After costs, if the gap returns to its 7d average, $10k−$97
spread now−0.140%7d average−0.070%fees + slippage, in and out−$90spread needed0.901%
| 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 | 59m 40s | $841K | $1.7M | 50x |
| Short | Bitget ALGOUSDT | 0.1119 | 0.0100 | get 0.0100% / 8h | 6h 59m | $5.6M | $3.9M | 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
- −$14.02
- Funding while held
- $18.16
- Slippage, 4 orders
- −$68.12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$85.97
- Spread needed to break even
- 0.901%
Slippage from Kraken Futures: live order book, 5 min ago; Bitget: live order book, 5 min ago.
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, 5 min ago | 6.24 bp | 24.1 bp −$24 | 42.8 bp −$428 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.46 bp | 20.1 bp −$20 | 44.1 bp −$441 | 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 | |
|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.229% | +0.0032% | 8h | $11.4M | $13.0M | 75x | as long as short |
| BingX ALGO-USDT | −0.194% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| Variational Omni ALGO | −0.187% | +0.0099% | 8h | $65K | $104K | — | as long as short |
| Gate ALGO_USDT | −0.185% | +0.0100% | 8h | $843K | $901K | 50x | as long as short |
| OKX ALGO-USDT-SWAP | −0.176% | +0.0100% | 8h | $3.0M | $8.8M | 50x | as long as short |
| Extended ALGO-USD | −0.165% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| Binance ALGOUSDT | −0.149% | +0.0100% | 8h | $10.4M | $36.6M | 75x | as long as short |
| Bitget ALGOUSDTshort | −0.140% | +0.0100% | 8h | $5.6M | $3.9M | 75x | |
| KuCoin ALGOUSDTM | −0.131% | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
| MEXC ALGO_USDT | −0.113% | +0.0100% | 8h | $22.2M | $3.2M | 200x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.104% | −0.0286% | 1h | $101K | $55K | 25x | as long as short |
| BloFin ALGO-USDT | −0.087% | +0.0220% | 8h | $508K | $779K | 75x | as long as short |
| Aster ALGOUSDT | −0.075% | +0.0100% | 8h | $44K | $74K | 5x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | −0.069% | L +0.0156% / S −0.0080% | 1h | $5K | — | 100x | as long as short |
| HTX ALGO-USDT | −0.060% | +0.0100% | 8h | $66K | $108K | 75x | as long as short |
| gTrade (Gains Network) ALGO/USD | −0.024% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| dYdX ALGO-USD | −0.021% | +0.1162% | 1h | $161K | $6K | 5x | as long as short |
| Kraken Futures PF_ALGOUSDlong | 0.000% | −0.0505% | 1h | $841K | $1.7M | 50x | |
| Coinbase International ALGO-PERP-INTX | +0.003% | +0.0064% | 1h | $61K | $398K | 50x | as long as short |
| Hyperliquid ALGO | +0.020% | +0.0100% | 1h | $3.6M | $2.2M | 5x | as long as short |
| Phemex ALGOUSDT | +0.128% | +0.0100% | 8h | $3.9M | $1.9M | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.752% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
Kraken Futures PF_ALGOUSD
Bitget ALGOUSDT
Bybit
BingX
Variational Omni
Gate
OKX
Extended
Binance
KuCoin
MEXC
Deribit
BloFin
Aster
GMX
HTX
gTrade (Gains Network)
Coinbase International
Hyperliquid
Phemex
Injective