After costs, if the gap returns to its 7d average, $10k−$60
spread now+0.054%7d average+0.049%fees + slippage, in and out−$61spread needed0.605%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ALGO-USDT-SWAP | 0.1109 | 0.0100 | pay 0.0100% / 8h | 6h 12m | $3.0M | $8.4M | 50x |
| Short | Deribit ALGO_USDC-PERPETUAL | 0.1109 | −0.0110 | pay 0.0014% / 1h | 12m 37s | $100K | $55K | 25x |
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
- $5.41
- Funding while held
- −$6.3
- Slippage, 4 orders
- −$43.53
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$61.42
- Spread needed to break even
- 0.605%
Slippage from OKX: live order book, 2 min ago; Deribit: live order book, 48 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0210%
- Per $10,000 a day
- −$6.30
- 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 OKX live order book, 2 min ago | 0.90 bp | 12.4 bp −$12 | 49.2 bp −$492 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 48 min ago | 1.79 bp | 11.5 bp −$12 | 22.1 bp −$221 | 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 | |
|---|---|---|---|---|---|---|---|
| Coinbase International ALGO-PERP-INTX | −0.081% | +0.0048% | 1h | $63K | $364K | 50x | as long as short |
| Bybit ALGOUSDT | −0.054% | −0.0066% | 8h | $11.2M | $12.6M | 75x | as long as short |
| OKX ALGO-USDT-SWAPlong | 0.000% | +0.0100% | 8h | $3.0M | $8.4M | 50x | |
| HTX ALGO-USDT | 0.000% | +0.0100% | 8h | $67K | $113K | 75x | as long as short |
| Gate ALGO_USDT | +0.009% | +0.0100% | 8h | $844K | $929K | 50x | as long as short |
| BingX ALGO-USDT | +0.009% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| BloFin ALGO-USDT | +0.018% | +0.0220% | 8h | $495K | $766K | 75x | as long as short |
| Variational Omni ALGO | +0.036% | +0.0061% | 8h | $65K | $14K | — | as long as short |
| KuCoin ALGOUSDTM | +0.036% | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUALshort | +0.054% | −0.0110% | 1h | $100K | $55K | 25x |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | +0.057% | −0.0194% | 1h | $821K | $1.3M | 50x | as long as short |
| Aster ALGOUSDT | +0.062% | +0.0100% | 8h | $44K | $73K | 5x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.062% | L +0.0155% / S −0.0079% | 1h | $5K | — | 100x | as long as short |
| MEXC ALGO_USDT | +0.072% | +0.0100% | 8h | $22.0M | $3.2M | 200x | as long as short |
| Extended ALGO-USD | +0.090% | +0.0104% | 1h | $7K | $210K | 10x | as long as short |
| Binance ALGOUSDT | +0.099% | +0.0100% | 8h | $9.9M | $36.2M | 75x | as long as short |
| Bitget ALGOUSDT | +0.099% | +0.0100% | 8h | $5.6M | $3.8M | 75x | 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 | +0.139% | +0.2353% | 1h | $159K | $6K | 5x | as long as short |
| Hyperliquid ALGO | +0.171% | +0.0100% | 1h | $3.6M | $2.0M | 5x | as long as short |
| Phemex ALGOUSDT | +0.280% | +0.0100% | 8h | $3.8M | $1.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | +1.813% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
OKX ALGO-USDT-SWAP
Deribit ALGO_USDC-PERPETUAL
Coinbase International
Bybit
HTX
Gate
BingX
BloFin
Variational Omni
KuCoin
Kraken Futures
Aster
GMX
MEXC
Extended
Binance
Bitget
gTrade (Gains Network)
Hyperliquid
Phemex
Injective