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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0101%/8h= +11.0% APRpaid last 24h +0.030%
Price spread now: Aster against gTrade (Gains Network)+0.010%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 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ALGO/USD0.1109L −0.0001% / S +0.0003%get 0.0000% / 1h49m 03s$16K150x
ShortAster ALGOUSDT0.11100.0100get 0.0100% / 8h4h 49m$44K$38K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). 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
$21.18
Price spread: +0.010% → 0.000%
$1.01
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$4.2
Costs to cover
0.180%
Break-even
5.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell Aster no order-book sample
gTrade (Gains Network) and 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−0.0471%1h0.1108−0.099%$88K$44K25xas long as short
gTrade (Gains Network) ALGO/USDlongL −0.0001% / S +0.0003%1h0.1109long leg$16K150x
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.955%$834$233K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0080%1h0.1116+0.631%$88K$291K50xas long as short
Hyperliquid ALGO+0.0100%1h0.1110+0.063%$3.7M$2.0M5xas long as short
Aster ALGOUSDTshort+0.0100%8h0.1110+0.010%$44K$38K5x
Binance ALGOUSDT+0.0100%8h0.1108−0.099%$9.7M$34.7M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1108−0.126%$11.4M$12.5M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1109−0.027%$2.8M$7.7M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1109−0.072%$859K$886K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1108−0.117%$22.6M$3.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1109+0.009%$3.5M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1108−0.126%$5.5M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1110+0.036%$3.3Mas long as short
Variational Omni ALGO+0.0100%8h0.1110+0.082%$61K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1110+0.054%$59K$140K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1112+0.234%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1108−0.091%$4K$227K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1110+0.027%$489K$890K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0342% / S −0.0313%1h0.1109−0.067%$7K100xas long as short
Kraken Futures PF_ALGOUSD+0.0378%1h0.1108−0.093%$820K$1.0M50xas long as short
dYdX ALGO-USD+0.1096%1h0.1110+0.019%$160K$4K5xas long as short