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

ALGO

all ALGO markets
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Funding spread now, next payment 18:00 UTC+0.0287%/8h
paid, last 24h+0.050%paid, last 3 days+0.279%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ALGOUSD0.1124−0.0191get 0.0024% / 1h50m 32s$840K$1.6M50x
ShortVariational Omni ALGO0.11200.0096get 0.0096% / 8h6h 50m$65K$103K

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$60.36
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$50.36
Break-even
1.2 days
Slippage unknown: Kraken Futures: live order book, 4 min ago; Variational Omni: RFQ quote, 55 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.332%
Avg gap 7d
−0.147%
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, 4 min ago9.39 bp17.7 bp −$1828.7 bp −$287doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 55 min ago4.47 bpdoesn't fit49.2 bp −$492doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSDlong−0.0191%1h$840K$1.6M50x
Deribit ALGO_USDC-PERPETUAL0.0000%1h$102K$55K25xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h$841$115K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0048%1h$61K$395K50xas long as short
Bybit ALGOUSDT+0.0050%8h$11.5M$12.9M75xas long as short
Variational Omni ALGOshort+0.0096%8h$65K$103K
Hyperliquid ALGO+0.0100%1h$3.7M$2.2M5xas long as short
Aster ALGOUSDT+0.0100%8h$44K$74K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.4M$36.5M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$8.7M50xas long as short
Gate ALGO_USDT+0.0100%8h$844K$901K50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.2M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.6M$1.7M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.6M$3.9M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.1Mas long as short
HTX ALGO-USDT+0.0100%8h$66K$108K75xas long as short
Phemex ALGOUSDT+0.0100%8h$3.9M$1.9M50xas long as short
Extended ALGO-USD+0.0104%1h$6K$207K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0156% / S −0.0080%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$511K$773K75xas long as short
dYdX ALGO-USD+0.1982%1h$161K$6K5xas long as short