ALGO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0775%/8h= −84.9% APRpaid last 24h −0.544%

Price spread now: Gate against dYdX−0.076%7-day average −0.076% · you buy dearer than you sell

Net, funding: paid 7d − costs−$577as in the Funding arb table

Net, price: spread back to 7d avg − costs−$422as in the Price arb table

costs, in and out, $10k−$4224.223% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−1.551%−$155 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.076%, 7d avg −0.076%

Together, before fees−1.552%−$155 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.076%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ALGO-USD	0.1109	0.0875	pay 0.0109% / 1h	20m 32s	$160K	$4K	5x
Short	Gate ALGO_USDT	0.1108	0.0100	get 0.0100% / 8h	4h 20m	$861K	$905K	50x

Funding history

latest

Range statsloading…

Gate against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee dYdXbpFee GatebpOrdersPrice spread, now −0.076%Rate

Slippage from dYdX: live order book, 38 min ago; Gate: live order book, 36 min ago.

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, 38 min ago	49.85 bp	70.1 bp −$70	141.6 bp −$1,416	163.8 bp −$16.4K	1170.7 bp −$585.4K
Sell Gate live order book, 36 min ago	7.59 bp	44.9 bp −$45	470.9 bp −$4,709	doesn't fit	doesn't fit

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
gTrade (Gains Network) ALGO/USD	L −0.0001% / S +0.0003%	1h	0.1109	−0.012%	$16K	—	150x	as long as short
Deribit ALGO_USDC-PERPETUAL	0.0000%	1h	0.1109	−0.031%	$88K	$44K	25x	as long as short
Injective ALGO/USDC PERP	+0.0033%	1h	0.1120	+1.007%	$834	$233K	12x	as long as short
Coinbase International ALGO-PERP-INTX	+0.0080%	1h	0.1116	+0.682%	$88K	$290K	50x	as long as short
Hyperliquid ALGO	+0.0100%	1h	0.1111	+0.195%	$3.6M	$2.0M	5x	as long as short
Aster ALGOUSDT	+0.0100%	8h	0.1110	+0.097%	$44K	$38K	5x	as long as short
Binance ALGOUSDT	+0.0100%	8h	0.1110	+0.075%	$9.6M	$34.5M	75x	as long as short
Bybit ALGOUSDT	+0.0100%	8h	0.1109	−0.031%	$11.1M	$12.6M	75x	as long as short
OKX ALGO-USDT-SWAP	+0.0100%	8h	0.1109	+0.042%	$2.8M	$7.8M	50x	as long as short
Gate ALGO_USDTshort	+0.0100%	8h	0.1108	−0.076%	$861K	$905K	50x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ALGO_USDT	+0.0100%	8h	0.1111	+0.168%	$23.0M	$3.1M	200x	as long as short
KuCoin ALGOUSDTM	+0.0100%	8h	0.1109	+0.060%	$3.5M	$1.5M	50x	as long as short
Bitget ALGOUSDT	+0.0100%	8h	0.1110	+0.105%	$5.5M	$3.5M	75x	as long as short
BingX ALGO-USDT	+0.0100%	8h	0.1109	+0.051%	—	$3.3M	—	as long as short
Variational Omni ALGO	+0.0100%	8h	0.1107	−0.144%	$61K	$12K	—	as long as short
HTX ALGO-USDT	+0.0100%	8h	0.1109	+0.014%	$60K	$136K	75x	as long as short
Extended ALGO-USD	+0.0104%	1h	0.1110	+0.128%	$6K	$231K	10x	as long as short
Phemex ALGOUSDT	+0.0119%	8h	0.1110	+0.105%	$3.7M	$1.8M	50x	as long as short
BloFin ALGO-USDT	+0.0220%	8h	0.1109	+0.005%	$477K	$874K	75x	as long as short
GMX ALGO/USD [WBTC.b-USDC]	L +0.0318% / S −0.0264%	1h	0.1109	−0.016%	$6K	—	100x	as long as short
Kraken Futures PF_ALGOUSD	+0.0378%	1h	0.1109	+0.007%	$819K	$1.0M	50x	as long as short
dYdX ALGO-USDlong	+0.0875%	1h	0.1109	long leg	$160K	$4K	5x