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
next payment, per $10,000+$0.00paid, last 24h0.000%paid, last 7 days−0.099%to open and close $10k−$92
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ALGOUSDT0.11350.0100pay 0.0100% / 8h1h 42m$3.9M$2.1M50x
ShortBybit ALGOUSDT0.11330.0100get 0.0100% / 8h1h 42m$11.8M$14.4M75x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$69.38
Fee Phemex: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$92.38
Break-even
never at this rate
Slippage from Phemex: live order book, 2 min ago; Bybit: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.159%
Avg gap 7d
−0.184%
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, 2 min ago8.79 bp31.0 bp −$3170.3 bp −$703doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.88 bp17.4 bp −$1751.2 bp −$512doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.1338%1h$865K$1.9M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0191%1h$103K$60K25xas long as short
Injective ALGO/USDC PERP−0.0120%1h$859$100K12xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Coinbase International ALGO-PERP-INTX+0.0016%1h$69K$506K50xas long as short
Hyperliquid ALGO+0.0100%1h$3.9M$3.0M5xas long as short
Aster ALGOUSDT+0.0100%8h$43K$93K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.5M$42.7M75xas long as short
Bybit ALGOUSDTshort+0.0100%8h$11.8M$14.4M75x
OKX ALGO-USDT-SWAP+0.0100%8h$3.1M$11.2M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h$857K$1.2M50xas long as short
MEXC ALGO_USDT+0.0100%8h$21.9M$4.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h$3.7M$1.9M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.7M$4.5M75xas 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$67K$130K75xas long as short
Phemex ALGOUSDTlong+0.0100%8h$3.9M$2.1M50x
dYdX ALGO-USD+0.0102%1h$162K$6K5xas long as short
Extended ALGO-USD+0.0104%1h$13K$248K10xas long as short
BloFin ALGO-USDT+0.0220%8h$529K$745K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0239% / S −0.0167%1h$5K100xas long as short