data as of
Settings8H · net · $10k
Price arb /

ALGO

all ALGO markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.585%
7d average−0.063%if it closes, per $10,000$59funding while held, a day−$3.60
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ALGO-USDT0.11310.0220pay 0.0220% / 8h43m 22s$522K$710K75x
ShortVariational Omni ALGO0.11380.0100get 0.0100% / 8h43m 22s$66K$197K

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
$58.5
Funding while held
−$3.6
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$42.9
Spread needed to break even
0.120%
Slippage unknown: BloFin: live order book, 5 min ago; Variational Omni: RFQ quote, 7 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0120%
Per $10,000 a day
$3.60
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 BloFin live order book, 5 min ago2.63 bp9.6 bp −$1025.4 bp −$254doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 7 min ago8.80 bpdoesn't fit44.0 bp −$440doesn'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
Injective ALGO/USDC PERP−0.212%+0.0166%1h$841$151K12xas long as short
Binance ALGOUSDT−0.115%+0.0100%8h$10.4M$39.4M75xas long as short
Deribit ALGO_USDC-PERPETUAL−0.097%−0.0722%1h$102K$57K25xas long as short
Bybit ALGOUSDT−0.053%+0.0100%8h$11.8M$13.2M75xas long as short
Bitget ALGOUSDT−0.035%+0.0100%8h$5.7M$4.2M75xas long as short
Gate ALGO_USDT−0.027%+0.0100%8h$856K$1.0M50xas long as short
BloFin ALGO-USDTlong0.000%+0.0220%8h$522K$710K75x
Extended ALGO-USD+0.008%+0.0104%1h$13K$224K10xas long as short
OKX ALGO-USDT-SWAP+0.027%+0.0100%8h$3.0M$10.0M50xas long as short
BingX ALGO-USDT+0.027%+0.0100%8h$3.3Mas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD+0.032%−0.0780%1h$855K$1.8M50xas long as short
HTX ALGO-USDT+0.044%+0.0100%8h$67K$117K75xas long as short
MEXC ALGO_USDT+0.088%+0.0100%8h$22.4M$3.9M200xas long as short
KuCoin ALGOUSDTM+0.124%+0.0100%8h$3.7M$1.8M50xas long as short
gTrade (Gains Network) ALGO/USD+0.124%L +0.0001% / S +0.0003%1h$7K150xas long as short
GMX ALGO/USD [WBTC.b-USDC]+0.142%L +0.0238% / S −0.0167%1h$5K100xas long as short
Aster ALGOUSDT+0.150%+0.0100%8h$43K$87K5xas long as short
Phemex ALGOUSDT+0.230%+0.0100%8h$3.9M$2.0M50xas long as short
Hyperliquid ALGO+0.256%+0.0100%1h$3.7M$2.7M5xas long as short
dYdX ALGO-USD+0.326%+0.0296%1h$163K$6K5xas long as short
Variational Omni ALGOshort+0.585%+0.0100%8h$66K$197K
Coinbase International ALGO-PERP-INTX+0.902%+0.0048%1h$69K$450K50xas long as short