After costs, if the gap returns to its 7d average, $10k−$97
spread now−0.460%7d average+0.002%fees + slippage, in and out−$51spread needed0.511%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALGO-USDT | 0.1109 | 0.0220 | pay 0.0220% / 8h | 6h 11m | $495K | $766K | 75x |
| Short | Deribit ALGO_USDC-PERPETUAL | 0.1104 | −0.0474 | pay 0.0059% / 1h | 11m 22s | $100K | $55K | 25x |
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
- −$45.98
- Funding while held
- −$20.82
- Slippage, 4 orders
- −$32.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$117.94
- Spread needed to break even
- 0.511%
Slippage from BloFin: live order book, 27 min ago; Deribit: live order book, 49 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0694%
- Per $10,000 a day
- −$20.82
- 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 Deribit live order book, 49 min ago | 1.79 bp | 11.5 bp −$12 | 22.1 bp −$221 | 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 | −0.541% | −0.0068% | 8h | $11.2M | $12.6M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | −0.523% | +0.0100% | 8h | $3.0M | $8.3M | 50x | as long as short |
| Extended ALGO-USD | −0.488% | +0.0104% | 1h | $7K | $210K | 10x | as long as short |
| Binance ALGOUSDT | −0.480% | +0.0100% | 8h | $9.9M | $36.2M | 75x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.477% | −0.0195% | 1h | $817K | $1.3M | 50x | as long as short |
| Bitget ALGOUSDT | −0.460% | +0.0100% | 8h | $5.6M | $3.8M | 75x | as long as short |
| BingX ALGO-USDT | −0.460% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| Deribit ALGO_USDC-PERPETUALshort | −0.460% | −0.0474% | 1h | $100K | $55K | 25x | |
| KuCoin ALGOUSDTM | −0.433% | +0.0100% | 8h | $3.5M | $1.7M | 50x | as long as short |
| MEXC ALGO_USDT | −0.424% | +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] | −0.415% | L +0.0155% / S −0.0079% | 1h | $5K | — | 100x | as long as short |
| Gate ALGO_USDT | −0.370% | +0.0100% | 8h | $841K | $929K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | −0.370% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Hyperliquid ALGO | −0.270% | +0.0100% | 1h | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | −0.233% | +0.0100% | 8h | $44K | $73K | 5x | as long as short |
| dYdX ALGO-USD | −0.109% | +0.2373% | 1h | $159K | $6K | 5x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.099% | +0.0048% | 1h | $63K | $364K | 50x | as long as short |
| BloFin ALGO-USDTlong | 0.000% | +0.0220% | 8h | $495K | $766K | 75x | |
| Variational Omni ALGO | +0.018% | +0.0061% | 8h | $65K | $14K | — | as long as short |
| HTX ALGO-USDT | +0.018% | +0.0100% | 8h | $67K | $113K | 75x | as long as short |
| Phemex ALGOUSDT | +0.171% | +0.0100% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.794% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
BloFin ALGO-USDT
Deribit ALGO_USDC-PERPETUAL
Bybit
OKX
Extended
Binance
Kraken Futures
Bitget
BingX
KuCoin
MEXC
GMX
Gate
gTrade (Gains Network)
Hyperliquid
Aster
Coinbase International
Variational Omni
HTX
Phemex
Injective