Funding you earn now, next payment 23:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.057%
Price spread now: Aster against GMX−0.085%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aster is 0.085% cheaper against GMX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ALGO/USD [WBTC.b-USDC] | 0.1122 | L +0.0256% / S −0.0190% | pay 0.0032% / 1h | 15m 53s | $5K | — | 100x |
| Short | Aster ALGOUSDT | 0.1121 | 0.0100 | get 0.0100% / 8h | 1h 15m | $44K | $36K | 5x |
GMX ALGO/USD [WBTC.b-USDC]
Aster ALGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GMX. 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
- −$32.83
- Price spread: −0.085% → 0.000%
- −$8.54
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$61.37
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Aster: no order-book sample. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
GMX and Aster: 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 | −0.0641% | 1h | 0.1121 | −0.088% | $102K | $50K | 25x | as long as short |
| Injective ALGO/USDC PERP | −0.0295% | 1h | 0.1120 | −0.195% | $834 | $233K | 12x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0287% | 1h | 0.1121 | −0.093% | $835K | $1.1M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0104% | 8h | 0.1119 | −0.266% | $11.3M | $12.3M | 75x | as long as short |
| Variational Omni ALGO | −0.0082% | 8h | 0.1121 | −0.132% | $65K | $10K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0056% | 1h | 0.1121 | −0.142% | $62K | $332K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1122 | −0.026% | $6K | — | 150x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1122 | −0.017% | $3.7M | $1.9M | 5x | as long as short |
| Aster ALGOUSDTshort | +0.0100% | 8h | 0.1121 | −0.085% | $44K | $36K | 5x | |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1120 | −0.177% | $9.8M | $34.9M | 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
gTrade (Gains Network) ALGO/USD
Hyperliquid ALGO
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 | 0.1120 | −0.204% | $3.0M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1121 | −0.097% | $889K | $854K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1120 | −0.186% | $23.3M | $2.8M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1120 | −0.168% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1121 | −0.106% | $5.6M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1120 | −0.195% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1121 | −0.097% | $66K | $109K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1123 | +0.072% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1120 | −0.209% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1120 | −0.186% | $487K | $793K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC]long | L +0.0256% / S −0.0190% | 1h | 0.1122 | long leg | $5K | — | 100x | |
| dYdX ALGO-USD | +0.1507% | 1h | 0.1122 | −0.012% | $161K | $3K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
dYdX ALGO-USD