Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0165%/8h= +18.0% APRnext payment +$1.65 per $10,000 · paid last 24h +0.023%
Price spread now: OKX against Variational Omni+0.032%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.032% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ALGO0.1113−0.0065get 0.0065% / 8h7h 04m$61K$12K
ShortOKX ALGO-USDT-SWAP0.11140.0100get 0.0100% / 8h7h 04m$2.9M$7.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$34.59
Price spread: +0.032% → 0.000%
$3.2
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
$27.79
Costs to cover
0.100%
Break-even
1.4 days
Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 3 min ago. Net counts fees only.

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 no order-book sample
Sell OKX live order book, 3 min ago1.34 bp16.5 bp −$1748.3 bp −$483doesn't fitdoesn't fit
Variational Omni: 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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0569%1h0.1114+0.009%$827K$1.1M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0199%1h0.1113−0.040%$101K$49K25xas long as short
Coinbase International ALGO-PERP-INTX−0.0104%1h0.1114+0.032%$87K$273K50xas long as short
Variational Omni ALGOlong−0.0065%8h0.1113long leg$61K$12K
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1114+0.027%$6K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.589%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1115+0.176%$3.7M$1.9M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1113−0.068%$44K$38K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1114+0.031%$10.0M$34.6M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1113−0.004%$11.3M$12.0M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAPshort+0.0100%8h0.1114+0.032%$2.9M$7.5M50x
Gate ALGO_USDT+0.0100%8h0.1113−0.076%$873K$829K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1114+0.077%$22.9M$3.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1114+0.077%$3.6M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1114+0.050%$5.6M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1113−0.013%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1114+0.050%$61K$142K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1116+0.230%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1114+0.051%$8K$233K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1113−0.004%$494K$764K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0341% / S −0.0313%1h0.11130.000%$7K100xas long as short
dYdX ALGO-USD+0.1471%1h0.1113−0.059%$159K$3K5xas long as short