Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: HTX against Extended−0.161%55s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$880.881% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.121%+$12 on $10k
Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.161%, 7d avg −0.012%
Together, before fees+0.252%+ Points / potential airdropExtended: Active · farm board+$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.149% cheaper against Extended than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ALGO-USD0.11150.0104pay 0.0013% / 1h10m 24s$4K$195K10x
ShortHTX ALGO-USDT0.11130.0100get 0.0100% / 8h10m 24s$58K$137K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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

Funding earned
−$0.84
Price spread: −0.161% → −0.012%
−$14.86
Slippage, 4 orders
−$71.07
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$103.77
Costs to cover
0.881%
Break-even
never at this rate
Slippage from Extended: live order book, 26 min ago; HTX: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 26 min ago1.98 bp15.3 bp −$15110.4 bp −$1,104doesn't fitdoesn't fit
Sell HTX live order book, 26 min ago9.00 bp21.6 bp −$22doesn't fitdoesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0264%1h0.1116+0.078%$833K$1.1M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0019%1h0.1116+0.063%$88K$46K25xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1116+0.069%$16K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.449%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1117+0.162%$3.4M$2.3M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1116+0.063%$44K$37K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1115+0.027%$9.5M$34.4M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1115+0.009%$11.3M$13.0M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1115+0.027%$2.7M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1114−0.071%$839K$955K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1115+0.027%$23.5M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1115−0.018%$3.5M$1.4M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.11150.000%$5.5M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.11150.000%$3.4Mas long as short
Variational Omni ALGO+0.0100%8h0.1113−0.187%$61K$12Kas long as short
HTX ALGO-USDTshort+0.0100%8h0.1113−0.161%$58K$137K75x
Phemex ALGOUSDT+0.0100%8h0.1116+0.090%$3.8M$1.8M50xas long as short
Extended ALGO-USDlong+0.0104%1h0.1115long leg$4K$195K10x
Coinbase International ALGO-PERP-INTX+0.0144%1h0.1117+0.144%$63K$194K50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1114−0.098%$477K$835K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0319% / S −0.0264%1h0.1116+0.097%$6K100xas long as short
dYdX ALGO-USD+0.1036%1h0.1114−0.100%$161K$5K5xas long as short