data as of
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Price arb /

ALGO

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$78
spread now−0.199%7d average−0.168%fees + slippage, in and out−$75spread needed0.749%
Long on PhemexShort on Extended
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ALGOUSDT0.11050.0100pay 0.0100% / 8h6h 06m$3.8M$1.8M50x
ShortExtended ALGO-USD0.11030.0104get 0.0013% / 1h6m 13s$7K$210K10x

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
−$19.91
Funding while held
$0.12
Slippage, 4 orders
−$57.89
Fee Phemex: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$94.68
Spread needed to break even
0.749%
Slippage from Phemex: live order book, 4 min ago; Extended: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0004%
Per $10,000 a day
+$0.12
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 Phemex live order book, 4 min ago4.51 bp20.6 bp −$2157.1 bp −$571doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.86 bp13.7 bp −$14152.2 bp −$1,522doesn't fitdoesn't fit

ALGO price on every exchange

against the cheapest. Click to use as the short leg.
Bybit0.1101cheapestOKX0.1101+0.055%Binance0.1102+0.127%Deribit0.1102+0.127%Gate0.1103+0.154%BingX0.1103+0.154%Kraken Futures0.1103+0.156%KuCoin0.1103+0.182%
Extended0.1103+0.182%
MEXC0.1103+0.209%Aster0.1103+0.223%HTX0.1103+0.227%GMX0.1104+0.247%gTrade (Gains Network)0.1104+0.263%BloFin0.1104+0.263%Bitget0.1104+0.291%Hyperliquid0.1104+0.300%dYdX0.1105+0.377%
Phemex0.1105+0.382%
Variational Omni0.1106+0.458%Coinbase International0.1108+0.654%Injective0.1129+2.562%

ALGO on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit ALGOUSDT−0.380%−0.0066%8h$11.1M$12.6M75xas long as short
OKX ALGO-USDT-SWAP−0.326%+0.0100%8h$2.9M$8.3M50xas long as short
Binance ALGOUSDT−0.253%+0.0100%8h$9.8M$36.2M75xas long as short
Deribit ALGO_USDC-PERPETUAL−0.253%−0.0475%1h$100K$55K25xas long as short
Gate ALGO_USDT−0.226%+0.0100%8h$839K$930K50xas long as short
BingX ALGO-USDT−0.226%+0.0100%8h—$3.1M—as long as short
Kraken Futures PF_ALGOUSD−0.224%−0.0195%1h$816K$1.3M50xas long as short
KuCoin ALGOUSDTM−0.199%+0.0100%8h$3.5M$1.7M50xas long as short
Extended ALGO-USDshort−0.199%+0.0104%1h$7K$210K10x
MEXC ALGO_USDT−0.172%+0.0100%8h$21.9M$3.3M200xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster ALGOUSDT−0.158%+0.0100%8h$43K$73K5xas long as short
HTX ALGO-USDT−0.154%+0.0100%8h$66K$113K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]−0.134%L +0.0155% / S −0.0079%1h$5K—100xas long as short
gTrade (Gains Network) ALGO/USD−0.118%L +0.0001% / S +0.0003%1h$7K—150xas long as short
BloFin ALGO-USDT−0.118%+0.0220%8h$494K$786K75xas long as short
Bitget ALGOUSDT−0.090%+0.0100%8h$5.6M$3.8M75xas long as short
Hyperliquid ALGO−0.081%+0.0100%1h$3.6M$2.0M5xas long as short
dYdX ALGO-USD−0.005%+0.2856%1h$158K$6K5xas long as short
Phemex ALGOUSDTlong0.000%+0.0100%8h$3.8M$1.8M50x
Variational Omni ALGO+0.076%+0.0056%8h$64K$13K—as long as short
Coinbase International ALGO-PERP-INTX+0.271%+0.0048%1h$63K$363K50xas long as short
Injective ALGO/USDC PERP+2.172%+0.0033%1h$841$115K12xas long as short