Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended−0.067%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$1931.925% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.067%, 7d avg +0.053%
=Together, before fees+0.034%+ Points / potential airdropExtended: Active · farm board+$3 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: KuCoin is 0.121% cheaper against Extended than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ALGO-USD | 0.1113 | 0.0104 | pay 0.0013% / 1h | 18m 15s | $4K | $219K | 10x |
| Short | KuCoin ALGOUSDTM | 0.1113 | 0.0100 | get 0.0100% / 8h | 3h 18m | $3.5M | $1.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.067% → +0.053%
- −$12.08
- Slippage, 4 orders
- −$175.51
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$205.43
- Costs to cover
- 1.925%
- Break-even
- never at this rate
Slippage from Extended: live order book, 34 min ago; KuCoin: live order book, 4 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, 34 min ago | 1.35 bp | 13.5 bp −$13 | 124.5 bp −$1,245 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 6.77 bp | 101.5 bp −$101 | 217.7 bp −$2,177 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1114 | +0.024% | $16K | — | 150x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | 0.0000% | 1h | 0.1114 | +0.067% | $88K | $45K | 25x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.588% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1115 | +0.175% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1114 | +0.014% | $44K | $36K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1114 | +0.028% | $9.7M | $34.5M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1113 | −0.023% | $11.2M | $12.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1114 | +0.076% | $2.7M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1113 | −0.058% | $858K | $907K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1113 | −0.005% | $23.2M | $3.1M | 200x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTMshort | +0.0100% | 8h | 0.1113 | −0.067% | $3.5M | $1.4M | 50x | |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1113 | −0.041% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1114 | +0.013% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1110 | −0.296% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1114 | +0.013% | $60K | $135K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1114 | +0.049% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USDlong | +0.0104% | 1h | 0.1113 | long leg | $4K | $219K | 10x | |
| Kraken Futures PF_ALGOUSD | +0.0131% | 1h | 0.1115 | +0.156% | $842K | $1.1M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0168% | 1h | 0.1112 | −0.157% | $64K | $304K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1112 | −0.157% | $483K | $875K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0318% / S −0.0264% | 1h | 0.1114 | +0.083% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1168% | 1h | 0.1111 | −0.181% | $160K | $4K | 5x | as long as short |
Extended ALGO-USD
KuCoin ALGOUSDTM
gTrade (Gains Network) ALGO/USD
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
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]