Spread before costs (cost unknown: a leg has no order-book sample)−0.639%
7d average—if it closes, per $10,000$64funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ALGO/USDC PERP | 0.1129 | 0.0033 | pay 0.0004% / 1h | 5m 49s | $841 | $115K | 12x |
| Short | Aster ALGOUSDT | 0.1122 | 0.0100 | get 0.0100% / 8h | 7h 05m | $44K | $74K | 5x |
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
- −$63.85
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$69.87
- Spread needed to break even
- 0.080%
Slippage unknown: Injective: no order-book sample; Aster: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Injective and Aster: 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.ALGO on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALGO | −0.854% | +0.0096% | 8h | $65K | $104K | — | as long as short |
| BloFin ALGO-USDT | −0.797% | +0.0220% | 8h | $508K | $781K | 75x | as long as short |
| Bybit ALGOUSDT | −0.762% | +0.0073% | 8h | $11.4M | $13.0M | 75x | as long as short |
| Gate ALGO_USDT | −0.744% | +0.0100% | 8h | $845K | $943K | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.744% | +0.0064% | 1h | $61K | $400K | 50x | as long as short |
| BingX ALGO-USDT | −0.700% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| KuCoin ALGOUSDTM | −0.691% | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
| Binance ALGOUSDT | −0.676% | +0.0100% | 8h | $10.4M | $36.7M | 75x | as long as short |
| Extended ALGO-USD | −0.657% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| OKX ALGO-USDT-SWAP | −0.655% | +0.0100% | 8h | $3.0M | $8.8M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | −0.647% | +0.0100% | 8h | $22.2M | $3.5M | 200x | as long as short |
| Aster ALGOUSDTshort | −0.639% | +0.0100% | 8h | $44K | $74K | 5x | |
| dYdX ALGO-USD | −0.635% | +0.1097% | 1h | $161K | $6K | 5x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | −0.629% | L +0.0156% / S −0.0080% | 1h | $5K | — | 100x | as long as short |
| Bitget ALGOUSDT | −0.620% | +0.0100% | 8h | $5.6M | $3.9M | 75x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.620% | −0.0017% | 1h | $102K | $55K | 25x | as long as short |
| HTX ALGO-USDT | −0.620% | +0.0100% | 8h | $67K | $109K | 75x | as long as short |
| gTrade (Gains Network) ALGO/USD | −0.586% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.549% | −0.0504% | 1h | $843K | $1.7M | 50x | as long as short |
| Phemex ALGOUSDT | −0.531% | +0.0100% | 8h | $3.8M | $1.9M | 50x | as long as short |
| Hyperliquid ALGO | −0.514% | +0.0100% | 1h | $3.6M | $2.2M | 5x | as long as short |
| Injective ALGO/USDC PERPlong | 0.000% | +0.0033% | 1h | $841 | $115K | 12x |
Injective ALGO/USDC PERP
Aster ALGOUSDT
Variational Omni
BloFin
Bybit
Gate
Coinbase International
BingX
KuCoin
Binance
Extended
OKX
MEXC
GMX
Bitget
Deribit
HTX
gTrade (Gains Network)
Kraken Futures
Phemex
Hyperliquid