Funding you earn now, next payment 16:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.83 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.028%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$630.627% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.028%, 7d avg −0.021%
=The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALGOUSDT | 0.1088 | 0.0100 | pay 0.0100% / 8h | 4h 31m | $5.3M | $3.5M | 75x |
| Short | OKX ALGO-USDT-SWAP | 0.1088 | 0.0017 | get 0.0017% / 8h | 4h 31m | $2.6M | $7.8M | 50x |
Bitget ALGOUSDT
OKX ALGO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- −$17.53
- Price spread: −0.028% → −0.021%
- −$0.7
- Slippage, 4 orders
- −$40.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$80.93
- Costs to cover
- 0.627%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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 Bitget live order book, 5 min ago | 4.59 bp | 16.9 bp −$17 | 30.1 bp −$301 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.92 bp | 15.9 bp −$16 | 61.6 bp −$616 | doesn't fit | doesn't fit |
ALGO on 22 exchanges
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 | −0.1034% | 1h | 0.1089 | +0.055% | $86K | $41K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0509% | 1h | 0.1089 | +0.100% | $786K | $1.1M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0109% | 8h | 0.1087 | −0.055% | $10.4M | $13.5M | 75x | as long as short |
| Variational Omni ALGO | −0.0001% | 8h | 0.1088 | +0.013% | $59K | $13K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1089 | +0.056% | $16K | — | 150x | as long as short |
| OKX ALGO-USDT-SWAPshort | +0.0017% | 8h | 0.1088 | −0.028% | $2.6M | $7.8M | 50x | |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +2.941% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0088% | 1h | 0.1091 | +0.257% | $64K | $177K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1090 | +0.147% | $3.3M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1089 | +0.096% | $43K | $38K | 5x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ALGOUSDT | +0.0100% | 8h | 0.1088 | +0.017% | $9.2M | $33.7M | 75x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1089 | +0.083% | $826K | $874K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1088 | +0.037% | $23.5M | $3.3M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1089 | +0.064% | $3.3M | $1.3M | 50x | as long as short |
| Bitget ALGOUSDTlong | +0.0100% | 8h | 0.1088 | long leg | $5.3M | $3.5M | 75x | |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1088 | +0.018% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1089 | +0.046% | $57K | $121K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1091 | +0.276% | $3.7M | $1.7M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1088 | +0.001% | $8K | $307K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1089 | +0.074% | $468K | $845K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0315% / S −0.0264% | 1h | 0.1089 | +0.070% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1506% | 1h | 0.1089 | +0.128% | $158K | $4K | 5x | as long as short |
Binance ALGOUSDT
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD