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−$64
spread now+0.357%7d average+0.199%fees + slippage, in and out−$80spread needed0.798%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ALGO-USDT-SWAP0.11190.0100pay 0.0100% / 8h6h 49m$3.0M$8.7M50x
ShortPhemex ALGOUSDT0.11230.0100get 0.0100% / 8h6h 49m$3.9M$1.9M50x

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
$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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago1.79 bp18.3 bp −$1858.6 bp −$586doesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago4.47 bp23.5 bp −$2465.4 bp −$654doesn'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
Bybit ALGOUSDT−0.027%+0.0035%8h$11.4M$12.9M75xas long as short
Extended ALGO-USD−0.004%+0.0104%1h$6K$207K10xas long as short
OKX ALGO-USDT-SWAPlong0.000%+0.0100%8h$3.0M$8.7M50x
BingX ALGO-USDT+0.018%+0.0100%8h$3.1Mas long as short
BloFin ALGO-USDT+0.063%+0.0220%8h$511K$773K75xas long as short
Binance ALGOUSDT+0.075%+0.0100%8h$10.4M$36.5M75xas long as short
MEXC ALGO_USDT+0.080%+0.0100%8h$22.2M$3.2M200xas long as short
Bitget ALGOUSDT+0.089%+0.0100%8h$5.6M$3.9M75xas long as short
Variational Omni ALGO+0.103%+0.0096%8h$65K$103Kas long as short
KuCoin ALGOUSDTM+0.116%+0.0100%8h$3.6M$1.7M50xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate ALGO_USDT+0.161%+0.0100%8h$844K$902K50xas long as short
Kraken Futures PF_ALGOUSD+0.167%−0.0192%1h$837K$1.6M50xas long as short
dYdX ALGO-USD+0.183%+0.1932%1h$161K$6K5xas long as short
HTX ALGO-USDT+0.188%+0.0100%8h$67K$108K75xas long as short
Aster ALGOUSDT+0.207%+0.0100%8h$44K$74K5xas long as short
Deribit ALGO_USDC-PERPETUAL+0.214%0.0000%1h$101K$55K25xas long as short
GMX ALGO/USD [WBTC.b-USDC]+0.225%L +0.0156% / S −0.0080%1h$5K100xas long as short
gTrade (Gains Network) ALGO/USD+0.269%L +0.0001% / S +0.0003%1h$7K150xas long as short
Hyperliquid ALGO+0.277%+0.0100%1h$3.7M$2.2M5xas long as short
Phemex ALGOUSDTshort+0.357%+0.0100%8h$3.9M$1.9M50x
Coinbase International ALGO-PERP-INTX+0.420%+0.0048%1h$61K$397K50xas long as short
Injective ALGO/USDC PERP+0.894%+0.0033%1h$841$115K12xas long as short