Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance0.000%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1211.206% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now 0.000%, 7d avg −0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.060% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALGOUSDT | 0.1118 | 0.0100 | pay 0.0100% / 8h | 2h 12m | $9.9M | $34.8M | 75x |
| Short | Gate ALGO_USDT | 0.1118 | 0.0100 | get 0.0100% / 8h | 2h 12m | $857K | $841K | 50x |
Binance ALGOUSDT
Gate ALGO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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: 0.000% → −0.060%
- $6.04
- Slippage, 4 orders
- −$95.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$114.56
- Costs to cover
- 1.206%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 10 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 Binance live order book, 14 min ago | 0.44 bp | 12.3 bp −$12 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell Gate live order book, 10 min ago | 4.90 bp | 46.3 bp −$46 | 368.7 bp −$3,687 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0911% | 1h | 0.1118 | +0.063% | $101K | $50K | 25x | as long as short |
| Injective ALGO/USDC PERP | −0.0212% | 1h | 0.1115 | −0.233% | $830 | $175K | 12x | as long as short |
| Bybit ALGOUSDT | −0.0120% | 8h | 0.1117 | −0.054% | $11.2M | $12.2M | 75x | as long as short |
| Variational Omni ALGO | −0.0082% | 8h | 0.1121 | +0.282% | $65K | $10K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0064% | 1h | 0.1124 | +0.591% | $62K | $332K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1119 | +0.142% | $6K | — | 150x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0093% | 1h | 0.1119 | +0.116% | $839K | $1.2M | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1120 | +0.179% | $3.8M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1119 | +0.139% | $44K | $31K | 5x | as long as short |
| Binance ALGOUSDTlong | +0.0100% | 8h | 0.1118 | long leg | $9.9M | $34.8M | 75x |
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Bybit ALGOUSDT
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Kraken Futures PF_ALGOUSD
Hyperliquid ALGO
Aster ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1117 | −0.018% | $3.0M | $7.8M | 50x | as long as short |
| Gate ALGO_USDTshort | +0.0100% | 8h | 0.1118 | 0.000% | $857K | $841K | 50x | |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1118 | −0.009% | $23.0M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1119 | +0.081% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1118 | +0.036% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1118 | 0.000% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1118 | +0.036% | $66K | $109K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1121 | +0.304% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1117 | −0.019% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1119 | +0.170% | $493K | $795K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0237% / S −0.0158% | 1h | 0.1119 | +0.149% | $5K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1332% | 1h | 0.1119 | +0.151% | $160K | $5K | 5x | as long as short |
OKX ALGO-USDT-SWAP
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD