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

ALGO

all ALGO markets
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Funding spread now, next payment 17:00 UTC+0.0099%/8h
paid, last 24h+0.030%paid, last 3 days+0.110%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ALGO/USD0.1128L +0.0001% / S +0.0003%pay 0.0000% / 1h41m 53s$7K150x
ShortBinance ALGOUSDT0.11270.0100get 0.0100% / 8h7h 41m$10.4M$38.1M75x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$20.88
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$0.88
Break-even
6.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 1 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.135%
Avg gap 7d
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 gTrade (Gains Network) no order-book sample
Sell Binance live order book, 1 min ago1.33 bp14.3 bp −$1435.7 bp −$357doesn't fitdoesn't fit
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0502%1h$848K$1.8M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0105%1h$102K$55K25xas long as short
gTrade (Gains Network) ALGO/USDlongL +0.0001% / S +0.0003%1h$7K150x
Bybit ALGOUSDT+0.0033%8h$11.4M$13.5M75xas long as short
Injective ALGO/USDC PERP+0.0033%1h$841$115K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0064%1h$61K$434K50xas long as short
Hyperliquid ALGO+0.0100%1h$3.7M$2.6M5xas long as short
Aster ALGOUSDT+0.0100%8h$42K$80K5xas long as short
Binance ALGOUSDTshort+0.0100%8h$10.4M$38.1M75x
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$9.4M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h$851K$933K50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.4M$3.4M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.6M$1.8M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.7M$4.1M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.2Mas long as short
Variational Omni ALGO+0.0100%8h$65K$195Kas long as short
HTX ALGO-USDT+0.0100%8h$67K$116K75xas long as short
Extended ALGO-USD+0.0104%1h$7K$207K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0157% / S −0.0081%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$514K$785K75xas long as short
Phemex ALGOUSDT+0.0264%8h$3.9M$1.9M50xas long as short
dYdX ALGO-USD+0.0735%1h$162K$6K5xas long as short