Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0101%/8h= +11.0% APRpaid last 24h +0.030%
Price spread now: Aster against gTrade (Gains Network)+0.118%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.118% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ALGO/USD0.1113L −0.0001% / S +0.0003%get 0.0000% / 1h52m 51s$17K150x
ShortAster ALGOUSDT0.11140.0100get 0.0100% / 8h5h 52m$44K$41K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21.18
Price spread: +0.118% → 0.000%
$11.8
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$14.98
Costs to cover
0.180%
Break-even
2.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Aster no order-book sample
gTrade (Gains Network) and Aster: 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 on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ALGO/USDlongL −0.0001% / S +0.0003%1h0.1113long leg$17K150x
Deribit ALGO_USDC-PERPETUAL0.0000%1h0.1113+0.041%$101K$49K25xas long as short
Coinbase International ALGO-PERP-INTX+0.0032%1h0.1114+0.077%$70K$281K50xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.652%$834$233K12xas long as short
Variational Omni ALGO+0.0076%8h0.1114+0.110%$60K$12Kas long as short
Aster ALGOUSDTshort+0.0100%8h0.1114+0.118%$44K$41K5x
Binance ALGOUSDT+0.0100%8h0.1115+0.203%$9.8M$34.5M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1114+0.140%$11.4M$12.2M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1115+0.176%$2.9M$7.7M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1112−0.093%$870K$847K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1115+0.185%$22.8M$3.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1115+0.167%$3.5M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1115+0.203%$5.6M$3.6M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1114+0.131%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1113−0.004%$60K$140K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1115+0.203%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1114+0.142%$4K$229K10xas long as short
Hyperliquid ALGO+0.0123%1h0.1117+0.365%$3.7M$2.0M5xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0342% / S −0.0313%1h0.1113+0.057%$7K100xas long as short
Kraken Futures PF_ALGOUSD+0.0355%1h0.1114+0.099%$825K$1.1M50xas long as short
dYdX ALGO-USD+0.1915%1h0.1111−0.124%$160K$4K5xas long as short