Funding you earn now, next payment 01:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: HTX against gTrade (Gains Network)+0.021%51s7-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 HTX is 0.021% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | 0.1121 | L +0.0001% / S +0.0003% | pay 0.0000% / 1h | 23m 32s | $6K | — | 150x |
| Short | HTX ALGO-USDT | 0.1121 | 0.0100 | get 0.0100% / 8h | 7h 23m | $68K | $110K | 75x |
gTrade (Gains Network) ALGO/USD
HTX ALGO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.021% → 0.000%
- $2.05
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $0.94
- Costs to cover
- 0.220%
- Break-even
- 6.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; HTX: live order book, 47 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 HTX live order book, 47 min ago | 11.56 bp | 47.7 bp −$48 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0565% | 1h | 0.1121 | −0.038% | $832K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0285% | 1h | 0.1120 | −0.078% | $101K | $50K | 25x | as long as short |
| Variational Omni ALGO | −0.0108% | 8h | 0.1115 | −0.509% | $61K | $11K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1117 | −0.363% | $70K | $258K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USDlong | L +0.0001% / S +0.0003% | 1h | 0.1121 | long leg | $6K | — | 150x | |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | −0.095% | $834 | $233K | 12x | as long as short |
| Extended ALGO-USD | +0.0096% | 1h | 0.1119 | −0.212% | $4K | $228K | 10x | as long as short |
| MEXC ALGO_USDT | +0.0097% | 8h | 0.1121 | −0.024% | $23.1M | $3.0M | 200x | as long as short |
| Binance ALGOUSDT | +0.0098% | 8h | 0.1120 | −0.125% | $10.0M | $34.4M | 75x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1123 | +0.145% | $3.7M | $1.8M | 5x | as long as short |
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
Injective ALGO/USDC PERP
Extended ALGO-USD
MEXC ALGO_USDT
Binance ALGOUSDT
Hyperliquid ALGOShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ALGOUSDT | +0.0100% | 8h | 0.1120 | −0.133% | $44K | $38K | 5x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1120 | −0.131% | $11.3M | $11.8M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1120 | −0.069% | $2.9M | $7.5M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1119 | −0.149% | $879K | $821K | 50x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1120 | −0.087% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1120 | −0.095% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1120 | −0.131% | — | $3.3M | — | as long as short |
| HTX ALGO-USDTshort | +0.0100% | 8h | 0.1121 | +0.021% | $68K | $110K | 75x | |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1122 | +0.083% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0216% | 8h | 0.1119 | −0.220% | $493K | $770K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0342% / S −0.0351% | 1h | 0.1121 | −0.016% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1229% | 1h | 0.1120 | −0.130% | $160K | $3K | 5x | as long as short |
Aster ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD