After costs, if the gap returns to its 7d average, $10k−$267
spread now+0.091%7d average−0.054%fees + slippage, in and out−$282spread needed2.819%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALGOUSD | 0.1140 | −0.1330 | get 0.0166% / 1h | 35m 45s | $871K | $1.9M | 50x |
| Short | dYdX ALGO-USD | 0.1141 | 0.0258 | get 0.0032% / 1h | 35m 45s | $164K | $6K | 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
- $9.09
- Funding while held
- $47.64
- Slippage, 4 orders
- −$261.92
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$225.19
- Spread needed to break even
- 2.819%
Slippage from Kraken Futures: live order book, 4 min ago; dYdX: live order book, 20 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1588%
- Per $10,000 a day
- +$47.64
- 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, 4 min ago | 11.90 bp | 19.8 bp −$20 | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 20 min ago | 110.04 bp | 115.0 bp −$115 | 211.8 bp −$2,118 | 315.6 bp −$31.6K | 575.7 bp −$287.8K |
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-INTX | −0.139% | +0.0016% | 1h | $69K | $507K | 50x | as long as short |
| Variational Omni ALGO | −0.120% | +0.0100% | 8h | $63K | $193K | — | as long as short |
| BloFin ALGO-USDT | −0.096% | +0.0220% | 8h | $523K | $751K | 75x | as long as short |
| Gate ALGO_USDT | −0.017% | +0.0100% | 8h | $863K | $1.2M | 50x | as long as short |
| Extended ALGO-USD | −0.011% | +0.0104% | 1h | $13K | $248K | 10x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.008% | −0.0188% | 1h | $103K | $60K | 25x | as long as short |
| Kraken Futures PF_ALGOUSDlong | 0.000% | −0.1330% | 1h | $871K | $1.9M | 50x | |
| GMX ALGO/USD [WBTC.b-USDC] | +0.026% | L +0.0239% / S −0.0167% | 1h | $5K | — | 100x | as long as short |
| KuCoin ALGOUSDTM | +0.027% | +0.0100% | 8h | $3.8M | $1.8M | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.039% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.071% | +0.0100% | 8h | $22.3M | $4.2M | 200x | as long as short |
| Bybit ALGOUSDT | +0.080% | +0.0100% | 8h | $11.8M | $14.3M | 75x | as long as short |
| HTX ALGO-USDT | +0.080% | +0.0100% | 8h | $67K | $131K | 75x | as long as short |
| dYdX ALGO-USDshort | +0.091% | +0.0258% | 1h | $164K | $6K | 5x | |
| Aster ALGOUSDT | +0.111% | +0.0100% | 8h | $43K | $93K | 5x | as long as short |
| OKX ALGO-USDT-SWAP | +0.124% | +0.0100% | 8h | $3.1M | $11.2M | 50x | as long as short |
| BingX ALGO-USDT | +0.159% | +0.0100% | 8h | — | $3.3M | — | as long as short |
| Bitget ALGOUSDT | +0.168% | +0.0100% | 8h | $5.7M | $4.5M | 75x | as long as short |
| Binance ALGOUSDT | +0.169% | +0.0100% | 8h | $10.6M | $42.6M | 75x | as long as short |
| Phemex ALGOUSDT | +0.255% | +0.0100% | 8h | $4.0M | $2.1M | 50x | as long as short |
| Hyperliquid ALGO | +0.361% | +0.0100% | 1h | $3.9M | $2.9M | 5x | as long as short |
| Injective ALGO/USDC PERP | +1.220% | −0.0120% | 1h | $859 | $100K | 12x | as long as short |
Kraken Futures PF_ALGOUSD
Coinbase International
Variational Omni
BloFin
Gate
Extended
Deribit
GMX
KuCoin
gTrade (Gains Network)
MEXC
Bybit
HTX
Aster
OKX
BingX
Bitget
Binance
Phemex
Hyperliquid
Injective