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: Binance against Aster−0.151%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.151% cheaper against Aster than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALGOUSDT0.11180.0100pay 0.0100% / 8h6h 31m$44K$39K5x
ShortBinance ALGOUSDT0.11160.0100get 0.0100% / 8h6h 31m$9.9M$34.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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: −0.151% → 0.000%
−$15.06
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$33.06
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Binance live order book, 10 min ago0.90 bp14.2 bp −$1444.1 bp −$441doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ALGO on 21 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
Coinbase International ALGO-PERP-INTX−0.0064%1h0.1117−0.055%$71K$289K50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0018%1h0.1118−0.019%$101K$49K25xas long as short
Variational Omni ALGO−0.0005%8h0.1113−0.406%$61K$12Kas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1118+0.026%$6K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.187%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1118+0.044%$3.6M$2.0M5xas long as short
Aster ALGOUSDTlong+0.0100%8h0.1118long leg$44K$39K5x
Binance ALGOUSDTshort+0.0100%8h0.1116−0.151%$9.9M$34.9M75x
Bybit ALGOUSDT+0.0100%8h0.1116−0.126%$11.5M$12.4M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1116−0.171%$2.9M$7.7M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h0.1117−0.082%$873K$857K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1116−0.144%$22.9M$3.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1116−0.126%$3.5M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1117−0.082%$5.6M$3.6M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1116−0.171%$3.4Mas long as short
HTX ALGO-USDT+0.0100%8h0.1119+0.080%$61K$143K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1120+0.187%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1116−0.137%$8K$224K10xas long as short
Kraken Futures PF_ALGOUSD+0.0262%1h0.1117−0.069%$829K$1.1M50xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0343% / S −0.0313%1h0.1118−0.013%$7K100xas long as short
dYdX ALGO-USD+0.1426%1h0.1117−0.074%$161K$4K5xas long as short