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

ALGO

all ALGO markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$175
spread now+0.097%7d average+0.112%fees + slippage, in and out−$174spread needed1.740%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ALGOUSDTM0.11340.0100pay 0.0100% / 8h1h 23m$3.8M$1.8M50x
ShortPhemex ALGOUSDT0.11350.0100get 0.0100% / 8h1h 23m$3.9M$2.1M50x

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
$9.7
Funding while held
$0
Slippage, 4 orders
−$149.96
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$164.26
Spread needed to break even
1.740%
Slippage from KuCoin: live order book, 10 min ago; Phemex: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 10 min ago6.13 bp53.7 bp −$54215.5 bp −$2,155doesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago8.81 bp27.5 bp −$2771.7 bp −$717doesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni ALGO−0.210%+0.0100%8h$62K$193Kas long as short
HTX ALGO-USDT−0.203%+0.0100%8h$67K$132K75xas long as short
Deribit ALGO_USDC-PERPETUAL−0.194%−0.0280%1h$102K$60K25xas long as short
Kraken Futures PF_ALGOUSD−0.179%−0.1340%1h$859K$1.9M50xas long as short
Bybit ALGOUSDT−0.168%+0.0100%8h$11.8M$14.3M75xas long as short
GMX ALGO/USD [WBTC.b-USDC]−0.153%L +0.0238% / S −0.0167%1h$5K100xas long as short
Gate ALGO_USDT−0.150%+0.0100%8h$855K$1.2M50xas long as short
gTrade (Gains Network) ALGO/USD−0.108%L +0.0001% / S +0.0003%1h$7K150xas long as short
dYdX ALGO-USD−0.096%+0.0224%1h$162K$6K5xas long as short
Bitget ALGOUSDT−0.079%+0.0100%8h$5.7M$4.5M75xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC ALGO_USDT−0.071%+0.0100%8h$22.1M$4.3M200xas long as short
Extended ALGO-USD−0.064%+0.0104%1h$13K$248K10xas long as short
OKX ALGO-USDT-SWAP−0.062%+0.0100%8h$3.0M$11.1M50xas long as short
BingX ALGO-USDT−0.053%+0.0100%8h$3.3Mas long as short
BloFin ALGO-USDT−0.026%+0.0220%8h$526K$747K75xas long as short
Binance ALGOUSDT−0.016%+0.0100%8h$10.5M$42.9M75xas long as short
KuCoin ALGOUSDTMlong0.000%+0.0100%8h$3.8M$1.8M50x
Aster ALGOUSDT+0.013%+0.0100%8h$43K$93K5xas long as short
Coinbase International ALGO-PERP-INTX+0.035%+0.0016%1h$69K$506K50xas long as short
Hyperliquid ALGO+0.062%+0.0100%1h$3.7M$2.9M5xas long as short
Phemex ALGOUSDTshort+0.097%+0.0100%8h$3.9M$2.1M50x
Injective ALGO/USDC PERP+1.773%−0.0120%1h$859$100K12xas long as short