Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX−0.041%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$580.584% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.041%, 7d avg +0.031%
=Together, before fees+0.028%+ Points / potential airdropExtended: Active · farm board+$3 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 0.072% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ALGO-USDT-SWAP | 0.1110 | 0.0100 | pay 0.0100% / 8h | 7h 03m | $2.9M | $7.5M | 50x |
| Short | Extended ALGO-USD | 0.1110 | 0.0104 | get 0.0013% / 1h | 3m 01s | $8K | $233K | 10x |
OKX ALGO-USDT-SWAP
Extended ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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: −0.041% → +0.031%
- −$7.2
- Slippage, 4 orders
- −$43.43
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$64.78
- Costs to cover
- 0.584%
- Break-even
- 546.8 days
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 4 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 OKX live order book, 5 min ago | 1.34 bp | 15.1 bp −$15 | 62.8 bp −$628 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0570% | 1h | 0.1110 | −0.007% | $825K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0380% | 1h | 0.1111 | +0.009% | $101K | $49K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1114 | +0.297% | $87K | $273K | 50x | as long as short |
| Variational Omni ALGO | −0.0065% | 8h | 0.1113 | +0.265% | $61K | $12K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1112 | +0.095% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.855% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1111 | +0.027% | $3.6M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1112 | +0.126% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1110 | −0.018% | $9.9M | $34.6M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1110 | −0.054% | $11.3M | $12.0M | 75x | as long as short |
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAPlong | +0.0100% | 8h | 0.1110 | long leg | $2.9M | $7.5M | 50x | |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1110 | −0.081% | $871K | $829K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1110 | −0.063% | $22.8M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1111 | +0.027% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1110 | −0.045% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1110 | −0.009% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1114 | +0.288% | $61K | $142K | 75x | as long as short |
| Extended ALGO-USDshort | +0.0104% | 1h | 0.1110 | −0.041% | $8K | $233K | 10x | |
| Phemex ALGOUSDT | +0.0113% | 8h | 0.1112 | +0.135% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1111 | +0.045% | $493K | $766K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0313% | 1h | 0.1111 | +0.029% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1479% | 1h | 0.1112 | +0.122% | $159K | $3K | 5x | as long as short |
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD