data as of
Settings8H · net · $10k
Funding arb /

ALGO

all ALGO markets
SwapPrice view
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Funding spread now, next payment 18:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 5 days−0.004%to open and close $10k−$96
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ALGO-USDT0.11140.0100pay 0.0100% / 8h6h 34m$66K$107K75x
ShortHyperliquid ALGO0.11150.0100get 0.0013% / 1h34m 29s$3.6M$2.1M5x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$74.82
Fee HTX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$95.82
Break-even
never at this rate
Slippage from HTX: live order book, 1 min ago; Hyperliquid: live order book, 8 min ago.

Price risk

price view
Price gap now
+0.081%
Avg gap 7d
+0.124%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 1 min ago9.43 bp47.5 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago3.15 bp16.0 bp −$16doesn't fitdoesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0193%1h$825K$1.6M50xas long as short
Bybit ALGOUSDT−0.0037%8h$11.3M$12.7M75xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0019%1h$101K$55K25xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h$841$115K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0048%1h$61K$394K50xas long as short
Variational Omni ALGO+0.0079%8h$64K$102Kas long as short
Hyperliquid ALGOshort+0.0100%1h$3.6M$2.1M5x
Aster ALGOUSDT+0.0100%8h$44K$74K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.3M$36.2M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$8.5M50xas long as short
Gate ALGO_USDT+0.0100%8h$840K$907K50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.1M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.5M$1.7M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.7M$3.9M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.1Mas long as short
HTX ALGO-USDTlong+0.0100%8h$66K$107K75x
Phemex ALGOUSDT+0.0100%8h$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h$6K$207K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0156% / S −0.0079%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$511K$772K75xas long as short
dYdX ALGO-USD+0.1982%1h$160K$6K5xas long as short