After costs, if the gap returns to its 7d average, $10k−$53
spread now+0.099%7d average+0.024%fees + slippage, in and out−$61spread needed0.607%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALGOUSDT | 0.1115 | 0.0001 | pay 0.0001% / 8h | 6h 54m | $11.4M | $12.9M | 75x |
| Short | OKX ALGO-USDT-SWAP | 0.1116 | 0.0100 | get 0.0100% / 8h | 6h 54m | $3.0M | $8.7M | 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
- $9.87
- Funding while held
- $2.97
- Slippage, 4 orders
- −$39.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$47.9
- Spread needed to break even
- 0.607%
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0099%
- Per $10,000 a day
- +$2.97
- 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 Bybit live order book, 5 min ago | 0.45 bp | 12.3 bp −$12 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.89 bp | 16.3 bp −$16 | 63.4 bp −$634 | 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 | |
|---|---|---|---|---|---|---|---|
| Gate ALGO_USDT | −0.045% | +0.0100% | 8h | $840K | $901K | 50x | as long as short |
| Bybit ALGOUSDTlong | 0.000% | +0.0001% | 8h | $11.4M | $12.9M | 75x | |
| Deribit ALGO_USDC-PERPETUAL | +0.027% | −0.0198% | 1h | $101K | $55K | 25x | as long as short |
| BingX ALGO-USDT | +0.045% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.063% | L +0.0156% / S −0.0080% | 1h | $5K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.065% | −0.0193% | 1h | $833K | $1.6M | 50x | as long as short |
| Aster ALGOUSDT | +0.075% | +0.0100% | 8h | $44K | $74K | 5x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.091% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| OKX ALGO-USDT-SWAPshort | +0.099% | +0.0100% | 8h | $3.0M | $8.7M | 50x | |
| KuCoin ALGOUSDTM | +0.108% | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ALGO-USDT | +0.108% | +0.0220% | 8h | $508K | $770K | 75x | as long as short |
| Extended ALGO-USD | +0.125% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| Binance ALGOUSDT | +0.148% | +0.0100% | 8h | $10.3M | $36.5M | 75x | as long as short |
| MEXC ALGO_USDT | +0.161% | +0.0100% | 8h | $22.1M | $3.2M | 200x | as long as short |
| HTX ALGO-USDT | +0.161% | +0.0100% | 8h | $66K | $108K | 75x | as long as short |
| Variational Omni ALGO | +0.179% | +0.0093% | 8h | $65K | $104K | — | as long as short |
| Bitget ALGOUSDT | +0.197% | +0.0100% | 8h | $5.6M | $3.9M | 75x | as long as short |
| dYdX ALGO-USD | +0.198% | +0.1698% | 1h | $160K | $6K | 5x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.269% | +0.0048% | 1h | $61K | $395K | 50x | as long as short |
| Hyperliquid ALGO | +0.287% | +0.0100% | 1h | $3.7M | $2.2M | 5x | as long as short |
| Phemex ALGOUSDT | +0.287% | +0.0100% | 8h | $3.8M | $1.9M | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.274% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate
Deribit
BingX
GMX
Kraken Futures
Aster
gTrade (Gains Network)
KuCoin
BloFin
Extended
Binance
MEXC
HTX
Variational Omni
Bitget
Coinbase International
Hyperliquid
Phemex
Injective