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

ALGO

all ALGO markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 7 days+0.130%to open and close $10k−$66
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ALGO-USD0.11110.0104pay 0.0013% / 1h22m 04s$7K$210K10x
ShortBitget ALGOUSDT0.11120.0100get 0.0100% / 8h6h 22m$5.7M$3.9M75x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$49.49
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$67.33
Break-even
never at this rate
Slippage from Extended: live order book, 52 min ago; Bitget: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.092%
Avg gap 7d
+0.035%
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, 52 min ago0.94 bp13.0 bp −$1385.1 bp −$851doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.51 bp18.5 bp −$1962.2 bp −$622doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0194%1h$826K$1.6M50xas long as short
Bybit ALGOUSDT−0.0060%8h$11.3M$12.8M75xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0020%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
Coinbase International ALGO-PERP-INTX+0.0048%1h$63K$392K50xas long as short
Variational Omni ALGO+0.0069%8h$65K$14Kas long as short
Hyperliquid ALGO+0.0100%1h$3.6M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h$44K$73K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.0M$36.9M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$8.5M50xas long as short
Gate ALGO_USDT+0.0100%8h$850K$926K50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.1M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.6M$1.7M50xas long as short
Bitget ALGOUSDTshort+0.0100%8h$5.7M$3.9M75x
BingX ALGO-USDT+0.0100%8h$3.1Mas long as short
HTX ALGO-USDT+0.0100%8h$67K$114K75xas 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 +0.0155% / S −0.0079%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$506K$765K75xas long as short
dYdX ALGO-USD+0.2172%1h$159K$6K5xas long as short