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

ALGO

all ALGO markets
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Funding spread now, next payment 00:00 UTC−0.0335%/8h
next payment, per $10,000$3.35paid, last 24h−0.036%paid, last 7 days−0.250%to open and close $10k−$48
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ALGO-USDT0.11220.0220pay 0.0220% / 8h7h 45m$512K$781K75x
ShortBybit ALGOUSDT0.1119−0.0115pay 0.0115% / 8h7h 45m$11.4M$13.5M75x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$70.39
Slippage, 4 orders
−$24.51
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$117.9
Break-even
never at this rate
Slippage from BloFin: live order book, 63 min ago; Bybit: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.294%
Avg gap 7d
−0.041%
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 BloFin live order book, 63 min ago2.63 bp9.6 bp −$1025.4 bp −$254doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.45 bp9.3 bp −$946.2 bp −$462doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0505%1h$843K$1.8M50xas long as short
Bybit ALGOUSDTshort−0.0115%8h$11.4M$13.5M75x
Deribit ALGO_USDC-PERPETUAL−0.0107%1h$101K$55K25xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h$841$115K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0064%1h$61K$434K50xas long as short
Hyperliquid ALGO+0.0100%1h$3.6M$2.6M5xas long as short
Aster ALGOUSDT+0.0100%8h$42K$87K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.4M$38.2M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$9.4M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h$847K$933K50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.3M$3.4M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.6M$1.8M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.7M$4.1M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.2Mas long as short
Variational Omni ALGO+0.0100%8h$65K$195Kas long as short
HTX ALGO-USDT+0.0100%8h$67K$116K75xas long as short
Extended ALGO-USD+0.0104%1h$6K$207K10xas long as short
BloFin ALGO-USDTlong+0.0220%8h$512K$781K75x
GMX ALGO/USD [WBTC.b-USDC]L +0.0238% / S −0.0167%1h$5K100xas long as short
Phemex ALGOUSDT+0.0478%8h$3.9M$1.9M50xas long as short
dYdX ALGO-USD+0.0601%1h$161K$6K5xas long as short