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

ALGO

all ALGO markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$130
spread now−0.080%7d average−0.027%fees + slippage, in and out−$125spread needed1.249%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ALGO-USDT0.11210.0100pay 0.0100% / 8h7h 06m$3.1M
ShortGate ALGO_USDT0.11210.0100get 0.0100% / 8h7h 06m$845K$943K50x

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
−$8.02
Funding while held
$0
Slippage, 4 orders
−$99.88
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$132.9
Spread needed to break even
1.249%
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 47 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 BingX live order book, 5 min ago3.57 bp12.8 bp −$1332.4 bp −$324287.9 bp −$28.8K690.2 bp −$345.1K
Sell Gate live order book, 47 min ago5.36 bp45.1 bp −$45492.2 bp −$4,922doesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX ALGO-USDT−0.152%+0.0100%8h$66K$109K75xas long as short
BloFin ALGO-USDT−0.134%+0.0220%8h$508K$781K75xas long as short
Variational Omni ALGO−0.102%+0.0095%8h$65K$104Kas long as short
Bybit ALGOUSDT−0.089%+0.0057%8h$11.4M$13.0M75xas long as short
Gate ALGO_USDTshort−0.080%+0.0100%8h$845K$943K50x
Coinbase International ALGO-PERP-INTX−0.080%+0.0064%1h$61K$400K50xas long as short
OKX ALGO-USDT-SWAP−0.018%+0.0100%8h$3.0M$8.8M50xas long as short
KuCoin ALGOUSDTM−0.018%+0.0100%8h$3.6M$1.8M50xas long as short
BingX ALGO-USDTlong0.000%+0.0100%8h$3.1M
Aster ALGOUSDT+0.006%+0.0100%8h$44K$74K5xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended ALGO-USD+0.027%+0.0104%1h$6K$207K10xas long as short
dYdX ALGO-USD+0.029%+0.1081%1h$161K$6K5xas long as short
MEXC ALGO_USDT+0.036%+0.0100%8h$22.2M$3.5M200xas long as short
GMX ALGO/USD [WBTC.b-USDC]+0.036%L +0.0156% / S −0.0080%1h$5K100xas long as short
Binance ALGOUSDT+0.037%+0.0100%8h$10.4M$36.7M75xas long as short
Bitget ALGOUSDT+0.045%+0.0100%8h$5.6M$3.9M75xas long as short
Deribit ALGO_USDC-PERPETUAL+0.045%−0.0017%1h$102K$55K25xas long as short
gTrade (Gains Network) ALGO/USD+0.078%L +0.0001% / S +0.0003%1h$7K150xas long as short
Kraken Futures PF_ALGOUSD+0.116%−0.0504%1h$843K$1.7M50xas long as short
Phemex ALGOUSDT+0.134%+0.0100%8h$3.8M$1.9M50xas long as short
Hyperliquid ALGO+0.196%+0.0100%1h$3.6M$2.2M5xas long as short
Injective ALGO/USDC PERP+0.669%+0.0033%1h$841$115K12xas long as short