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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALGOUSDTM | 0.1134 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $3.8M | $1.8M | 50x |
| Short | Phemex ALGOUSDT | 0.1135 | 0.0100 | get 0.0100% / 8h | 1h 23m | $3.9M | $2.1M | 50x |
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
- $9.7
- 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 10 min ago | 6.13 bp | 53.7 bp −$54 | 215.5 bp −$2,155 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 8.81 bp | 27.5 bp −$27 | 71.7 bp −$717 | 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 | −0.210% | +0.0100% | 8h | $62K | $193K | — | as long as short |
| HTX ALGO-USDT | −0.203% | +0.0100% | 8h | $67K | $132K | 75x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.194% | −0.0280% | 1h | $102K | $60K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.179% | −0.1340% | 1h | $859K | $1.9M | 50x | as long as short |
| Bybit ALGOUSDT | −0.168% | +0.0100% | 8h | $11.8M | $14.3M | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | −0.153% | L +0.0238% / S −0.0167% | 1h | $5K | — | 100x | as long as short |
| Gate ALGO_USDT | −0.150% | +0.0100% | 8h | $855K | $1.2M | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | −0.108% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| dYdX ALGO-USD | −0.096% | +0.0224% | 1h | $162K | $6K | 5x | as long as short |
| Bitget ALGOUSDT | −0.079% | +0.0100% | 8h | $5.7M | $4.5M | 75x | 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 | $22.1M | $4.3M | 200x | as long as short |
| Extended ALGO-USD | −0.064% | +0.0104% | 1h | $13K | $248K | 10x | as long as short |
| OKX ALGO-USDT-SWAP | −0.062% | +0.0100% | 8h | $3.0M | $11.1M | 50x | as long as short |
| BingX ALGO-USDT | −0.053% | +0.0100% | 8h | — | $3.3M | — | as long as short |
| BloFin ALGO-USDT | −0.026% | +0.0220% | 8h | $526K | $747K | 75x | as long as short |
| Binance ALGOUSDT | −0.016% | +0.0100% | 8h | $10.5M | $42.9M | 75x | as long as short |
| KuCoin ALGOUSDTMlong | 0.000% | +0.0100% | 8h | $3.8M | $1.8M | 50x | |
| Aster ALGOUSDT | +0.013% | +0.0100% | 8h | $43K | $93K | 5x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.035% | +0.0016% | 1h | $69K | $506K | 50x | as long as short |
| Hyperliquid ALGO | +0.062% | +0.0100% | 1h | $3.7M | $2.9M | 5x | as long as short |
| Phemex ALGOUSDTshort | +0.097% | +0.0100% | 8h | $3.9M | $2.1M | 50x | |
| Injective ALGO/USDC PERP | +1.773% | −0.0120% | 1h | $859 | $100K | 12x | as long as short |
KuCoin ALGOUSDTM
Phemex ALGOUSDT
Variational Omni
HTX
Deribit
Kraken Futures
Bybit
GMX
Gate
gTrade (Gains Network)
Bitget
MEXC
Extended
OKX
BingX
BloFin
Binance
Aster
Coinbase International
Hyperliquid
Injective