After costs, if the gap returns to its 7d average, $10k−$81
spread now−0.025%7d average+0.067%fees + slippage, in and out−$72spread needed0.716%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALGOUSDT | 0.1109 | 0.0100 | pay 0.0100% / 8h | 5h 10m | $9.9M | $35.8M | 75x |
| Short | Kraken Futures PF_ALGOUSD | 0.1109 | −0.0374 | pay 0.0047% / 1h | 10m 59s | $815K | $1.3M | 50x |
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
- −$2.51
- Funding while held
- −$14.22
- Slippage, 4 orders
- −$51.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$88.33
- Spread needed to break even
- 0.716%
Slippage from Binance: live order book, 2 min ago; Kraken Futures: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0474%
- Per $10,000 a day
- −$14.22
- 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, 2 min ago | 0.90 bp | 12.4 bp −$12 | 32.9 bp −$329 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 7.67 bp | 27.0 bp −$27 | 62.2 bp −$622 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Coinbase International ALGO-PERP-INTX | −0.301% | +0.0032% | 1h | $61K | $359K | 50x | as long as short |
| Variational Omni ALGO | −0.158% | −0.0002% | 8h | $64K | $13K | — | as long as short |
| Bybit ALGOUSDT | −0.148% | −0.0144% | 8h | $11.2M | $12.7M | 75x | as long as short |
| Gate ALGO_USDT | −0.121% | +0.0100% | 8h | $837K | $818K | 50x | as long as short |
| HTX ALGO-USDT | −0.112% | +0.0100% | 8h | $66K | $111K | 75x | as long as short |
| BingX ALGO-USDT | −0.076% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| dYdX ALGO-USD | −0.072% | +0.4897% | 1h | $159K | $6K | 5x | as long as short |
| OKX ALGO-USDT-SWAP | −0.058% | +0.0100% | 8h | $3.0M | $8.2M | 50x | as long as short |
| BloFin ALGO-USDT | −0.058% | +0.0220% | 8h | $490K | $800K | 75x | as long as short |
| Kraken Futures PF_ALGOUSDshort | −0.025% | −0.0374% | 1h | $815K | $1.3M | 50x |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ALGOUSDT | −0.025% | +0.0100% | 8h | $44K | $73K | 5x | as long as short |
| MEXC ALGO_USDT | −0.013% | +0.0100% | 8h | $22.3M | $3.1M | 200x | as long as short |
| Extended ALGO-USD | −0.008% | +0.0104% | 1h | $7K | $210K | 10x | as long as short |
| KuCoin ALGOUSDTM | −0.004% | +0.0100% | 8h | $3.6M | $1.6M | 50x | as long as short |
| Bitget ALGOUSDT | −0.004% | +0.0100% | 8h | $5.6M | $3.8M | 75x | as long as short |
| Binance ALGOUSDTlong | 0.000% | +0.0100% | 8h | $9.9M | $35.8M | 75x | |
| gTrade (Gains Network) ALGO/USD | +0.013% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | +0.023% | 0.0000% | 1h | $100K | $54K | 25x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.038% | L +0.0154% / S −0.0077% | 1h | $5K | — | 100x | as long as short |
| Phemex ALGOUSDT | +0.177% | +0.0109% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Hyperliquid ALGO | +0.186% | +0.0100% | 1h | $3.6M | $2.1M | 5x | as long as short |
| Injective ALGO/USDC PERP | +1.800% | +0.0033% | 1h | $841 | $81K | 12x | as long as short |
Binance ALGOUSDT
Kraken Futures PF_ALGOUSD
Coinbase International
Variational Omni
Bybit
Gate
HTX
BingX
OKX
BloFin
Aster
MEXC
Extended
KuCoin
Bitget
gTrade (Gains Network)
Deribit
GMX
Phemex
Hyperliquid
Injective