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

ALGO

all ALGO markets
SwapPrice view
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Funding spread now, next payment 15:00 UTC+0.0052%/8h
paid, last 24h+0.047%paid, last 5 days+0.310%to open and close $10k−$61
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ALGO-PERP-INTX0.11290.0048pay 0.0006% / 1h3m 40s$61K$440K50x
ShortBitget ALGOUSDT0.11230.0100get 0.0100% / 8h3m 40s$5.7M$4.2M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$10.92
Slippage, 4 orders
−$39.04
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$50.12
Break-even
39.1 days
Slippage from Coinbase International: live order book, 46 min ago; Bitget: live order book, 1 min ago.

Price risk

price view
Price gap now
−0.558%
Avg gap 7d
+0.053%
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 Coinbase International live order book, 46 min ago4.38 bp13.7 bp −$1420.0 bp −$200doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago4.45 bp16.2 bp −$1632.8 bp −$328doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0785%1h$844K$1.8M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0373%1h$102K$56K25xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Coinbase International ALGO-PERP-INTXlong+0.0048%1h$61K$440K50x
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$10.5M$38.8M75xas long as short
Bybit ALGOUSDT+0.0100%8h$11.4M$13.7M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$9.6M50xas long as short
Gate ALGO_USDT+0.0100%8h$850K$1.0M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h$22.3M$4.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.7M$1.8M50xas long as short
Bitget ALGOUSDTshort+0.0100%8h$5.7M$4.2M75x
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$117K75xas long as short
Phemex ALGOUSDT+0.0100%8h$3.9M$2.0M50xas long as short
Extended ALGO-USD+0.0104%1h$7K$207K10xas long as short
Injective ALGO/USDC PERP+0.0166%1h$841$151K12xas long as short
BloFin ALGO-USDT+0.0220%8h$522K$766K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0237% / S −0.0167%1h$5K100xas long as short
dYdX ALGO-USD+0.0355%1h$161K$6K5xas long as short