Funding you earn now, next payment 06:00 UTC+0.1211%/8h= +132.6% APRnext payment +$1.51 per $10,000 · paid last 24h +0.534%
Price spread now: dYdX against Extended+0.023%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2382.377% of the position
Funding, last 7 days+1.640%+$164 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.023%, 7d avg +0.058%
=Together, before fees+1.662%+ Points / potential airdropExtended: Active · farm board+$166 on $10k · with fees, hour by hour
Funding pays, the price is against you. dYdX is 0.036% cheaper against Extended than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.058%). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$36 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ALGO-USD | 0.1105 | 0.0104 | pay 0.0013% / 1h | 8m 42s | $7K | $196K | 10x |
| Short | dYdX ALGO-USD | 0.1105 | 0.1315 | get 0.0164% / 1h | 8m 42s | $159K | $5K | 5x |
Extended ALGO-USD
dYdX ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $254.29
- Price spread: +0.023% → +0.058%
- −$3.56
- Slippage, 4 orders
- −$222.71
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $13.01
- Costs to cover
- 2.377%
- Break-even
- 6.6 days
Slippage from Extended: live order book, 37 min ago; dYdX: live order book, 40 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, 37 min ago | 0.87 bp | 13.5 bp −$14 | 122.3 bp −$1,223 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 40 min ago | 92.80 bp | 113.5 bp −$113 | 256.1 bp −$2,561 | 311.4 bp −$31.1K | 1278.7 bp −$639.4K |
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 | −0.0202% | 1h | 0.1105 | +0.019% | $87K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1106 | +0.097% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.395% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1105 | −0.008% | $3.4M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.006% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.008% | $9.4M | $34.6M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1104 | −0.081% | $11.0M | $12.6M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1105 | +0.010% | $2.7M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1103 | −0.171% | $833K | $933K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1104 | −0.017% | $23.0M | $3.2M | 200x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1104 | −0.044% | $3.4M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1105 | +0.037% | $5.5M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1104 | −0.063% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1103 | −0.121% | $60K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1105 | +0.073% | $60K | $135K | 75x | as long as short |
| Extended ALGO-USDlong | +0.0104% | 1h | 0.1105 | long leg | $7K | $196K | 10x | |
| Phemex ALGOUSDT | +0.0107% | 8h | 0.1106 | +0.128% | $3.7M | $1.8M | 50x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0112% | 1h | 0.1104 | −0.073% | $820K | $1.1M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1106 | +0.137% | $62K | $248K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1105 | +0.010% | $467K | $885K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0318% / S −0.0264% | 1h | 0.1105 | +0.052% | $6K | — | 100x | as long as short |
| dYdX ALGO-USDshort | +0.1315% | 1h | 0.1105 | +0.023% | $159K | $5K | 5x |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Phemex ALGOUSDT
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]