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)−0.266%
7d average−0.013%if it closes, per $10,000$27funding while held, a day−$1.81
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ALGO_USDT0.11090.0100pay 0.0100% / 8h5h 35m$839K$816K50x
ShortVariational Omni ALGO0.11060.0040get 0.0040% / 8h5h 35m$65K$13K

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
−$26.61
Funding while held
−$1.81
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$43.43
Spread needed to break even
0.150%
Slippage unknown: Gate: live order book, 8 min ago; Variational Omni: RFQ quote, 64 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0060%
Per $10,000 a day
$1.81
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 Gate live order book, 8 min ago6.76 bp62.1 bp −$62611.5 bp −$6,115doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 64 min ago4.51 bpdoesn't fit49.6 bp −$496doesn'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
Bybit ALGOUSDT−0.298%−0.0104%8h$11.2M$12.7M75xas long as short
Variational Omni ALGOshort−0.266%+0.0040%8h$65K$13K
OKX ALGO-USDT-SWAP−0.235%+0.0100%8h$3.0M$8.2M50xas long as short
Extended ALGO-USD−0.118%+0.0104%1h$7K$210K10xas long as short
Binance ALGOUSDT−0.111%+0.0100%8h$9.9M$36.1M75xas long as short
BingX ALGO-USDT−0.108%+0.0100%8h$3.1Mas long as short
BloFin ALGO-USDT−0.099%+0.0220%8h$490K$793K75xas long as short
Bitget ALGOUSDT−0.054%+0.0100%8h$5.6M$3.8M75xas long as short
MEXC ALGO_USDT−0.045%+0.0100%8h$22.0M$3.1M200xas long as short
HTX ALGO-USDT−0.045%+0.0100%8h$66K$112K75xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.027%−0.0111%1h$100K$54K25xas long as short
Aster ALGOUSDT−0.025%+0.0100%8h$44K$73K5xas long as short
dYdX ALGO-USD−0.021%+0.3943%1h$159K$6K5xas long as short
Kraken Futures PF_ALGOUSD−0.018%−0.0374%1h$815K$1.3M50xas long as short
Gate ALGO_USDTlong0.000%+0.0100%8h$839K$816K50x
KuCoin ALGOUSDTM0.000%+0.0100%8h$3.6M$1.6M50xas long as short
Coinbase International ALGO-PERP-INTX0.000%+0.0032%1h$62K$361K50xas long as short
GMX ALGO/USD [WBTC.b-USDC]+0.006%L +0.0154% / S −0.0078%1h$5K100xas long as short
gTrade (Gains Network) ALGO/USD+0.012%L +0.0001% / S +0.0003%1h$7K150xas long as short
Hyperliquid ALGO+0.027%+0.0100%1h$3.6M$2.0M5xas long as short
Phemex ALGOUSDT+0.216%+0.0100%8h$3.8M$1.8M50xas long as short
Injective ALGO/USDC PERP+1.840%+0.0033%1h$841$81K12xas long as short