data as of
Settings8H · net · $10k
Price arb /

ALGO

all ALGO markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.338%
7d average−0.733%if it closes, per $10,000$34funding while held, a day−$2.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ALGOUSDTM0.11250.0100pay 0.0100% / 8h7h 41m$3.6M$1.8M50x
ShortInjective ALGO/USDC PERP0.11290.0033get 0.0004% / 1h41m 07s$841$115K12x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$33.77
Funding while held
−$2
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$19.75
Spread needed to break even
0.120%
Slippage unknown: KuCoin: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0067%
Per $10,000 a day
$2.00
Average in range /8h

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, 3 min ago4.00 bp64.2 bp −$64209.8 bp −$2,098doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ALGO price on every exchange

against the cheapest. Click to use as the short leg.

ALGO on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni ALGO−0.555%+0.0100%8h$65K$195Kas long as short
Bybit ALGOUSDT−0.213%+0.0007%8h$11.4M$13.4M75xas long as short
OKX ALGO-USDT-SWAP−0.133%+0.0100%8h$3.0M$9.4M50xas long as short
BingX ALGO-USDT−0.071%+0.0100%8h$3.2Mas long as short
Binance ALGOUSDT−0.056%+0.0100%8h$10.4M$38.0M75xas long as short
Gate ALGO_USDT−0.053%+0.0100%8h$850K$933K50xas long as short
Coinbase International ALGO-PERP-INTX−0.036%+0.0064%1h$61K$434K50xas long as short
KuCoin ALGOUSDTMlong0.000%+0.0100%8h$3.6M$1.8M50x
MEXC ALGO_USDT+0.009%+0.0100%8h$22.4M$3.4M200xas long as short
GMX ALGO/USD [WBTC.b-USDC]+0.033%L +0.0157% / S −0.0081%1h$5K100xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended ALGO-USD+0.035%+0.0104%1h$7K$207K10xas long as short
Deribit ALGO_USDC-PERPETUAL+0.044%−0.0105%1h$102K$55K25xas long as short
Kraken Futures PF_ALGOUSD+0.058%−0.0503%1h$847K$1.8M50xas long as short
gTrade (Gains Network) ALGO/USD+0.066%L +0.0001% / S +0.0003%1h$7K150xas long as short
Hyperliquid ALGO+0.071%+0.0100%1h$3.6M$2.6M5xas long as short
Bitget ALGOUSDT+0.071%+0.0100%8h$5.7M$4.1M75xas long as short
HTX ALGO-USDT+0.133%+0.0100%8h$67K$115K75xas long as short
Phemex ALGOUSDT+0.160%+0.0441%8h$3.9M$1.9M50xas long as short
Aster ALGOUSDT+0.175%+0.0100%8h$42K$80K5xas long as short
BloFin ALGO-USDT+0.249%+0.0220%8h$512K$797K75xas long as short
dYdX ALGO-USD+0.253%+0.0735%1h$162K$6K5xas long as short
Injective ALGO/USDC PERPshort+0.338%+0.0033%1h$841$115K12x