After costs, if the gap returns to its 7d average, $10k−$101
spread now−0.423%7d average−0.119%fees + slippage, in and out−$71spread needed0.705%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALGOUSD | 0.1110 | −0.0373 | get 0.0047% / 1h | 0m 17s | $816K | $1.2M | 50x |
| Short | Coinbase International ALGO-PERP-INTX | 0.1106 | 0.0032 | get 0.0004% / 1h | 0m 17s | $61K | $358K | 50x |
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
- −$42.32
- Funding while held
- $12.16
- Slippage, 4 orders
- −$50.51
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$100.67
- Spread needed to break even
- 0.705%
Slippage from Kraken Futures: live order book, 5 min ago; Coinbase International: live order book, 34 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0405%
- Per $10,000 a day
- +$12.16
- 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 | 5.39 bp | 18.3 bp −$18 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 34 min ago | 7.21 bp | 14.9 bp −$15 | 24.0 bp −$240 | 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 | |
|---|---|---|---|---|---|---|---|
| Coinbase International ALGO-PERP-INTXshort | −0.423% | +0.0032% | 1h | $61K | $358K | 50x | |
| Bybit ALGOUSDT | −0.126% | −0.0126% | 8h | $11.2M | $12.5M | 75x | as long as short |
| Variational Omni ALGO | −0.097% | −0.0010% | 8h | $65K | $13K | — | as long as short |
| Gate ALGO_USDT | −0.081% | +0.0100% | 8h | $840K | $818K | 50x | as long as short |
| BingX ALGO-USDT | −0.063% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| OKX ALGO-USDT-SWAP | −0.045% | +0.0100% | 8h | $3.0M | $8.1M | 50x | as long as short |
| Bitget ALGOUSDT | −0.036% | +0.0100% | 8h | $5.6M | $3.7M | 75x | as long as short |
| MEXC ALGO_USDT | −0.027% | +0.0100% | 8h | $22.3M | $3.2M | 200x | as long as short |
| HTX ALGO-USDT | −0.027% | +0.0100% | 8h | $67K | $111K | 75x | as long as short |
| Aster ALGOUSDT | −0.020% | +0.0100% | 8h | $44K | $73K | 5x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ALGO-USD | −0.018% | +0.0104% | 1h | $7K | $210K | 10x | as long as short |
| dYdX ALGO-USD | −0.012% | +0.4541% | 1h | $159K | $6K | 5x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.009% | −0.0200% | 1h | $100K | $54K | 25x | as long as short |
| Binance ALGOUSDT | −0.007% | +0.0100% | 8h | $9.9M | $35.5M | 75x | as long as short |
| Kraken Futures PF_ALGOUSDlong | 0.000% | −0.0373% | 1h | $816K | $1.2M | 50x | |
| KuCoin ALGOUSDTM | 0.000% | +0.0100% | 8h | $3.6M | $1.6M | 50x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.005% | L +0.0153% / S −0.0077% | 1h | $5K | — | 100x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.025% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| BloFin ALGO-USDT | +0.045% | +0.0220% | 8h | $491K | $801K | 75x | as long as short |
| Hyperliquid ALGO | +0.135% | +0.0100% | 1h | $3.6M | $2.1M | 5x | as long as short |
| Phemex ALGOUSDT | +0.234% | +0.0135% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.675% | +0.0033% | 1h | $841 | $81K | 12x | as long as short |
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
Bybit
Variational Omni
Gate
BingX
OKX
Bitget
MEXC
HTX
Aster
Extended
Deribit
Binance
KuCoin
GMX
gTrade (Gains Network)
BloFin
Hyperliquid
Phemex
Injective