Spread before costs (cost unknown: a leg has no order-book sample)−0.449%
7d average—if it closes, per $10,000$45funding while held, a day−$0.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ALGOUSDT | 0.1115 | 0.0100 | pay 0.0100% / 8h | 6h 34m | $44K | $74K | 5x |
| Short | Variational Omni ALGO | 0.1110 | 0.0079 | get 0.0079% / 8h | 6h 34m | $64K | $102K | — |
Aster ALGOUSDT
Variational Omni ALGOPrice 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
- −$44.88
- Funding while held
- −$0.64
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$53.53
- Spread needed to break even
- 0.080%
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0021%
- Per $10,000 a day
- −$0.64
- 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 Variational Omni RFQ quote, 5 min ago | 4.51 bp | doesn't fit | 49.6 bp −$496 | 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 Omni0.1110cheapest
Bybit0.1113+0.312%OKX0.1114+0.321%BingX0.1114+0.321%HTX0.1114+0.339%Binance0.1114+0.358%Gate0.1114+0.366%MEXC0.1114+0.366%Extended0.1114+0.371%KuCoin0.1114+0.375%BloFin0.1114+0.393%dYdX0.1114+0.408%Kraken Futures0.1115+0.416%Deribit0.1115+0.438%
Bybit
OKX
BingX
HTX
Binance
Gate
MEXC
Extended
KuCoin
BloFin
dYdX
Kraken Futures
DeribitAster0.1115+0.451%
Bitget0.1115+0.456%GMX0.1115+0.495%Hyperliquid0.1115+0.502%gTrade (Gains Network)0.1116+0.518%Phemex0.1117+0.637%Coinbase International0.1124+1.240%Injective0.1129+1.718%
Bitget
GMX
Hyperliquid
gTrade (Gains Network)
Phemex
Coinbase International
InjectiveALGO on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALGOshort | −0.449% | +0.0079% | 8h | $64K | $102K | — | |
| Bybit ALGOUSDT | −0.138% | −0.0014% | 8h | $11.3M | $12.7M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | −0.129% | +0.0100% | 8h | $3.0M | $8.5M | 50x | as long as short |
| BingX ALGO-USDT | −0.129% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| HTX ALGO-USDT | −0.111% | +0.0100% | 8h | $66K | $107K | 75x | as long as short |
| Binance ALGOUSDT | −0.092% | +0.0100% | 8h | $10.3M | $36.2M | 75x | as long as short |
| Gate ALGO_USDT | −0.084% | +0.0100% | 8h | $840K | $907K | 50x | as long as short |
| MEXC ALGO_USDT | −0.084% | +0.0100% | 8h | $22.1M | $3.2M | 200x | as long as short |
| Extended ALGO-USD | −0.079% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| KuCoin ALGOUSDTM | −0.075% | +0.0100% | 8h | $3.5M | $1.7M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ALGO-USDT | −0.057% | +0.0220% | 8h | $511K | $772K | 75x | as long as short |
| dYdX ALGO-USD | −0.042% | +0.1958% | 1h | $160K | $6K | 5x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.034% | −0.0193% | 1h | $825K | $1.6M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.012% | −0.0019% | 1h | $101K | $55K | 25x | as long as short |
| Aster ALGOUSDTlong | 0.000% | +0.0100% | 8h | $44K | $74K | 5x | |
| Bitget ALGOUSDT | +0.006% | +0.0100% | 8h | $5.7M | $3.9M | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.044% | L +0.0156% / S −0.0079% | 1h | $5K | — | 100x | as long as short |
| Hyperliquid ALGO | +0.050% | +0.0100% | 1h | $3.6M | $2.1M | 5x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.067% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Phemex ALGOUSDT | +0.185% | +0.0100% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.786% | +0.0048% | 1h | $61K | $394K | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.261% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |