After costs, if the gap returns to its 7d average, $10k−$109
spread now−0.362%7d average−0.159%fees + slippage, in and out−$88spread needed0.884%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ALGOUSDT | 0.1133 | 0.0100 | pay 0.0100% / 8h | 41m 32s | $3.9M | $2.0M | 50x |
| Short | BingX ALGO-USDT | 0.1129 | 0.0100 | get 0.0100% / 8h | 41m 32s | — | $3.3M | — |
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
- −$36.19
- Funding while held
- $0
- Slippage, 4 orders
- −$66.43
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$124.61
- Spread needed to break even
- 0.884%
Slippage from Phemex: live order book, 4 min ago; BingX: live order book, 15 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 Phemex live order book, 4 min ago | 8.78 bp | 32.1 bp −$32 | 73.6 bp −$736 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 3.52 bp | 12.3 bp −$12 | 29.5 bp −$295 | 128.7 bp −$12.9K | 669.0 bp −$334.5K |
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 | −0.477% | +0.0100% | 8h | $11.7M | $13.1M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | −0.415% | +0.0100% | 8h | $3.0M | $9.9M | 50x | as long as short |
| BingX ALGO-USDTshort | −0.362% | +0.0100% | 8h | — | $3.3M | — | |
| Bitget ALGOUSDT | −0.353% | +0.0100% | 8h | $5.6M | $4.2M | 75x | as long as short |
| Injective ALGO/USDC PERP | −0.353% | +0.0166% | 1h | $841 | $151K | 12x | as long as short |
| Gate ALGO_USDT | −0.335% | +0.0100% | 8h | $854K | $1.0M | 50x | as long as short |
| Extended ALGO-USD | −0.316% | +0.0104% | 1h | $13K | $224K | 10x | as long as short |
| Binance ALGOUSDT | −0.296% | +0.0100% | 8h | $10.4M | $39.1M | 75x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.291% | −0.0546% | 1h | $102K | $57K | 25x | as long as short |
| MEXC ALGO_USDT | −0.265% | +0.0100% | 8h | $22.5M | $4.0M | 200x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ALGOUSDT | −0.252% | +0.0100% | 8h | $43K | $87K | 5x | as long as short |
| KuCoin ALGOUSDTM | −0.247% | +0.0100% | 8h | $3.7M | $1.8M | 50x | as long as short |
| dYdX ALGO-USD | −0.220% | +0.0271% | 1h | $162K | $6K | 5x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | −0.218% | L +0.0238% / S −0.0167% | 1h | $5K | — | 100x | as long as short |
| gTrade (Gains Network) ALGO/USD | −0.203% | L +0.0001% / S +0.0003% | 1h | $7K | — | 150x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.171% | −0.0780% | 1h | $855K | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | −0.141% | +0.0220% | 8h | $522K | $710K | 75x | as long as short |
| HTX ALGO-USDT | −0.132% | +0.0100% | 8h | $67K | $117K | 75x | as long as short |
| Hyperliquid ALGO | −0.102% | +0.0100% | 1h | $3.7M | $2.7M | 5x | as long as short |
| Phemex ALGOUSDTlong | 0.000% | +0.0100% | 8h | $3.9M | $2.0M | 50x | |
| Variational Omni ALGO | +0.443% | +0.0100% | 8h | $66K | $197K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.759% | +0.0048% | 1h | $69K | $450K | 50x | as long as short |
Phemex ALGOUSDT
BingX ALGO-USDT
Bybit
OKX
Bitget
Injective
Gate
Extended
Binance
Deribit
MEXC
Aster
KuCoin
GMX
gTrade (Gains Network)
Kraken Futures
BloFin
HTX
Hyperliquid
Variational Omni
Coinbase International