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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0139%/8h= +15.2% APRnext payment +$1.39 per $10,000 · paid last 24h +0.023%
Price spread now: OKX against Variational Omni+0.489%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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.489% dearer against Variational Omni than usual: you sell high and buy low: +$49 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ALGO0.1109−0.0039get 0.0039% / 8h6h 48m$61K$12K
ShortOKX ALGO-USDT-SWAP0.11140.0100get 0.0100% / 8h6h 48m$2.9M$7.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$29.1
Price spread: +0.489% → 0.000%
$48.9
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
$68
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago0.45 bp17.2 bp −$1768.0 bp −$680doesn't fitdoesn't fit
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−0.0109%1h0.1114+0.444%$101K$49K25xas long as short
Coinbase International ALGO-PERP-INTX−0.0064%1h0.1115+0.615%$87K$273K50xas long as short
Variational Omni ALGOlong−0.0039%8h0.1109long leg$61K$12K
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1115+0.566%$6K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+1.021%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1116+0.682%$3.6M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1115+0.573%$44K$38K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1115+0.561%$9.9M$35.0M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1114+0.480%$11.4M$12.2M75xas long as short
OKX ALGO-USDT-SWAPshort+0.0100%8h0.1114+0.489%$2.9M$7.6M50x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h0.1114+0.462%$873K$842K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1115+0.561%$22.9M$3.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1115+0.588%$3.5M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1115+0.570%$5.6M$3.6M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1114+0.507%$3.4Mas long as short
HTX ALGO-USDT+0.0100%8h0.1115+0.561%$61K$144K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1115+0.570%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1115+0.537%$8K$229K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1117+0.724%$489K$801K75xas long as short
Kraken Futures PF_ALGOUSD+0.0263%1h0.1114+0.487%$827K$1.1M50xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0342% / S −0.0313%1h0.1114+0.510%$7K100xas long as short
dYdX ALGO-USD+0.1670%1h0.1115+0.567%$161K$4K5xas long as short