Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Hyperliquid against Extended+0.126%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$690.688% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.126%, 7d avg +0.122%
=Together, before fees+0.044%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ALGO-USD | 0.1098 | 0.0104 | pay 0.0013% / 1h | 15m 09s | $7K | $196K | 10x |
| Short | Hyperliquid ALGO | 0.1100 | 0.0100 | get 0.0013% / 1h | 15m 09s | $3.4M | $2.3M | 5x |
Extended ALGO-USD
Hyperliquid ALGOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- −$0.84
- Price spread: +0.126% → +0.122%
- $0.42
- Slippage, 4 orders
- −$54.85
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$69.27
- Costs to cover
- 0.688%
- Break-even
- never at this rate
Slippage from Extended: live order book, 31 min ago; Hyperliquid: live order book, 6 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 | 0.87 bp | 13.5 bp −$14 | 122.3 bp −$1,223 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.82 bp | 8.5 bp −$9 | doesn't fit | 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 | −0.0205% | 1h | 0.1099 | +0.053% | $87K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1100 | +0.109% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.974% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGOshort | +0.0100% | 1h | 0.1100 | +0.126% | $3.4M | $2.3M | 5x | |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1099 | +0.034% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1099 | +0.026% | $9.4M | $34.6M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1098 | −0.047% | $10.9M | $12.6M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1098 | −0.001% | $2.7M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1097 | −0.129% | $830K | $933K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1099 | +0.017% | $22.8M | $3.2M | 200x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
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 | 0.1098 | −0.020% | $3.4M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1099 | +0.062% | $5.4M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1099 | +0.026% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1097 | −0.159% | $60K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1099 | +0.044% | $59K | $135K | 75x | as long as short |
| Extended ALGO-USDlong | +0.0104% | 1h | 0.1098 | long leg | $7K | $196K | 10x | |
| Kraken Futures PF_ALGOUSD | +0.0112% | 1h | 0.1099 | +0.081% | $817K | $1.1M | 50x | as long as short |
| Phemex ALGOUSDT | +0.0128% | 8h | 0.1101 | +0.245% | $3.7M | $1.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1102 | +0.363% | $62K | $247K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1099 | +0.099% | $467K | $882K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0317% / S −0.0264% | 1h | 0.1099 | +0.070% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1368% | 1h | 0.1098 | +0.008% | $158K | $5K | 5x | as long as short |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Kraken Futures PF_ALGOUSD
Phemex ALGOUSDT
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD