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

ALGO

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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: Gate against Aster−0.145%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: Gate is 0.145% cheaper against Aster than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALGOUSDT0.11020.0100pay 0.0100% / 8h1h 31m$44K$36K5x
ShortGate ALGO_USDT0.11000.0100get 0.0100% / 8h1h 31m$832K$943K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.145% → 0.000%
−$14.45
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$37.45
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Gate: live order book, 11 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 Gate live order book, 11 min ago7.72 bp48.4 bp −$48513.0 bp −$5,130doesn'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
Kraken Futures PF_ALGOUSD−0.0274%1h0.1102+0.032%$819K$1.1M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0113%1h0.1102−0.008%$87K$45K25xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1103+0.055%$16K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+1.634%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1103+0.128%$3.4M$2.3M5xas long as short
Aster ALGOUSDTlong+0.0100%8h0.1102long leg$44K$36K5x
Binance ALGOUSDT+0.0100%8h0.1102+0.001%$9.4M$34.6M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1101−0.072%$10.9M$12.7M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1102+0.001%$2.7M$7.8M50xas long as short
Gate ALGO_USDTshort+0.0100%8h0.1100−0.145%$832K$943K50x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1102+0.010%$23.1M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1102+0.001%$3.5M$1.4M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1102+0.001%$5.4M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1101−0.054%$3.4Mas long as short
Variational Omni ALGO+0.0100%8h0.1098−0.371%$60K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1103+0.073%$60K$135K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1104+0.182%$3.7M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1102−0.024%$4K$198K10xas long as short
Coinbase International ALGO-PERP-INTX+0.0136%1h0.1106+0.373%$62K$242K50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1102−0.008%$470K$869K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0318% / S −0.0264%1h0.1102+0.013%$6K100xas long as short
dYdX ALGO-USD+0.0919%1h0.1102+0.041%$159K$5K5xas long as short