Spread before costs (cost unknown: a leg has no order-book sample)+0.016%
7d average—if it closes, per $10,000$2funding while held, a day+$2.33
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ALGO/USD | 0.1113 | L +0.0001% / S +0.0003% | pay 0.0000% / 1h | 49m 35s | $7K | — | 150x |
| Short | GMX ALGO/USD [WBTC.b-USDC] | 0.1113 | L +0.0155% / S −0.0078% | get 0.0010% / 1h | 49m 35s | $5K | — | 100x |
gTrade (Gains Network) ALGO/USD
GMX ALGO/USD [WBTC.b-USDC]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
- $1.62
- Funding while held
- $2.33
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$18.05
- Spread needed to break even
- 0.220%
Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0078%
- Per $10,000 a day
- +$2.33
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and GMX: 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.Variational Omni0.1110cheapestBloFin0.1110+0.011%Bybit0.1111+0.119%OKX0.1112+0.173%BingX0.1112+0.182%HTX0.1112+0.191%Gate0.1112+0.200%Kraken Futures0.1112+0.216%Deribit0.1112+0.218%Extended0.1112+0.220%Binance0.1112+0.227%Coinbase International0.1113+0.236%Aster0.1113+0.239%MEXC0.1113+0.254%KuCoin0.1113+0.263%Bitget0.1113+0.281%dYdX0.1113+0.282%
Variational Omni
BloFin
Bybit
OKX
BingX
HTX
Gate
Kraken Futures
Deribit
Extended
Binance
Coinbase International
Aster
MEXC
KuCoin
Bitget
dYdXgTrade (Gains Network)0.1113+0.283%
GMX0.1113+0.299%
Hyperliquid0.1114+0.335%Phemex0.1115+0.462%Injective0.1129+1.723%
Hyperliquid
Phemex
InjectiveALGO on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALGO | −0.282% | +0.0059% | 8h | $65K | $13K | — | as long as short |
| BloFin ALGO-USDT | −0.271% | +0.0220% | 8h | $488K | $792K | 75x | as long as short |
| Bybit ALGOUSDT | −0.164% | −0.0031% | 8h | $11.3M | $12.7M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | −0.110% | +0.0100% | 8h | $3.0M | $8.3M | 50x | as long as short |
| BingX ALGO-USDT | −0.101% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| HTX ALGO-USDT | −0.092% | +0.0100% | 8h | $67K | $112K | 75x | as long as short |
| Gate ALGO_USDT | −0.083% | +0.0100% | 8h | $845K | $815K | 50x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.067% | −0.0373% | 1h | $817K | $1.3M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.065% | −0.0199% | 1h | $101K | $54K | 25x | as long as short |
| Extended ALGO-USD | −0.063% | +0.0104% | 1h | $7K | $210K | 10x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ALGOUSDT | −0.056% | +0.0100% | 8h | $9.9M | $36.1M | 75x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.047% | +0.0032% | 1h | $62K | $362K | 50x | as long as short |
| Aster ALGOUSDT | −0.044% | +0.0100% | 8h | $44K | $73K | 5x | as long as short |
| MEXC ALGO_USDT | −0.029% | +0.0100% | 8h | $22.1M | $3.1M | 200x | as long as short |
| KuCoin ALGOUSDTM | −0.020% | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
| Bitget ALGOUSDT | −0.002% | +0.0100% | 8h | $5.6M | $3.8M | 75x | as long as short |
| dYdX ALGO-USD | −0.001% | +0.5099% | 1h | $160K | $6K | 5x | as long as short |
| gTrade (Gains Network) ALGO/USDlong | 0.000% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | |
| GMX ALGO/USD [WBTC.b-USDC]short | +0.016% | L +0.0155% / S −0.0078% | 1h | $5K | — | 100x | |
| Hyperliquid ALGO | +0.052% | +0.0100% | 1h | $3.6M | $2.1M | 5x | as long as short |
| Phemex ALGOUSDT | +0.178% | +0.0100% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.436% | +0.0033% | 1h | $841 | $81K | 12x | as long as short |