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−$75
spread now−0.181%7d average+0.032%fees + slippage, in and out−$54spread needed0.536%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ALGO-PERP-INTX0.11080.0048pay 0.0006% / 1h15m 40s$63K$373K50x
ShortDeribit ALGO_USDC-PERPETUAL0.1106−0.1105pay 0.0138% / 1h15m 40s$100K$55K25x

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
−$18.05
Funding while held
−$34.59
Slippage, 4 orders
−$36.64
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$106.28
Spread needed to break even
0.536%
Slippage from Coinbase International: live order book, 24 min ago; Deribit: live order book, 45 min ago.

Cost of waiting

funding view
Funding /8h
−0.1153%
Per $10,000 a day
$34.59
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, 24 min ago6.29 bp14.8 bp −$1522.5 bp −$225doesn't fitdoesn't fit
Sell Deribit live order book, 45 min ago1.79 bp11.5 bp −$1222.1 bp −$221doesn'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
Deribit ALGO_USDC-PERPETUALshort−0.181%−0.1105%1h$100K$55K25x
Kraken Futures PF_ALGOUSD−0.052%−0.0194%1h$822K$1.4M50xas long as short
GMX ALGO/USD [WBTC.b-USDC]−0.023%L +0.0155% / S −0.0079%1h$5K100xas long as short
HTX ALGO-USDT−0.018%+0.0100%8h$67K$113K75xas long as short
Coinbase International ALGO-PERP-INTXlong0.000%+0.0048%1h$63K$373K50x
gTrade (Gains Network) ALGO/USD+0.004%L +0.0001% / S +0.0003%1h$7K150xas long as short
Bybit ALGOUSDT+0.054%−0.0058%8h$11.2M$12.6M75xas long as short
OKX ALGO-USDT-SWAP+0.072%+0.0100%8h$3.0M$8.4M50xas long as short
Gate ALGO_USDT+0.090%+0.0100%8h$846K$927K50xas long as short
Phemex ALGOUSDT+0.090%+0.0100%8h$3.8M$1.8M50xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster ALGOUSDT+0.093%+0.0100%8h$44K$73K5xas long as short
BingX ALGO-USDT+0.117%+0.0100%8h$3.1Mas long as short
Variational Omni ALGO+0.126%+0.0061%8h$64K$14Kas long as short
KuCoin ALGOUSDTM+0.126%+0.0100%8h$3.6M$1.7M50xas long as short
Extended ALGO-USD+0.178%+0.0104%1h$7K$210K10xas long as short
MEXC ALGO_USDT+0.181%+0.0100%8h$22.0M$3.2M200xas long as short
Bitget ALGOUSDT+0.181%+0.0100%8h$5.6M$3.8M75xas long as short
Binance ALGOUSDT+0.211%+0.0100%8h$9.9M$36.4M75xas long as short
dYdX ALGO-USD+0.220%+0.2287%1h$159K$6K5xas long as short
BloFin ALGO-USDT+0.226%+0.0220%8h$496K$766K75xas long as short
Hyperliquid ALGO+0.280%+0.0100%1h$3.6M$2.0M5xas long as short
Injective ALGO/USDC PERP+1.895%+0.0033%1h$841$115K12xas long as short