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

ALGO

all ALGO markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$102
spread now−0.090%7d average+0.184%fees + slippage, in and out−$74spread needed0.743%
Long on Coinbase InternationalShort on Phemex
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ALGO-PERP-INTX0.11080.0048pay 0.0006% / 1h7m 10s$63K$363K50x
ShortPhemex ALGOUSDT0.11070.0100get 0.0100% / 8h6h 07m$3.8M$1.8M50x

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
−$9.03
Funding while held
$1.56
Slippage, 4 orders
−$52.33
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$81.8
Spread needed to break even
0.743%
Slippage from Coinbase International: live order book, 32 min ago; Phemex: 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, 32 min ago6.29 bp14.8 bp −$1522.5 bp −$225doesn't fitdoesn't fit
Sell Phemex live order book, 3 min ago4.51 bp26.8 bp −$2763.3 bp −$633doesn't fitdoesn't fit

ALGO price on every exchange

against the cheapest. Click to use as the short leg.
BingX0.1104cheapestBybit0.1104+0.009%BloFin0.1104+0.009%HTX0.1104+0.027%dYdX0.1104+0.041%OKX0.1105+0.091%Aster0.1105+0.099%Gate0.1105+0.109%Kraken Futures0.1105+0.123%Bitget0.1105+0.127%gTrade (Gains Network)0.1105+0.127%Extended0.1105+0.135%MEXC0.1105+0.136%KuCoin0.1105+0.136%Deribit0.1105+0.136%Binance0.1105+0.146%GMX0.1105+0.159%Variational Omni0.1106+0.203%Hyperliquid0.1106+0.245%
Phemex0.1107+0.308%
Coinbase International0.1108+0.399%
Injective0.1129+2.302%

ALGO on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX ALGO-USDT−0.397%+0.0100%8h—$3.1M—as long as short
Bybit ALGOUSDT−0.388%−0.0058%8h$11.2M$12.6M75xas long as short
BloFin ALGO-USDT−0.388%+0.0220%8h$494K$786K75xas long as short
HTX ALGO-USDT−0.370%+0.0100%8h$66K$113K75xas long as short
dYdX ALGO-USD−0.356%+0.2738%1h$158K$6K5xas long as short
OKX ALGO-USDT-SWAP−0.307%+0.0100%8h$3.0M$8.3M50xas long as short
Aster ALGOUSDT−0.299%+0.0100%8h$43K$73K5xas long as short
Gate ALGO_USDT−0.289%+0.0100%8h$841K$930K50xas long as short
Kraken Futures PF_ALGOUSD−0.275%−0.0195%1h$817K$1.3M50xas long as short
Bitget ALGOUSDT−0.271%+0.0100%8h$5.6M$3.8M75xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) ALGO/USD−0.271%L +0.0001% / S +0.0003%1h$7K—150xas long as short
Extended ALGO-USD−0.263%+0.0104%1h$7K$210K10xas long as short
MEXC ALGO_USDT−0.262%+0.0100%8h$21.9M$3.3M200xas long as short
KuCoin ALGOUSDTM−0.262%+0.0100%8h$3.5M$1.7M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.262%−0.0112%1h$100K$55K25xas long as short
Binance ALGOUSDT−0.252%+0.0100%8h$9.9M$36.2M75xas long as short
GMX ALGO/USD [WBTC.b-USDC]−0.238%L +0.0155% / S −0.0079%1h$5K—100xas long as short
Variational Omni ALGO−0.195%+0.0056%8h$64K$13K—as long as short
Hyperliquid ALGO−0.153%+0.0100%1h$3.6M$2.0M5xas long as short
Phemex ALGOUSDTshort−0.090%+0.0100%8h$3.8M$1.8M50x
Coinbase International ALGO-PERP-INTXlong0.000%+0.0048%1h$63K$363K50x
Injective ALGO/USDC PERP+1.895%+0.0033%1h$841$115K12xas long as short