After costs, if the gap returns to its 7d average, $10k−$226
spread now−0.064%7d average+0.021%fees + slippage, in and out−$217spread needed2.172%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALGOUSDT | 0.1110 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $5.6M | $3.9M | 75x |
| Short | dYdX ALGO-USD | 0.1109 | 0.2216 | get 0.0277% / 1h | 19m 09s | $159K | $6K | 5x |
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
- −$6.36
- Funding while held
- $63.47
- Slippage, 4 orders
- −$195.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$160.07
- Spread needed to break even
- 2.172%
Slippage from Bitget: live order book, 5 min ago; dYdX: live order book, 21 min ago.
Cost of waiting
funding view- Funding /8h
- +0.2116%
- Per $10,000 a day
- +$63.47
- 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 Bitget live order book, 5 min ago | 4.51 bp | 21.7 bp −$22 | 54.5 bp −$545 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 21 min ago | 13.27 bp | 158.7 bp −$159 | 280.3 bp −$2,803 | 360.9 bp −$36.1K | 775.1 bp −$387.6K |
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 | |
|---|---|---|---|---|---|---|---|
| HTX ALGO-USDT | −0.207% | +0.0100% | 8h | $66K | $114K | 75x | as long as short |
| Bybit ALGOUSDT | −0.153% | −0.0075% | 8h | $11.3M | $12.7M | 75x | as long as short |
| MEXC ALGO_USDT | −0.081% | +0.0100% | 8h | $22.0M | $3.2M | 200x | as long as short |
| OKX ALGO-USDT-SWAP | −0.072% | +0.0100% | 8h | $3.0M | $8.5M | 50x | as long as short |
| Gate ALGO_USDT | −0.072% | +0.0100% | 8h | $849K | $926K | 50x | as long as short |
| KuCoin ALGOUSDTM | −0.072% | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
| Extended ALGO-USD | −0.070% | +0.0104% | 1h | $7K | $210K | 10x | as long as short |
| dYdX ALGO-USDshort | −0.064% | +0.2216% | 1h | $159K | $6K | 5x | |
| Kraken Futures PF_ALGOUSD | −0.059% | −0.0194% | 1h | $823K | $1.6M | 50x | as long as short |
| Aster ALGOUSDT | −0.058% | +0.0100% | 8h | $44K | $73K | 5x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALGO | −0.055% | +0.0061% | 8h | $64K | $14K | — | as long as short |
| Binance ALGOUSDT | −0.054% | +0.0100% | 8h | $10.0M | $36.7M | 75x | as long as short |
| BingX ALGO-USDT | −0.054% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| BloFin ALGO-USDT | −0.054% | +0.0220% | 8h | $498K | $766K | 75x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.036% | −0.0020% | 1h | $100K | $55K | 25x | as long as short |
| Bitget ALGOUSDTlong | 0.000% | +0.0100% | 8h | $5.6M | $3.9M | 75x | |
| gTrade (Gains Network) ALGO/USD | +0.005% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.026% | L +0.0155% / S −0.0079% | 1h | $5K | — | 100x | as long as short |
| Hyperliquid ALGO | +0.063% | +0.0100% | 1h | $3.6M | $2.0M | 5x | as long as short |
| Phemex ALGOUSDT | +0.090% | +0.0100% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.126% | +0.0048% | 1h | $63K | $384K | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.712% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
Bitget ALGOUSDT
HTX
Bybit
MEXC
OKX
Gate
KuCoin
Extended
Kraken Futures
Aster
Variational Omni
Binance
BingX
BloFin
Deribit
gTrade (Gains Network)
GMX
Hyperliquid
Phemex
Coinbase International
Injective