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

ALGO

all ALGO markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 14:00 UTC+0.0084%/8h
paid, last 24h+0.051%paid, last 5 days+0.221%to open and close $10k−$59
Long on Coinbase InternationalShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ALGO-PERP-INTX0.11400.0016pay 0.0002% / 1h46m 41s$69K$508K50x
ShortBybit ALGOUSDT0.11340.0100get 0.0100% / 8h1h 46m$11.8M$14.3M75x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$17.64
Slippage, 4 orders
−$37.56
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$40.92
Break-even
23.2 days
Slippage from Coinbase International: live order book, 8 min ago; Bybit: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.448%
Avg gap 7d
+0.002%
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, 8 min ago6.58 bp13.3 bp −$1319.7 bp −$197doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago1.76 bp17.4 bp −$1761.0 bp −$610doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.1334%1h$869K$1.9M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0453%1h$103K$60K25xas long as short
Injective ALGO/USDC PERP−0.0120%1h$859$100K12xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K—150xas long as short
Coinbase International ALGO-PERP-INTXlong+0.0016%1h$69K$508K50x
dYdX ALGO-USD+0.0076%1h$163K$6K5xas long as short
Hyperliquid ALGO+0.0100%1h$3.8M$3.0M5xas long as short
Aster ALGOUSDT+0.0100%8h$43K$93K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.6M$42.6M75xas long as short
Bybit ALGOUSDTshort+0.0100%8h$11.8M$14.3M75x
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$3.1M$11.2M50xas long as short
Gate ALGO_USDT+0.0100%8h$860K$1.2M50xas long as short
MEXC ALGO_USDT+0.0100%8h$21.9M$4.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.7M$1.9M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.7M$4.5M75xas long as short
BingX ALGO-USDT+0.0100%8h—$3.3M—as long as short
Variational Omni ALGO+0.0100%8h$62K$193K—as long as short
HTX ALGO-USDT+0.0100%8h$67K$130K75xas long as short
Phemex ALGOUSDT+0.0100%8h$4.0M$2.1M50xas long as short
Extended ALGO-USD+0.0104%1h$13K$248K10xas long as short
BloFin ALGO-USDT+0.0220%8h$534K$748K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0239% / S −0.0167%1h$5K—100xas long as short