After costs, if the gap returns to its 7d average, $10k−$110
spread now+0.134%7d average+0.036%fees + slippage, in and out−$120spread needed1.197%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALGOUSDTM | 0.1120 | 0.0100 | pay 0.0100% / 8h | 7h 03m | $3.6M | $1.7M | 50x |
| Short | Hyperliquid ALGO | 0.1122 | 0.0100 | get 0.0013% / 1h | 3m 17s | $3.6M | $2.2M | 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
- $13.39
- Funding while held
- $0
- Slippage, 4 orders
- −$98.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$106.32
- Spread needed to break even
- 1.197%
Slippage from KuCoin: live order book, 11 min ago; Hyperliquid: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 KuCoin live order book, 11 min ago | 3.12 bp | 43.8 bp −$44 | 207.3 bp −$2,073 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.34 bp | 16.5 bp −$16 | doesn't fit | 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 | −0.093% | +0.0096% | 8h | $65K | $104K | — | as long as short |
| Gate ALGO_USDT | −0.062% | +0.0100% | 8h | $844K | $943K | 50x | as long as short |
| Bybit ALGOUSDT | −0.045% | +0.0066% | 8h | $11.4M | $13.0M | 75x | as long as short |
| Binance ALGOUSDT | −0.031% | +0.0100% | 8h | $10.4M | $36.6M | 75x | as long as short |
| BingX ALGO-USDT | −0.027% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| MEXC ALGO_USDT | −0.018% | +0.0100% | 8h | $22.2M | $3.5M | 200x | as long as short |
| KuCoin ALGOUSDTMlong | 0.000% | +0.0100% | 8h | $3.6M | $1.7M | 50x | |
| OKX ALGO-USDT-SWAP | +0.009% | +0.0100% | 8h | $3.0M | $8.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.018% | +0.0064% | 1h | $61K | $400K | 50x | as long as short |
| Extended ALGO-USD | +0.033% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX ALGO-USDT | +0.045% | +0.0100% | 8h | $67K | $108K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.051% | L +0.0156% / S −0.0080% | 1h | $5K | — | 100x | as long as short |
| Aster ALGOUSDT | +0.051% | +0.0100% | 8h | $44K | $74K | 5x | as long as short |
| Bitget ALGOUSDT | +0.054% | +0.0100% | 8h | $5.6M | $3.9M | 75x | as long as short |
| BloFin ALGO-USDT | +0.071% | +0.0220% | 8h | $508K | $781K | 75x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.088% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | +0.089% | −0.0285% | 1h | $101K | $55K | 25x | as long as short |
| dYdX ALGO-USD | +0.114% | +0.1124% | 1h | $161K | $6K | 5x | as long as short |
| Hyperliquid ALGOshort | +0.134% | +0.0100% | 1h | $3.6M | $2.2M | 5x | |
| Kraken Futures PF_ALGOUSD | +0.216% | −0.0504% | 1h | $843K | $1.7M | 50x | as long as short |
| Phemex ALGOUSDT | +0.232% | +0.0100% | 8h | $3.8M | $1.9M | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.768% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
KuCoin ALGOUSDTM
Hyperliquid ALGO
Variational Omni
Gate
Bybit
Binance
BingX
MEXC
OKX
Coinbase International
Extended
HTX
GMX
Aster
Bitget
BloFin
gTrade (Gains Network)
Deribit
Kraken Futures
Phemex
Injective