After costs, if the gap returns to its 7d average, $10k−$101
spread now−0.116%7d average+0.100%fees + slippage, in and out−$79spread needed0.791%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALGO-USDT | 0.1130 | 0.0100 | pay 0.0100% / 8h | 40m 37s | — | $3.3M | — |
| Short | Kraken Futures PF_ALGOUSD | 0.1129 | −0.0781 | pay 0.0098% / 1h | 40m 37s | $853K | $1.8M | 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
- −$11.63
- Funding while held
- −$26.44
- Slippage, 4 orders
- −$59.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$117.2
- Spread needed to break even
- 0.791%
Slippage from BingX: live order book, 16 min ago; Kraken Futures: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0881%
- Per $10,000 a day
- −$26.44
- 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 BingX live order book, 16 min ago | 3.52 bp | 13.8 bp −$14 | 30.1 bp −$301 | 304.1 bp −$30.4K | 719.5 bp −$359.8K |
| Sell Kraken Futures live order book, 4 min ago | 12.75 bp | 34.0 bp −$34 | 70.0 bp −$700 | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALGO | −0.222% | +0.0100% | 8h | $65K | $195K | — | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.195% | −0.0547% | 1h | $102K | $57K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.186% | +0.0048% | 1h | $68K | $445K | 50x | as long as short |
| Gate ALGO_USDT | −0.124% | +0.0100% | 8h | $854K | $1.0M | 50x | as long as short |
| Injective ALGO/USDC PERP | −0.124% | +0.0166% | 1h | $841 | $151K | 12x | as long as short |
| BloFin ALGO-USDT | −0.124% | +0.0220% | 8h | $521K | $709K | 75x | as long as short |
| Aster ALGOUSDT | −0.122% | +0.0100% | 8h | $43K | $87K | 5x | as long as short |
| Kraken Futures PF_ALGOUSDshort | −0.116% | −0.0781% | 1h | $853K | $1.8M | 50x | |
| GMX ALGO/USD [WBTC.b-USDC] | −0.092% | L +0.0238% / S −0.0167% | 1h | $5K | — | 100x | as long as short |
| gTrade (Gains Network) ALGO/USD | −0.091% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.088% | +0.0100% | 8h | $11.7M | $13.1M | 75x | as long as short |
| HTX ALGO-USDT | −0.080% | +0.0100% | 8h | $67K | $117K | 75x | as long as short |
| Bitget ALGOUSDT | −0.035% | +0.0100% | 8h | $5.6M | $4.2M | 75x | as long as short |
| Extended ALGO-USD | −0.019% | +0.0104% | 1h | $13K | $224K | 10x | as long as short |
| dYdX ALGO-USD | −0.018% | +0.0298% | 1h | $162K | $6K | 5x | as long as short |
| OKX ALGO-USDT-SWAP | −0.018% | +0.0100% | 8h | $3.0M | $9.9M | 50x | as long as short |
| MEXC ALGO_USDT | −0.009% | +0.0100% | 8h | $22.5M | $4.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | 0.000% | +0.0100% | 8h | $3.7M | $1.8M | 50x | as long as short |
| BingX ALGO-USDTlong | 0.000% | +0.0100% | 8h | — | $3.3M | — | |
| Binance ALGOUSDT | +0.027% | +0.0100% | 8h | $10.4M | $39.3M | 75x | as long as short |
| Phemex ALGOUSDT | +0.053% | +0.0100% | 8h | $3.9M | $2.0M | 50x | as long as short |
| Hyperliquid ALGO | +0.173% | +0.0100% | 1h | $3.7M | $2.7M | 5x | as long as short |
BingX ALGO-USDT
Kraken Futures PF_ALGOUSD
Variational Omni
Deribit
Coinbase International
Gate
Injective
BloFin
Aster
GMX
gTrade (Gains Network)
Bybit
HTX
Bitget
Extended
OKX
MEXC
KuCoin
Binance
Phemex
Hyperliquid