Spread before costs (cost unknown: a leg has no order-book sample)−0.773%
7d average—if it closes, per $10,000$77funding while held, a day+$4.00
| 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 | 50m 08s | $841 | $115K | 12x |
| Short | GMX ALGO/USD [WBTC.b-USDC] | 0.1120 | L +0.0237% / S −0.0167% | get 0.0021% / 1h | 50m 08s | $5K | — | 100x |
Injective ALGO/USDC PERP
GMX ALGO/USD [WBTC.b-USDC]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
- −$77.33
- Funding while held
- $4
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$85.34
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0133%
- Per $10,000 a day
- +$4.00
- 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 GMX no order-book sample | — | — | — | — | — |
Injective and 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.Gate0.1117cheapestBybit0.1118+0.081%Variational Omni0.1119+0.129%dYdX0.1119+0.143%KuCoin0.1119+0.170%BingX0.1119+0.206%BloFin0.1119+0.206%Kraken Futures0.1120+0.229%Extended0.1120+0.229%Binance0.1120+0.233%OKX0.1120+0.233%Deribit0.1120+0.233%Aster0.1120+0.241%HTX0.1120+0.251%Bitget0.1120+0.260%gTrade (Gains Network)0.1120+0.260%
Gate
Bybit
Variational Omni
dYdX
KuCoin
BingX
BloFin
Kraken Futures
Extended
Binance
OKX
Deribit
Aster
HTX
Bitget
gTrade (Gains Network)GMX0.1120+0.284%
MEXC0.1120+0.304%Hyperliquid0.1121+0.385%Phemex0.1122+0.439%Coinbase International0.1125+0.689%
MEXC
Hyperliquid
Phemex
Coinbase InternationalInjective0.1129+1.065%
ALGO on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ALGO_USDT | −1.054% | +0.0100% | 8h | $845K | $932K | 50x | as long as short |
| Bybit ALGOUSDT | −0.974% | −0.0290% | 8h | $11.3M | $13.5M | 75x | as long as short |
| Variational Omni ALGO | −0.926% | +0.0100% | 8h | $65K | $195K | — | as long as short |
| dYdX ALGO-USD | −0.912% | +0.0428% | 1h | $160K | $6K | 5x | as long as short |
| KuCoin ALGOUSDTM | −0.886% | +0.0100% | 8h | $3.6M | $1.8M | 50x | as long as short |
| BingX ALGO-USDT | −0.850% | +0.0100% | 8h | — | $3.2M | — | as long as short |
| BloFin ALGO-USDT | −0.850% | +0.0220% | 8h | $513K | $772K | 75x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.828% | −0.0506% | 1h | $842K | $1.8M | 50x | as long as short |
| Extended ALGO-USD | −0.827% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| Binance ALGOUSDT | −0.824% | +0.0100% | 8h | $10.4M | $38.4M | 75x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | −0.824% | +0.0100% | 8h | $3.0M | $9.4M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.824% | −0.0018% | 1h | $101K | $56K | 25x | as long as short |
| Aster ALGOUSDT | −0.816% | +0.0100% | 8h | $42K | $87K | 5x | as long as short |
| HTX ALGO-USDT | −0.806% | +0.0100% | 8h | $66K | $116K | 75x | as long as short |
| Bitget ALGOUSDT | −0.797% | +0.0100% | 8h | $5.7M | $4.2M | 75x | as long as short |
| gTrade (Gains Network) ALGO/USD | −0.797% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC]short | −0.773% | L +0.0237% / S −0.0167% | 1h | $5K | — | 100x | |
| MEXC ALGO_USDT | −0.753% | +0.0100% | 8h | $22.2M | $3.4M | 200x | as long as short |
| Hyperliquid ALGO | −0.673% | +0.0100% | 1h | $3.6M | $2.6M | 5x | as long as short |
| Phemex ALGOUSDT | −0.620% | +0.0171% | 8h | $3.8M | $1.9M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.372% | +0.0064% | 1h | $61K | $435K | 50x | as long as short |
| Injective ALGO/USDC PERPlong | 0.000% | +0.0033% | 1h | $841 | $115K | 12x |