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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Aster against BloFin+0.045%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 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.045% dearer against BloFin than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 30 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ALGO-USDT0.11240.0220pay 0.0220% / 8h2m 46s$492K$794K75x
ShortAster ALGOUSDT0.11240.0100get 0.0100% / 8h2m 46s$44K$36K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$25.2
Price spread: +0.045% → 0.000%
$4.45
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$40.75
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 9 min ago; Aster: no order-book sample. 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 BloFin live order book, 9 min ago0.89 bp11.6 bp −$1223.7 bp −$237doesn't fitdoesn't fit
Sell Aster no order-book sample
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
Deribit ALGO_USDC-PERPETUAL−0.0283%1h0.1124+0.053%$102K$50K25xas long as short
Kraken Futures PF_ALGOUSD−0.0157%1h0.1124+0.087%$836K$1.1M50xas long as short
Bybit ALGOUSDT−0.0148%8h0.1123−0.071%$11.3M$12.0M75xas long as short
Variational Omni ALGO−0.0132%8h0.1120−0.267%$62K$12Kas long as short
Coinbase International ALGO-PERP-INTX−0.0112%1h0.1124+0.071%$62K$298K50xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1125+0.098%$6K150xas long as short
Injective ALGO/USDC PERP+0.0026%1h0.1120−0.312%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1125+0.160%$3.8M$1.9M5xas long as short
Aster ALGOUSDTshort+0.0100%8h0.1124+0.045%$44K$36K5x
Binance ALGOUSDT+0.0100%8h0.1123−0.007%$10.0M$34.2M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1123−0.036%$3.0M$7.6M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1124+0.009%$883K$837K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1123−0.018%$23.1M$3.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1124+0.080%$3.6M$1.4M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1124+0.045%$5.7M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1123−0.045%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1123−0.027%$66K$107K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1126+0.223%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1123−0.002%$7K$210K10xas long as short
BloFin ALGO-USDTlong+0.0220%8h0.1124long leg$492K$794K75x
GMX ALGO/USD [WBTC.b-USDC]L +0.0333% / S −0.0335%1h0.1124+0.085%$7K100xas long as short
dYdX ALGO-USD+0.1343%1h0.1124+0.082%$161K$3K5xas long as short