Spread before costs (cost unknown: a leg has no order-book sample)+0.213%
7d average+0.758%if it closes, per $10,000$21funding while held, a day+$1.63
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ALGO/USDC PERP | 0.1129 | 0.0166 | pay 0.0021% / 1h | 41m 43s | $841 | $151K | 12x |
| Short | BloFin ALGO-USDT | 0.1131 | 0.0220 | get 0.0220% / 8h | 41m 43s | $522K | $710K | 75x |
Injective ALGO/USDC PERP
BloFin 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
- $21.26
- Funding while held
- $1.63
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $10.87
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0054%
- Per $10,000 a day
- +$1.63
- 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 BloFin live order book, 7 min ago | 2.63 bp | 12.4 bp −$12 | 26.3 bp −$263 | doesn't fit | doesn't fit |
Injective: 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.Bybit0.1129cheapestOKX0.1129+0.044%
Bybit
OKXInjective0.1129+0.044%
Binance0.1130+0.104%Extended0.1130+0.104%Deribit0.1130+0.106%BingX0.1130+0.115%MEXC0.1130+0.133%Bitget0.1130+0.133%KuCoin0.1130+0.151%Aster0.1130+0.162%Gate0.1130+0.177%dYdX0.1131+0.178%GMX0.1131+0.180%gTrade (Gains Network)0.1131+0.195%Kraken Futures0.1131+0.227%
Binance
Extended
Deribit
BingX
MEXC
Bitget
KuCoin
Aster
Gate
dYdX
GMX
gTrade (Gains Network)
Kraken FuturesBloFin0.1131+0.257%
HTX0.1132+0.266%Hyperliquid0.1132+0.296%Phemex0.1133+0.399%Variational Omni0.1138+0.844%Coinbase International0.1142+1.161%
HTX
Hyperliquid
Phemex
Variational Omni
Coinbase InternationalALGO on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.044% | +0.0100% | 8h | $11.7M | $13.1M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | 0.000% | +0.0100% | 8h | $3.0M | $9.9M | 50x | as long as short |
| Injective ALGO/USDC PERPlong | 0.000% | +0.0166% | 1h | $841 | $151K | 12x | |
| Binance ALGOUSDT | +0.059% | +0.0100% | 8h | $10.4M | $39.3M | 75x | as long as short |
| Extended ALGO-USD | +0.060% | +0.0104% | 1h | $13K | $224K | 10x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | +0.062% | −0.0546% | 1h | $102K | $57K | 25x | as long as short |
| BingX ALGO-USDT | +0.071% | +0.0100% | 8h | — | $3.3M | — | as long as short |
| MEXC ALGO_USDT | +0.089% | +0.0100% | 8h | $22.5M | $4.0M | 200x | as long as short |
| Bitget ALGOUSDT | +0.089% | +0.0100% | 8h | $5.7M | $4.2M | 75x | as long as short |
| KuCoin ALGOUSDTM | +0.106% | +0.0100% | 8h | $3.7M | $1.8M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ALGOUSDT | +0.118% | +0.0100% | 8h | $43K | $87K | 5x | as long as short |
| Gate ALGO_USDT | +0.133% | +0.0100% | 8h | $855K | $1.0M | 50x | as long as short |
| dYdX ALGO-USD | +0.133% | +0.0271% | 1h | $162K | $6K | 5x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.136% | L +0.0238% / S −0.0167% | 1h | $5K | — | 100x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.151% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.183% | −0.0780% | 1h | $855K | $1.8M | 50x | as long as short |
| BloFin ALGO-USDTshort | +0.213% | +0.0220% | 8h | $522K | $710K | 75x | |
| HTX ALGO-USDT | +0.221% | +0.0100% | 8h | $67K | $117K | 75x | as long as short |
| Hyperliquid ALGO | +0.252% | +0.0100% | 1h | $3.7M | $2.7M | 5x | as long as short |
| Phemex ALGOUSDT | +0.354% | +0.0100% | 8h | $3.9M | $2.0M | 50x | as long as short |
| Variational Omni ALGO | +0.799% | +0.0100% | 8h | $66K | $197K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | +1.116% | +0.0048% | 1h | $69K | $450K | 50x | as long as short |