Funding you earn now, next payment 05:00 UTC+0.1047%/8h= +114.6% APRpaid last 24h +0.543%
Price spread now: dYdX against KuCoin+0.036%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2362.358% of the position
Funding, last 7 days+1.677%+$168 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.036%, 7d avg +0.004%
=Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and dYdX is 0.032% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALGOUSDTM | 0.1110 | 0.0100 | pay 0.0100% / 8h | 3h 13m | $3.5M | $1.4M | 50x |
| Short | dYdX ALGO-USD | 0.1111 | 0.1147 | get 0.0143% / 1h | 13m 42s | $160K | $4K | 5x |
KuCoin ALGOUSDTM
dYdX ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against KuCoin. 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
- $219.85
- Price spread: +0.036% → +0.004%
- $3.16
- Slippage, 4 orders
- −$213.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$12.8
- Costs to cover
- 2.358%
- Break-even
- 7.4 days
Slippage from KuCoin: live order book, 4 min ago; dYdX: live order book, 40 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 KuCoin live order book, 4 min ago | 6.29 bp | 54.9 bp −$55 | 228.5 bp −$2,285 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 40 min ago | 37.92 bp | 50.6 bp −$51 | 212.3 bp −$2,123 | 247.1 bp −$24.7K | 1270.4 bp −$635.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0200% | 1h | 0.1110 | 0.000% | $88K | $45K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1111 | +0.045% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.855% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1112 | +0.135% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1111 | +0.038% | $44K | $36K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1110 | −0.031% | $9.7M | $34.5M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1110 | −0.081% | $11.1M | $12.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1110 | 0.000% | $2.7M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1110 | −0.072% | $856K | $907K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1110 | −0.027% | $23.1M | $3.1M | 200x | as long as short |
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_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTMlong | +0.0100% | 8h | 0.1110 | long leg | $3.5M | $1.4M | 50x | |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1111 | +0.045% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1110 | −0.027% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1111 | +0.005% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1111 | +0.081% | $60K | $135K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1113 | +0.225% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1110 | −0.029% | $4K | $209K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0131% | 1h | 0.1111 | +0.057% | $839K | $1.1M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0168% | 1h | 0.1112 | +0.108% | $64K | $304K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1112 | +0.117% | $480K | $871K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0318% / S −0.0264% | 1h | 0.1111 | +0.050% | $6K | — | 100x | as long as short |
| dYdX ALGO-USDshort | +0.1147% | 1h | 0.1111 | +0.036% | $160K | $4K | 5x |
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]