Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: HTX against BloFin−0.200%59s7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1761.758% of the position
Funding, last 7 days−0.165%−$17 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.200%, 7d avg −0.029%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.171% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.029%). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALGO-USDT | 0.1100 | 0.0220 | pay 0.0220% / 8h | 4h 35m | $479K | $878K | 75x |
| Short | HTX ALGO-USDT | 0.1098 | 0.0100 | get 0.0100% / 8h | 4h 35m | $59K | $140K | 75x |
BloFin ALGO-USDT
HTX ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BloFin. 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
- −$25.2
- Price spread: −0.200% → −0.029%
- −$17.12
- Slippage, 4 orders
- −$151.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$218.11
- Costs to cover
- 1.758%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; HTX: live order book, 21 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 BloFin live order book, 2 min ago | 0.46 bp | 10.3 bp −$10 | 30.9 bp −$309 | doesn't fit | doesn't fit |
| Sell HTX live order book, 21 min ago | 11.16 bp | 110.2 bp −$110 | doesn't fit | 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 | −0.0113% | 1h | 0.1100 | +0.045% | $87K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1101 | +0.066% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.818% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0080% | 1h | 0.1116 | +1.491% | $88K | $291K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1101 | +0.127% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1101 | +0.076% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1101 | +0.055% | $9.6M | $35.0M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1099 | −0.100% | $11.0M | $12.8M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1100 | 0.000% | $2.8M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1099 | −0.064% | $851K | $892K | 50x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1101 | +0.055% | $22.8M | $3.1M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1101 | +0.082% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1100 | 0.000% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1100 | 0.000% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1096 | −0.395% | $60K | $12K | — | as long as short |
| HTX ALGO-USDTshort | +0.0100% | 8h | 0.1098 | −0.200% | $59K | $140K | 75x | |
| Extended ALGO-USD | +0.0104% | 1h | 0.1100 | +0.028% | $6K | $231K | 10x | as long as short |
| Phemex ALGOUSDT | +0.0139% | 8h | 0.1099 | −0.091% | $3.7M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDTlong | +0.0220% | 8h | 0.1100 | long leg | $479K | $878K | 75x | |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0317% / S −0.0264% | 1h | 0.1100 | +0.035% | $6K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0381% | 1h | 0.1101 | +0.051% | $813K | $1.1M | 50x | as long as short |
| dYdX ALGO-USD | +0.1231% | 1h | 0.1100 | +0.018% | $159K | $4K | 5x | as long as short |
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
Extended ALGO-USD
Phemex ALGOUSDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD
dYdX ALGO-USD