Funding you earn now, next payment 08:00 UTC+0.0953%/8h= +104.4% APRpaid last 24h +0.509%
Price spread now: dYdX against HTX+0.174%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1491.494% of the position
Funding, last 7 days+1.546%+$155 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.174%, 7d avg +0.071%
=Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and dYdX is 0.104% dearer against HTX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ALGO-USDT | 0.1114 | 0.0100 | pay 0.0100% / 8h | 13m 42s | $58K | $137K | 75x |
| Short | dYdX ALGO-USD | 0.1116 | 0.1053 | get 0.0132% / 1h | 13m 42s | $161K | $5K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $200.17
- Price spread: +0.174% → +0.071%
- $10.36
- Slippage, 4 orders
- −$127.38
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $61.14
- Costs to cover
- 1.494%
- Break-even
- 4.9 days
Slippage from HTX: live order book, 23 min ago; dYdX: live order book, 25 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, 23 min ago | 9.00 bp | 36.3 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 25 min ago | 24.15 bp | 46.5 bp −$46 | 163.9 bp −$1,639 | 240.4 bp −$24.0K | 920.5 bp −$460.2K |
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 | −0.0264% | 1h | 0.1116 | +0.158% | $831K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0198% | 1h | 0.1115 | +0.081% | $88K | $46K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1115 | +0.072% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.539% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1117 | +0.260% | $3.4M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1117 | +0.230% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.176% | $9.5M | $34.5M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.144% | $11.3M | $13.0M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1115 | +0.126% | $2.7M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1114 | +0.018% | $839K | $955K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1115 | +0.135% | $23.5M | $3.2M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1115 | +0.063% | $3.5M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.180% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1115 | +0.108% | — | $3.4M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1112 | −0.208% | $61K | $12K | — | as long as short |
| HTX ALGO-USDTlong | +0.0100% | 8h | 0.1114 | long leg | $58K | $137K | 75x | |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.180% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1115 | +0.116% | $4K | $195K | 10x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1114 | +0.045% | $63K | $194K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1113 | −0.117% | $476K | $835K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0319% / S −0.0264% | 1h | 0.1113 | −0.054% | $6K | — | 100x | as long as short |
| dYdX ALGO-USDshort | +0.1053% | 1h | 0.1116 | +0.174% | $161K | $5K | 5x |
HTX ALGO-USDT
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
Phemex ALGOUSDT
Extended ALGO-USD
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]