data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

ALGO

all ALGO markets
SwapFunding view
Alert
My alerts

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.

Spread before costs (cost unknown: a leg has no order-book sample)−0.104%
7d average+0.011%if it closes, per $10,000$10funding while held, a day−$4.16
Long on Variational OmniShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ALGO0.11170.0100pay 0.0100% / 8h7h 22m$65K$194K—
ShortBybit ALGOUSDT0.1115−0.0039pay 0.0039% / 8h7h 22m$11.4M$13.1M75x

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
−$10.45
Funding while held
−$4.16
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$25.61
Spread needed to break even
0.110%
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Bybit: live order book, 3 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0139%
Per $10,000 a day
−$4.16
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 Variational Omni RFQ quote, 23 min ago4.47 bpdoesn't fit49.2 bp −$492doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.45 bp14.5 bp −$1544.0 bp −$440doesn't fitdoesn't fit

ALGO price on every exchange

against the cheapest. Click to use as the short leg.
Bybit0.1115cheapest
KuCoin0.1116+0.045%BloFin0.1116+0.054%OKX0.1116+0.081%
Variational Omni0.1117+0.105%
Coinbase International0.1117+0.108%dYdX0.1117+0.122%MEXC0.1117+0.134%Aster0.1117+0.143%Binance0.1117+0.161%BingX0.1117+0.161%HTX0.1117+0.161%Gate0.1118+0.179%Deribit0.1118+0.197%Extended0.1118+0.200%Bitget0.1118+0.224%Kraken Futures0.1118+0.232%GMX0.1118+0.233%Hyperliquid0.1118+0.234%gTrade (Gains Network)0.1118+0.246%Phemex0.1119+0.314%Injective0.1129+1.210%

ALGO on 22 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit ALGOUSDTshort−0.104%−0.0039%8h$11.4M$13.1M75x
KuCoin ALGOUSDTM−0.060%+0.0100%8h$3.6M$1.8M50xas long as short
BloFin ALGO-USDT−0.051%+0.0220%8h$511K$775K75xas long as short
OKX ALGO-USDT-SWAP−0.024%+0.0100%8h$3.0M$8.9M50xas long as short
Variational Omni ALGOlong0.000%+0.0100%8h$65K$194K—
Coinbase International ALGO-PERP-INTX+0.003%+0.0064%1h$61K$400K50xas long as short
dYdX ALGO-USD+0.017%+0.0995%1h$160K$6K5xas long as short
MEXC ALGO_USDT+0.030%+0.0100%8h$22.2M$3.4M200xas long as short
Aster ALGOUSDT+0.039%+0.0100%8h$44K$80K5xas long as short
Binance ALGOUSDT+0.057%+0.0100%8h$10.4M$36.9M75xas long as short
Show all 22 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX ALGO-USDT+0.057%+0.0100%8h—$3.1M—as long as short
HTX ALGO-USDT+0.057%+0.0100%8h$66K$111K75xas long as short
Gate ALGO_USDT+0.075%+0.0100%8h$845K$937K50xas long as short
Deribit ALGO_USDC-PERPETUAL+0.093%−0.0108%1h$101K$55K25xas long as short
Extended ALGO-USD+0.095%+0.0104%1h$6K$207K10xas long as short
Bitget ALGOUSDT+0.119%+0.0100%8h$5.6M$3.9M75xas long as short
Kraken Futures PF_ALGOUSD+0.127%−0.0507%1h$839K$1.7M50xas long as short
GMX ALGO/USD [WBTC.b-USDC]+0.128%L +0.0157% / S −0.0080%1h$5K—100xas long as short
Hyperliquid ALGO+0.129%+0.0100%1h$3.6M$2.3M5xas long as short
gTrade (Gains Network) ALGO/USD+0.141%L +0.0001% / S +0.0003%1h$7K—150xas long as short
Phemex ALGOUSDT+0.209%+0.0300%8h$3.8M$1.9M50xas long as short
Injective ALGO/USDC PERP+1.104%+0.0033%1h$841$115K12xas long as short