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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0182%/8h= −20.0% APRnext payment $1.82 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Aster+0.081%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 airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.081% dearer against Aster than usual: you sell high and buy low (spread +0.081% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 36 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALGOUSDT0.11200.0100pay 0.0100% / 8h2h 10m$44K$31K5x
ShortVariational Omni ALGO0.1121−0.0082pay 0.0082% / 8h2h 10m$65K$10K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$38.31
Price spread: +0.081% → 0.000%
$8.11
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$38.2
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample
Aster and 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−0.0733%1h0.1118−0.129%$101K$50K25xas long as short
Injective ALGO/USDC PERP−0.0212%1h0.1115−0.432%$830$175K12xas long as short
Bybit ALGOUSDT−0.0121%8h0.1117−0.245%$11.2M$12.2M75xas long as short
Variational Omni ALGOshort−0.0082%8h0.1121+0.081%$65K$10K
Coinbase International ALGO-PERP-INTX−0.0064%1h0.1118−0.156%$61K$331K50xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1119−0.064%$6K150xas long as short
Kraken Futures PF_ALGOUSD+0.0093%1h0.1119−0.075%$839K$1.2M50xas long as short
Hyperliquid ALGO+0.0100%1h0.1120−0.013%$3.7M$1.9M5xas long as short
Aster ALGOUSDTlong+0.0100%8h0.1120long leg$44K$31K5x
Binance ALGOUSDT+0.0100%8h0.1118−0.178%$9.9M$34.8M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1117−0.272%$3.0M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1117−0.218%$856K$842K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1118−0.182%$23.0M$3.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1119−0.120%$3.6M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1118−0.164%$5.6M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1118−0.200%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1118−0.156%$66K$109K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1120+0.014%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1118−0.172%$7K$210K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1118−0.164%$493K$794K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0237% / S −0.0158%1h0.1119−0.056%$5K100xas long as short
dYdX ALGO-USD+0.1328%1h0.1119−0.050%$160K$5K5xas long as short