Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0118%/8h= −13.0% APRnext payment $1.18 per $10,000 · paid last 24h −0.023%
Price spread now: Variational Omni against OKX−0.025%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.025% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ALGO-USDT-SWAP0.11090.0100pay 0.0100% / 8h6h 41m$2.9M$7.6M50x
ShortVariational Omni ALGO0.1108−0.0018pay 0.0018% / 8h6h 41m$61K$12K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$24.88
Price spread: −0.025% → 0.000%
−$2.45
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$37.33
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 2 min ago1.80 bp13.8 bp −$1455.9 bp −$559doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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 on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ALGO_USDC-PERPETUAL−0.0111%1h0.1109+0.018%$100K$49K25xas long as short
Coinbase International ALGO-PERP-INTX−0.0064%1h0.1113+0.370%$71K$288K50xas long as short
Variational Omni ALGOshort−0.0018%8h0.1108−0.025%$61K$12K
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1110+0.095%$6K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+1.019%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1111+0.171%$3.6M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1110+0.112%$44K$38K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1109+0.048%$9.8M$34.9M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1109+0.009%$11.4M$12.3M75xas long as short
OKX ALGO-USDT-SWAPlong+0.0100%8h0.1109long leg$2.9M$7.6M50x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h0.1110+0.090%$869K$848K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1110+0.081%$22.8M$3.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1109+0.018%$3.5M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1109+0.027%$5.5M$3.6M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1109+0.036%$3.4Mas long as short
HTX ALGO-USDT+0.0100%8h0.1110+0.135%$60K$143K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1111+0.207%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1109+0.029%$8K$229K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1117+0.722%$489K$801K75xas long as short
Kraken Futures PF_ALGOUSD+0.0264%1h0.1109+0.055%$823K$1.1M50xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0342% / S −0.0313%1h0.1109+0.055%$7K100xas long as short
dYdX ALGO-USD+0.1479%1h0.1109+0.029%$160K$4K5xas long as short