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

ALGO

all ALGO markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC−0.0725%/8h
paid, last 24h−0.088%paid, last 7 days−0.550%to open and close $10k−$82
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ALGO-USDT0.11190.0220pay 0.0220% / 8h7h 37m$509K$796K75x
ShortKraken Futures PF_ALGOUSD0.1121−0.0505pay 0.0063% / 1h37m 11s$844K$1.7M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$152.27
Slippage, 4 orders
−$59.52
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$233.79
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Kraken Futures: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.227%
Avg gap 7d
+0.087%
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, 6 min ago3.55 bp13.1 bp −$1327.0 bp −$270doesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago10.68 bp32.6 bp −$3364.4 bp −$644doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.1088%1h$101K$55K25xas long as short
Kraken Futures PF_ALGOUSDshort−0.0505%1h$844K$1.7M50x
Bybit ALGOUSDT−0.0023%8h$11.4M$13.4M75xas 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$426K50xas long as short
Hyperliquid ALGO+0.0100%1h$3.6M$2.4M5xas long as short
Aster ALGOUSDT+0.0100%8h$42K$80K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.4M$37.8M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$9.3M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h$845K$934K50xas 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$5.6M$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$66K$114K75xas long as short
Extended ALGO-USD+0.0104%1h$6K$207K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0157% / S −0.0081%1h$5K100xas long as short
BloFin ALGO-USDTlong+0.0220%8h$509K$796K75x
Phemex ALGOUSDT+0.0544%8h$3.9M$1.9M50xas long as short
dYdX ALGO-USD+0.0840%1h$160K$6K5xas long as short