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

ALGO

all ALGO markets
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Funding spread now, next payment 15:00 UTC−0.0290%/8h
paid, last 24h−0.140%paid, last 7 days−1.260%to open and close $10k−$98
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ALGO-USDT0.11340.0100pay 0.0100% / 8h1h 40m$3.3M
ShortDeribit ALGO_USDC-PERPETUAL0.1135−0.0190pay 0.0024% / 1h40m 38s$103K$60K25x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$60.9
Slippage, 4 orders
−$80.62
Fee BingX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$158.52
Break-even
never at this rate
Slippage from BingX: live order book, 16 min ago; Deribit: live order book, 35 min ago.

Price risk

price view
Price gap now
+0.123%
Avg gap 7d
+0.013%
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 BingX live order book, 16 min ago2.18 bp11.7 bp −$1229.8 bp −$298189.2 bp −$18.9K681.4 bp −$340.7K
Sell Deribit live order book, 35 min ago8.30 bp32.4 bp −$32doesn't fitdoesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.1336%1h$867K$1.9M50xas long as short
Deribit ALGO_USDC-PERPETUALshort−0.0190%1h$103K$60K25x
Injective ALGO/USDC PERP−0.0120%1h$859$100K12xas 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$506K50xas long as short
Hyperliquid ALGO+0.0100%1h$3.9M$3.0M5xas long as short
Aster ALGOUSDT+0.0100%8h$43K$93K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.5M$42.5M75xas long as short
Bybit ALGOUSDT+0.0100%8h$11.7M$14.3M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h$3.1M$11.1M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h$858K$1.2M50xas long as short
MEXC ALGO_USDT+0.0100%8h$21.9M$4.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.7M$1.8M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.7M$4.5M75xas long as short
BingX ALGO-USDTlong+0.0100%8h$3.3M
Variational Omni ALGO+0.0100%8h$62K$193Kas long as short
HTX ALGO-USDT+0.0100%8h$67K$130K75xas 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
dYdX ALGO-USD+0.0135%1h$163K$6K5xas long as short
BloFin ALGO-USDT+0.0220%8h$526K$747K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0239% / S −0.0167%1h$5K100xas long as short