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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against MEXC0.000%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$820.815% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 4 days (all we have)+0.133%+$13 · spread now 0.000%, 7d avg −0.054%
Together, before fees+0.219%+$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.054% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ALGO_USDT0.11280.0100pay 0.0100% / 8h5h 07m$23.1M$3.0M200x
ShortHTX ALGO-USDT0.11280.0100get 0.0100% / 8h5h 07m$60K$140K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against MEXC. 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: 0.000% → −0.054%
$5.38
Slippage, 4 orders
−$69.52
Fee MEXC: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$76.14
Costs to cover
0.815%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; HTX: live order book, 53 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 MEXC live order book, 1 min ago1.33 bp4.5 bp −$415.6 bp −$156456.8 bp −$45.7Kdoesn't fit
Sell HTX live order book, 53 min ago12.11 bp42.1 bp −$42doesn't fitdoesn't fitdoesn'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
Deribit ALGO_USDC-PERPETUAL−0.0193%1h0.1129+0.027%$90K$44K25xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1129+0.035%$17K150xas long as short
Coinbase International ALGO-PERP-INTX+0.0032%1h0.1131+0.275%$70K$275K50xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120−0.736%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1131+0.204%$3.8M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1129+0.044%$45K$40K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1128−0.023%$9.9M$34.7M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1128−0.062%$11.8M$12.5M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1128−0.044%$2.9M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1127−0.097%$874K$902K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDTlong+0.0100%8h0.1128long leg$23.1M$3.0M200x
KuCoin ALGOUSDTM+0.0100%8h0.1129+0.080%$3.6M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1128−0.027%$5.6M$3.6M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1128−0.009%$3.3Mas long as short
Variational Omni ALGO+0.0100%8h0.1128−0.051%$62K$12Kas long as short
HTX ALGO-USDTshort+0.0100%8h0.11280.000%$60K$140K75x
Phemex ALGOUSDT+0.0100%8h0.1131+0.239%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1128−0.027%$4K$227K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1129+0.097%$494K$924K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0344% / S −0.0313%1h0.1128−0.001%$7K100xas long as short
Kraken Futures PF_ALGOUSD+0.0350%1h0.1129+0.027%$835K$1.0M50xas long as short
dYdX ALGO-USD+0.1923%1h0.1130+0.111%$163K$4K5xas long as short