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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Aster−0.075%7-day average · you buy dearer than you sell
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 6 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.075% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALGOUSDT0.11080.0100pay 0.0100% / 8h1h 05m$44K$36K5x
ShortBinance ALGOUSDT0.11070.0100get 0.0100% / 8h1h 05m$9.4M$34.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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: −0.075% → 0.000%
−$7.53
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$25.53
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 7 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 Aster no order-book sample
Sell Binance live order book, 7 min ago1.36 bp11.6 bp −$1229.0 bp −$290doesn't fitdoesn't fit
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−0.0292%1h0.1107−0.030%$87K$45K25xas long as short
Kraken Futures PF_ALGOUSD−0.0273%1h0.1108+0.019%$823K$1.1M50xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1108+0.042%$16K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+1.116%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1109+0.114%$3.4M$2.3M5xas long as short
Aster ALGOUSDTlong+0.0100%8h0.1108long leg$44K$36K5x
Binance ALGOUSDTshort+0.0100%8h0.1107−0.075%$9.4M$34.4M75x
Bybit ALGOUSDT+0.0100%8h0.1107−0.066%$10.9M$12.7M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1107−0.075%$2.7M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1106−0.129%$838K$947K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1107−0.075%$23.0M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1107−0.039%$3.5M$1.4M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1108+0.033%$5.5M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1107−0.039%$3.4Mas long as short
Variational Omni ALGO+0.0100%8h0.1107−0.034%$61K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1108+0.015%$60K$133K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1110+0.214%$3.7M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1107−0.096%$4K$199K10xas long as short
Coinbase International ALGO-PERP-INTX+0.0136%1h0.1109+0.168%$63K$193K50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1108+0.024%$472K$873K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0318% / S −0.0264%1h0.1108+0.015%$6K100xas long as short
dYdX ALGO-USD+0.0914%1h0.1109+0.095%$160K$5K5xas long as short