ALGO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%

Price spread now: Bybit against Gate0.000%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1321.322% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.062%−$6 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now 0.000%, 7d avg −0.008%

Together, before fees−0.052%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ALGO_USDT	0.1108	0.0100	pay 0.0100% / 8h	4h 21m	$861K	$905K	50x
Short	Bybit ALGOUSDT	0.1108	0.0100	get 0.0100% / 8h	4h 21m	$11.1M	$12.6M	75x

Funding history

latest

Range statsloading…

Bybit against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now 0.000%Rate

Slippage from Gate: live order book, 35 min ago; Bybit: live order book, 1 min ago.

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, 35 min ago	7.59 bp	61.4 bp −$61	746.8 bp −$7,468	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.45 bp	14.4 bp −$14	37.0 bp −$370	doesn't fit	doesn't fit

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	−0.0020%	1h	0.1110	+0.144%	$88K	$44K	25x	as long as short
gTrade (Gains Network) ALGO/USD	L −0.0001% / S +0.0003%	1h	0.1110	+0.164%	$16K	—	150x	as long as short
Injective ALGO/USDC PERP	+0.0033%	1h	0.1120	+1.083%	$834	$233K	12x	as long as short
Coinbase International ALGO-PERP-INTX	+0.0080%	1h	0.1116	+0.758%	$88K	$290K	50x	as long as short
Hyperliquid ALGO	+0.0100%	1h	0.1110	+0.171%	$3.6M	$2.0M	5x	as long as short
Aster ALGOUSDT	+0.0100%	8h	0.1109	+0.124%	$44K	$38K	5x	as long as short
Binance ALGOUSDT	+0.0100%	8h	0.1109	+0.099%	$9.6M	$34.5M	75x	as long as short
Bybit ALGOUSDTshort	+0.0100%	8h	0.1108	0.000%	$11.1M	$12.6M	75x
OKX ALGO-USDT-SWAP	+0.0100%	8h	0.1109	+0.099%	$2.8M	$7.8M	50x	as long as short
Gate ALGO_USDTlong	+0.0100%	8h	0.1108	long leg	$861K	$905K	50x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ALGO_USDT	+0.0100%	8h	0.1109	+0.063%	$22.9M	$3.1M	200x	as long as short
KuCoin ALGOUSDTM	+0.0100%	8h	0.1109	+0.063%	$3.5M	$1.5M	50x	as long as short
Bitget ALGOUSDT	+0.0100%	8h	0.1109	+0.090%	$5.5M	$3.5M	75x	as long as short
BingX ALGO-USDT	+0.0100%	8h	0.1109	+0.090%	—	$3.3M	—	as long as short
Variational Omni ALGO	+0.0100%	8h	0.1109	+0.058%	$61K	$12K	—	as long as short
HTX ALGO-USDT	+0.0100%	8h	0.1110	+0.162%	$60K	$136K	75x	as long as short
Extended ALGO-USD	+0.0104%	1h	0.1109	+0.055%	$6K	$231K	10x	as long as short
Phemex ALGOUSDT	+0.0113%	8h	0.1112	+0.361%	$3.8M	$1.8M	50x	as long as short
BloFin ALGO-USDT	+0.0220%	8h	0.1109	+0.135%	$477K	$875K	75x	as long as short
GMX ALGO/USD [WBTC.b-USDC]	L +0.0318% / S −0.0264%	1h	0.1110	+0.148%	$6K	—	100x	as long as short
Kraken Futures PF_ALGOUSD	+0.0378%	1h	0.1110	+0.174%	$820K	$1.0M	50x	as long as short
dYdX ALGO-USD	+0.0887%	1h	0.1110	+0.167%	$160K	$4K	5x	as long as short