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−$67
spread now−0.045%7d average−0.006%fees + slippage, in and out−$63spread needed0.634%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ALGOUSDT0.11060.0100pay 0.0100% / 8h4h 55m$5.6M$3.7M75x
ShortBingX ALGO-USDT0.11050.0100get 0.0100% / 8h4h 55m$3.1M

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
−$4.52
Funding while held
$0
Slippage, 4 orders
−$41.37
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$67.89
Spread needed to break even
0.634%
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 16 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 Bitget live order book, 4 min ago4.51 bp19.4 bp −$1929.7 bp −$297doesn't fitdoesn't fit
Sell BingX live order book, 16 min ago3.16 bp14.3 bp −$1434.7 bp −$347125.7 bp −$12.6K646.4 bp −$323.2K

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
Bybit ALGOUSDT−0.127%−0.0126%8h$11.2M$12.5M75xas long as short
Variational Omni ALGO−0.084%−0.0012%8h$64K$13Kas long as short
OKX ALGO-USDT-SWAP−0.072%+0.0100%8h$3.0M$8.0M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.063%−0.0293%1h$100K$54K25xas long as short
Kraken Futures PF_ALGOUSD−0.056%−0.0157%1h$812K$1.2M50xas long as short
BingX ALGO-USDTshort−0.045%+0.0100%8h$3.1M
GMX ALGO/USD [WBTC.b-USDC]−0.029%L +0.0153% / S −0.0077%1h$5K100xas long as short
Extended ALGO-USD−0.010%+0.0104%1h$7K$210K10xas long as short
Gate ALGO_USDT0.000%+0.0100%8h$836K$799K50xas long as short
MEXC ALGO_USDT0.000%+0.0100%8h$22.2M$3.0M200xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget ALGOUSDTlong0.000%+0.0100%8h$5.6M$3.7M75x
Binance ALGOUSDT+0.018%+0.0100%8h$9.9M$35.5M75xas long as short
gTrade (Gains Network) ALGO/USD+0.018%L +0.0001% / S +0.0003%1h$7K150xas long as short
KuCoin ALGOUSDTM+0.027%+0.0100%8h$3.6M$1.6M50xas long as short
HTX ALGO-USDT+0.036%+0.0100%8h$66K$111K75xas long as short
Aster ALGOUSDT+0.039%+0.0100%8h$44K$35K5xas long as short
dYdX ALGO-USD+0.054%+0.4111%1h$159K$6K5xas long as short
Hyperliquid ALGO+0.127%+0.0100%1h$3.6M$2.1M5xas long as short
Phemex ALGOUSDT+0.271%+0.0152%8h$3.8M$1.8M50xas long as short
Coinbase International ALGO-PERP-INTX+0.298%+0.0008%1h$61K$359K50xas long as short
BloFin ALGO-USDT+0.344%+0.0220%8h$491K$800K75xas long as short
Injective ALGO/USDC PERP+2.080%+0.0033%1h$841$81K12xas long as short