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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Binance−0.071%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$960.955% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 3 days (all we have)−0.023%−$2 · spread now −0.071%, 7d avg −0.052%
Together, before fees+0.077%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ALGOUSDT0.11280.0100pay 0.0100% / 8h40m 56s$9.9M$34.8M75x
ShortHTX ALGO-USDT0.11270.0100get 0.0100% / 8h40m 56s$66K$108K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
$0
Price spread: −0.071% → −0.052%
−$1.92
Slippage, 4 orders
−$73.53
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$97.45
Costs to cover
0.955%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; HTX: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 16 min ago0.89 bp12.1 bp −$1229.7 bp −$297doesn't fitdoesn't fit
Sell HTX live order book, 35 min ago10.27 bp18.2 bp −$18doesn't fitdoesn't fitdoesn't fit

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
Deribit ALGO_USDC-PERPETUAL−0.0370%1h0.1129+0.044%$102K$50K25xas long as short
Kraken Futures PF_ALGOUSD−0.0157%1h0.1129+0.042%$839K$1.1M50xas long as short
Coinbase International ALGO-PERP-INTX−0.0112%1h0.1130+0.168%$62K$334K50xas long as short
Bybit ALGOUSDT−0.0100%8h0.1128−0.044%$11.3M$12.2M75xas long as short
Variational Omni ALGO−0.0076%8h0.1129+0.090%$65K$10Kas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1129+0.089%$6K150xas long as short
Injective ALGO/USDC PERP+0.0026%1h0.1120−0.718%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1130+0.186%$3.8M$1.9M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1128+0.019%$45K$35K5xas long as short
Binance ALGOUSDTlong+0.0100%8h0.1128long leg$9.9M$34.8M75x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1128−0.044%$3.0M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1129+0.080%$891K$834K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1128+0.018%$23.1M$2.9M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1129+0.062%$3.6M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1128−0.009%$5.7M$3.6M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1128−0.027%$3.3Mas long as short
HTX ALGO-USDTshort+0.0100%8h0.1127−0.071%$66K$108K75x
Phemex ALGOUSDT+0.0100%8h0.1130+0.168%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1128−0.010%$7K$210K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1128−0.044%$491K$797K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0316% / S −0.0302%1h0.1129+0.105%$7K100xas long as short
dYdX ALGO-USD+0.1558%1h0.1128+0.018%$162K$3K5xas long as short