Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.012%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$420.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.124%−$12 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.012%, 7d avg −0.003%
Together, before fees−0.082%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ALGO-USDT0.11210.0100pay 0.0100% / 8h1h 16m$3.3M
ShortExtended ALGO-USD0.11210.0104get 0.0013% / 1h16m 17s$7K$210K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.012% → −0.003%
−$0.83
Slippage, 4 orders
−$27.31
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$42.3
Costs to cover
0.423%
Break-even
359.5 days
Slippage from BingX: live order book, 9 min ago; Extended: live order book, 66 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago0.45 bp5.7 bp −$630.3 bp −$303240.7 bp −$24.1K706.1 bp −$353.1K
Sell Extended live order book, 66 min ago1.38 bp13.3 bp −$13135.2 bp −$1,352doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.0641%1h0.1121+0.018%$102K$50K25xas long as short
Injective ALGO/USDC PERP−0.0295%1h0.1120−0.089%$834$233K12xas long as short
Kraken Futures PF_ALGOUSD−0.0287%1h0.1121+0.013%$835K$1.1M50xas long as short
Bybit ALGOUSDT−0.0104%8h0.1120−0.071%$11.3M$12.3M75xas long as short
Variational Omni ALGO−0.0082%8h0.1121−0.026%$65K$10Kas long as short
Coinbase International ALGO-PERP-INTX−0.0056%1h0.1121−0.036%$62K$332K50xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1122+0.080%$6K150xas long as short
Hyperliquid ALGO+0.0100%1h0.1123+0.161%$3.7M$1.9M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1122+0.079%$44K$36K5xas long as short
Binance ALGOUSDT+0.0100%8h0.11210.000%$9.8M$34.9M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1120−0.045%$3.0M$7.7M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1121+0.018%$889K$854K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1121−0.009%$23.3M$2.8M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.11210.000%$3.6M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1122+0.089%$5.7M$3.6M75xas long as short
BingX ALGO-USDTlong+0.0100%8h0.1121long leg$3.3M
HTX ALGO-USDT+0.0100%8h0.1121+0.009%$66K$109K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1123+0.178%$3.8M$1.8M50xas long as short
Extended ALGO-USDshort+0.0104%1h0.1121−0.012%$7K$210K10x
BloFin ALGO-USDT+0.0220%8h0.1120−0.080%$487K$793K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0256% / S −0.0190%1h0.1122+0.106%$5K100xas long as short
dYdX ALGO-USD+0.1507%1h0.1122+0.094%$161K$3K5xas long as short