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

ALGO

all ALGO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0193%/8h= +21.1% APRnext payment +$1.93 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Variational Omni+0.012%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 airdropVariational Omni: Active · 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: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ALGO0.1124−0.0093get 0.0093% / 8h29m 35s$62K$13K
ShortBingX ALGO-USDT0.11240.0100get 0.0100% / 8h29m 35s$3.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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
$40.44
Price spread: +0.012% → 0.000%
$1.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$31.59
Costs to cover
0.100%
Break-even
1.5 days
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 5 min ago. 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 Variational Omni no order-book sample
Sell BingX live order book, 5 min ago3.55 bp14.6 bp −$1536.2 bp −$362175.3 bp −$17.5K732.8 bp −$366.4K
Variational Omni: 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−0.0727%1h0.1125+0.065%$102K$50K25xas long as short
Kraken Futures PF_ALGOUSD−0.0157%1h0.1125+0.046%$837K$1.1M50xas long as short
Bybit ALGOUSDT−0.0119%8h0.1124−0.024%$11.3M$12.2M75xas long as short
Coinbase International ALGO-PERP-INTX−0.0112%1h0.1130+0.501%$62K$333K50xas long as short
Variational Omni ALGOlong−0.0093%8h0.1124long leg$62K$13K
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1126+0.172%$6K150xas long as short
Injective ALGO/USDC PERP+0.0026%1h0.1120−0.389%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1127+0.207%$3.8M$1.9M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1126+0.181%$44K$35K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1125+0.047%$10.0M$34.8M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1125+0.038%$3.0M$7.7M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1126+0.145%$889K$834K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1125+0.065%$23.1M$2.9M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1125+0.065%$3.6M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1125+0.056%$5.7M$3.6M75xas long as short
BingX ALGO-USDTshort+0.0100%8h0.1124+0.012%$3.4M
HTX ALGO-USDT+0.0100%8h0.1124+0.012%$66K$107K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1127+0.234%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1125+0.028%$7K$210K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1125+0.074%$495K$796K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0321% / S −0.0312%1h0.1126+0.152%$7K100xas long as short
dYdX ALGO-USD+0.1424%1h0.1127+0.223%$162K$3K5xas long as short