Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Gate+0.105%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1141.139% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.105%, 7d avg +0.018%
=Together, before fees−0.090%+ Points / potential airdropExtended: Active · farm board−$9 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: Extended is 0.087% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ALGO_USDT | 0.1128 | 0.0100 | pay 0.0100% / 8h | 5h 11m | $874K | $902K | 50x |
| Short | Extended ALGO-USD | 0.1130 | 0.0104 | get 0.0013% / 1h | 11m 02s | $4K | $227K | 10x |
Gate ALGO_USDT
Extended ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Gate. 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: +0.105% → +0.018%
- $8.69
- Slippage, 4 orders
- −$93.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$104.39
- Costs to cover
- 1.139%
- Break-even
- 876.9 days
Slippage from Gate: live order book, 51 min ago; Extended: live order book, 51 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 Gate live order book, 51 min ago | 8.99 bp | 45.3 bp −$45 | 381.4 bp −$3,814 | doesn't fit | doesn't fit |
| Sell Extended live order book, 51 min ago | 0.76 bp | 12.9 bp −$13 | 116.5 bp −$1,165 | 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 | −0.0015% | 1h | 0.1130 | +0.168% | $90K | $45K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1130 | +0.121% | $17K | — | 150x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0032% | 1h | 0.1131 | +0.266% | $70K | $275K | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | −0.744% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1132 | +0.354% | $3.8M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1129 | +0.085% | $45K | $40K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1131 | +0.195% | $9.9M | $34.7M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1130 | +0.160% | $11.8M | $12.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1130 | +0.186% | $2.9M | $7.8M | 50x | as long as short |
| Gate ALGO_USDTlong | +0.0100% | 8h | 0.1128 | long leg | $874K | $902K | 50x |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Coinbase International ALGO-PERP-INTX
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1130 | +0.142% | $23.1M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1130 | +0.160% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1130 | +0.142% | $5.6M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1130 | +0.106% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1128 | −0.059% | $62K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1130 | +0.142% | $60K | $141K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0103% | 8h | 0.1132 | +0.319% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USDshort | +0.0104% | 1h | 0.1130 | +0.105% | $4K | $227K | 10x | |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1129 | +0.035% | $493K | $924K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0344% / S −0.0313% | 1h | 0.1130 | +0.147% | $7K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0349% | 1h | 0.1131 | +0.191% | $836K | $1.0M | 50x | as long as short |
| dYdX ALGO-USD | +0.1985% | 1h | 0.1129 | +0.011% | $163K | $4K | 5x | as long as short |
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD
dYdX ALGO-USD