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

ALGO

all ALGO markets
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Funding spread now, next payment 00:00 UTC−0.0121%/8h
next payment, per $10,000$1.21paid, last 24h−0.036%paid, last 3 days−0.276%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ALGO-USDT0.11170.0220pay 0.0220% / 8h6h 57m$508K$778K75x
ShortVariational Omni ALGO0.11180.0099get 0.0099% / 8h6h 57m$65K$104K

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$25.38
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$37.38
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 45 min ago; Variational Omni: RFQ quote, 47 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.132%
Avg gap 7d
−0.060%
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, 45 min ago3.55 bp13.1 bp −$1327.0 bp −$270doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 47 min ago4.47 bpdoesn't fit49.2 bp −$492doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.0285%1h$101K$55K25xas long as short
Kraken Futures PF_ALGOUSD−0.0192%1h$841K$1.7M50xas 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
Bybit ALGOUSDT+0.0036%8h$11.4M$13.0M75xas long as short
Coinbase International ALGO-PERP-INTX+0.0048%1h$61K$398K50xas long as short
Variational Omni ALGOshort+0.0099%8h$65K$104K
Hyperliquid ALGO+0.0100%1h$3.7M$2.2M5xas long as short
Aster ALGOUSDT+0.0100%8h$44K$74K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.4M$36.6M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$8.8M50xas long as short
Gate ALGO_USDT+0.0100%8h$843K$901K50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.2M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.6M$1.7M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.6M$3.9M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.1Mas long as short
HTX ALGO-USDT+0.0100%8h$66K$108K75xas long as short
Phemex ALGOUSDT+0.0100%8h$3.9M$1.9M50xas long as short
Extended ALGO-USD+0.0104%1h$6K$207K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0156% / S −0.0080%1h$5K100xas long as short
BloFin ALGO-USDTlong+0.0220%8h$508K$778K75x
dYdX ALGO-USD+0.1628%1h$161K$6K5xas long as short