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

ALGO

all ALGO markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$172
spread now−1.041%7d average+0.049%fees + slippage, in and out−$62spread needed0.625%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ALGO-PERP-INTX0.11240.0048pay 0.0006% / 1h31m 22s$61K$394K50x
ShortBitget ALGOUSDT0.11120.0100get 0.0100% / 8h6h 31m$5.7M$3.9M75x

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
−$104.12
Funding while held
$1.56
Slippage, 4 orders
−$40.48
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$165.04
Spread needed to break even
0.625%
Slippage from Coinbase International: live order book, 8 min ago; Bitget: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0052%
Per $10,000 a day
+$1.56
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 Coinbase International live order book, 8 min ago6.29 bp14.8 bp −$1522.5 bp −$225doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.49 bp16.3 bp −$1637.1 bp −$371doesn'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
Variational Omni ALGO−1.225%+0.0079%8h$64K$102Kas long as short
HTX ALGO-USDT−1.148%+0.0100%8h$66K$107K75xas long as short
Bybit ALGOUSDT−1.139%−0.0050%8h$11.3M$12.7M75xas long as short
OKX ALGO-USDT-SWAP−1.086%+0.0100%8h$3.0M$8.5M50xas long as short
KuCoin ALGOUSDTM−1.077%+0.0100%8h$3.5M$1.7M50xas long as short
BingX ALGO-USDT−1.068%+0.0100%8h$3.1Mas long as short
Gate ALGO_USDT−1.059%+0.0100%8h$838K$907K50xas long as short
Binance ALGOUSDT−1.055%+0.0100%8h$10.3M$36.2M75xas long as short
MEXC ALGO_USDT−1.050%+0.0100%8h$22.1M$3.2M200xas long as short
Bitget ALGOUSDTshort−1.041%+0.0100%8h$5.7M$3.9M75x
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−1.015%−0.0109%1h$101K$55K25xas long as short
GMX ALGO/USD [WBTC.b-USDC]−1.004%L +0.0156% / S −0.0079%1h$5K100xas long as short
Extended ALGO-USD−0.999%+0.0104%1h$6K$207K10xas long as short
BloFin ALGO-USDT−0.997%+0.0220%8h$508K$771K75xas long as short
gTrade (Gains Network) ALGO/USD−0.990%L +0.0001% / S +0.0003%1h$7K150xas long as short
Aster ALGOUSDT−0.978%+0.0100%8h$44K$74K5xas long as short
Kraken Futures PF_ALGOUSD−0.966%−0.0193%1h$824K$1.6M50xas long as short
dYdX ALGO-USD−0.931%+0.1914%1h$160K$6K5xas long as short
Hyperliquid ALGO−0.890%+0.0100%1h$3.6M$2.1M5xas long as short
Phemex ALGOUSDT−0.863%+0.0100%8h$3.8M$1.8M50xas long as short
Coinbase International ALGO-PERP-INTXlong0.000%+0.0048%1h$61K$394K50x
Injective ALGO/USDC PERP+0.472%+0.0033%1h$841$115K12xas long as short