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

ALGO

all ALGO markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 00:00 UTC−0.0021%/8h
next payment, per $10,000−$0.21paid, last 24h0.000%paid, last 3 days−0.115%to open and closeno order book
Long on BitgetShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ALGOUSDT0.11130.0100pay 0.0100% / 8h6h 31m$5.7M$3.9M75x
ShortVariational Omni ALGO0.11100.0079get 0.0079% / 8h6h 31m$64K$102K—

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$4.51
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$16.51
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; Variational Omni: RFQ quote, 9 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.276%
Avg gap 7d
−0.069%
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 Bitget live order book, 3 min ago4.49 bp19.1 bp −$1958.2 bp −$582doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 9 min ago4.51 bpdoesn't fit49.6 bp −$496doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0193%1h$824K$1.6M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0109%1h$101K$55K25xas long as short
Bybit ALGOUSDT−0.0050%8h$11.3M$12.7M75xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K—150xas long as short
Injective ALGO/USDC PERP+0.0033%1h$841$115K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0048%1h$61K$394K50xas long as short
Variational Omni ALGOshort+0.0079%8h$64K$102K—
Hyperliquid ALGO+0.0100%1h$3.6M$2.1M5xas long as short
Aster ALGOUSDT+0.0100%8h$44K$74K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.3M$36.2M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$8.5M50xas long as short
Gate ALGO_USDT+0.0100%8h$838K$907K50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.1M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.5M$1.7M50xas long as short
Bitget ALGOUSDTlong+0.0100%8h$5.7M$3.9M75x
BingX ALGO-USDT+0.0100%8h—$3.1M—as long as short
HTX ALGO-USDT+0.0100%8h$66K$107K75xas long as short
Phemex ALGOUSDT+0.0100%8h$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h$6K$207K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0156% / S −0.0079%1h$5K—100xas long as short
BloFin ALGO-USDT+0.0220%8h$508K$771K75xas long as short
dYdX ALGO-USD+0.1914%1h$160K$6K5xas long as short