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

ALGO

all ALGO markets
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Funding spread now, next payment 16:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h+0.005%paid, last 7 days+0.061%to open and close $10k−$165
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ALGO_USDT0.11510.0100pay 0.0100% / 8h2h 34m$876K$1.2M50x
ShortPhemex ALGOUSDT0.11520.0100get 0.0100% / 8h2h 34m$4.0M$2.0M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$137.73
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$164.73
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; Phemex: live order book, 6 min ago.

Price risk

price view
Price gap now
+0.087%
Avg gap 7d
+0.180%
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 Gate live order book, 5 min ago2.60 bp43.3 bp −$43410.0 bp −$4,100doesn't fitdoesn't fit
Sell Phemex live order book, 6 min ago12.97 bp38.0 bp −$3876.1 bp −$761doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.0359%1h$105K$57K25xas long as short
Coinbase International ALGO-PERP-INTX−0.0040%1h$70K$556K50xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Kraken Futures PF_ALGOUSD+0.0032%1h$898K$1.8M50xas long as short
Injective ALGO/USDC PERP+0.0033%1h$859$100K12xas long as short
Hyperliquid ALGO+0.0100%1h$3.9M$3.2M5xas long as short
Aster ALGOUSDT+0.0100%8h$44K$92K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.9M$41.5M75xas long as short
Bybit ALGOUSDT+0.0100%8h$11.9M$14.1M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h$3.1M$11.0M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate ALGO_USDTlong+0.0100%8h$876K$1.2M50x
MEXC ALGO_USDT+0.0100%8h$22.0M$4.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.8M$1.9M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.8M$4.3M75xas 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$69K$121K75xas long as short
Phemex ALGOUSDTshort+0.0100%8h$4.0M$2.0M50x
Extended ALGO-USD+0.0104%1h$13K$248K10xas long as short
dYdX ALGO-USD+0.0149%1h$165K$6K5xas long as short
BloFin ALGO-USDT+0.0220%8h$540K$686K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0240% / S −0.0167%1h$5K100xas long as short