Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against HTX−0.136%59s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.789% of the position
Funding, last 7 days+0.165%+$17 on $10k
+Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.136%, 7d avg +0.029%
=Funding pays, the price is against you. BloFin is 0.165% cheaper against HTX than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of +0.029%). If the spread goes back, that is −$16 on $10k: about 4.6 days of funding at the current rate (+$4 a day). The two prices were read 59 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 | HTX ALGO-USDT | 0.1101 | 0.0100 | pay 0.0100% / 8h | 2h 49m | $59K | $135K | 75x |
| Short | BloFin ALGO-USDT | 0.1100 | 0.0220 | get 0.0220% / 8h | 2h 49m | $475K | $866K | 75x |
HTX ALGO-USDT
BloFin ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- $25.2
- Price spread: −0.136% → +0.029%
- −$16.5
- Slippage, 4 orders
- −$54.88
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$70.17
- Costs to cover
- 0.789%
- Break-even
- 26.5 days
Slippage from HTX: live order book, 62 min ago; BloFin: live order book, 42 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 HTX live order book, 62 min ago | 0.90 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 0.45 bp | 15.2 bp −$15 | 34.3 bp −$343 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0112% | 1h | 0.1105 | +0.318% | $87K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1105 | +0.363% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.698% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1105 | +0.372% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1105 | +0.360% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1105 | +0.315% | $9.5M | $34.6M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1104 | +0.200% | $11.1M | $12.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1104 | +0.254% | $2.7M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1103 | +0.163% | $850K | $911K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1104 | +0.236% | $22.9M | $3.1M | 200x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1104 | +0.209% | $3.4M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1105 | +0.336% | $5.5M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1104 | +0.281% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1100 | −0.145% | $60K | $12K | — | as long as short |
| HTX ALGO-USDTlong | +0.0100% | 8h | 0.1101 | long leg | $59K | $135K | 75x | |
| Extended ALGO-USD | +0.0104% | 1h | 0.1104 | +0.246% | $4K | $195K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0112% | 1h | 0.1105 | +0.320% | $833K | $1.1M | 50x | as long as short |
| Phemex ALGOUSDT | +0.0121% | 8h | 0.1107 | +0.518% | $3.7M | $1.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1106 | +0.427% | $63K | $287K | 50x | as long as short |
| BloFin ALGO-USDTshort | +0.0220% | 8h | 0.1100 | −0.136% | $475K | $866K | 75x | |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0318% / S −0.0264% | 1h | 0.1105 | +0.342% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1897% | 1h | 0.1105 | +0.325% | $159K | $4K | 5x | as long as short |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
Phemex ALGOUSDT
Coinbase International ALGO-PERP-INTX
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD