After costs, if the gap returns to its 7d average, $10k−$148
spread now−0.144%7d average−0.007%fees + slippage, in and out−$134spread needed1.339%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ALGO-PERP-INTX | 0.1109 | 0.0032 | pay 0.0004% / 1h | 29m 58s | $62K | $360K | 50x |
| Short | Gate ALGO_USDT | 0.1107 | 0.0100 | get 0.0100% / 8h | 5h 29m | $838K | $816K | 50x |
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
- −$14.43
- Funding while held
- $2.04
- Slippage, 4 orders
- −$108.86
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$146.25
- Spread needed to break even
- 1.339%
Slippage from Coinbase International: live order book, 5 min ago; Gate: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0068%
- Per $10,000 a day
- +$2.04
- 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, 5 min ago | 7.21 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 14 min ago | 6.76 bp | 43.8 bp −$44 | 534.7 bp −$5,347 | 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 | |
|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.289% | −0.0134% | 8h | $11.2M | $12.7M | 75x | as long as short |
| BingX ALGO-USDT | −0.235% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| HTX ALGO-USDT | −0.235% | +0.0100% | 8h | $66K | $112K | 75x | as long as short |
| OKX ALGO-USDT-SWAP | −0.207% | +0.0100% | 8h | $3.0M | $8.2M | 50x | as long as short |
| Variational Omni ALGO | −0.203% | +0.0015% | 8h | $64K | $13K | — | as long as short |
| MEXC ALGO_USDT | −0.198% | +0.0100% | 8h | $22.1M | $3.1M | 200x | as long as short |
| Extended ALGO-USD | −0.190% | +0.0104% | 1h | $7K | $210K | 10x | as long as short |
| Binance ALGOUSDT | −0.180% | +0.0100% | 8h | $9.8M | $36.1M | 75x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.180% | −0.0292% | 1h | $100K | $54K | 25x | as long as short |
| KuCoin ALGOUSDTM | −0.171% | +0.0100% | 8h | $3.6M | $1.6M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.169% | −0.0375% | 1h | $814K | $1.3M | 50x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | −0.163% | L +0.0154% / S −0.0078% | 1h | $5K | — | 100x | as long as short |
| Gate ALGO_USDTshort | −0.144% | +0.0100% | 8h | $838K | $816K | 50x | |
| Bitget ALGOUSDT | −0.144% | +0.0100% | 8h | $5.6M | $3.8M | 75x | as long as short |
| gTrade (Gains Network) ALGO/USD | −0.126% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Aster ALGOUSDT | −0.116% | +0.0100% | 8h | $44K | $73K | 5x | as long as short |
| Hyperliquid ALGO | −0.045% | +0.0100% | 1h | $3.6M | $2.1M | 5x | as long as short |
| dYdX ALGO-USD | −0.008% | +0.4086% | 1h | $159K | $6K | 5x | as long as short |
| Coinbase International ALGO-PERP-INTXlong | 0.000% | +0.0032% | 1h | $62K | $360K | 50x | |
| BloFin ALGO-USDT | 0.000% | +0.0220% | 8h | $490K | $793K | 75x | as long as short |
| Phemex ALGOUSDT | +0.036% | +0.0100% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.840% | +0.0033% | 1h | $841 | $81K | 12x | as long as short |
Coinbase International ALGO-PERP-INTX
Gate ALGO_USDT
Bybit
BingX
HTX
OKX
Variational Omni
MEXC
Extended
Binance
Deribit
KuCoin
Kraken Futures
GMX
Bitget
gTrade (Gains Network)
Aster
Hyperliquid
BloFin
Phemex
Injective