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

ALGO

all ALGO markets
SwapPrice view
Alert
Funding spread now, next payment 00:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h0.000%paid, last 7 days−0.100%to open and close $10k−$79
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ALGOUSDT0.11180.0100pay 0.0100% / 8h6h 55m$3.8M$1.9M50x
ShortBinance ALGOUSDT0.11150.0100get 0.0100% / 8h6h 55m$10.3M$36.5M75x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$57.38
Fee Phemex: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$79.38
Break-even
never at this rate
Slippage from Phemex: live order book, 5 min ago; Binance: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.261%
Avg gap 7d
−0.128%
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 Phemex live order book, 5 min ago8.92 bp26.1 bp −$2660.2 bp −$602doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago0.89 bp14.7 bp −$1530.4 bp −$304doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.0287%1h$101K$55K25xas long as short
Kraken Futures PF_ALGOUSD−0.0193%1h$835K$1.7M50xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Bybit ALGOUSDT+0.0001%8h$11.4M$12.9M75xas 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
Variational Omni ALGO+0.0093%8h$65K$104Kas long as short
Hyperliquid ALGO+0.0100%1h$3.7M$2.2M5xas long as short
Aster ALGOUSDT+0.0100%8h$44K$74K5xas long as short
Binance ALGOUSDTshort+0.0100%8h$10.3M$36.5M75x
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$840K$901K50xas long as short
MEXC ALGO_USDT+0.0100%8h$22.1M$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 ALGOUSDTlong+0.0100%8h$3.8M$1.9M50x
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$509K$778K75xas long as short
dYdX ALGO-USD+0.1698%1h$160K$6K5xas long as short