Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.054%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1691.694% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.166%+$17 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.054%, 7d avg −0.052%
Together, before fees+0.165%+$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ALGOUSDTM0.11140.0100pay 0.0100% / 8h5m 07s$3.4M$1.4M50x
ShortBingX ALGO-USDT0.11130.0100get 0.0100% / 8h5m 07s$3.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.054% → −0.052%
−$0.19
Slippage, 4 orders
−$147.4
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$169.59
Costs to cover
1.694%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago5.83 bp60.0 bp −$60260.8 bp −$2,608doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago5.83 bp17.4 bp −$1735.6 bp −$356137.7 bp −$13.8K703.6 bp −$351.8K

ALGO on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0265%1h0.1114+0.051%$832K$1.1M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0109%1h0.1115+0.072%$88K$46K25xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1114+0.036%$16K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.557%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1115+0.091%$3.4M$2.3M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1114+0.034%$44K$37K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1113−0.063%$9.5M$34.5M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1113−0.099%$11.3M$13.0M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1113−0.072%$2.7M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1114−0.009%$838K$956K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDT+0.0100%8h0.1113−0.036%$23.4M$3.2M200xas long as short
KuCoin ALGOUSDTMlong+0.0100%8h0.1114long leg$3.4M$1.4M50x
Bitget ALGOUSDT+0.0100%8h0.1114+0.018%$5.5M$3.5M75xas long as short
BingX ALGO-USDTshort+0.0100%8h0.1113−0.054%$3.4M
Variational Omni ALGO+0.0100%8h0.1113−0.108%$61K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1114+0.045%$58K$137K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1116+0.198%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1114−0.009%$4K$195K10xas long as short
Coinbase International ALGO-PERP-INTX+0.0144%1h0.1117+0.251%$63K$194K50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1114−0.027%$476K$835K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0319% / S −0.0264%1h0.1114+0.008%$6K100xas long as short
dYdX ALGO-USD+0.1034%1h0.1114+0.015%$161K$5K5xas long as short