Funding you earn now, next payment 23:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Gate against gTrade (Gains Network)+0.062%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.062% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ALGO/USD | 0.1123 | L +0.0001% / S +0.0003% | pay 0.0000% / 1h | 4m 36s | $6K | — | 150x |
| Short | Gate ALGO_USDT | 0.1124 | 0.0100 | get 0.0100% / 8h | 1h 04m | $887K | $856K | 50x |
gTrade (Gains Network) ALGO/USD
Gate ALGO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $20.88
- Price spread: +0.062% → 0.000%
- $6.23
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $2.12
- Costs to cover
- 0.250%
- Break-even
- 6.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: live order book, 12 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 Gate live order book, 12 min ago | 8.47 bp | 43.4 bp −$43 | 270.6 bp −$2,706 | 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 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 | −0.0462% | 1h | 0.1123 | −0.036% | $102K | $50K | 25x | as long as short |
| Injective ALGO/USDC PERP | −0.0295% | 1h | 0.1120 | −0.267% | $834 | $233K | 12x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0287% | 1h | 0.1123 | −0.022% | $835K | $1.2M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0097% | 8h | 0.1123 | −0.036% | $11.3M | $12.3M | 75x | as long as short |
| Variational Omni ALGO | −0.0086% | 8h | 0.1121 | −0.205% | $65K | $10K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0056% | 1h | 0.1121 | −0.214% | $62K | $332K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USDlong | L +0.0001% / S +0.0003% | 1h | 0.1123 | long leg | $6K | — | 150x | |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1125 | +0.151% | $3.8M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1123 | +0.031% | $44K | $36K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1123 | +0.018% | $9.9M | $34.8M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1123 | −0.027% | $3.0M | $7.7M | 50x | as long as short |
| Gate ALGO_USDTshort | +0.0100% | 8h | 0.1124 | +0.062% | $887K | $856K | 50x | |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1123 | +0.027% | $23.3M | $2.8M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1123 | +0.036% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1124 | +0.089% | $5.7M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1123 | −0.018% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1122 | −0.071% | $66K | $109K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1125 | +0.178% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1123 | −0.030% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1123 | +0.027% | $487K | $798K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0258% / S −0.0192% | 1h | 0.1123 | +0.023% | $5K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1517% | 1h | 0.1124 | +0.075% | $161K | $3K | 5x | as long as short |
OKX ALGO-USDT-SWAP
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