data as of
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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−$40
spread now+0.134%7d average0.000%fees + slippage, in and out−$53spread needed0.533%
Long on DeribitShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ALGO_USDC-PERPETUAL0.1117−0.0287get 0.0036% / 1h56m 26s$101K$55K25x
ShortBloFin ALGO-USDT0.11180.0220get 0.0220% / 8h6h 56m$509K$778K75x

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
$13.43
Funding while held
$15.21
Slippage, 4 orders
−$34.35
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$24.71
Spread needed to break even
0.533%
Slippage from Deribit: live order book, 4 min ago; BloFin: live order book, 47 min ago.

Cost of waiting

funding view
Funding /8h
+0.0507%
Per $10,000 a day
+$15.21
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 Deribit live order book, 4 min ago1.79 bp15.1 bp −$1524.1 bp −$241doesn't fitdoesn't fit
Sell BloFin live order book, 47 min ago3.55 bp13.7 bp −$1428.8 bp −$288doesn't fitdoesn't fit

ALGO price on every exchange

against the cheapest. Click to use as the short leg.
Gate0.1116cheapestBybit0.1116+0.009%Extended0.1116+0.057%OKX0.1116+0.063%MEXC0.1116+0.081%BingX0.1117+0.090%
Deribit0.1117+0.099%
KuCoin0.1117+0.117%Kraken Futures0.1117+0.125%Binance0.1117+0.125%Bitget0.1117+0.125%gTrade (Gains Network)0.1117+0.162%HTX0.1118+0.170%GMX0.1118+0.179%
BloFin0.1118+0.233%
Aster0.1118+0.238%Hyperliquid0.1118+0.242%Variational Omni0.1118+0.257%dYdX0.1119+0.303%Phemex0.1120+0.394%Coinbase International0.1121+0.448%Injective0.1129+1.201%

ALGO on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate ALGO_USDT−0.099%+0.0100%8h$841K$901K50xas long as short
Bybit ALGOUSDT−0.090%+0.0006%8h$11.4M$13.0M75xas long as short
Extended ALGO-USD−0.041%+0.0104%1h$6K$207K10xas long as short
OKX ALGO-USDT-SWAP−0.036%+0.0100%8h$3.0M$8.7M50xas long as short
MEXC ALGO_USDT−0.018%+0.0100%8h$22.1M$3.2M200xas long as short
BingX ALGO-USDT−0.009%+0.0100%8h—$3.1M—as long as short
Deribit ALGO_USDC-PERPETUALlong0.000%−0.0287%1h$101K$55K25x
KuCoin ALGOUSDTM+0.018%+0.0100%8h$3.6M$1.7M50xas long as short
Kraken Futures PF_ALGOUSD+0.027%−0.0193%1h$835K$1.7M50xas long as short
Binance ALGOUSDT+0.027%+0.0100%8h$10.3M$36.5M75xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget ALGOUSDT+0.027%+0.0100%8h$5.6M$3.9M75xas long as short
gTrade (Gains Network) ALGO/USD+0.064%L +0.0001% / S +0.0003%1h$7K—150xas long as short
HTX ALGO-USDT+0.072%+0.0100%8h$66K$108K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]+0.081%L +0.0156% / S −0.0080%1h$5K—100xas long as short
BloFin ALGO-USDTshort+0.134%+0.0220%8h$509K$778K75x
Aster ALGOUSDT+0.140%+0.0100%8h$44K$74K5xas long as short
Hyperliquid ALGO+0.143%+0.0100%1h$3.7M$2.2M5xas long as short
Variational Omni ALGO+0.159%+0.0099%8h$65K$104K—as long as short
dYdX ALGO-USD+0.204%+0.1706%1h$160K$6K5xas long as short
Phemex ALGOUSDT+0.296%+0.0100%8h$3.8M$1.9M50xas long as short
Coinbase International ALGO-PERP-INTX+0.349%+0.0048%1h$61K$396K50xas long as short
Injective ALGO/USDC PERP+1.101%+0.0033%1h$841$115K12xas long as short