Spread before costs (cost unknown: a leg has no order-book sample)+2.070%
7d average−0.674%if it closes, per $10,000$207funding while held, a day+$1.63
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ALGO_USDC-PERPETUAL | 0.1106 | −0.0021 | get 0.0003% / 1h | 26m 20s | $100K | $54K | 25x |
| Short | Injective ALGO/USDC PERP | 0.1129 | 0.0033 | get 0.0004% / 1h | 26m 20s | $841 | $81K | 12x |
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERPPrice 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
- $207.03
- Funding while held
- $1.63
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $201.64
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: live order book, 24 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0054%
- Per $10,000 a day
- +$1.63
- 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 Deribit live order book, 24 min ago | 4.95 bp | 20.1 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALGO price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.1105cheapestBingX0.1106+0.091%OKX0.1106+0.100%Gate0.1106+0.100%HTX0.1106+0.109%Extended0.1106+0.126%Bitget0.1106+0.127%
Bybit
BingX
OKX
Gate
HTX
Extended
BitgetDeribit0.1106+0.136%
MEXC0.1106+0.145%Binance0.1106+0.154%Variational Omni0.1106+0.158%GMX0.1106+0.170%dYdX0.1106+0.172%KuCoin0.1106+0.172%BloFin0.1107+0.190%Aster0.1107+0.192%Kraken Futures0.1107+0.196%gTrade (Gains Network)0.1107+0.205%Coinbase International0.1107+0.226%Hyperliquid0.1108+0.344%Phemex0.1109+0.398%
MEXC
Binance
Variational Omni
GMX
dYdX
KuCoin
BloFin
Aster
Kraken Futures
gTrade (Gains Network)
Coinbase International
Hyperliquid
PhemexInjective0.1129+2.209%
ALGO on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.136% | −0.0120% | 8h | $11.2M | $12.7M | 75x | as long as short |
| BingX ALGO-USDT | −0.045% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| OKX ALGO-USDT-SWAP | −0.036% | +0.0100% | 8h | $3.0M | $8.2M | 50x | as long as short |
| Gate ALGO_USDT | −0.036% | +0.0100% | 8h | $837K | $817K | 50x | as long as short |
| HTX ALGO-USDT | −0.027% | +0.0100% | 8h | $66K | $112K | 75x | as long as short |
| Extended ALGO-USD | −0.010% | +0.0104% | 1h | $7K | $210K | 10x | as long as short |
| Bitget ALGOUSDT | −0.009% | +0.0100% | 8h | $5.6M | $3.8M | 75x | as long as short |
| Deribit ALGO_USDC-PERPETUALlong | 0.000% | −0.0021% | 1h | $100K | $54K | 25x | |
| MEXC ALGO_USDT | +0.009% | +0.0100% | 8h | $22.1M | $3.1M | 200x | as long as short |
| Binance ALGOUSDT | +0.018% | +0.0100% | 8h | $9.8M | $36.1M | 75x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALGO | +0.023% | +0.0015% | 8h | $64K | $13K | — | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.034% | L +0.0154% / S −0.0078% | 1h | $5K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.036% | +0.4335% | 1h | $159K | $6K | 5x | as long as short |
| KuCoin ALGOUSDTM | +0.036% | +0.0100% | 8h | $3.6M | $1.6M | 50x | as long as short |
| BloFin ALGO-USDT | +0.054% | +0.0220% | 8h | $490K | $799K | 75x | as long as short |
| Aster ALGOUSDT | +0.057% | +0.0100% | 8h | $44K | $73K | 5x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.060% | −0.0375% | 1h | $814K | $1.3M | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.069% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.090% | +0.0032% | 1h | $62K | $361K | 50x | as long as short |
| Hyperliquid ALGO | +0.208% | +0.0100% | 1h | $3.6M | $2.1M | 5x | as long as short |
| Phemex ALGOUSDT | +0.262% | +0.0100% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Injective ALGO/USDC PERPshort | +2.070% | +0.0033% | 1h | $841 | $81K | 12x |