Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.116%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 7 days−0.189%−$19 · spread now +0.116%, 7d avg +0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.099% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ALGO-USDT-SWAP | 0.1122 | 0.0100 | pay 0.0100% / 8h | 24m 02s | $3.0M | $7.6M | 50x |
| Short | Bitget ALGOUSDT | 0.1123 | 0.0100 | get 0.0100% / 8h | 24m 02s | $5.6M | $3.5M | 75x |
OKX ALGO-USDT-SWAP
Bitget ALGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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: +0.116% → +0.017%
- $9.87
- Slippage, 4 orders
- −$43.57
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$55.7
- Costs to cover
- 0.656%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 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 OKX live order book, 4 min ago | 0.89 bp | 15.0 bp −$15 | 58.1 bp −$581 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.45 bp | 17.2 bp −$17 | 37.9 bp −$379 | 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 | −0.0551% | 1h | 0.1122 | +0.053% | $102K | $50K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0158% | 1h | 0.1122 | +0.038% | $835K | $1.1M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0131% | 8h | 0.1121 | −0.036% | $11.2M | $12.0M | 75x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0112% | 1h | 0.1130 | +0.740% | $62K | $303K | 50x | as long as short |
| Variational Omni ALGO | −0.0109% | 8h | 0.1123 | +0.073% | $62K | $13K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1124 | +0.168% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0026% | 1h | 0.1120 | −0.152% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1124 | +0.196% | $3.7M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1122 | +0.019% | $44K | $35K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1122 | +0.034% | $10.0M | $34.3M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAPlong | +0.0100% | 8h | 0.1122 | long leg | $3.0M | $7.6M | 50x | |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1124 | +0.205% | $887K | $835K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1122 | +0.027% | $23.0M | $2.9M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1123 | +0.116% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDTshort | +0.0100% | 8h | 0.1123 | +0.116% | $5.6M | $3.5M | 75x | |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1122 | +0.009% | — | $3.4M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1121 | −0.027% | $66K | $107K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1125 | +0.294% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1122 | +0.026% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1123 | +0.089% | $494K | $790K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0324% / S −0.0317% | 1h | 0.1123 | +0.105% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1328% | 1h | 0.1124 | +0.189% | $161K | $3K | 5x | as long as short |
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD