Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
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: KuCoin against HTX−0.118%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$1981.983% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.176%−$18 on $10k
Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.118%, 7d avg +0.065%
Together, before fees+0.133%+$13 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: KuCoin is 0.183% cheaper against HTX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ALGO-USDT0.11060.0100pay 0.0100% / 8h1h 15m$60K$135K75x
ShortKuCoin ALGOUSDTM0.11050.0100get 0.0100% / 8h1h 15m$3.5M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.118% → +0.065%
−$18.27
Slippage, 4 orders
−$174.32
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$216.59
Costs to cover
1.983%
Break-even
never at this rate
Slippage from HTX: live order book, 26 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 26 min ago6.35 bp27.6 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago5.88 bp87.6 bp −$88228.8 bp −$2,288doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0273%1h0.1106+0.017%$822K$1.1M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0202%1h0.1106−0.045%$87K$45K25xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1106−0.016%$16K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+1.257%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1107+0.081%$3.4M$2.3M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1105−0.098%$44K$36K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1106−0.027%$9.4M$34.5M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1105−0.136%$10.9M$12.8M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1105−0.063%$2.7M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1104−0.163%$834K$944K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1105−0.081%$23.0M$3.2M200xas long as short
KuCoin ALGOUSDTMshort+0.0100%8h0.1105−0.118%$3.5M$1.4M50x
Bitget ALGOUSDT+0.0100%8h0.1106−0.009%$5.5M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1105−0.081%$3.4Mas long as short
Variational Omni ALGO+0.0100%8h0.1105−0.140%$60K$12Kas long as short
HTX ALGO-USDTlong+0.0100%8h0.1106long leg$60K$135K75x
Phemex ALGOUSDT+0.0100%8h0.1108+0.172%$3.7M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1105−0.112%$4K$199K10xas long as short
Coinbase International ALGO-PERP-INTX+0.0136%1h0.1109+0.307%$63K$195K50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1107+0.054%$470K$874K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0318% / S −0.0264%1h0.1106−0.009%$6K100xas long as short
dYdX ALGO-USD+0.0916%1h0.1107+0.068%$160K$5K5xas long as short