After costs, if the gap returns to its 7d average, $10k−$77
spread now+0.140%7d average+0.106%fees + slippage, in and out−$80spread needed0.805%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ALGO-USD | 0.1118 | 0.0104 | pay 0.0013% / 1h | 49m 01s | $6K | $207K | 10x |
| Short | Kraken Futures PF_ALGOUSD | 0.1120 | −0.0192 | pay 0.0024% / 1h | 49m 01s | $837K | $1.6M | 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
- $14.05
- Funding while held
- −$8.88
- Slippage, 4 orders
- −$65.48
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$75.32
- Spread needed to break even
- 0.805%
Slippage from Extended: live order book, 25 min ago; Kraken Futures: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0296%
- Per $10,000 a day
- −$8.88
- 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 Extended live order book, 25 min ago | 0.94 bp | 13.0 bp −$13 | 85.1 bp −$851 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 8.03 bp | 30.3 bp −$30 | 60.4 bp −$604 | 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 | −0.110% | +0.0035% | 8h | $11.4M | $12.9M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | −0.047% | +0.0100% | 8h | $3.0M | $8.7M | 50x | as long as short |
| Binance ALGOUSDT | −0.002% | +0.0100% | 8h | $10.4M | $36.5M | 75x | as long as short |
| MEXC ALGO_USDT | −0.002% | +0.0100% | 8h | $22.2M | $3.2M | 200x | as long as short |
| Extended ALGO-USDlong | 0.000% | +0.0104% | 1h | $6K | $207K | 10x | |
| KuCoin ALGOUSDTM | +0.006% | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
| BingX ALGO-USDT | +0.006% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| BloFin ALGO-USDT | +0.042% | +0.0220% | 8h | $510K | $772K | 75x | as long as short |
| Gate ALGO_USDT | +0.069% | +0.0100% | 8h | $843K | $902K | 50x | as long as short |
| Bitget ALGOUSDT | +0.069% | +0.0100% | 8h | $5.6M | $3.9M | 75x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | +0.105% | 0.0000% | 1h | $101K | $55K | 25x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.114% | L +0.0156% / S −0.0080% | 1h | $5K | — | 100x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.133% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Kraken Futures PF_ALGOUSDshort | +0.140% | −0.0192% | 1h | $837K | $1.6M | 50x | |
| Aster ALGOUSDT | +0.149% | +0.0100% | 8h | $44K | $74K | 5x | as long as short |
| HTX ALGO-USDT | +0.167% | +0.0100% | 8h | $66K | $108K | 75x | as long as short |
| Variational Omni ALGO | +0.172% | +0.0096% | 8h | $65K | $103K | — | as long as short |
| Hyperliquid ALGO | +0.221% | +0.0100% | 1h | $3.7M | $2.2M | 5x | as long as short |
| Phemex ALGOUSDT | +0.248% | +0.0100% | 8h | $3.8M | $1.9M | 50x | as long as short |
| dYdX ALGO-USD | +0.252% | +0.1932% | 1h | $161K | $6K | 5x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.489% | +0.0048% | 1h | $61K | $397K | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.963% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
Bybit
OKX
Binance
MEXC
KuCoin
BingX
BloFin
Gate
Bitget
Deribit
GMX
gTrade (Gains Network)
Aster
HTX
Variational Omni
Hyperliquid
Phemex
Coinbase International
Injective