Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0264%/8h= +28.9% APRnext payment +$2.64 per $10,000 · paid last 24h +0.025%
Price spread now: Aster against Bybit+0.141%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aster is 0.141% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ALGOUSDT0.1081−0.0164get 0.0164% / 8h4h 49m$10.4M$13.5M75x
ShortAster ALGOUSDT0.10830.0100get 0.0100% / 8h4h 49m$43K$38K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$55.48
Price spread: +0.141% → 0.000%
$14.06
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
$50.53
Costs to cover
0.190%
Break-even
0.6 days
Slippage unknown: Bybit: live order book, 2 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago1.85 bp14.7 bp −$1538.8 bp −$388doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ALGO on 22 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0511%1h0.1083+0.169%$783K$1.1M50xas long as short
Bybit ALGOUSDTlong−0.0164%8h0.1081long leg$10.4M$13.5M75x
Variational Omni ALGO−0.0009%8h0.1081−0.050%$58K$13Kas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1079−0.207%$16K150xas long as short
Deribit ALGO_USDC-PERPETUAL0.0000%1h0.1084+0.240%$85K$41K25xas long as short
OKX ALGO-USDT-SWAP+0.0008%8h0.1082+0.092%$2.5M$7.8M50xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+3.598%$834$233K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0088%1h0.1085+0.361%$63K$175K50xas long as short
Hyperliquid ALGO+0.0100%1h0.1083+0.176%$3.3M$2.3M5xas long as short
Aster ALGOUSDTshort+0.0100%8h0.1083+0.141%$43K$38K5x
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ALGOUSDT+0.0100%8h0.1082+0.111%$9.2M$33.8M75xas long as short
Gate ALGO_USDT+0.0100%8h0.1081−0.028%$820K$874K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1082+0.074%$23.2M$3.2M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1082+0.120%$3.3M$1.3M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1082+0.083%$5.3M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1078−0.259%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1084+0.250%$56K$121K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1083+0.176%$3.6M$1.7M50xas long as short
Extended ALGO-USD+0.0104%1h0.1081+0.032%$4K$302K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1083+0.148%$467K$838K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0315% / S −0.0264%1h0.1080−0.082%$6K100xas long as short
dYdX ALGO-USD+0.2312%1h0.1082+0.116%$157K$4K5xas long as short