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−0.044%7d average−0.056%fees + slippage, in and out−$131spread needed1.315%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ALGOUSDT0.11240.0100pay 0.0100% / 8h14m 00s$5.7M$4.3M75x
ShortGate ALGO_USDT0.11240.0100get 0.0100% / 8h14m 00s$851K$1.0M50x

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
−$4.45
Funding while held
$0
Slippage, 4 orders
−$104.45
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$135.9
Spread needed to break even
1.315%
Slippage from Bitget: live order book, 6 min ago; Gate: live order book, 4 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, 6 min ago4.45 bp22.6 bp −$2347.9 bp −$479doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago4.91 bp47.4 bp −$47312.9 bp −$3,129doesn'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
Variational Omni ALGO−0.556%+0.0100%8h$65K$195Kas long as short
BloFin ALGO-USDT−0.418%+0.0220%8h$518K$757K75xas long as short
Bybit ALGOUSDT−0.169%+0.0100%8h$11.4M$13.8M75xas long as short
Aster ALGOUSDT−0.075%+0.0100%8h$42K$87K5xas long as short
dYdX ALGO-USD−0.064%+0.0415%1h$161K$6K5xas long as short
OKX ALGO-USDT-SWAP−0.062%+0.0100%8h$3.0M$9.8M50xas long as short
Gate ALGO_USDTshort−0.044%+0.0100%8h$851K$1.0M50x
HTX ALGO-USDT−0.044%+0.0100%8h$67K$117K75xas long as short
BingX ALGO-USDT−0.018%+0.0100%8h$3.2Mas long as short
Extended ALGO-USD−0.014%+0.0104%1h$6K$207K10xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX ALGO/USD [WBTC.b-USDC]−0.012%L +0.0237% / S −0.0167%1h$5K100xas long as short
MEXC ALGO_USDT−0.009%+0.0100%8h$22.3M$4.0M200xas long as short
KuCoin ALGOUSDTM0.000%+0.0100%8h$3.6M$1.8M50xas long as short
Bitget ALGOUSDTlong0.000%+0.0100%8h$5.7M$4.3M75x
Binance ALGOUSDT+0.009%+0.0100%8h$10.4M$39.1M75xas long as short
gTrade (Gains Network) ALGO/USD+0.040%L +0.0001% / S +0.0003%1h$7K150xas long as short
Deribit ALGO_USDC-PERPETUAL+0.044%0.0000%1h$102K$56K25xas long as short
Kraken Futures PF_ALGOUSD+0.047%−0.0785%1h$843K$1.8M50xas long as short
Coinbase International ALGO-PERP-INTX+0.053%+0.0048%1h$61K$441K50xas long as short
Phemex ALGOUSDT+0.089%+0.0100%8h$3.9M$2.0M50xas long as short
Hyperliquid ALGO+0.098%+0.0100%1h$3.6M$2.7M5xas long as short
Injective ALGO/USDC PERP+0.445%+0.0166%1h$841$151K12xas long as short