Funding you earn now, next payment 22:00 UTC+0.0739%/8h= +80.9% APRpaid last 24h +0.130%
Price spread now: MEXC against Deribit−0.142%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs+$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days+1.127%+$113 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now −0.142%, 7d avg +0.024%
=Funding pays, the price is against you. MEXC is 0.166% cheaper against Deribit than usual: you would sell low and buy high (spread −0.142% now, against its 7-day average of +0.024%). If the spread goes back, that is −$17 on $10k: about 18 hours of funding at the current rate (+$22 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ALGO_USDC-PERPETUAL | 0.1123 | −0.0639 | get 0.0080% / 1h | 20m 39s | $102K | $50K | 25x |
| Short | MEXC ALGO_USDT | 0.1122 | 0.0100 | get 0.0100% / 8h | 2h 20m | $23.1M | $3.0M | 200x |
Deribit ALGO_USDC-PERPETUAL
MEXC ALGO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $155.19
- Price spread: −0.142% → +0.024%
- −$16.62
- Slippage, 4 orders
- −$30.38
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $101.2
- Costs to cover
- 0.374%
- Break-even
- 2.4 days
Slippage from Deribit: live order book, 3 min ago; MEXC: live order book, 3 min ago.
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 Deribit live order book, 3 min ago | 7.57 bp | 16.4 bp −$16 | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.45 bp | 5.1 bp −$5 | 12.8 bp −$128 | 386.6 bp −$38.7K | doesn't fit |
ALGO on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUALlong | −0.0639% | 1h | 0.1123 | long leg | $102K | $50K | 25x | |
| Injective ALGO/USDC PERP | −0.0212% | 1h | 0.1115 | −0.748% | $830 | $175K | 12x | as long as short |
| Bybit ALGOUSDT | −0.0128% | 8h | 0.1121 | −0.249% | $11.3M | $12.2M | 75x | as long as short |
| Variational Omni ALGO | −0.0087% | 8h | 0.1123 | −0.048% | $65K | $10K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0064% | 1h | 0.1124 | +0.071% | $62K | $332K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1124 | +0.083% | $6K | — | 150x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0092% | 1h | 0.1124 | +0.039% | $843K | $1.2M | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1124 | +0.009% | $3.8M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1122 | −0.119% | $44K | $31K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1121 | −0.214% | $9.9M | $34.8M | 75x | as long as short |
Injective ALGO/USDC PERP
Bybit ALGOUSDT
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Kraken Futures PF_ALGOUSD
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1121 | −0.214% | $3.0M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1123 | −0.062% | $860K | $840K | 50x | as long as short |
| MEXC ALGO_USDTshort | +0.0100% | 8h | 0.1122 | −0.142% | $23.1M | $3.0M | 200x | |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1122 | −0.089% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1122 | −0.125% | $5.7M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1122 | −0.160% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1124 | +0.009% | $66K | $109K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1125 | +0.142% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1121 | −0.200% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1124 | +0.009% | $491K | $798K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0238% / S −0.0158% | 1h | 0.1124 | +0.036% | $5K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1355% | 1h | 0.1124 | +0.032% | $161K | $5K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD