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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.045%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.045%, 7d avg +0.037%
Together, before fees+0.018%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ALGO-USD0.11020.0104pay 0.0013% / 1h0m 10s$4K$195K10x
ShortMEXC ALGO_USDT0.11020.0100get 0.0100% / 8h3h 00m$22.9M$3.2M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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
−$0.84
Price spread: +0.045% → +0.037%
$0.73
Slippage, 4 orders
−$28.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 0 bp × 2 orders
$0
Net
−$33.4
Costs to cover
0.333%
Break-even
never at this rate
Slippage from Extended: live order book, 52 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 52 min ago1.35 bp13.5 bp −$13124.5 bp −$1,245doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.45 bp3.4 bp −$337.9 bp −$379506.4 bp −$50.6Kdoesn't fit

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
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1102+0.046%$16K150xas long as short
Deribit ALGO_USDC-PERPETUAL0.0000%1h0.1102+0.063%$87K$44K25xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+1.679%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1103+0.145%$3.6M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1102+0.065%$44K$37K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1102+0.041%$9.5M$34.5M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1101−0.082%$11.0M$12.5M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1102+0.027%$2.7M$7.7M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1100−0.173%$847K$911K50xas long as short
MEXC ALGO_USDTshort+0.0100%8h0.1102+0.045%$22.9M$3.2M200x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ALGOUSDTM+0.0100%8h0.1102+0.063%$3.5M$1.4M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1102+0.045%$5.4M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1101−0.037%$3.3Mas long as short
Variational Omni ALGO+0.0100%8h0.1101−0.077%$60K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1102+0.072%$59K$135K75xas long as short
Extended ALGO-USDlong+0.0104%1h0.1102long leg$4K$195K10x
Phemex ALGOUSDT+0.0110%8h0.1105+0.317%$3.7M$1.8M50xas long as short
Kraken Futures PF_ALGOUSD+0.0132%1h0.1103+0.096%$826K$1.1M50xas long as short
Coinbase International ALGO-PERP-INTX+0.0168%1h0.1105+0.353%$64K$285K50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1103+0.090%$477K$875K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0318% / S −0.0264%1h0.1102+0.064%$6K100xas long as short
dYdX ALGO-USD+0.1374%1h0.1102+0.035%$159K$4K5xas long as short