Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against KuCoin−0.212%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1521.520% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.212%, 7d avg −0.055%
=Together, before fees+0.185%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.157% cheaper against KuCoin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALGOUSDTM | 0.1108 | 0.0100 | pay 0.0100% / 8h | 6h 58m | $3.5M | $1.5M | 50x |
| Short | Extended ALGO-USD | 0.1105 | 0.0104 | get 0.0013% / 1h | 58m 34s | $8K | $233K | 10x |
KuCoin ALGOUSDTM
Extended ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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
- $0.84
- Price spread: −0.212% → −0.055%
- −$15.73
- Slippage, 4 orders
- −$135
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$166.88
- Costs to cover
- 1.520%
- Break-even
- 1397.7 days
Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 8 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 KuCoin live order book, 4 min ago | 7.68 bp | 57.9 bp −$58 | 244.0 bp −$2,440 | doesn't fit | doesn't fit |
| Sell Extended live order book, 8 min ago | 1.30 bp | 13.0 bp −$13 | 128.4 bp −$1,284 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ALGO-PERP-INTX | −0.0064% | 1h | 0.1114 | +0.542% | $87K | $273K | 50x | as long as short |
| Variational Omni ALGO | −0.0053% | 8h | 0.1105 | −0.284% | $60K | $12K | — | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0020% | 1h | 0.1109 | +0.108% | $100K | $49K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1109 | +0.091% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.101% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1108 | +0.027% | $3.6M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1108 | +0.002% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1108 | +0.018% | $9.9M | $34.8M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.262% | $11.2M | $12.0M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1106 | −0.144% | $2.9M | $7.5M | 50x | as long as short |
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ALGO_USDT | +0.0100% | 8h | 0.1106 | −0.162% | $871K | $823K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1105 | −0.226% | $22.7M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTMlong | +0.0100% | 8h | 0.1108 | long leg | $3.5M | $1.5M | 50x | |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1106 | −0.162% | $5.5M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1106 | −0.181% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1108 | −0.027% | $60K | $142K | 75x | as long as short |
| Extended ALGO-USDshort | +0.0104% | 1h | 0.1105 | −0.212% | $8K | $233K | 10x | |
| Phemex ALGOUSDT | +0.0132% | 8h | 0.1112 | +0.379% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1107 | −0.090% | $493K | $764K | 75x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0264% | 1h | 0.1109 | +0.144% | $824K | $1.1M | 50x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0313% | 1h | 0.1109 | +0.132% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.5481% | 1h | 0.1106 | −0.157% | $159K | $3K | 5x | as long as short |
Gate ALGO_USDT
MEXC ALGO_USDT
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
Kraken Futures PF_ALGOUSD
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD