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

ALGO

all ALGO markets
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Funding spread now, next payment 18:00 UTC+0.0165%/8h
paid, last 24h+0.001%paid, last 7 days−0.042%to open and close $10k−$57
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ALGOUSDT0.1103−0.0061get 0.0061% / 8h6h 09m$11.2M$12.6M75x
ShortExtended ALGO-USD0.11040.0104get 0.0013% / 1h9m 02s$7K$210K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$34.68
Slippage, 4 orders
−$40.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$22.22
Break-even
11.5 days
Slippage from Bybit: live order book, 6 min ago; Extended: live order book, just now.

Price risk

price view
Price gap now
+0.084%
Avg gap 7d
+0.022%
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 Bybit live order book, 6 min ago0.45 bp12.6 bp −$1340.0 bp −$400doesn't fitdoesn't fit
Sell Extended live order book, just now0.86 bp13.7 bp −$14152.2 bp −$1,522doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.0203%1h$100K$55K25xas long as short
Kraken Futures PF_ALGOUSD−0.0195%1h$817K$1.3M50xas long as short
Bybit ALGOUSDTlong−0.0061%8h$11.2M$12.6M75x
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+0.0048%1h$63K$364K50xas long as short
Variational Omni ALGO+0.0056%8h$64K$13Kas long as short
Hyperliquid ALGO+0.0100%1h$3.6M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h$43K$73K5xas long as short
Binance ALGOUSDT+0.0100%8h$9.9M$36.2M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$8.4M50xas long as short
Gate ALGO_USDT+0.0100%8h$841K$930K50xas long as short
MEXC ALGO_USDT+0.0100%8h$21.9M$3.3M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.5M$1.7M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.6M$3.8M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.1Mas long as short
HTX ALGO-USDT+0.0100%8h$66K$113K75xas long as short
Phemex ALGOUSDT+0.0100%8h$3.8M$1.8M50xas long as short
Extended ALGO-USDshort+0.0104%1h$7K$210K10x
GMX ALGO/USD [WBTC.b-USDC]L +0.0155% / S −0.0079%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$494K$783K75xas long as short
dYdX ALGO-USD+0.2542%1h$159K$6K5xas long as short