After costs, if the gap returns to its 7d average, $10k−$78
spread now−0.325%7d average−0.111%fees + slippage, in and out−$56spread needed0.563%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALGO | 0.1131 | 0.0100 | pay 0.0013% / 1h | 12m 00s | $3.7M | $2.7M | 5x |
| Short | Extended ALGO-USD | 0.1127 | 0.0104 | get 0.0013% / 1h | 12m 00s | $7K | $207K | 10x |
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
- −$32.53
- Funding while held
- $0.12
- Slippage, 4 orders
- −$42.27
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$88.68
- Spread needed to break even
- 0.563%
Slippage from Hyperliquid: live order book, 1 min ago; Extended: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Hyperliquid live order book, 1 min ago | 2.22 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 7 min ago | 1.02 bp | 14.2 bp −$14 | 121.9 bp −$1,219 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALGO | −1.147% | +0.0100% | 8h | $65K | $195K | — | as long as short |
| BloFin ALGO-USDT | −0.586% | +0.0220% | 8h | $521K | $760K | 75x | as long as short |
| dYdX ALGO-USD | −0.489% | +0.0408% | 1h | $161K | $6K | 5x | as long as short |
| Gate ALGO_USDT | −0.339% | +0.0100% | 8h | $853K | $1.0M | 50x | as long as short |
| Extended ALGO-USDshort | −0.325% | +0.0104% | 1h | $7K | $207K | 10x | |
| HTX ALGO-USDT | −0.303% | +0.0100% | 8h | $67K | $117K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | −0.289% | L +0.0238% / S −0.0167% | 1h | $5K | — | 100x | as long as short |
| Aster ALGOUSDT | −0.275% | +0.0100% | 8h | $42K | $87K | 5x | as long as short |
| Bybit ALGOUSDT | −0.268% | +0.0100% | 8h | $11.5M | $13.8M | 75x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.268% | 0.0000% | 1h | $102K | $56K | 25x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ALGO/USD | −0.259% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| OKX ALGO-USDT-SWAP | −0.188% | +0.0100% | 8h | $3.0M | $9.8M | 50x | as long as short |
| BingX ALGO-USDT | −0.171% | +0.0100% | 8h | — | $3.2M | — | as long as short |
| MEXC ALGO_USDT | −0.162% | +0.0100% | 8h | $22.4M | $4.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | −0.153% | +0.0100% | 8h | $3.7M | $1.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | −0.153% | +0.0166% | 1h | $841 | $151K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.126% | +0.0048% | 1h | $61K | $442K | 50x | as long as short |
| Binance ALGOUSDT | −0.123% | +0.0100% | 8h | $10.5M | $39.2M | 75x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.116% | −0.0781% | 1h | $847K | $1.8M | 50x | as long as short |
| Bitget ALGOUSDT | −0.065% | +0.0100% | 8h | $5.7M | $4.3M | 75x | as long as short |
| Hyperliquid ALGOlong | 0.000% | +0.0100% | 1h | $3.7M | $2.7M | 5x | |
| Phemex ALGOUSDT | +0.024% | +0.0100% | 8h | $3.9M | $2.0M | 50x | as long as short |
Hyperliquid ALGO
Extended ALGO-USD
Variational Omni
BloFin
Gate
HTX
GMX
Aster
Bybit
Deribit
gTrade (Gains Network)
OKX
BingX
MEXC
KuCoin
Injective
Coinbase International
Binance
Kraken Futures
Bitget
Phemex