Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against HTX−0.454%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$910.911% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)+0.548%+$55 · spread now −0.454%, 7d avg +0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.503% cheaper against HTX than usual: you would sell low and buy high, −$50 on $10k if it goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ALGO-USDT | 0.1093 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $59K | $135K | 75x |
| Short | Binance ALGOUSDT | 0.1088 | 0.0100 | get 0.0100% / 8h | 2h 33m | $9.4M | $34.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- Price spread: −0.454% → +0.049%
- −$50.31
- Slippage, 4 orders
- −$69.12
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$141.44
- Costs to cover
- 0.911%
- Break-even
- never at this rate
Slippage from HTX: live order book, 13 min ago; Binance: live order book, 8 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 HTX live order book, 13 min ago | 8.20 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.46 bp | 12.2 bp −$12 | 29.9 bp −$299 | 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 | −0.0391% | 1h | 0.1092 | −0.146% | $86K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1089 | −0.410% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +2.452% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1088 | −0.494% | $3.4M | $2.2M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1090 | −0.335% | $43K | $37K | 5x | as long as short |
| Binance ALGOUSDTshort | +0.0100% | 8h | 0.1088 | −0.454% | $9.4M | $34.9M | 75x | |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1088 | −0.503% | $10.9M | $12.7M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1088 | −0.512% | $2.7M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1089 | −0.412% | $833K | $925K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1088 | −0.448% | $22.6M | $3.2M | 200x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1088 | −0.457% | $3.4M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1088 | −0.476% | $5.4M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1088 | −0.485% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1094 | +0.090% | $60K | $12K | — | as long as short |
| HTX ALGO-USDTlong | +0.0100% | 8h | 0.1093 | long leg | $59K | $135K | 75x | |
| Extended ALGO-USD | +0.0104% | 1h | 0.1089 | −0.384% | $4K | $195K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0113% | 1h | 0.1092 | −0.083% | $822K | $1.1M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1106 | +1.171% | $63K | $287K | 50x | as long as short |
| Phemex ALGOUSDT | +0.0152% | 8h | 0.1095 | +0.165% | $3.7M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1098 | +0.393% | $475K | $870K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0316% / S −0.0264% | 1h | 0.1088 | −0.439% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.2101% | 1h | 0.1090 | −0.313% | $157K | $5K | 5x | as long as short |
HTX ALGO-USDT
Binance ALGOUSDT
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]