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

ALGO

all ALGO markets
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Funding spread now, next payment 00:00 UTC+0.0031%/8h
next payment, per $10,000+$0.31paid, last 24h0.000%paid, last 3 days+0.025%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ALGO0.11070.0069pay 0.0069% / 8h6h 22m$65K$14K
ShortBinance ALGOUSDT0.11110.0100get 0.0100% / 8h6h 22m$10.0M$36.9M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$6.46
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$3.54
Break-even
10.8 days
Slippage unknown: Variational Omni: RFQ quote, 18 min ago; Binance: live order book, 6 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.340%
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 Variational Omni RFQ quote, 18 min ago4.51 bpdoesn't fit31.6 bp −$316doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago1.80 bp13.3 bp −$1327.4 bp −$274doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0194%1h$826K$1.6M50xas long as short
Bybit ALGOUSDT−0.0060%8h$11.3M$12.8M75xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0020%1h$101K$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$63K$392K50xas long as short
Variational Omni ALGOlong+0.0069%8h$65K$14K
Hyperliquid ALGO+0.0100%1h$3.6M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h$44K$73K5xas long as short
Binance ALGOUSDTshort+0.0100%8h$10.0M$36.9M75x
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$8.5M50xas long as short
Gate ALGO_USDT+0.0100%8h$850K$926K50xas 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$5.7M$3.9M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.1Mas long as short
HTX ALGO-USDT+0.0100%8h$67K$114K75xas long as short
Phemex ALGOUSDT+0.0100%8h$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h$7K$210K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0155% / S −0.0079%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$506K$765K75xas long as short
dYdX ALGO-USD+0.2172%1h$159K$6K5xas long as short