Spread before costs (cost unknown: a leg has no order-book sample)−0.046%
7d average—if it closes, per $10,000$5funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ALGOUSDT | 0.1142 | 0.0100 | pay 0.0100% / 8h | 47m 34s | $43K | $91K | 5x |
| Short | GMX ALGO/USD [WBTC.b-USDC] | 0.1141 | L +0.0239% / S −0.0167% | get 0.0021% / 1h | 47m 34s | $5K | — | 100x |
Aster ALGOUSDT
GMX ALGO/USD [WBTC.b-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$4.62
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$22.61
- Spread needed to break even
- 0.200%
Slippage unknown: Aster: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- Average in range /8h
- —
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 Aster no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Aster and GMX: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1129cheapestVariational Omni0.1136+0.576%Bybit0.1138+0.797%BingX0.1139+0.877%Extended0.1139+0.879%Binance0.1139+0.921%OKX0.1139+0.921%Gate0.1140+0.939%MEXC0.1140+0.948%HTX0.1140+0.965%Bitget0.1140+0.974%Kraken Futures0.1140+0.998%KuCoin0.1141+1.027%Deribit0.1141+1.027%BloFin0.1141+1.045%
Injective
Variational Omni
Bybit
BingX
Extended
Binance
OKX
Gate
MEXC
HTX
Bitget
Kraken Futures
KuCoin
Deribit
BloFinGMX0.1141+1.092%
gTrade (Gains Network)0.1141+1.097%dYdX0.1142+1.108%Coinbase International0.1142+1.116%
gTrade (Gains Network)
dYdX
Coinbase InternationalAster0.1142+1.139%
Hyperliquid0.1142+1.143%Phemex0.1143+1.240%
Hyperliquid
PhemexALGO on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ALGO/USDC PERP | −1.126% | +0.0166% | 1h | $841 | $151K | 12x | as long as short |
| Variational Omni ALGO | −0.556% | +0.0100% | 8h | $66K | $197K | — | as long as short |
| Bybit ALGOUSDT | −0.338% | +0.0100% | 8h | $11.8M | $13.5M | 75x | as long as short |
| BingX ALGO-USDT | −0.259% | +0.0100% | 8h | — | $3.3M | — | as long as short |
| Extended ALGO-USD | −0.257% | +0.0104% | 1h | $13K | $248K | 10x | as long as short |
| Binance ALGOUSDT | −0.215% | +0.0100% | 8h | $10.5M | $40.1M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | −0.215% | +0.0100% | 8h | $3.1M | $10.3M | 50x | as long as short |
| Gate ALGO_USDT | −0.198% | +0.0100% | 8h | $862K | $1.0M | 50x | as long as short |
| MEXC ALGO_USDT | −0.189% | +0.0100% | 8h | $22.5M | $3.9M | 200x | as long as short |
| HTX ALGO-USDT | −0.171% | +0.0100% | 8h | $67K | $120K | 75x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ALGOUSDT | −0.163% | +0.0100% | 8h | $5.7M | $4.3M | 75x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.139% | −0.0774% | 1h | $862K | $1.8M | 50x | as long as short |
| KuCoin ALGOUSDTM | −0.110% | +0.0100% | 8h | $3.7M | $1.8M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.110% | −0.0451% | 1h | $103K | $58K | 25x | as long as short |
| BloFin ALGO-USDT | −0.093% | +0.0220% | 8h | $529K | $719K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC]short | −0.046% | L +0.0239% / S −0.0167% | 1h | $5K | — | 100x | |
| gTrade (Gains Network) ALGO/USD | −0.042% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| dYdX ALGO-USD | −0.030% | +0.0248% | 1h | $164K | $6K | 5x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.023% | +0.0048% | 1h | $69K | $470K | 50x | as long as short |
| Aster ALGOUSDTlong | 0.000% | +0.0100% | 8h | $43K | $91K | 5x | |
| Hyperliquid ALGO | +0.004% | +0.0100% | 1h | $3.7M | $2.7M | 5x | as long as short |
| Phemex ALGOUSDT | +0.100% | +0.0100% | 8h | $4.0M | $2.0M | 50x | as long as short |