Spread before costs (cost unknown: a leg has no order-book sample)+0.063%
7d average—if it closes, per $10,000$6funding while held, a day+$1.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ALGO-PERP-INTX | 0.1116 | 0.0064 | pay 0.0008% / 1h | 21m 00s | $60K | $399K | 50x |
| Short | Aster ALGOUSDT | 0.1116 | 0.0100 | get 0.0100% / 8h | 7h 21m | $44K | $80K | 5x |
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
- $6.3
- Funding while held
- $1.08
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$10.62
- Spread needed to break even
- 0.180%
Slippage unknown: Coinbase International: live order book, 24 min ago; Aster: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0036%
- Per $10,000 a day
- +$1.08
- 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 Coinbase International live order book, 24 min ago | 5.78 bp | 14.3 bp −$14 | 21.6 bp −$216 | doesn't fit | doesn'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 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 | −0.314% | −0.0056% | 8h | $11.3M | $13.1M | 75x | as long as short |
| Gate ALGO_USDT | −0.224% | +0.0100% | 8h | $841K | $939K | 50x | as long as short |
| OKX ALGO-USDT-SWAP | −0.197% | +0.0100% | 8h | $3.0M | $8.8M | 50x | as long as short |
| MEXC ALGO_USDT | −0.170% | +0.0100% | 8h | $22.1M | $3.4M | 200x | as long as short |
| BingX ALGO-USDT | −0.170% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| Binance ALGOUSDT | −0.161% | +0.0100% | 8h | $10.3M | $36.9M | 75x | as long as short |
| KuCoin ALGOUSDTM | −0.134% | +0.0100% | 8h | $3.6M | $1.8M | 50x | as long as short |
| Bitget ALGOUSDT | −0.063% | +0.0100% | 8h | $5.6M | $3.9M | 75x | as long as short |
| BloFin ALGO-USDT | −0.036% | +0.0220% | 8h | $510K | $776K | 75x | as long as short |
| Extended ALGO-USD | −0.031% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International ALGO-PERP-INTXlong | 0.000% | +0.0064% | 1h | $60K | $399K | 50x | |
| Deribit ALGO_USDC-PERPETUAL | +0.018% | −0.0108% | 1h | $101K | $55K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.038% | −0.0507% | 1h | $838K | $1.7M | 50x | as long as short |
| Aster ALGOUSDTshort | +0.063% | +0.0100% | 8h | $44K | $80K | 5x | |
| gTrade (Gains Network) ALGO/USD | +0.066% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.074% | L +0.0157% / S −0.0080% | 1h | $5K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.079% | +0.0999% | 1h | $160K | $6K | 5x | as long as short |
| Variational Omni ALGO | +0.087% | +0.0100% | 8h | $65K | $194K | — | as long as short |
| HTX ALGO-USDT | +0.117% | +0.0100% | 8h | $66K | $111K | 75x | as long as short |
| Hyperliquid ALGO | +0.170% | +0.0100% | 1h | $3.6M | $2.3M | 5x | as long as short |
| Phemex ALGOUSDT | +0.206% | +0.0259% | 8h | $3.8M | $1.9M | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.192% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
Coinbase International ALGO-PERP-INTX
Aster ALGOUSDT
Bybit
Gate
OKX
MEXC
BingX
Binance
KuCoin
Bitget
BloFin
Extended
Deribit
Kraken Futures
gTrade (Gains Network)
GMX
Variational Omni
HTX
Hyperliquid
Phemex
Injective