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

ALGO

all ALGO markets
SwapPrice view
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Funding spread now, next payment 13:00 UTC+0.0240%/8h
paid, last 24h+0.033%paid, last 7 days+0.254%to open and close $10k−$63
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ALGOUSD0.1165−0.0140get 0.0018% / 1h29m 44s$1.1M$1.4M50x
ShortMEXC ALGO_USDT0.11600.0100get 0.0100% / 8h3h 29m$22.2M$4.1M200x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$50.4
Slippage, 4 orders
−$52.66
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$12.25
Break-even
8.7 days
Slippage from Kraken Futures: live order book, 5 min ago; MEXC: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.372%
Avg gap 7d
−0.071%
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 Kraken Futures live order book, 5 min ago14.14 bp23.8 bp −$2465.6 bp −$656doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago0.43 bp5.3 bp −$541.9 bp −$419504.3 bp −$50.4Kdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.0266%1h$106K$56K25xas long as short
Kraken Futures PF_ALGOUSDlong−0.0140%1h$1.1M$1.4M50x
Coinbase International ALGO-PERP-INTX−0.0048%1h$66K$574K50xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h$21K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h$806$100K12xas long as short
Hyperliquid ALGO+0.0100%1h$4.0M$3.2M5xas long as short
Aster ALGOUSDT+0.0100%8h$43K$91K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.8M$40.7M75xas long as short
Bybit ALGOUSDT+0.0100%8h$12.0M$13.6M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$10.5M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h$888K$1.1M50xas long as short
MEXC ALGO_USDTshort+0.0100%8h$22.2M$4.1M200x
KuCoin ALGOUSDTM+0.0100%8h$3.8M$1.8M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.8M$4.2M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.3Mas long as short
Variational Omni ALGO+0.0100%8h$64K$195Kas long as short
HTX ALGO-USDT+0.0100%8h$68K$120K75xas long as short
Phemex ALGOUSDT+0.0100%8h$4.1M$2.0M50xas long as short
Extended ALGO-USD+0.0104%1h$11K$244K10xas long as short
BloFin ALGO-USDT+0.0220%8h$532K$710K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0241% / S −0.0167%1h$5K100xas long as short
dYdX ALGO-USD+0.0347%1h$166K$6K5xas long as short