ALGO

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.93 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against KuCoin−0.073%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1631.626% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 7 days+0.033%+$3 · spread now −0.073%, 7d avg −0.062%

Together, before fees+0.057%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.062%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ALGOUSDTM	0.1089	0.0100	pay 0.0100% / 8h	5h 26m	$3.3M	$1.3M	50x
Short	OKX ALGO-USDT-SWAP	0.1088	0.0007	get 0.0007% / 8h	5h 26m	$2.6M	$7.8M	50x

Funding history

latest

Range statsloading…

OKX against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now −0.073%Rate

Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 4 min ago.

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	5.98 bp	46.5 bp −$46	203.6 bp −$2,036	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.46 bp	22.7 bp −$23	69.5 bp −$695	doesn't fit	doesn't fit

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	−0.0393%	1h	0.1089	+0.009%	$86K	$41K	25x	as long as short
Kraken Futures PF_ALGOUSD	−0.0315%	1h	0.1089	+0.020%	$795K	$1.1M	50x	as long as short
Bybit ALGOUSDT	−0.0273%	8h	0.1087	−0.101%	$10.5M	$13.3M	75x	as long as short
Variational Omni ALGO	−0.0013%	8h	0.1085	−0.336%	$58K	$13K	—	as long as short
gTrade (Gains Network) ALGO/USD	L −0.0001% / S +0.0003%	1h	0.1089	+0.051%	$16K	—	150x	as long as short
OKX ALGO-USDT-SWAPshort	+0.0007%	8h	0.1088	−0.073%	$2.6M	$7.8M	50x
Injective ALGO/USDC PERP	+0.0033%	1h	0.1120	+2.894%	$834	$233K	12x	as long as short
Coinbase International ALGO-PERP-INTX	+0.0088%	1h	0.1088	−0.018%	$62K	$172K	50x	as long as short
Hyperliquid ALGO	+0.0100%	1h	0.1089	+0.064%	$3.3M	$2.3M	5x	as long as short
Aster ALGOUSDT	+0.0100%	8h	0.1088	−0.016%	$43K	$36K	5x	as long as short

Show all 22 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ALGOUSDT	+0.0100%	8h	0.1088	−0.019%	$9.2M	$33.7M	75x	as long as short
Gate ALGO_USDT	+0.0100%	8h	0.1089	0.000%	$822K	$885K	50x	as long as short
MEXC ALGO_USDT	+0.0100%	8h	0.1088	−0.009%	$23.3M	$3.2M	200x	as long as short
KuCoin ALGOUSDTMlong	+0.0100%	8h	0.1089	long leg	$3.3M	$1.3M	50x
Bitget ALGOUSDT	+0.0100%	8h	0.1087	−0.138%	$5.3M	$3.5M	75x	as long as short
BingX ALGO-USDT	+0.0100%	8h	0.1088	−0.064%	—	$3.4M	—	as long as short
HTX ALGO-USDT	+0.0100%	8h	0.1089	+0.018%	$57K	$130K	75x	as long as short
Phemex ALGOUSDT	+0.0100%	8h	0.1091	+0.230%	$3.7M	$1.7M	50x	as long as short
Extended ALGO-USD	+0.0104%	1h	0.1088	−0.022%	$8K	$179K	10x	as long as short
BloFin ALGO-USDT	+0.0220%	8h	0.1086	−0.202%	$473K	$840K	75x	as long as short
GMX ALGO/USD [WBTC.b-USDC]	L +0.0315% / S −0.0264%	1h	0.1089	+0.050%	$6K	—	100x	as long as short
dYdX ALGO-USD	+0.1639%	1h	0.1089	+0.034%	$158K	$5K	5x	as long as short