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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ALGO-PERP-INTX | 0.1124 | 0.0048 | pay 0.0006% / 1h | 31m 22s | $61K | $394K | 50x |
| Short | Bitget ALGOUSDT | 0.1112 | 0.0100 | get 0.0100% / 8h | 6h 31m | $5.7M | $3.9M | 75x |
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
- −$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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 8 min ago | 6.29 bp | 14.8 bp −$15 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.49 bp | 16.3 bp −$16 | 37.1 bp −$371 | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALGO | −1.225% | +0.0079% | 8h | $64K | $102K | — | as long as short |
| HTX ALGO-USDT | −1.148% | +0.0100% | 8h | $66K | $107K | 75x | as long as short |
| Bybit ALGOUSDT | −1.139% | −0.0050% | 8h | $11.3M | $12.7M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | −1.086% | +0.0100% | 8h | $3.0M | $8.5M | 50x | as long as short |
| KuCoin ALGOUSDTM | −1.077% | +0.0100% | 8h | $3.5M | $1.7M | 50x | as long as short |
| BingX ALGO-USDT | −1.068% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| Gate ALGO_USDT | −1.059% | +0.0100% | 8h | $838K | $907K | 50x | as long as short |
| Binance ALGOUSDT | −1.055% | +0.0100% | 8h | $10.3M | $36.2M | 75x | as long as short |
| MEXC ALGO_USDT | −1.050% | +0.0100% | 8h | $22.1M | $3.2M | 200x | as long as short |
| Bitget ALGOUSDTshort | −1.041% | +0.0100% | 8h | $5.7M | $3.9M | 75x |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −1.015% | −0.0109% | 1h | $101K | $55K | 25x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | −1.004% | L +0.0156% / S −0.0079% | 1h | $5K | — | 100x | as long as short |
| Extended ALGO-USD | −0.999% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| BloFin ALGO-USDT | −0.997% | +0.0220% | 8h | $508K | $771K | 75x | as long as short |
| gTrade (Gains Network) ALGO/USD | −0.990% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Aster ALGOUSDT | −0.978% | +0.0100% | 8h | $44K | $74K | 5x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.966% | −0.0193% | 1h | $824K | $1.6M | 50x | as long as short |
| dYdX ALGO-USD | −0.931% | +0.1914% | 1h | $160K | $6K | 5x | as long as short |
| Hyperliquid ALGO | −0.890% | +0.0100% | 1h | $3.6M | $2.1M | 5x | as long as short |
| Phemex ALGOUSDT | −0.863% | +0.0100% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTXlong | 0.000% | +0.0048% | 1h | $61K | $394K | 50x | |
| Injective ALGO/USDC PERP | +0.472% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
Coinbase International ALGO-PERP-INTX
Bitget ALGOUSDT
Variational Omni
HTX
Bybit
OKX
KuCoin
BingX
Gate
Binance
MEXC
Deribit
GMX
Extended
BloFin
gTrade (Gains Network)
Aster
Kraken Futures
Hyperliquid
Phemex
Injective