Spread before costs (cost unknown: a leg has no order-book sample)−0.008%
7d average—if it closes, per $10,000$1funding while held, a day+$18.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALGOUSD | 0.1121 | −0.0505 | get 0.0063% / 1h | 49m 14s | $843K | $1.8M | 50x |
| Short | Aster ALGOUSDT | 0.1121 | 0.0100 | get 0.0100% / 8h | 7h 49m | $42K | $87K | 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
- −$0.77
- Funding while held
- $18.16
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$0.61
- Spread needed to break even
- 0.180%
Slippage unknown: Kraken Futures: live order book, 1 min ago; Aster: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0605%
- Per $10,000 a day
- +$18.16
- 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 Kraken Futures live order book, 1 min ago | 6.69 bp | 23.3 bp −$23 | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
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 | −0.188% | +0.0100% | 8h | $65K | $195K | — | as long as short |
| Bybit ALGOUSDT | −0.138% | −0.0146% | 8h | $11.4M | $13.5M | 75x | as long as short |
| Gate ALGO_USDT | −0.129% | +0.0100% | 8h | $847K | $932K | 50x | as long as short |
| BingX ALGO-USDT | −0.129% | +0.0100% | 8h | — | $3.2M | — | as long as short |
| dYdX ALGO-USD | −0.067% | +0.0385% | 1h | $160K | $6K | 5x | as long as short |
| OKX ALGO-USDT-SWAP | −0.058% | +0.0100% | 8h | $3.0M | $9.4M | 50x | as long as short |
| Bitget ALGOUSDT | −0.058% | +0.0100% | 8h | $5.7M | $4.1M | 75x | as long as short |
| KuCoin ALGOUSDTM | −0.049% | +0.0100% | 8h | $3.6M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | −0.043% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.040% | −0.0107% | 1h | $101K | $56K | 25x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ALGOUSDT | −0.036% | +0.0100% | 8h | $10.4M | $38.3M | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | −0.013% | L +0.0237% / S −0.0167% | 1h | $5K | — | 100x | as long as short |
| Aster ALGOUSDTshort | −0.008% | +0.0100% | 8h | $42K | $87K | 5x | |
| Kraken Futures PF_ALGOUSDlong | 0.000% | −0.0505% | 1h | $843K | $1.8M | 50x | |
| MEXC ALGO_USDT | +0.014% | +0.0100% | 8h | $22.2M | $3.4M | 200x | as long as short |
| HTX ALGO-USDT | +0.014% | +0.0100% | 8h | $66K | $116K | 75x | as long as short |
| BloFin ALGO-USDT | +0.014% | +0.0220% | 8h | $512K | $770K | 75x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.032% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Phemex ALGOUSDT | +0.121% | +0.0100% | 8h | $3.8M | $1.9M | 50x | as long as short |
| Hyperliquid ALGO | +0.148% | +0.0100% | 1h | $3.6M | $2.6M | 5x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.371% | +0.0064% | 1h | $61K | $435K | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.745% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
Kraken Futures PF_ALGOUSD
Aster ALGOUSDT
Variational Omni
Bybit
Gate
BingX
OKX
Bitget
KuCoin
Extended
Deribit
Binance
GMX
MEXC
HTX
BloFin
gTrade (Gains Network)
Phemex
Hyperliquid
Coinbase International
Injective