data as of
Settings8H · net · $10k
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Price arb /

ALGO

all ALGO markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$42
spread now+0.165%7d average+0.053%fees + slippage, in and out−$54spread needed0.536%
Long on BinanceShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ALGOUSDT0.11370.0100pay 0.0100% / 8h58m 42s$10.5M$40.9M75x
ShortHyperliquid ALGO0.11390.0100get 0.0013% / 1h58m 42s$3.7M$2.8M5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$16.52
Funding while held
$0
Slippage, 4 orders
−$34.63
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$37.11
Spread needed to break even
0.536%
Slippage from Binance: live order book, 15 min ago; Hyperliquid: live order book, 4 min ago.

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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago0.88 bp11.3 bp −$1128.9 bp −$289doesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago0.88 bp14.9 bp −$15doesn't fitdoesn't fitdoesn't fit

ALGO price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.1129cheapestVariational Omni0.1135+0.556%Deribit0.1136+0.593%BloFin0.1136+0.602%gTrade (Gains Network)0.1136+0.605%GMX0.1136+0.624%Kraken Futures0.1136+0.629%Gate0.1137+0.664%HTX0.1137+0.664%Bybit0.1137+0.682%Extended0.1137+0.705%dYdX0.1137+0.733%
Binance0.1137+0.737%
OKX0.1138+0.753%KuCoin0.1138+0.753%BingX0.1138+0.753%Aster0.1138+0.756%Coinbase International0.1138+0.762%MEXC0.1138+0.771%Bitget0.1138+0.797%Phemex0.1138+0.797%
Hyperliquid0.1139+0.903%

ALGO on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective ALGO/USDC PERP−0.732%+0.0166%1h$841$151K12xas long as short
Variational Omni ALGO−0.180%+0.0100%8h$66K$197K—as long as short
Deribit ALGO_USDC-PERPETUAL−0.143%−0.0366%1h$103K$61K25xas long as short
BloFin ALGO-USDT−0.134%+0.0220%8h$522K$725K75xas long as short
gTrade (Gains Network) ALGO/USD−0.131%L +0.0001% / S +0.0003%1h$7K—150xas long as short
GMX ALGO/USD [WBTC.b-USDC]−0.113%L +0.0239% / S −0.0167%1h$5K—100xas long as short
Kraken Futures PF_ALGOUSD−0.107%−0.0777%1h$861K$1.9M50xas long as short
Gate ALGO_USDT−0.072%+0.0100%8h$860K$1.0M50xas long as short
HTX ALGO-USDT−0.072%+0.0100%8h$67K$123K75xas long as short
Bybit ALGOUSDT−0.055%+0.0100%8h$11.8M$13.8M75xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended ALGO-USD−0.031%+0.0104%1h$13K$248K10xas long as short
dYdX ALGO-USD−0.004%+0.0703%1h$163K$6K5xas long as short
Binance ALGOUSDTlong0.000%+0.0100%8h$10.5M$40.9M75x
OKX ALGO-USDT-SWAP+0.016%+0.0100%8h$3.0M$10.6M50xas long as short
KuCoin ALGOUSDTM+0.016%+0.0100%8h$3.7M$1.8M50xas long as short
BingX ALGO-USDT+0.016%+0.0100%8h—$3.3M—as long as short
Aster ALGOUSDT+0.019%+0.0100%8h$43K$92K5xas long as short
Coinbase International ALGO-PERP-INTX+0.025%+0.0048%1h$69K$475K50xas long as short
MEXC ALGO_USDT+0.033%+0.0100%8h$22.3M$3.8M200xas long as short
Bitget ALGOUSDT+0.060%+0.0100%8h$5.7M$4.3M75xas long as short
Phemex ALGOUSDT+0.060%+0.0100%8h$3.9M$2.1M50xas long as short
Hyperliquid ALGOshort+0.165%+0.0100%1h$3.7M$2.8M5x