ALGO

Alert

Funding spread now, next payment 18:00 UTC−0.0102%/8h

paid, last 24h−0.031%paid, last 3 days−0.088%to open and closeno order book

Long on Variational Omni Short on gTrade (Gains Network)

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ALGO	0.1118	0.0099	pay 0.0099% / 8h	6h 55m	$65K	$104K	—
Short	gTrade (Gains Network) ALGO/USD	0.1117	L +0.0001% / S +0.0003%	pay 0.0000% / 1h	55m 48s	$7K	—	150x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee gTrade (Gains Network)bpOrdersRate

Funding earned: −$21.44
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$31.44
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 49 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.095%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 49 min ago	4.47 bp	doesn't fit	49.2 bp −$492	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ALGO on 22 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit ALGO_USDC-PERPETUAL	−0.0287%	1h	$101K	$55K	25x	as long as short
Kraken Futures PF_ALGOUSD	−0.0193%	1h	$835K	$1.7M	50x	as long as short
gTrade (Gains Network) ALGO/USDshort	L +0.0001% / S +0.0003%	1h	$7K	—	150x
Bybit ALGOUSDT	+0.0006%	8h	$11.4M	$13.0M	75x	as long as short
Injective ALGO/USDC PERP	+0.0033%	1h	$841	$115K	12x	as long as short
Coinbase International ALGO-PERP-INTX	+0.0048%	1h	$61K	$395K	50x	as long as short
Variational Omni ALGOlong	+0.0099%	8h	$65K	$104K	—
Hyperliquid ALGO	+0.0100%	1h	$3.7M	$2.2M	5x	as long as short
Aster ALGOUSDT	+0.0100%	8h	$44K	$74K	5x	as long as short
Binance ALGOUSDT	+0.0100%	8h	$10.3M	$36.5M	75x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX ALGO-USDT-SWAP	+0.0100%	8h	$3.0M	$8.7M	50x	as long as short
Gate ALGO_USDT	+0.0100%	8h	$840K	$901K	50x	as long as short
MEXC ALGO_USDT	+0.0100%	8h	$22.1M	$3.2M	200x	as long as short
KuCoin ALGOUSDTM	+0.0100%	8h	$3.6M	$1.7M	50x	as long as short
Bitget ALGOUSDT	+0.0100%	8h	$5.6M	$3.9M	75x	as long as short
BingX ALGO-USDT	+0.0100%	8h	—	$3.1M	—	as long as short
HTX ALGO-USDT	+0.0100%	8h	$66K	$108K	75x	as long as short
Phemex ALGOUSDT	+0.0100%	8h	$3.8M	$1.9M	50x	as long as short
Extended ALGO-USD	+0.0104%	1h	$6K	$207K	10x	as long as short
GMX ALGO/USD [WBTC.b-USDC]	L +0.0156% / S −0.0080%	1h	$5K	—	100x	as long as short
BloFin ALGO-USDT	+0.0220%	8h	$509K	$778K	75x	as long as short
dYdX ALGO-USD	+0.1706%	1h	$160K	$6K	5x	as long as short