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.

Spread before costs (cost unknown: a leg has no order-book sample)+1.727%
7d average−0.656%if it closes, per $10,000$173funding while held, a day−$2.12
Long on ExtendedShort on Injective
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ALGO-USD0.11100.0104pay 0.0013% / 1h18m 04s$7K$210K10x
ShortInjective ALGO/USDC PERP0.11290.0033get 0.0004% / 1h18m 04s$841$115K12x

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
$172.65
Funding while held
−$2.12
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$165.51
Spread needed to break even
0.050%
Slippage unknown: Extended: live order book, 56 min ago; Injective: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0071%
Per $10,000 a day
−$2.12
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 Extended live order book, 56 min ago0.94 bp13.0 bp −$1385.1 bp −$851doesn't fitdoesn'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.
Bybit0.1109cheapestVariational Omni0.1109+0.045%BloFin0.1109+0.045%Aster0.1109+0.054%
Extended0.1110+0.085%
OKX0.1110+0.090%Gate0.1110+0.090%Kraken Futures0.1110+0.095%MEXC0.1110+0.108%HTX0.1110+0.108%Binance0.1110+0.109%dYdX0.1110+0.117%BingX0.1110+0.117%KuCoin0.1110+0.144%Deribit0.1111+0.153%GMX0.1111+0.170%gTrade (Gains Network)0.1111+0.171%Bitget0.1111+0.189%Phemex0.1111+0.189%Hyperliquid0.1111+0.216%Coinbase International0.1111+0.225%
Injective0.1129+1.813%

ALGO on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit ALGOUSDT−0.085%−0.0070%8h$11.3M$12.7M75xas long as short
Variational Omni ALGO−0.040%+0.0061%8h$64K$14K—as long as short
BloFin ALGO-USDT−0.040%+0.0220%8h$498K$766K75xas long as short
Aster ALGOUSDT−0.031%+0.0100%8h$44K$73K5xas long as short
Extended ALGO-USDlong0.000%+0.0104%1h$7K$210K10x
OKX ALGO-USDT-SWAP+0.006%+0.0100%8h$3.0M$8.5M50xas long as short
Gate ALGO_USDT+0.006%+0.0100%8h$849K$926K50xas long as short
Kraken Futures PF_ALGOUSD+0.010%−0.0194%1h$824K$1.6M50xas long as short
MEXC ALGO_USDT+0.024%+0.0100%8h$22.0M$3.2M200xas long as short
HTX ALGO-USDT+0.024%+0.0100%8h$67K$113K75xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance ALGOUSDT+0.025%+0.0100%8h$9.9M$36.6M75xas long as short
dYdX ALGO-USD+0.032%+0.2253%1h$159K$6K5xas long as short
BingX ALGO-USDT+0.033%+0.0100%8h—$3.1M—as long as short
KuCoin ALGOUSDTM+0.060%+0.0100%8h$3.6M$1.7M50xas long as short
Deribit ALGO_USDC-PERPETUAL+0.069%−0.0020%1h$100K$55K25xas long as short
GMX ALGO/USD [WBTC.b-USDC]+0.085%L +0.0155% / S −0.0079%1h$5K—100xas long as short
gTrade (Gains Network) ALGO/USD+0.087%L +0.0001% / S +0.0003%1h$7K—150xas long as short
Bitget ALGOUSDT+0.105%+0.0100%8h$5.6M$3.9M75xas long as short
Phemex ALGOUSDT+0.105%+0.0100%8h$3.8M$1.8M50xas long as short
Hyperliquid ALGO+0.132%+0.0100%1h$3.6M$2.0M5xas long as short
Coinbase International ALGO-PERP-INTX+0.141%+0.0048%1h$63K$379K50xas long as short
Injective ALGO/USDC PERPshort+1.727%+0.0033%1h$841$115K12x