After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.099%7d average+0.026%fees + slippage, in and out−$39spread needed0.391%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALGOUSDT | 0.1108 | 0.0100 | pay 0.0100% / 8h | 6h 16m | $5.6M | $3.8M | 75x |
| Short | MEXC ALGO_USDT | 0.1109 | 0.0100 | get 0.0100% / 8h | 6h 16m | $22.0M | $3.2M | 200x |
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
- $9.93
- Funding while held
- $0
- Slippage, 4 orders
- −$27.09
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$29.16
- Spread needed to break even
- 0.391%
Slippage from Bitget: live order book, 3 min ago; MEXC: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 3 min ago | 4.50 bp | 10.5 bp −$11 | 17.8 bp −$178 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.45 bp | 4.0 bp −$4 | 32.1 bp −$321 | 486.2 bp −$48.6K | 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 | |
|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.090% | −0.0065% | 8h | $11.2M | $12.6M | 75x | as long as short |
| Gate ALGO_USDT | −0.090% | +0.0100% | 8h | $847K | $926K | 50x | as long as short |
| BingX ALGO-USDT | −0.054% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| Binance ALGOUSDT | −0.018% | +0.0100% | 8h | $9.9M | $36.4M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | −0.009% | +0.0100% | 8h | $3.0M | $8.4M | 50x | as long as short |
| Bitget ALGOUSDTlong | 0.000% | +0.0100% | 8h | $5.6M | $3.8M | 75x | |
| Extended ALGO-USD | +0.020% | +0.0104% | 1h | $7K | $210K | 10x | as long as short |
| HTX ALGO-USDT | +0.054% | +0.0100% | 8h | $67K | $113K | 75x | as long as short |
| MEXC ALGO_USDTshort | +0.099% | +0.0100% | 8h | $22.0M | $3.2M | 200x | |
| Variational Omni ALGO | +0.126% | +0.0061% | 8h | $64K | $14K | — | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ALGOUSDT | +0.197% | +0.0100% | 8h | $44K | $73K | 5x | as long as short |
| BloFin ALGO-USDT | +0.226% | +0.0220% | 8h | $496K | $766K | 75x | as long as short |
| KuCoin ALGOUSDTM | +0.244% | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.268% | −0.0194% | 1h | $824K | $1.5M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | +0.271% | −0.0020% | 1h | $101K | $55K | 25x | as long as short |
| dYdX ALGO-USD | +0.283% | +0.2285% | 1h | $159K | $6K | 5x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.307% | +0.0048% | 1h | $63K | $378K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.309% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.309% | L +0.0155% / S −0.0079% | 1h | $5K | — | 100x | as long as short |
| Hyperliquid ALGO | +0.343% | +0.0100% | 1h | $3.6M | $2.0M | 5x | as long as short |
| Phemex ALGOUSDT | +0.451% | +0.0100% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.895% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
Bitget ALGOUSDT
MEXC ALGO_USDT
Bybit
Gate
BingX
Binance
OKX
Extended
HTX
Variational Omni
Aster
BloFin
KuCoin
Kraken Futures
Deribit
Coinbase International
gTrade (Gains Network)
GMX
Hyperliquid
Phemex
Injective