp −$3,726 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 0.89 bp | 9.7 bp −$10 | 21.3 bp −$213 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0567% | 1h | 0.1117 | −0.131% | $831K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0287% | 1h | 0.1116 | −0.197% | $101K | $50K | 25x | as long as short |
| Variational Omni ALGO | −0.0119% | 8h | 0.1119 | +0.096% | $62K | $11K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1120 | +0.134% | $67K | $255K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1117 | −0.136% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.152% | $834 | $233K | 12x | as long as short |
| MEXC ALGO_USDT | +0.0095% | 8h | 0.1118 | −0.036% | $23.0M | $3.0M | 200x | as long as short |
| Binance ALGOUSDT | +0.0096% | 8h | 0.1117 | −0.122% | $9.9M | $34.3M | 75x | as long as short |
| Extended ALGO-USD | +0.0096% | 1h | 0.1117 | −0.077% | $4K | $228K | 10x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1121 | +0.241% | $3.7M | $1.8M | 5x | as long as short |
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
MEXC ALGO_USDT
Binance ALGOUSDT
Extended ALGO-USD
Hyperliquid ALGOShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ALGOUSDT | +0.0100% | 8h | 0.1119 | +0.035% | $44K | $38K | 5x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1116 | −0.241% | $11.3M | $11.8M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1116 | −0.206% | $2.9M | $7.4M | 50x | as long as short |
| Gate ALGO_USDTlong | +0.0100% | 8h | 0.1118 | long leg | $877K | $819K | 50x | |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1119 | +0.063% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1117 | −0.116% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1117 | −0.134% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1116 | −0.161% | $68K | $110K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1119 | +0.063% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDTshort | +0.0216% | 8h | 0.1119 | +0.045% | $486K | $768K | 75x | |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0351% | 1h | 0.1116 | −0.172% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1336% | 1h | 0.1118 | −0.020% | $160K | $3K | 5x | as long as short |
Aster ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD