Funding you earn now, next payment 07:00 UTC+0.0844%/8h= +92.4% APRpaid last 24h +0.529%
Price spread now: dYdX against HTX−0.159%86s7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as 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−$3433.430% of the position
Funding, last 7 days+1.534%+$153 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.159%, 7d avg +0.073%
=Funding pays, the price is against you. dYdX is 0.232% cheaper against HTX than usual: you would sell low and buy high (spread −0.159% now, against its 7-day average of +0.073%). If the spread goes back, that is −$23 on $10k: about 22 hours of funding at the current rate (+$25 a day). The two prices were read 86 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 | 0.1104 | 0.0100 | pay 0.0100% / 8h | 1h 29m | $60K | $135K | 75x |
| Short | dYdX ALGO-USD | 0.1102 | 0.0944 | get 0.0118% / 1h | 29m 10s | $159K | $5K | 5x |
HTX ALGO-USDT
dYdX ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $177.2
- Price spread: −0.159% → +0.073%
- −$23.21
- Slippage, 4 orders
- −$321
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$189.01
- Costs to cover
- 3.430%
- Break-even
- 14.5 days
Slippage from HTX: live order book, 12 min ago; dYdX: live order book, 15 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, 12 min ago | 6.35 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 15 min ago | 132.05 bp | 137.1 bp −$137 | 137.1 bp −$1,371 | 138.9 bp −$13.9K | 785.9 bp −$393.0K |
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 | −0.0274% | 1h | 0.1104 | −0.052% | $820K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0022% | 1h | 0.1103 | −0.072% | $87K | $45K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1102 | −0.159% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.431% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1104 | −0.041% | $3.4M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1104 | −0.052% | $44K | $36K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1103 | −0.068% | $9.4M | $34.5M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1102 | −0.235% | $10.9M | $12.7M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1103 | −0.154% | $2.7M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1103 | −0.118% | $834K | $943K | 50x | as long as short |
Kraken Futures PF_ALGOUSD
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_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1103 | −0.091% | $23.1M | $3.2M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1103 | −0.072% | $3.5M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1103 | −0.109% | $5.4M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1103 | −0.109% | — | $3.4M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1101 | −0.294% | $60K | $12K | — | as long as short |
| HTX ALGO-USDTlong | +0.0100% | 8h | 0.1104 | long leg | $60K | $135K | 75x | |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1105 | +0.072% | $3.7M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1103 | −0.075% | $4K | $198K | 10x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0136% | 1h | 0.1106 | +0.172% | $62K | $215K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1102 | −0.190% | $471K | $869K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0318% / S −0.0264% | 1h | 0.1103 | −0.110% | $6K | — | 100x | as long as short |
| dYdX ALGO-USDshort | +0.0944% | 1h | 0.1102 | −0.159% | $159K | $5K | 5x |
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
Phemex ALGOUSDT
Extended ALGO-USD
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]