After costs, if the gap returns to its 7d average, $10k−$215
spread now−0.098%7d average+0.015%fees + slippage, in and out−$204spread needed2.038%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALGOUSDT | 0.1123 | 0.0100 | pay 0.0100% / 8h | 7h 48m | $10.4M | $38.3M | 75x |
| Short | dYdX ALGO-USD | 0.1122 | 0.0496 | get 0.0062% / 1h | 48m 12s | $161K | $6K | 5x |
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
- −$9.8
- Funding while held
- $11.89
- Slippage, 4 orders
- −$183.76
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$201.67
- Spread needed to break even
- 2.038%
Slippage from Binance: live order book, 10 min ago; dYdX: live order book, 62 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0396%
- Per $10,000 a day
- +$11.89
- 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 Binance live order book, 10 min ago | 0.89 bp | 12.5 bp −$12 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 62 min ago | 85.52 bp | 90.5 bp −$91 | 183.3 bp −$1,833 | 269.1 bp −$26.9K | 913.2 bp −$456.6K |
ALGO price on every exchange
against the cheapest. Click to use as the short leg.ALGO on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALGO | −0.397% | +0.0100% | 8h | $65K | $195K | — | as long as short |
| BloFin ALGO-USDT | −0.196% | +0.0220% | 8h | $512K | $770K | 75x | as long as short |
| Gate ALGO_USDT | −0.142% | +0.0100% | 8h | $848K | $932K | 50x | as long as short |
| Bybit ALGOUSDT | −0.125% | −0.0038% | 8h | $11.4M | $13.5M | 75x | as long as short |
| dYdX ALGO-USDshort | −0.098% | +0.0496% | 1h | $161K | $6K | 5x | |
| BingX ALGO-USDT | −0.080% | +0.0100% | 8h | — | $3.2M | — | as long as short |
| OKX ALGO-USDT-SWAP | −0.018% | +0.0100% | 8h | $3.0M | $9.4M | 50x | as long as short |
| Binance ALGOUSDTlong | 0.000% | +0.0100% | 8h | $10.4M | $38.3M | 75x | |
| KuCoin ALGOUSDTM | 0.000% | +0.0100% | 8h | $3.6M | $1.8M | 50x | as long as short |
| HTX ALGO-USDT | +0.009% | +0.0100% | 8h | $67K | $116K | 75x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.018% | +0.0100% | 8h | $22.3M | $3.4M | 200x | as long as short |
| Extended ALGO-USD | +0.033% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.040% | −0.0504% | 1h | $845K | $1.8M | 50x | as long as short |
| Aster ALGOUSDT | +0.045% | +0.0100% | 8h | $42K | $87K | 5x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | +0.053% | −0.0017% | 1h | $102K | $55K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.062% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.063% | L +0.0238% / S −0.0167% | 1h | $5K | — | 100x | as long as short |
| Bitget ALGOUSDT | +0.089% | +0.0100% | 8h | $5.7M | $4.1M | 75x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.160% | +0.0064% | 1h | $61K | $435K | 50x | as long as short |
| Phemex ALGOUSDT | +0.178% | +0.0100% | 8h | $3.9M | $1.9M | 50x | as long as short |
| Hyperliquid ALGO | +0.189% | +0.0100% | 1h | $3.6M | $2.6M | 5x | as long as short |
| Injective ALGO/USDC PERP | +0.534% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
Binance ALGOUSDT
Variational Omni
BloFin
Gate
Bybit
BingX
OKX
KuCoin
HTX
MEXC
Extended
Kraken Futures
Aster
Deribit
gTrade (Gains Network)
GMX
Bitget
Coinbase International
Phemex
Hyperliquid
Injective