Spread before costs (cost unknown: a leg has no order-book sample)+0.138%
7d average—if it closes, per $10,000$14funding while held, a day−$3.09
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALGO_USDT | 0.1112 | 0.0100 | pay 0.0100% / 8h | 6h 44m | $22.0M | $3.2M | 200x |
| Short | gTrade (Gains Network) ALGO/USD | 0.1114 | L +0.0001% / S +0.0003% | pay 0.0000% / 1h | 44m 01s | $7K | — | 150x |
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
- $13.75
- Funding while held
- −$3.09
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $0.67
- Spread needed to break even
- 0.100%
Slippage unknown: MEXC: live order book, 1 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0103%
- Per $10,000 a day
- −$3.09
- 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 MEXC live order book, 1 min ago | 0.45 bp | 4.2 bp −$4 | 14.4 bp −$144 | 413.4 bp −$41.3K | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.090% | −0.0028% | 8h | $11.4M | $12.8M | 75x | as long as short |
| BloFin ALGO-USDT | −0.081% | +0.0220% | 8h | $509K | $767K | 75x | as long as short |
| BingX ALGO-USDT | −0.027% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| KuCoin ALGOUSDTM | −0.018% | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
| Binance ALGOUSDT | −0.009% | +0.0100% | 8h | $10.3M | $36.4M | 75x | as long as short |
| MEXC ALGO_USDTlong | 0.000% | +0.0100% | 8h | $22.0M | $3.2M | 200x | |
| OKX ALGO-USDT-SWAP | +0.018% | +0.0100% | 8h | $3.0M | $8.6M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | +0.027% | −0.0289% | 1h | $101K | $55K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.035% | −0.0193% | 1h | $824K | $1.6M | 50x | as long as short |
| HTX ALGO-USDT | +0.045% | +0.0100% | 8h | $66K | $108K | 75x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ALGOUSDT | +0.054% | +0.0100% | 8h | $5.6M | $3.9M | 75x | as long as short |
| Extended ALGO-USD | +0.057% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| Aster ALGOUSDT | +0.090% | +0.0100% | 8h | $44K | $74K | 5x | as long as short |
| dYdX ALGO-USD | +0.109% | +0.1777% | 1h | $160K | $6K | 5x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.112% | L +0.0156% / S −0.0080% | 1h | $5K | — | 100x | as long as short |
| Variational Omni ALGO | +0.120% | +0.0095% | 8h | $64K | $103K | — | as long as short |
| Hyperliquid ALGO | +0.126% | +0.0100% | 1h | $3.6M | $2.2M | 5x | as long as short |
| gTrade (Gains Network) ALGO/USDshort | +0.138% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | |
| Gate ALGO_USDT | +0.144% | +0.0100% | 8h | $840K | $902K | 50x | as long as short |
| Phemex ALGOUSDT | +0.234% | +0.0100% | 8h | $3.8M | $1.9M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +1.016% | +0.0048% | 1h | $61K | $397K | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.492% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
MEXC ALGO_USDT
gTrade (Gains Network) ALGO/USD
Bybit
BloFin
BingX
KuCoin
Binance
OKX
Deribit
Kraken Futures
HTX
Bitget
Extended
Aster
GMX
Variational Omni
Hyperliquid
Gate
Phemex
Coinbase International
Injective