Funding you earn now, next payment 11:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.030%
Price spread now: Binance against gTrade (Gains Network)−0.377%302s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Binance is 0.377% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.377% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 12 days of funding at the current rate (+$3 a day). The two prices were read 302 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 | gTrade (Gains Network) ALGO/USD | 0.1102 | L −0.0001% / S +0.0003% | get 0.0000% / 1h | 48m 22s | $16K | — | 150x |
| Short | Binance ALGOUSDT | 0.1098 | 0.0100 | get 0.0100% / 8h | 5h 48m | $9.2M | $33.7M | 75x |
gTrade (Gains Network) ALGO/USD
Binance ALGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against gTrade (Gains Network). 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
- $21.19
- Price spread: −0.377% → 0.000%
- −$37.75
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$36.55
- Costs to cover
- 0.200%
- Break-even
- 19.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 1 min ago. Net counts fees only.
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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 1 min ago | 0.46 bp | 13.8 bp −$14 | 33.5 bp −$335 | doesn't fit | doesn't fit |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALGO on 22 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.0329% | 8h | 0.1097 | −0.459% | $10.6M | $13.3M | 75x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0313% | 1h | 0.1098 | −0.344% | $807K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0296% | 1h | 0.1098 | −0.341% | $86K | $41K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USDlong | L −0.0001% / S +0.0003% | 1h | 0.1102 | long leg | $16K | — | 150x | |
| Variational Omni ALGO | +0.0017% | 8h | 0.1098 | −0.358% | $59K | $13K | — | as long as short |
| OKX ALGO-USDT-SWAP | +0.0030% | 8h | 0.1097 | −0.396% | $2.6M | $7.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.665% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0088% | 1h | 0.1105 | +0.339% | $63K | $176K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1099 | −0.241% | $3.4M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1099 | −0.237% | $44K | $37K | 5x | as long as short |
Bybit ALGOUSDT
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
Variational Omni ALGO
OKX ALGO-USDT-SWAP
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ALGOUSDTshort | +0.0100% | 8h | 0.1098 | −0.377% | $9.2M | $33.7M | 75x | |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1096 | −0.477% | $826K | $880K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1098 | −0.359% | $23.5M | $3.2M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1099 | −0.269% | $3.4M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1098 | −0.332% | $5.4M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1097 | −0.387% | — | $3.4M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1097 | −0.414% | $57K | $129K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1100 | −0.151% | $3.7M | $1.7M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1097 | −0.410% | $4K | $179K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1099 | −0.269% | $472K | $808K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0321% / S −0.0273% | 1h | 0.1099 | −0.218% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1375% | 1h | 0.1099 | −0.247% | $159K | $5K | 5x | as long as short |
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD