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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Aster+0.115%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.115% dearer against Aster than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALGOUSDT0.11180.0100pay 0.0100% / 8h2h 32m$44K$31K5x
ShortMEXC ALGO_USDT0.11190.0100get 0.0100% / 8h2h 32m$23.1M$2.9M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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
$0
Price spread: +0.115% → 0.000%
$11.52
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
$3.52
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; MEXC: live order book, 1 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 Aster no order-book sample
Sell MEXC live order book, 1 min ago0.45 bp3.8 bp −$436.2 bp −$362560.9 bp −$56.1Kdoesn't fit
Aster: 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−0.0643%1h0.1118+0.035%$101K$50K25xas long as short
Injective ALGO/USDC PERP−0.0212%1h0.1115−0.252%$830$175K12xas long as short
Bybit ALGOUSDT−0.0129%8h0.1117−0.037%$11.2M$12.2M75xas long as short
Variational Omni ALGO−0.0087%8h0.1113−0.452%$65K$10Kas long as short
Coinbase International ALGO-PERP-INTX−0.0064%1h0.1121+0.267%$62K$331K50xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1118+0.059%$6K150xas long as short
Kraken Futures PF_ALGOUSD+0.0093%1h0.1119+0.084%$839K$1.2M50xas long as short
Hyperliquid ALGO+0.0100%1h0.1120+0.187%$3.7M$1.9M5xas long as short
Aster ALGOUSDTlong+0.0100%8h0.1118long leg$44K$31K5x
Binance ALGOUSDT+0.0100%8h0.1118+0.035%$9.9M$34.9M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1118+0.017%$3.0M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1117−0.055%$880K$818K50xas long as short
MEXC ALGO_USDTshort+0.0100%8h0.1119+0.115%$23.1M$2.9M200x
KuCoin ALGOUSDTM+0.0100%8h0.1119+0.061%$3.6M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1119+0.106%$5.7M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1118−0.001%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1117−0.037%$66K$109K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1120+0.196%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1118+0.022%$7K$210K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1117−0.055%$492K$793K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0237% / S −0.0158%1h0.1119+0.073%$5K100xas long as short
dYdX ALGO-USD+0.1301%1h0.1117−0.040%$160K$5K5xas long as short