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

ALGO

all ALGO markets
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Funding spread now, next payment 15:00 UTC−0.0004%/8h
paid, last 24h−0.001%paid, last 7 days+0.046%to open and close $10k−$57
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ALGO-USD0.11350.0104pay 0.0013% / 1h45m 18s$13K$248K10x
ShortBybit ALGOUSDT0.11340.0100get 0.0100% / 8h1h 45m$11.8M$14.3M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.84
Slippage, 4 orders
−$41.38
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$58.22
Break-even
never at this rate
Slippage from Extended: live order book, 44 min ago; Bybit: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.066%
Avg gap 7d
−0.019%
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, 44 min ago1.49 bp12.7 bp −$13126.2 bp −$1,262doesn't fitdoesn't fit
Sell Bybit live order book, 5 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−0.1336%1h$866K$1.9M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0190%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$7K150xas long as short
Coinbase International ALGO-PERP-INTX+0.0016%1h$69K$506K50xas long as short
dYdX ALGO-USD+0.0074%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$42.7M75xas 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$858K$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$3.3Mas long as short
Variational Omni ALGO+0.0100%8h$63K$193Kas 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-USDlong+0.0104%1h$13K$248K10x
BloFin ALGO-USDT+0.0220%8h$531K$747K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0239% / S −0.0167%1h$5K100xas long as short