Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC+0.108%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$390.391% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days−0.162%−$16 · spread now +0.108%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.130% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALGO_USDT | 0.1114 | 0.0085 | pay 0.0085% / 8h | 7h 39m | $22.8M | $2.9M | 200x |
| Short | Bitget ALGOUSDT | 0.1115 | 0.0100 | get 0.0100% / 8h | 7h 39m | $5.6M | $3.5M | 75x |
MEXC ALGO_USDT
Bitget ALGOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- $3.15
- Price spread: +0.108% → −0.022%
- $12.99
- Slippage, 4 orders
- −$27.11
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$22.97
- Costs to cover
- 0.391%
- Break-even
- 58.0 days
Slippage from MEXC: live order book, 4 min ago; Bitget: 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 MEXC live order book, 4 min ago | 0.89 bp | 4.2 bp −$4 | 14.2 bp −$142 | 418.4 bp −$41.8K | doesn't fit |
| Sell Bitget live order book, 3 min ago | 8.96 bp | 15.4 bp −$15 | 32.8 bp −$328 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0568% | 1h | 0.1115 | +0.109% | $830K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0288% | 1h | 0.1114 | −0.009% | $101K | $50K | 25x | as long as short |
| Variational Omni ALGO | −0.0134% | 8h | 0.1113 | −0.047% | $61K | $11K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1114 | −0.009% | $67K | $275K | 50x | as long as short |
| Bybit ALGOUSDT | −0.0075% | 8h | 0.1114 | +0.027% | $11.2M | $11.8M | 75x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1114 | +0.043% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.557% | $834 | $233K | 12x | as long as short |
| MEXC ALGO_USDTlong | +0.0085% | 8h | 0.1114 | long leg | $22.8M | $2.9M | 200x | |
| Binance ALGOUSDT | +0.0086% | 8h | 0.1114 | +0.050% | $9.9M | $34.0M | 75x | as long as short |
| Extended ALGO-USD | +0.0088% | 1h | 0.1113 | −0.033% | $5K | $260K | 10x | as long as short |
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
Bybit ALGOUSDT
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Binance ALGOUSDT
Extended ALGO-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ALGO | +0.0100% | 1h | 0.1116 | +0.198% | $3.7M | $1.8M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1114 | +0.061% | $44K | $38K | 5x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1115 | +0.108% | $2.9M | $7.4M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1113 | −0.072% | $875K | $813K | 50x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1114 | −0.009% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDTshort | +0.0100% | 8h | 0.1115 | +0.108% | $5.6M | $3.5M | 75x | |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1114 | +0.054% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1114 | +0.009% | $66K | $104K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0162% | 8h | 0.1116 | +0.198% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0206% | 8h | 0.1115 | +0.108% | $490K | $768K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0351% | 1h | 0.1114 | +0.036% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1012% | 1h | 0.1114 | +0.028% | $160K | $3K | 5x | as long as short |
Hyperliquid ALGO
Aster ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
KuCoin ALGOUSDTM
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD