After costs, if the gap returns to its 7d average, $10k−$47
spread now+0.089%7d average+0.021%fees + slippage, in and out−$54spread needed0.538%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ALGO-PERP-INTX | 0.1121 | 0.0064 | pay 0.0008% / 1h | 15m 40s | $61K | $401K | 50x |
| Short | BingX ALGO-USDT | 0.1122 | 0.0100 | get 0.0100% / 8h | 7h 15m | — | $3.1M | — |
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
- $8.92
- Funding while held
- $1.08
- Slippage, 4 orders
- −$33.81
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$43.8
- Spread needed to break even
- 0.538%
Slippage from Coinbase International: live order book, 29 min ago; BingX: live order book, 11 min ago.
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, 29 min ago | 5.78 bp | 14.3 bp −$14 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 4.02 bp | 14.4 bp −$14 | 36.5 bp −$365 | 159.2 bp −$15.9K | 721.7 bp −$360.8K |
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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALGO | −0.111% | +0.0097% | 8h | $65K | $104K | — | as long as short |
| BloFin ALGO-USDT | −0.054% | +0.0220% | 8h | $513K | $778K | 75x | as long as short |
| Coinbase International ALGO-PERP-INTXlong | 0.000% | +0.0064% | 1h | $61K | $401K | 50x | |
| Bybit ALGOUSDT | +0.036% | −0.0041% | 8h | $11.4M | $13.1M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.036% | +0.0100% | 8h | $3.0M | $8.9M | 50x | as long as short |
| Gate ALGO_USDT | +0.054% | +0.0100% | 8h | $845K | $942K | 50x | as long as short |
| HTX ALGO-USDT | +0.054% | +0.0100% | 8h | $67K | $110K | 75x | as long as short |
| BingX ALGO-USDTshort | +0.089% | +0.0100% | 8h | — | $3.1M | — | |
| Binance ALGOUSDT | +0.098% | +0.0100% | 8h | $10.3M | $36.9M | 75x | as long as short |
| KuCoin ALGOUSDTM | +0.125% | +0.0100% | 8h | $3.6M | $1.8M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ALGO-USD | +0.131% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| Aster ALGOUSDT | +0.137% | +0.0100% | 8h | $44K | $74K | 5x | as long as short |
| MEXC ALGO_USDT | +0.170% | +0.0100% | 8h | $22.3M | $3.4M | 200x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | +0.170% | −0.0017% | 1h | $102K | $55K | 25x | as long as short |
| dYdX ALGO-USD | +0.170% | +0.1019% | 1h | $161K | $6K | 5x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.191% | −0.0504% | 1h | $843K | $1.7M | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.199% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Bitget ALGOUSDT | +0.214% | +0.0100% | 8h | $5.6M | $3.9M | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.243% | L +0.0157% / S −0.0080% | 1h | $5K | — | 100x | as long as short |
| Hyperliquid ALGO | +0.250% | +0.0100% | 1h | $3.6M | $2.3M | 5x | as long as short |
| Phemex ALGOUSDT | +0.303% | +0.0154% | 8h | $3.9M | $1.9M | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.750% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
Coinbase International ALGO-PERP-INTX
BingX ALGO-USDT
Variational Omni
BloFin
Bybit
OKX
Gate
HTX
Binance
KuCoin
Extended
Aster
MEXC
Deribit
Kraken Futures
gTrade (Gains Network)
Bitget
GMX
Hyperliquid
Phemex
Injective