Funding you earn now, next payment 00:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.035%
Price spread now: BloFin against Extended−0.222%94s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as 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−$520.521% of the position
Funding, last 7 days+0.284%+$28 on $10k
+Price spread, last 3 days (all we have)+0.358%+$36 · spread now −0.222%, 7d avg +0.011%
=Together, before fees+0.642%+ Points / potential airdropExtended: Active · farm board+$64 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.233% cheaper against Extended than usual: you would sell low and buy high (spread −0.222% now, against its 7-day average of +0.011%). If the spread goes back, that is −$23 on $10k: about 6.7 days of funding at the current rate (+$3 a day). The two prices were read 94 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 | Extended ALGO-USD | 0.1130 | 0.0104 | pay 0.0013% / 1h | 45m 41s | $7K | $210K | 10x |
| Short | BloFin ALGO-USDT | 0.1128 | 0.0220 | get 0.0220% / 8h | 45m 41s | $489K | $797K | 75x |
Extended ALGO-USD
BloFin ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- $24.36
- Price spread: −0.222% → +0.011%
- −$23.26
- Slippage, 4 orders
- −$35.12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.02
- Costs to cover
- 0.521%
- Break-even
- 21.7 days
Slippage from Extended: live order book, 31 min ago; BloFin: live order book, 31 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 Extended live order book, 31 min ago | 1.03 bp | 14.0 bp −$14 | 149.4 bp −$1,494 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 31 min ago | 0.45 bp | 16.2 bp −$16 | 29.5 bp −$295 | 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 | −0.0369% | 1h | 0.1131 | +0.035% | $102K | $50K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0157% | 1h | 0.1131 | +0.063% | $841K | $1.2M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0112% | 1h | 0.1121 | −0.850% | $62K | $332K | 50x | as long as short |
| Bybit ALGOUSDT | −0.0098% | 8h | 0.1129 | −0.063% | $11.3M | $12.2M | 75x | as long as short |
| Variational Omni ALGO | −0.0080% | 8h | 0.1127 | −0.310% | $65K | $10K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1131 | +0.070% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0026% | 1h | 0.1120 | −0.903% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1133 | +0.238% | $3.8M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1131 | +0.026% | $45K | $36K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1130 | +0.019% | $10.0M | $34.7M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
Bybit ALGOUSDT
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1129 | −0.072% | $3.0M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1130 | −0.054% | $891K | $834K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1130 | +0.008% | $23.2M | $2.9M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1131 | +0.070% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1131 | +0.070% | $5.7M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1130 | −0.036% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1129 | −0.116% | $67K | $109K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1132 | +0.159% | $3.9M | $1.8M | 50x | as long as short |
| Extended ALGO-USDlong | +0.0104% | 1h | 0.1130 | long leg | $7K | $210K | 10x | |
| BloFin ALGO-USDTshort | +0.0220% | 8h | 0.1128 | −0.222% | $489K | $797K | 75x | |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0314% / S −0.0298% | 1h | 0.1131 | +0.073% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1610% | 1h | 0.1131 | +0.050% | $162K | $3K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD