Funding you earn now, next payment 06:00 UTC+0.2060%/8h= +225.6% APRpaid last 24h +0.536%
Price spread now: dYdX against MEXC+0.205%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2212.207% of the position
Funding, last 7 days+1.604%+$160 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.205%, 7d avg +0.020%
=Both sides work for this trade now. Funding pays +$62 a day on $10k at the current rate, and dYdX is 0.184% dearer against MEXC than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALGO_USDT | 0.1093 | 0.0100 | pay 0.0100% / 8h | 2h 34m | $22.8M | $3.2M | 200x |
| Short | dYdX ALGO-USD | 0.1095 | 0.2160 | get 0.0270% / 1h | 34m 19s | $158K | $5K | 5x |
MEXC ALGO_USDT
dYdX ALGO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $432.63
- Price spread: +0.205% → +0.020%
- $18.43
- Slippage, 4 orders
- −$210.74
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $230.31
- Costs to cover
- 2.207%
- Break-even
- 3.3 days
Slippage from MEXC: live order book, 4 min ago; dYdX: live order book, 15 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 | 0.46 bp | 3.6 bp −$4 | 22.5 bp −$225 | 451.5 bp −$45.1K | doesn't fit |
| Sell dYdX live order book, 15 min ago | 92.80 bp | 113.5 bp −$113 | 256.1 bp −$2,561 | 311.4 bp −$31.1K | 1278.7 bp −$639.4K |
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-PERPETUAL | −0.0391% | 1h | 0.1092 | −0.092% | $86K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1093 | +0.013% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +2.508% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1094 | +0.128% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1094 | +0.087% | $43K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1092 | −0.036% | $9.4M | $34.8M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1091 | −0.101% | $10.9M | $12.6M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1092 | −0.073% | $2.7M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1093 | +0.073% | $836K | $925K | 50x | as long as short |
| MEXC ALGO_USDTlong | +0.0100% | 8h | 0.1093 | long leg | $22.8M | $3.2M | 200x |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1093 | +0.009% | $3.4M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1092 | −0.055% | $5.4M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1093 | +0.055% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1094 | +0.145% | $60K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1098 | +0.522% | $59K | $135K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1093 | +0.047% | $4K | $195K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0113% | 1h | 0.1099 | +0.559% | $827K | $1.1M | 50x | as long as short |
| Phemex ALGOUSDT | +0.0136% | 8h | 0.1100 | +0.677% | $3.7M | $1.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1106 | +1.226% | $63K | $287K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1098 | +0.448% | $475K | $870K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0317% / S −0.0264% | 1h | 0.1092 | −0.080% | $6K | — | 100x | as long as short |
| dYdX ALGO-USDshort | +0.2160% | 1h | 0.1095 | +0.205% | $158K | $5K | 5x |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
Phemex ALGOUSDT
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]