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

ALGO

all ALGO markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.396%
7d average−0.035%if it closes, per $10,000$40funding while held, a day−$0.12
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ALGO-USD0.11400.0104pay 0.0013% / 1h48m 01s$13K$248K10x
ShortVariational Omni ALGO0.11360.0100get 0.0100% / 8h48m 01s$66K$197K

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
−$39.56
Funding while held
−$0.12
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$44.68
Spread needed to break even
0.050%
Slippage unknown: Extended: live order book, 37 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0004%
Per $10,000 a day
$0.12
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, 37 min ago1.24 bp13.5 bp −$13167.6 bp −$1,676doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago8.80 bpdoesn't fit44.0 bp −$440doesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective ALGO/USDC PERP−0.966%+0.0166%1h$841$151K12xas long as short
Variational Omni ALGOshort−0.396%+0.0100%8h$66K$197K
Bybit ALGOUSDT−0.124%+0.0100%8h$11.8M$13.5M75xas long as short
Binance ALGOUSDT−0.028%+0.0100%8h$10.5M$40.1M75xas long as short
Gate ALGO_USDT−0.028%+0.0100%8h$862K$1.0M50xas long as short
OKX ALGO-USDT-SWAP−0.019%+0.0100%8h$3.1M$10.3M50xas long as short
BingX ALGO-USDT−0.019%+0.0100%8h$3.3Mas long as short
HTX ALGO-USDT−0.010%+0.0100%8h$67K$120K75xas long as short
Extended ALGO-USDlong0.000%+0.0104%1h$13K$248K10x
Kraken Futures PF_ALGOUSD+0.022%−0.0774%1h$862K$1.8M50xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC ALGO_USDT+0.042%+0.0100%8h$22.5M$3.9M200xas long as short
Deribit ALGO_USDC-PERPETUAL+0.051%−0.0451%1h$103K$58K25xas long as short
BloFin ALGO-USDT+0.069%+0.0220%8h$529K$719K75xas long as short
Bitget ALGOUSDT+0.086%+0.0100%8h$5.7M$4.3M75xas long as short
KuCoin ALGOUSDTM+0.095%+0.0100%8h$3.7M$1.8M50xas long as short
GMX ALGO/USD [WBTC.b-USDC]+0.115%L +0.0239% / S −0.0167%1h$5K100xas long as short
gTrade (Gains Network) ALGO/USD+0.119%L +0.0001% / S +0.0003%1h$7K150xas long as short
dYdX ALGO-USD+0.126%+0.0262%1h$164K$6K5xas long as short
Aster ALGOUSDT+0.138%+0.0100%8h$43K$91K5xas long as short
Coinbase International ALGO-PERP-INTX+0.139%+0.0048%1h$69K$470K50xas long as short
Hyperliquid ALGO+0.165%+0.0100%1h$3.7M$2.7M5xas long as short
Phemex ALGOUSDT+0.262%+0.0100%8h$4.0M$2.0M50xas long as short