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−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Aster against Extended+0.008%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 airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ALGO-USD0.11240.0104pay 0.0013% / 1h8m 52s$7K$210K10x
ShortAster ALGOUSDT0.11240.0100get 0.0100% / 8h8m 52s$44K$36K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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: +0.008% → 0.000%
$0.83
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$13.01
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 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 Extended live order book, 3 min ago1.38 bp13.8 bp −$14125.0 bp −$1,250doesn'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−0.0461%1h0.1125+0.079%$102K$50K25xas long as short
Kraken Futures PF_ALGOUSD−0.0157%1h0.1125+0.073%$837K$1.1M50xas long as short
Bybit ALGOUSDT−0.0145%8h0.1124−0.055%$11.3M$11.9M75xas long as short
Variational Omni ALGO−0.0127%8h0.1122−0.207%$62K$12Kas long as short
Coinbase International ALGO-PERP-INTX−0.0112%1h0.1124+0.016%$62K$299K50xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1125+0.114%$6K150xas long as short
Injective ALGO/USDC PERP+0.0026%1h0.1120−0.366%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1126+0.168%$3.8M$1.9M5xas long as short
Aster ALGOUSDTshort+0.0100%8h0.1124+0.008%$44K$36K5x
Binance ALGOUSDT+0.0100%8h0.1124+0.013%$10.0M$34.2M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1124−0.028%$3.0M$7.6M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1125+0.070%$884K$837K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1124+0.016%$23.1M$3.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1125+0.114%$3.6M$1.4M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1125+0.079%$5.7M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1124+0.008%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1124−0.046%$66K$107K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1126+0.168%$3.8M$1.8M50xas long as short
Extended ALGO-USDlong+0.0104%1h0.1124long leg$7K$210K10x
BloFin ALGO-USDT+0.0220%8h0.1124−0.010%$491K$799K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0331% / S −0.0330%1h0.1125+0.120%$7K100xas long as short
dYdX ALGO-USD+0.1332%1h0.1125+0.067%$161K$3K5xas long as short