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

ALGO

all ALGO markets
SwapPrice view
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Funding spread now, next payment 16:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 7 days+0.065%to open and close $10k−$59
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ALGO0.11300.0100pay 0.0013% / 1h11m 15s$3.7M$2.7M5x
ShortBingX ALGO-USDT0.11280.0100get 0.0100% / 8h11m 15s$3.2M

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$40.1
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$59.1
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; BingX: live order book, 15 min ago.

Price risk

price view
Price gap now
−0.230%
Avg gap 7d
−0.084%
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 Hyperliquid live order book, 2 min ago2.22 bp15.8 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 15 min ago3.58 bp17.8 bp −$1841.2 bp −$412156.4 bp −$15.6K555.3 bp −$277.7K

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0782%1h$847K$1.8M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0104%1h$102K$56K25xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Coinbase International ALGO-PERP-INTX+0.0048%1h$61K$440K50xas long as short
Hyperliquid ALGOlong+0.0100%1h$3.7M$2.7M5x
Aster ALGOUSDT+0.0100%8h$42K$87K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.5M$39.1M75xas long as short
Bybit ALGOUSDT+0.0100%8h$11.4M$13.8M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$9.8M50xas long as short
Gate ALGO_USDT+0.0100%8h$853K$1.0M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h$22.4M$4.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.7M$1.8M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.7M$4.3M75xas long as short
BingX ALGO-USDTshort+0.0100%8h$3.2M
Variational Omni ALGO+0.0100%8h$65K$195Kas long as short
HTX ALGO-USDT+0.0100%8h$67K$117K75xas long as short
Phemex ALGOUSDT+0.0100%8h$3.9M$2.0M50xas long as short
Extended ALGO-USD+0.0104%1h$7K$207K10xas long as short
Injective ALGO/USDC PERP+0.0166%1h$841$151K12xas long as short
BloFin ALGO-USDT+0.0220%8h$521K$760K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0238% / S −0.0167%1h$5K100xas long as short
dYdX ALGO-USD+0.0400%1h$162K$6K5xas long as short