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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.1458%/8h= +159.6% APRpaid last 24h +0.570%
Price spread now: dYdX against Variational Omni+0.099%53s7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$44 a day on $10k at the current rate, and dYdX is 0.099% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ALGO0.1119−0.0119get 0.0119% / 8h7h 27m$62K$11K
ShortdYdX ALGO-USD0.11200.1338get 0.0167% / 1h27m 46s$161K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Variational Omni. 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
$306.1
Price spread: +0.099% → 0.000%
$9.92
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
$306.02
Costs to cover
0.100%
Break-even
0.0 days
Slippage unknown: Variational Omni: no order-book sample; dYdX: live order book, 46 min ago. 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 Variational Omni no order-book sample
Sell dYdX live order book, 46 min ago54.84 bp317.6 bp −$318330.4 bp −$3,304335.7 bp −$33.6K1086.0 bp −$543.0K
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
Kraken Futures PF_ALGOUSD−0.0565%1h0.1120+0.063%$833K$1.1M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0197%1h0.1119−0.016%$101K$50K25xas long as short
Variational Omni ALGOlong−0.0119%8h0.1119long leg$62K$11K
Coinbase International ALGO-PERP-INTX−0.0104%1h0.1120+0.038%$67K$255K50xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1120+0.027%$6K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.056%$834$233K12xas long as short
MEXC ALGO_USDT+0.0093%8h0.1119−0.034%$23.0M$3.0M200xas long as short
Binance ALGOUSDT+0.0095%8h0.1119−0.025%$9.9M$34.2M75xas long as short
Extended ALGO-USD+0.0096%1h0.1120+0.013%$4K$228K10xas long as short
Hyperliquid ALGO+0.0100%1h0.1121+0.127%$3.7M$1.8M5xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ALGOUSDT+0.0100%8h0.1121+0.119%$44K$38K5xas long as short
Bybit ALGOUSDT+0.0100%8h0.1118−0.087%$11.3M$11.8M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1119−0.069%$2.9M$7.4M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1120+0.065%$879K$818K50xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1120+0.091%$3.6M$1.4M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1119−0.034%$5.6M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1119−0.034%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1120+0.074%$68K$110K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1122+0.234%$3.8M$1.8M50xas long as short
BloFin ALGO-USDT+0.0214%8h0.1120+0.038%$489K$769K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0342% / S −0.0351%1h0.1119−0.037%$7K100xas long as short
dYdX ALGO-USDshort+0.1338%1h0.1120+0.099%$161K$3K5x