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Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

ALGO

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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
TxFlowALGO-USDC
0.1042+0.0100pay 0.0013% / 1h6m 05s$19K$125K50xLong TxFlow5% off
SHORT
PhemexALGOUSDT
0.1045+0.0100get 0.0100% / 8h4h 06m$3.0M$623K50xShort Phemex
Price gap+0.240%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.077% under its 7d average: the price leg works against you, −$8 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$70.0000% /8h now · paid +0.068% over the last 2 days (all we have)
Price−$8spread +0.240% now, avg +0.317% → −0.077% if it goes back
Costs−$670.668% of $10k · taker + slippage, in and out
Result−$68−0.68%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.240%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ALGO on 22 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Thin at this size12.9 / 20.0 bp
    At $10k entering Phemex costs 20.0 bp, fee and slippage, 1.6× TxFlow’s.
  • Note: Margin at max leverage$200 + $200
    TxFlow 50x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: $0.00Long TxFlow: 24 payments, −$3.00; short Phemex: 3 payments, +$3.00.
  • Watch: Gap narrower than usual+0.240% vs +0.317%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$19K vs $3.0M OI
    TxFlow sets your exit cost. Check its book before closing.
  • OK: Points on a legTxFlow points
    Volume here counts toward the points program.
  • Watch: KYCTxFlow No · Phemex Yes
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0094%/8h × 21 periods+$19.65
Price spread+0.240% → +0.317% (7d avg)−$7.73
Slippage, 4 orderslive order books−$45.75
Fee TxFlow bp × 2 orders−$9.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$54.83
Costs to cover0.668%Break-even26.5 days
Slippage: TxFlow: live order book, 30 min ago; Phemex: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGTxFlow0.9712.9 bp−$1338.7 bp−$387doesn’t fitdoesn’t fit
SELL · SHORTPhemex4.7920.0 bp−$2063.7 bp−$637271.4 bp−$27.1Kdoesn’t fit

Closing costs about the same again.

Alert

ALGO news

posts that mention ALGO, from every exchangeSearch all news →
10-26 09:17TxFlowListingnew market ALGO-USDC ($ALGO) seen by our collector
09-29 10:16BinanceOtherYour ALGO chart-watching might finally pay off. 👀 Join the tournament for a chance to share up to 200,000 USDC in token vouchers. Act now 👉 @binance on X ↗