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

ALGO

all ALGO markets
SwapPrice view
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Funding spread now, next payment 17:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 7 days+0.132%to open and close $10k−$55
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ALGO-USD0.11190.0104pay 0.0013% / 1h0m 16s$6K$207K10x
ShortBingX ALGO-USDT0.11190.0100get 0.0100% / 8h7h 00m$3.1M

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$39.71
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$55.55
Break-even
never at this rate
Slippage from Extended: live order book, 14 min ago; BingX: live order book, 11 min ago.

Price risk

price view
Price gap now
−0.011%
Avg gap 7d
+0.005%
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, 14 min ago0.94 bp13.0 bp −$1385.1 bp −$851doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago3.57 bp15.6 bp −$1630.9 bp −$309174.6 bp −$17.5K743.8 bp −$371.9K

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0505%1h$841K$1.7M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0286%1h$101K$55K25xas 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+0.0051%8h$11.4M$13.0M75xas long as short
Coinbase International ALGO-PERP-INTX+0.0064%1h$61K$398K50xas long as short
Variational Omni ALGO+0.0099%8h$65K$104Kas long as short
Hyperliquid ALGO+0.0100%1h$3.6M$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$844K$943K50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.2M$3.5M200xas 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-USDTshort+0.0100%8h$3.1M
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-USDlong+0.0104%1h$6K$207K10x
GMX ALGO/USD [WBTC.b-USDC]L +0.0156% / S −0.0080%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$508K$779K75xas long as short
dYdX ALGO-USD+0.1153%1h$161K$6K5xas long as short