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

ALGO

all ALGO markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+0.410%
7d average—if it closes, per $10,000$41funding while held, a day−$3.21
Long on GMXShort on Coinbase International
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ALGO/USD [WBTC.b-USDC]0.1103L +0.0155% / S −0.0079%pay 0.0019% / 1h7m 49s$5K—100x
ShortCoinbase International ALGO-PERP-INTX0.11080.0048get 0.0006% / 1h7m 49s$63K$364K50x

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
$40.96
Funding while held
−$3.21
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$15.75
Spread needed to break even
0.220%
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 32 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0107%
Per $10,000 a day
−$3.21
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 GMX no order-book sample—————
Sell Coinbase International live order book, 32 min ago6.29 bp12.2 bp −$1217.8 bp −$178doesn't fitdoesn't fit
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.
Bybit0.1102cheapestExtended0.1102+0.039%BingX0.1102+0.045%OKX0.1102+0.054%MEXC0.1102+0.054%Binance0.1103+0.073%KuCoin0.1103+0.091%Bitget0.1103+0.109%Deribit0.1103+0.127%Kraken Futures0.1103+0.138%
GMX0.1103+0.152%
gTrade (Gains Network)0.1104+0.198%Gate0.1104+0.200%HTX0.1104+0.218%Aster0.1104+0.221%Hyperliquid0.1104+0.227%dYdX0.1105+0.273%BloFin0.1105+0.290%Variational Omni0.1106+0.367%Phemex0.1106+0.381%
Coinbase International0.1108+0.563%
Injective0.1129+2.469%

ALGO on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit ALGOUSDT−0.152%−0.0062%8h$11.2M$12.6M75xas long as short
Extended ALGO-USD−0.113%+0.0104%1h$7K$210K10xas long as short
BingX ALGO-USDT−0.107%+0.0100%8h—$3.1M—as long as short
OKX ALGO-USDT-SWAP−0.098%+0.0100%8h$2.9M$8.3M50xas long as short
MEXC ALGO_USDT−0.098%+0.0100%8h$21.8M$3.3M200xas long as short
Binance ALGOUSDT−0.080%+0.0100%8h$9.9M$36.2M75xas long as short
KuCoin ALGOUSDTM−0.062%+0.0100%8h$3.5M$1.7M50xas long as short
Bitget ALGOUSDT−0.043%+0.0100%8h$5.6M$3.8M75xas long as short
Deribit ALGO_USDC-PERPETUAL−0.025%−0.0384%1h$100K$55K25xas long as short
Kraken Futures PF_ALGOUSD−0.014%−0.0195%1h$816K$1.3M50xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX ALGO/USD [WBTC.b-USDC]long0.000%L +0.0155% / S −0.0079%1h$5K—100x
gTrade (Gains Network) ALGO/USD+0.045%L +0.0001% / S +0.0003%1h$7K—150xas long as short
Gate ALGO_USDT+0.047%+0.0100%8h$840K$930K50xas long as short
HTX ALGO-USDT+0.065%+0.0100%8h$66K$113K75xas long as short
Aster ALGOUSDT+0.068%+0.0100%8h$43K$73K5xas long as short
Hyperliquid ALGO+0.074%+0.0100%1h$3.6M$2.0M5xas long as short
dYdX ALGO-USD+0.120%+0.2635%1h$158K$6K5xas long as short
BloFin ALGO-USDT+0.138%+0.0220%8h$494K$783K75xas long as short
Variational Omni ALGO+0.214%+0.0056%8h$64K$13K—as long as short
Phemex ALGOUSDT+0.228%+0.0100%8h$3.8M$1.8M50xas long as short
Coinbase International ALGO-PERP-INTXshort+0.410%+0.0048%1h$63K$364K50x
Injective ALGO/USDC PERP+2.313%+0.0033%1h$841$115K12xas long as short