After costs, if the gap returns to its 7d average, $10k−$52
spread now+0.152%7d average−0.068%fees + slippage, in and out−$74spread needed0.740%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALGOUSD | 0.1128 | −0.0502 | get 0.0063% / 1h | 42m 40s | $848K | $1.8M | 50x |
| Short | Binance ALGOUSDT | 0.1129 | 0.0100 | get 0.0100% / 8h | 7h 42m | $10.5M | $38.1M | 75x |
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
- $15.2
- Funding while held
- $18.07
- Slippage, 4 orders
- −$53.98
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.71
- Spread needed to break even
- 0.740%
Slippage from Kraken Futures: live order book, 2 min ago; Binance: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0602%
- Per $10,000 a day
- +$18.07
- 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, 2 min ago | 12.46 bp | 22.4 bp −$22 | 40.8 bp −$408 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.89 bp | 10.3 bp −$10 | 28.7 bp −$287 | 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 | −0.766% | +0.0100% | 8h | $65K | $195K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.247% | +0.0064% | 1h | $61K | $434K | 50x | as long as short |
| HTX ALGO-USDT | −0.141% | +0.0100% | 8h | $67K | $116K | 75x | as long as short |
| Gate ALGO_USDT | −0.087% | +0.0100% | 8h | $851K | $933K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | −0.019% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | −0.017% | L +0.0238% / S −0.0167% | 1h | $5K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSDlong | 0.000% | −0.0502% | 1h | $848K | $1.8M | 50x | |
| Deribit ALGO_USDC-PERPETUAL | +0.001% | 0.0000% | 1h | $102K | $55K | 25x | as long as short |
| Extended ALGO-USD | +0.012% | +0.0104% | 1h | $7K | $207K | 10x | as long as short |
| BingX ALGO-USDT | +0.019% | +0.0100% | 8h | — | $3.2M | — | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX ALGO-USD | +0.041% | +0.0735% | 1h | $162K | $6K | 5x | as long as short |
| BloFin ALGO-USDT | +0.046% | +0.0220% | 8h | $514K | $785K | 75x | as long as short |
| Bybit ALGOUSDT | +0.063% | +0.0033% | 8h | $11.5M | $13.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.072% | +0.0100% | 8h | $3.0M | $9.4M | 50x | as long as short |
| Aster ALGOUSDT | +0.074% | +0.0100% | 8h | $42K | $80K | 5x | as long as short |
| KuCoin ALGOUSDTM | +0.117% | +0.0100% | 8h | $3.7M | $1.8M | 50x | as long as short |
| Bitget ALGOUSDT | +0.125% | +0.0100% | 8h | $5.7M | $4.1M | 75x | as long as short |
| Injective ALGO/USDC PERP | +0.125% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
| Phemex ALGOUSDT | +0.125% | +0.0359% | 8h | $3.9M | $1.9M | 50x | as long as short |
| Binance ALGOUSDTshort | +0.152% | +0.0100% | 8h | $10.5M | $38.1M | 75x | |
| MEXC ALGO_USDT | +0.179% | +0.0100% | 8h | $22.5M | $3.4M | 200x | as long as short |
| Hyperliquid ALGO | +0.285% | +0.0100% | 1h | $3.7M | $2.6M | 5x | as long as short |
Kraken Futures PF_ALGOUSD
Binance ALGOUSDT
Variational Omni
Coinbase International
HTX
Gate
gTrade (Gains Network)
GMX
Deribit
Extended
BingX
BloFin
Bybit
OKX
Aster
KuCoin
Bitget
Injective
Phemex
MEXC
Hyperliquid