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

ALGO

all ALGO markets
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Funding spread now, next payment 19:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 7 days+0.038%to open and close $10k−$52
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ALGO-USD0.11050.0104pay 0.0013% / 1h23m 59s$7K$210K10x
ShortBinance ALGOUSDT0.11050.0100get 0.0100% / 8h5h 23m$9.8M$35.9M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$37.21
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$53.05
Break-even
never at this rate
Slippage from Extended: live order book, 45 min ago; Binance: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.005%
Avg gap 7d
+0.039%
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 Extended live order book, 45 min ago0.86 bp13.9 bp −$14109.9 bp −$1,099doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.36 bp12.5 bp −$1328.6 bp −$286doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0375%1h$812K$1.3M50xas long as short
Bybit ALGOUSDT−0.0123%8h$11.2M$12.7M75xas long as short
Deribit ALGO_USDC-PERPETUAL0.0000%1h$100K$54K25xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Variational Omni ALGO+0.0013%8h$64K$13Kas long as short
Coinbase International ALGO-PERP-INTX+0.0032%1h$62K$359K50xas long as short
Injective ALGO/USDC PERP+0.0033%1h$841$81K12xas long as short
Hyperliquid ALGO+0.0100%1h$3.6M$2.1M5xas long as short
Aster ALGOUSDT+0.0100%8h$44K$73K5xas long as short
Binance ALGOUSDTshort+0.0100%8h$9.8M$35.9M75x
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$2.9M$8.1M50xas long as short
Gate ALGO_USDT+0.0100%8h$836K$817K50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.1M$3.1M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.6M$1.6M50xas 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$112K75xas long as short
Phemex ALGOUSDT+0.0100%8h$3.8M$1.8M50xas long as short
Extended ALGO-USDlong+0.0104%1h$7K$210K10x
GMX ALGO/USD [WBTC.b-USDC]L +0.0154% / S −0.0078%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$490K$799K75xas long as short
dYdX ALGO-USD+0.4454%1h$159K$6K5xas long as short