data as of
Settings8H · net · $10k
Funding arb /

ALGO

all ALGO markets
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Funding spread now, next payment 15:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 5 days0.000%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALGOUSDT0.11410.0100pay 0.0100% / 8h1h 05m$43K$92K5x
ShortHyperliquid ALGO0.11420.0100get 0.0013% / 1h5m 29s$3.7M$2.8M5x

Funding history

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Funding on every exchange

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Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 7 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.068%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 7 min ago2.21 bp13.4 bp −$13doesn't fitdoesn'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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.1330%1h$864K$1.9M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0276%1h$103K$61K25xas long as short
Injective ALGO/USDC PERP−0.0120%1h$841$151K12xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Coinbase International ALGO-PERP-INTX+0.0016%1h$69K$483K50xas long as short
Hyperliquid ALGOshort+0.0100%1h$3.7M$2.8M5x
Aster ALGOUSDTlong+0.0100%8h$43K$92K5x
Binance ALGOUSDT+0.0100%8h$10.6M$41.7M75xas long as short
Bybit ALGOUSDT+0.0100%8h$11.8M$13.9M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h$3.1M$10.8M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h$862K$1.2M50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.4M$4.3M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.7M$1.9M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.7M$4.3M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.3Mas long as short
Variational Omni ALGO+0.0100%8h$63K$193Kas long as short
HTX ALGO-USDT+0.0100%8h$67K$125K75xas long as short
Phemex ALGOUSDT+0.0100%8h$4.0M$2.1M50xas long as short
Extended ALGO-USD+0.0104%1h$13K$248K10xas long as short
BloFin ALGO-USDT+0.0220%8h$523K$728K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0239% / S −0.0167%1h$5K100xas long as short
dYdX ALGO-USD+0.0357%1h$163K$6K5xas long as short