Spread before costs (cost unknown: a leg has no order-book sample)−0.033%
7d average—if it closes, per $10,000$3funding while held, a day+$2.98
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ALGO/USD | 0.1111 | L +0.0001% / S +0.0003% | pay 0.0000% / 1h | 30m 45s | $7K | — | 150x |
| Short | MEXC ALGO_USDT | 0.1111 | 0.0100 | get 0.0100% / 8h | 30m 45s | $22.1M | $4.0M | 200x |
gTrade (Gains Network) ALGO/USD
MEXC ALGO_USDTPrice 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
- −$3.33
- Funding while held
- $2.98
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$10.35
- Spread needed to break even
- 0.100%
Slippage unknown: gTrade (Gains Network): no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0099%
- Per $10,000 a day
- +$2.98
- 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 MEXC live order book, 4 min ago | 1.35 bp | 5.5 bp −$5 | 45.1 bp −$451 | 544.9 bp −$54.5K | doesn't fit |
gTrade (Gains Network): 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.Bybit0.1109cheapestGate0.1109+0.018%KuCoin0.1110+0.045%OKX0.1110+0.072%Bitget0.1110+0.072%Extended0.1110+0.083%BingX0.1110+0.090%Deribit0.1110+0.090%HTX0.1110+0.117%Kraken Futures0.1111+0.125%
Bybit
Gate
KuCoin
OKX
Bitget
Extended
BingX
Deribit
HTX
Kraken FuturesMEXC0.1111+0.126%
Variational Omni0.1111+0.135%BloFin0.1111+0.144%
Variational Omni
BloFingTrade (Gains Network)0.1111+0.160%
Binance0.1111+0.162%Aster0.1111+0.178%GMX0.1111+0.198%dYdX0.1112+0.213%Hyperliquid0.1112+0.288%Coinbase International0.1114+0.397%Phemex0.1114+0.433%Injective0.1129+1.785%
Binance
Aster
GMX
dYdX
Hyperliquid
Coinbase International
Phemex
InjectiveALGO on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.159% | +0.0100% | 8h | $11.3M | $13.9M | 75x | as long as short |
| Gate ALGO_USDT | −0.141% | +0.0100% | 8h | $847K | $1.0M | 50x | as long as short |
| KuCoin ALGOUSDTM | −0.114% | +0.0100% | 8h | $3.6M | $1.8M | 50x | as long as short |
| OKX ALGO-USDT-SWAP | −0.087% | +0.0100% | 8h | $3.0M | $9.7M | 50x | as long as short |
| Bitget ALGOUSDT | −0.087% | +0.0100% | 8h | $5.5M | $4.2M | 75x | as long as short |
| Extended ALGO-USD | −0.076% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| BingX ALGO-USDT | −0.069% | +0.0100% | 8h | — | $3.3M | — | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.069% | −0.0200% | 1h | $100K | $57K | 25x | as long as short |
| HTX ALGO-USDT | −0.042% | +0.0100% | 8h | $66K | $118K | 75x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.035% | −0.0794% | 1h | $833K | $1.9M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDTshort | −0.033% | +0.0100% | 8h | $22.1M | $4.0M | 200x | |
| Variational Omni ALGO | −0.025% | +0.0100% | 8h | $64K | $195K | — | as long as short |
| BloFin ALGO-USDT | −0.015% | +0.0220% | 8h | $526K | $743K | 75x | as long as short |
| gTrade (Gains Network) ALGO/USDlong | 0.000% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | |
| Binance ALGOUSDT | +0.003% | +0.0100% | 8h | $10.3M | $39.5M | 75x | as long as short |
| Aster ALGOUSDT | +0.018% | +0.0100% | 8h | $42K | $87K | 5x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.039% | L +0.0237% / S −0.0167% | 1h | $4K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.053% | +0.0233% | 1h | $159K | $6K | 5x | as long as short |
| Hyperliquid ALGO | +0.128% | +0.0100% | 1h | $3.6M | $2.7M | 5x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.237% | +0.0048% | 1h | $63K | $438K | 50x | as long as short |
| Phemex ALGOUSDT | +0.273% | +0.0100% | 8h | $3.8M | $2.0M | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.623% | +0.0166% | 1h | $841 | $151K | 12x | as long as short |