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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Gate+0.017%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ALGO_USDT0.11200.0100pay 0.0100% / 8h1h 56m$882K$843K50x
ShortAster ALGOUSDT0.11210.0100get 0.0100% / 8h1h 56m$44K$31K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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: +0.017% → 0.000%
$1.72
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.28
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 25 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 Gate live order book, 25 min ago4.90 bp53.3 bp −$53342.3 bp −$3,423doesn'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−0.0465%1h0.1119−0.152%$101K$50K25xas long as short
Injective ALGO/USDC PERP−0.0295%1h0.1117−0.312%$832$202K12xas long as short
Kraken Futures PF_ALGOUSD−0.0288%1h0.1120−0.061%$841K$1.2M50xas long as short
Bybit ALGOUSDT−0.0127%8h0.11200.000%$11.3M$12.2M75xas long as short
Variational Omni ALGO−0.0095%8h0.1116−0.410%$65K$10Kas long as short
Coinbase International ALGO-PERP-INTX−0.0056%1h0.1118−0.205%$62K$331K50xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1122+0.119%$6K150xas long as short
Hyperliquid ALGO+0.0100%1h0.1123+0.205%$3.7M$1.9M5xas long as short
Aster ALGOUSDTshort+0.0100%8h0.1121+0.017%$44K$31K5x
Binance ALGOUSDT+0.0100%8h0.1121+0.062%$9.9M$34.7M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1121+0.045%$3.0M$7.8M50xas long as short
Gate ALGO_USDTlong+0.0100%8h0.1120long leg$882K$843K50x
MEXC ALGO_USDT+0.0100%8h0.1121+0.080%$23.1M$2.8M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1122+0.125%$3.6M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1122+0.134%$5.6M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1121+0.062%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1117−0.330%$66K$108K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1119−0.134%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1121+0.040%$7K$210K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1116−0.402%$490K$792K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0238% / S −0.0158%1h0.1122+0.162%$5K100xas long as short
dYdX ALGO-USD+0.1415%1h0.1121+0.045%$161K$5K5xas long as short