After costs, if the gap returns to its 7d average, $10k−$21
spread now+0.271%7d average−0.032%fees + slippage, in and out−$52spread needed0.515%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALGO-USDT | 0.1105 | 0.0220 | pay 0.0220% / 8h | 6h 10m | $493K | $773K | 75x |
| Short | Coinbase International ALGO-PERP-INTX | 0.1108 | 0.0048 | get 0.0006% / 1h | 10m 56s | $63K | $364K | 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
- $27.15
- Funding while held
- −$5.16
- Slippage, 4 orders
- −$29.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$29.55
- Spread needed to break even
- 0.515%
Slippage from BloFin: live order book, 27 min ago; Coinbase International: live order book, 29 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0172%
- Per $10,000 a day
- −$5.16
- 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 BloFin live order book, 27 min ago | 2.25 bp | 11.9 bp −$12 | 23.7 bp −$237 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 29 min ago | 6.29 bp | 12.2 bp −$12 | 17.8 bp −$178 | 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 | |
|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.181% | −0.0068% | 8h | $11.2M | $12.6M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | −0.109% | +0.0100% | 8h | $3.0M | $8.3M | 50x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.107% | −0.0195% | 1h | $817K | $1.3M | 50x | as long as short |
| Gate ALGO_USDT | −0.100% | +0.0100% | 8h | $840K | $929K | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.090% | −0.0474% | 1h | $100K | $55K | 25x | as long as short |
| Phemex ALGOUSDT | −0.090% | +0.0100% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | −0.071% | +0.0104% | 1h | $7K | $210K | 10x | as long as short |
| Binance ALGOUSDT | −0.063% | +0.0100% | 8h | $9.9M | $36.2M | 75x | as long as short |
| BingX ALGO-USDT | −0.063% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| MEXC ALGO_USDT | −0.045% | +0.0100% | 8h | $21.9M | $3.3M | 200x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX ALGO/USD [WBTC.b-USDC] | −0.045% | L +0.0155% / S −0.0079% | 1h | $5K | — | 100x | as long as short |
| HTX ALGO-USDT | −0.036% | +0.0100% | 8h | $66K | $113K | 75x | as long as short |
| KuCoin ALGOUSDTM | 0.000% | +0.0100% | 8h | $3.5M | $1.7M | 50x | as long as short |
| Bitget ALGOUSDT | 0.000% | +0.0100% | 8h | $5.6M | $3.8M | 75x | as long as short |
| gTrade (Gains Network) ALGO/USD | 0.000% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| BloFin ALGO-USDTlong | 0.000% | +0.0220% | 8h | $493K | $773K | 75x | |
| Aster ALGOUSDT | +0.043% | +0.0100% | 8h | $43K | $73K | 5x | as long as short |
| Hyperliquid ALGO | +0.100% | +0.0100% | 1h | $3.6M | $2.0M | 5x | as long as short |
| dYdX ALGO-USD | +0.262% | +0.2373% | 1h | $159K | $6K | 5x | as long as short |
| Coinbase International ALGO-PERP-INTXshort | +0.271% | +0.0048% | 1h | $63K | $364K | 50x | |
| Variational Omni ALGO | +0.389% | +0.0061% | 8h | $65K | $14K | — | as long as short |
| Injective ALGO/USDC PERP | +2.172% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
BloFin ALGO-USDT
Coinbase International ALGO-PERP-INTX
Bybit
OKX
Kraken Futures
Gate
Deribit
Phemex
Extended
Binance
BingX
MEXC
GMX
HTX
KuCoin
Bitget
gTrade (Gains Network)
Aster
Hyperliquid
Variational Omni
Injective