Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Phemex−0.197%7-day average −0.188% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.076%−$8 · spread now −0.197%, 7d avg −0.188%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALGOUSDT | 0.1115 | 0.0100 | pay 0.0100% / 8h | 5h 48m | $3.8M | $1.8M | 50x |
| Short | HTX ALGO-USDT | 0.1113 | 0.0100 | get 0.0100% / 8h | 5h 48m | $60K | $141K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Phemex. 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
- Price spread: −0.197% → −0.188%
- −$0.91
- Slippage, 4 orders
- −$90.32
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$115.24
- Costs to cover
- 1.143%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; HTX: live order book, 12 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 Phemex live order book, 5 min ago | 4.48 bp | 21.1 bp −$21 | 65.6 bp −$656 | doesn't fit | doesn't fit |
| Sell HTX live order book, 12 min ago | 12.11 bp | 42.1 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
ALGO on 21 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 | −0.0199% | 1h | 0.1113 | −0.206% | $101K | $49K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1113 | −0.161% | $16K | — | 150x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0032% | 1h | 0.1114 | −0.126% | $70K | $269K | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.448% | $834 | $233K | 12x | as long as short |
| Variational Omni ALGO | +0.0089% | 8h | 0.1116 | +0.052% | $61K | $12K | — | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1115 | −0.025% | $44K | $41K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1114 | −0.082% | $9.8M | $34.4M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1114 | −0.090% | $11.5M | $12.2M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1114 | −0.081% | $2.9M | $7.6M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1114 | −0.090% | $872K | $847K | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1114 | −0.126% | $22.8M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1114 | −0.099% | $3.5M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1114 | −0.090% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1114 | −0.126% | — | $3.3M | — | as long as short |
| HTX ALGO-USDTshort | +0.0100% | 8h | 0.1113 | −0.197% | $60K | $141K | 75x | |
| Phemex ALGOUSDTlong | +0.0100% | 8h | 0.1115 | long leg | $3.8M | $1.8M | 50x | |
| Extended ALGO-USD | +0.0104% | 1h | 0.1114 | −0.108% | $4K | $229K | 10x | as long as short |
| Hyperliquid ALGO | +0.0123% | 1h | 0.1115 | +0.009% | $3.7M | $2.0M | 5x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0342% / S −0.0313% | 1h | 0.1113 | −0.156% | $7K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0355% | 1h | 0.1113 | −0.164% | $824K | $1.1M | 50x | as long as short |
| dYdX ALGO-USD | +0.2192% | 1h | 0.1114 | −0.108% | $161K | $4K | 5x | as long as short |
Phemex ALGOUSDT
HTX ALGO-USDT
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Coinbase International ALGO-PERP-INTX
Injective ALGO/USDC PERP
Variational Omni ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Extended ALGO-USD
Hyperliquid ALGO
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD