ALGO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.1468%/8h= −160.7% APRnext payment −$1.83 per $10,000 · paid last 24h −0.531%

Price spread now: gTrade (Gains Network) against dYdX+0.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.046% dearer against dYdX than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 3 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ALGO-USD	0.1118	0.1465	pay 0.0183% / 1h	21m 31s	$162K	$6K	5x
Short	gTrade (Gains Network) ALGO/USD	0.1118	L −0.0001% / S +0.0003%	pay 0.0000% / 1h	21m 31s	$16K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against dYdX. 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

Position, each leg$Hold fordaysFee dYdXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.046%Rate

Funding earned: −$308.28
Price spread: +0.046% → 0.000%: $4.65
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$323.63
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: dYdX: live order book, 12 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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 dYdX live order book, 12 min ago	3.57 bp	59.9 bp −$60	124.5 bp −$1,245	225.1 bp −$22.5K	1262.2 bp −$631.1K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0197%	1h	0.1118	−0.003%	$88K	$45K	25x	as long as short
Kraken Futures PF_ALGOUSD	−0.0025%	1h	0.1119	+0.061%	$832K	$1.1M	50x	as long as short
gTrade (Gains Network) ALGO/USDshort	L −0.0001% / S +0.0003%	1h	0.1118	+0.046%	$16K	—	150x
Injective ALGO/USDC PERP	+0.0033%	1h	0.1120	+0.194%	$834	$233K	12x	as long as short
Hyperliquid ALGO	+0.0100%	1h	0.1118	+0.006%	$3.4M	$2.4M	5x	as long as short
Aster ALGOUSDT	+0.0100%	8h	0.1118	+0.047%	$44K	$37K	5x	as long as short
Binance ALGOUSDT	+0.0100%	8h	0.1118	−0.012%	$9.5M	$34.5M	75x	as long as short
Bybit ALGOUSDT	+0.0100%	8h	0.1118	−0.012%	$11.1M	$13.1M	75x	as long as short
OKX ALGO-USDT-SWAP	+0.0100%	8h	0.1118	+0.042%	$2.7M	$7.8M	50x	as long as short
Gate ALGO_USDT	+0.0100%	8h	0.1116	−0.164%	$840K	$919K	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ALGO_USDT	+0.0100%	8h	0.1118	−0.021%	$23.7M	$3.3M	200x	as long as short
KuCoin ALGOUSDTM	+0.0100%	8h	0.1117	−0.039%	$3.4M	$1.4M	50x	as long as short
Bitget ALGOUSDT	+0.0100%	8h	0.1117	−0.074%	$5.5M	$3.5M	75x	as long as short
BingX ALGO-USDT	+0.0100%	8h	0.1117	−0.056%	—	$3.4M	—	as long as short
Variational Omni ALGO	+0.0100%	8h	0.1108	−0.899%	$61K	$12K	—	as long as short
HTX ALGO-USDT	+0.0100%	8h	0.1118	+0.042%	$58K	$137K	75x	as long as short
Phemex ALGOUSDT	+0.0100%	8h	0.1120	+0.194%	$3.8M	$1.8M	50x	as long as short
Extended ALGO-USD	+0.0104%	1h	0.1116	−0.120%	$7K	$198K	10x	as long as short
Coinbase International ALGO-PERP-INTX	+0.0144%	1h	0.1119	+0.140%	$63K	$195K	50x	as long as short
BloFin ALGO-USDT	+0.0220%	8h	0.1115	−0.253%	$481K	$835K	75x	as long as short
GMX ALGO/USD [WBTC.b-USDC]	L +0.0319% / S −0.0264%	1h	0.1117	−0.038%	$6K	—	100x	as long as short
dYdX ALGO-USDlong	+0.1465%	1h	0.1118	long leg	$162K	$6K	5x