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

ALGO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Aster+0.041%7-day average · you sell dearer than you buy
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 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.041% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALGOUSDT0.11170.0100pay 0.0100% / 8h4h 03m$44K$38K5x
ShortExtended ALGO-USD0.11170.0104get 0.0013% / 1h3m 48s$4K$235K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.041% → 0.000%
$4.14
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$8.02
Costs to cover
0.130%
Break-even
73.8 days
Slippage unknown: Aster: no order-book sample; Extended: live order book, 53 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 Extended live order book, 53 min ago0.85 bp13.8 bp −$14142.0 bp −$1,420doesn'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 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
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1116−0.066%$16K150xas long as short
Deribit ALGO_USDC-PERPETUAL0.0000%1h0.1116−0.038%$89K$44K25xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.312%$834$233K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0080%1h0.1116−0.011%$88K$284K50xas long as short
Hyperliquid ALGO+0.0100%1h0.1119+0.213%$3.6M$2.0M5xas long as short
Aster ALGOUSDTlong+0.0100%8h0.1117long leg$44K$38K5x
Binance ALGOUSDT+0.0100%8h0.1118+0.106%$9.7M$34.4M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1116−0.011%$11.2M$12.5M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1118+0.106%$2.8M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1115−0.127%$866K$905K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1118+0.106%$23.1M$3.1M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1117+0.070%$3.5M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1118+0.132%$5.5M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1117+0.025%$3.3Mas long as short
Variational Omni ALGO+0.0100%8h0.1114−0.248%$61K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1116−0.047%$60K$136K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1118+0.132%$3.8M$1.8M50xas long as short
Extended ALGO-USDshort+0.0104%1h0.1117+0.041%$4K$235K10x
BloFin ALGO-USDT+0.0220%8h0.1115−0.136%$479K$879K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0319% / S −0.0264%1h0.1116−0.021%$6K100xas long as short
Kraken Futures PF_ALGOUSD+0.0375%1h0.1117+0.044%$825K$1.0M50xas long as short
dYdX ALGO-USD+0.0887%1h0.1116−0.020%$161K$4K5xas long as short