ALGO

Alert

Funding spread now, next payment 17:00 UTC−0.0138%/8h

paid, last 24h−0.067%paid, last 3 days−0.038%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ALGO/USD [WBTC.b-USDC]	0.1126	L +0.0238% / S −0.0167%	pay 0.0030% / 1h	55m 51s	$5K	—	100x
Short	Aster ALGOUSDT	0.1126	0.0100	get 0.0100% / 8h	7h 55m	$42K	$87K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee AsterbpOrdersRate

Funding earned: −$28.92
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$48.92
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aster: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.005%
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 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GMX no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

GMX and Aster: 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_ALGOUSD	−0.0503%	1h	$846K	$1.8M	50x	as long as short
Bybit ALGOUSDT	−0.0112%	8h	$11.4M	$13.6M	75x	as long as short
Deribit ALGO_USDC-PERPETUAL	−0.0016%	1h	$102K	$56K	25x	as long as short
gTrade (Gains Network) ALGO/USD	L +0.0001% / S +0.0003%	1h	$7K	—	150x	as long as short
Injective ALGO/USDC PERP	+0.0033%	1h	$841	$115K	12x	as long as short
Coinbase International ALGO-PERP-INTX	+0.0064%	1h	$61K	$437K	50x	as long as short
Hyperliquid ALGO	+0.0100%	1h	$3.7M	$2.6M	5x	as long as short
Aster ALGOUSDTshort	+0.0100%	8h	$42K	$87K	5x
Binance ALGOUSDT	+0.0100%	8h	$10.4M	$38.7M	75x	as long as short
OKX ALGO-USDT-SWAP	+0.0100%	8h	$3.0M	$9.6M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate ALGO_USDT	+0.0100%	8h	$851K	$931K	50x	as long as short
MEXC ALGO_USDT	+0.0100%	8h	$22.3M	$3.4M	200x	as long as short
KuCoin ALGOUSDTM	+0.0100%	8h	$3.7M	$1.8M	50x	as long as short
Bitget ALGOUSDT	+0.0100%	8h	$5.7M	$4.2M	75x	as long as short
BingX ALGO-USDT	+0.0100%	8h	—	$3.2M	—	as long as short
Variational Omni ALGO	+0.0100%	8h	$65K	$195K	—	as long as short
HTX ALGO-USDT	+0.0100%	8h	$67K	$116K	75x	as long as short
Phemex ALGOUSDT	+0.0100%	8h	$3.9M	$1.9M	50x	as long as short
Extended ALGO-USD	+0.0104%	1h	$7K	$207K	10x	as long as short
BloFin ALGO-USDT	+0.0220%	8h	$512K	$764K	75x	as long as short
GMX ALGO/USD [WBTC.b-USDC]long	L +0.0238% / S −0.0167%	1h	$5K	—	100x
dYdX ALGO-USD	+0.0383%	1h	$161K	$6K	5x	as long as short