Spread before costs (cost unknown: a leg has no order-book sample)+0.109%
7d average—if it closes, per $10,000$11funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ALGOUSDT | 0.1122 | 0.0100 | pay 0.0100% / 8h | 7h 04m | $44K | $74K | 5x |
| Short | Phemex ALGOUSDT | 0.1123 | 0.0100 | get 0.0100% / 8h | 7h 04m | $3.8M | $1.9M | 50x |
Aster ALGOUSDT
Phemex ALGOUSDTPrice 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
- $10.86
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$9.14
- Spread needed to break even
- 0.200%
Slippage unknown: Aster: no order-book sample; Phemex: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Phemex live order book, 6 min ago | 4.45 bp | 24.2 bp −$24 | 64.2 bp −$642 | doesn't fit | doesn't fit |
Aster: 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.Variational Omni0.1119cheapestBybit0.1120+0.021%Gate0.1120+0.030%OKX0.1120+0.057%Coinbase International0.1121+0.111%HTX0.1121+0.137%MEXC0.1121+0.146%KuCoin0.1121+0.146%BingX0.1121+0.155%BloFin0.1121+0.164%Binance0.1121+0.170%Extended0.1121+0.180%Deribit0.1121+0.191%dYdX0.1122+0.207%gTrade (Gains Network)0.1122+0.211%GMX0.1122+0.213%
Variational Omni
Bybit
Gate
OKX
Coinbase International
HTX
MEXC
KuCoin
BingX
BloFin
Binance
Extended
Deribit
dYdX
gTrade (Gains Network)
GMXAster0.1122+0.216%
Bitget0.1122+0.236%Kraken Futures0.1122+0.238%
Bitget
Kraken FuturesPhemex0.1123+0.325%
Hyperliquid0.1123+0.334%Injective0.1129+0.861%
Hyperliquid
InjectiveALGO on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALGO | −0.216% | +0.0096% | 8h | $65K | $104K | — | as long as short |
| Bybit ALGOUSDT | −0.195% | +0.0080% | 8h | $11.4M | $13.0M | 75x | as long as short |
| Gate ALGO_USDT | −0.186% | +0.0100% | 8h | $844K | $943K | 50x | as long as short |
| OKX ALGO-USDT-SWAP | −0.159% | +0.0100% | 8h | $3.0M | $8.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.105% | +0.0064% | 1h | $61K | $400K | 50x | as long as short |
| HTX ALGO-USDT | −0.079% | +0.0100% | 8h | $67K | $108K | 75x | as long as short |
| MEXC ALGO_USDT | −0.070% | +0.0100% | 8h | $22.2M | $3.5M | 200x | as long as short |
| KuCoin ALGOUSDTM | −0.070% | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
| BingX ALGO-USDT | −0.061% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| BloFin ALGO-USDT | −0.052% | +0.0220% | 8h | $508K | $781K | 75x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ALGOUSDT | −0.046% | +0.0100% | 8h | $10.4M | $36.6M | 75x | as long as short |
| Extended ALGO-USD | −0.036% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.025% | −0.0107% | 1h | $101K | $55K | 25x | as long as short |
| dYdX ALGO-USD | −0.009% | +0.1111% | 1h | $161K | $6K | 5x | as long as short |
| gTrade (Gains Network) ALGO/USD | −0.006% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | −0.003% | L +0.0156% / S −0.0080% | 1h | $5K | — | 100x | as long as short |
| Aster ALGOUSDTlong | 0.000% | +0.0100% | 8h | $44K | $74K | 5x | |
| Bitget ALGOUSDT | +0.019% | +0.0100% | 8h | $5.6M | $3.9M | 75x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.021% | −0.0505% | 1h | $842K | $1.7M | 50x | as long as short |
| Phemex ALGOUSDTshort | +0.109% | +0.0100% | 8h | $3.8M | $1.9M | 50x | |
| Hyperliquid ALGO | +0.117% | +0.0100% | 1h | $3.6M | $2.2M | 5x | as long as short |
| Injective ALGO/USDC PERP | +0.643% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |