After costs, if the gap returns to its 7d average, $10k−$64
spread now+0.357%7d average+0.199%fees + slippage, in and out−$80spread needed0.798%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ALGO-USDT-SWAP | 0.1119 | 0.0100 | pay 0.0100% / 8h | 6h 49m | $3.0M | $8.7M | 50x |
| Short | Phemex ALGOUSDT | 0.1123 | 0.0100 | get 0.0100% / 8h | 6h 49m | $3.9M | $1.9M | 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
- $35.75
- Funding while held
- $0
- Slippage, 4 orders
- −$57.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$44.08
- Spread needed to break even
- 0.798%
Slippage from OKX: live order book, 5 min ago; Phemex: live order book, 5 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 OKX live order book, 5 min ago | 1.79 bp | 18.3 bp −$18 | 58.6 bp −$586 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 4.47 bp | 23.5 bp −$24 | 65.4 bp −$654 | 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 | |
|---|---|---|---|---|---|---|---|
| Bybit ALGOUSDT | −0.027% | +0.0035% | 8h | $11.4M | $12.9M | 75x | as long as short |
| Extended ALGO-USD | −0.004% | +0.0104% | 1h | $6K | $207K | 10x | as long as short |
| OKX ALGO-USDT-SWAPlong | 0.000% | +0.0100% | 8h | $3.0M | $8.7M | 50x | |
| BingX ALGO-USDT | +0.018% | +0.0100% | 8h | — | $3.1M | — | as long as short |
| BloFin ALGO-USDT | +0.063% | +0.0220% | 8h | $511K | $773K | 75x | as long as short |
| Binance ALGOUSDT | +0.075% | +0.0100% | 8h | $10.4M | $36.5M | 75x | as long as short |
| MEXC ALGO_USDT | +0.080% | +0.0100% | 8h | $22.2M | $3.2M | 200x | as long as short |
| Bitget ALGOUSDT | +0.089% | +0.0100% | 8h | $5.6M | $3.9M | 75x | as long as short |
| Variational Omni ALGO | +0.103% | +0.0096% | 8h | $65K | $103K | — | as long as short |
| KuCoin ALGOUSDTM | +0.116% | +0.0100% | 8h | $3.6M | $1.7M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ALGO_USDT | +0.161% | +0.0100% | 8h | $844K | $902K | 50x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.167% | −0.0192% | 1h | $837K | $1.6M | 50x | as long as short |
| dYdX ALGO-USD | +0.183% | +0.1932% | 1h | $161K | $6K | 5x | as long as short |
| HTX ALGO-USDT | +0.188% | +0.0100% | 8h | $67K | $108K | 75x | as long as short |
| Aster ALGOUSDT | +0.207% | +0.0100% | 8h | $44K | $74K | 5x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | +0.214% | 0.0000% | 1h | $101K | $55K | 25x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | +0.225% | L +0.0156% / S −0.0080% | 1h | $5K | — | 100x | as long as short |
| gTrade (Gains Network) ALGO/USD | +0.269% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Hyperliquid ALGO | +0.277% | +0.0100% | 1h | $3.7M | $2.2M | 5x | as long as short |
| Phemex ALGOUSDTshort | +0.357% | +0.0100% | 8h | $3.9M | $1.9M | 50x | |
| Coinbase International ALGO-PERP-INTX | +0.420% | +0.0048% | 1h | $61K | $397K | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.894% | +0.0033% | 1h | $841 | $115K | 12x | as long as short |
OKX ALGO-USDT-SWAP
Phemex ALGOUSDT
Bybit
Extended
BingX
BloFin
Binance
MEXC
Bitget
Variational Omni
KuCoin
Gate
Kraken Futures
HTX
Aster
Deribit
GMX
gTrade (Gains Network)
Hyperliquid
Coinbase International
Injective