Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Gate against Bybit0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1111.111% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now 0.000%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALGOUSDT | 0.1111 | 0.0100 | pay 0.0100% / 8h | 21m 41s | $11.2M | $12.9M | 75x |
| Short | Gate ALGO_USDT | 0.1111 | 0.0100 | get 0.0100% / 8h | 21m 41s | $838K | $954K | 50x |
Bybit ALGOUSDT
Gate ALGO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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% → +0.006%
- −$0.61
- Slippage, 4 orders
- −$85.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$111.75
- Costs to cover
- 1.111%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 15 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 Bybit live order book, 2 min ago | 0.45 bp | 14.5 bp −$14 | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell Gate live order book, 15 min ago | 7.21 bp | 40.9 bp −$41 | 398.2 bp −$3,982 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0265% | 1h | 0.1112 | +0.147% | $829K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0110% | 1h | 0.1112 | +0.099% | $88K | $46K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1112 | +0.136% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.837% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1113 | +0.171% | $3.4M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1112 | +0.128% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1111 | +0.037% | $9.5M | $34.4M | 75x | as long as short |
| Bybit ALGOUSDTlong | +0.0100% | 8h | 0.1111 | long leg | $11.2M | $12.9M | 75x | |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1111 | +0.045% | $2.7M | $7.8M | 50x | as long as short |
| Gate ALGO_USDTshort | +0.0100% | 8h | 0.1111 | 0.000% | $838K | $954K | 50x |
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
OKX ALGO-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1111 | +0.045% | $23.4M | $3.2M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1111 | +0.027% | $3.5M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1112 | +0.117% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1112 | +0.090% | — | $3.4M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1109 | −0.158% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1112 | +0.144% | $58K | $137K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1114 | +0.297% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1111 | +0.010% | $5K | $193K | 10x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1115 | +0.378% | $63K | $193K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1110 | −0.090% | $479K | $841K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0319% / S −0.0264% | 1h | 0.1112 | +0.142% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.0990% | 1h | 0.1113 | +0.166% | $160K | $5K | 5x | as long as short |
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD