ALGO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC+0.018%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1141.144% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 7 days−0.029%−$3 · spread now +0.018%, 7d avg +0.020%

Together, before fees−0.118%−$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ALGO_USDT	0.1121	0.0093	pay 0.0093% / 8h	7h 28m	$23.0M	$3.0M	200x
Short	KuCoin ALGOUSDTM	0.1121	0.0100	get 0.0100% / 8h	7h 28m	$3.6M	$1.4M	50x

Funding history

latest

Range statsloading…

KuCoin against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now +0.018%Rate

Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 4 min ago.

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, 5 min ago	0.45 bp	4.1 bp −$4	13.2 bp −$132	393.9 bp −$39.4K	doesn't fit
Sell KuCoin live order book, 4 min ago	4.46 bp	44.9 bp −$45	203.9 bp −$2,039	doesn't fit	doesn't fit

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	−0.0565%	1h	0.1121	+0.064%	$834K	$1.1M	50x	as long as short
Variational Omni ALGO	−0.0119%	8h	0.1119	−0.109%	$62K	$11K	—	as long as short
Coinbase International ALGO-PERP-INTX	−0.0104%	1h	0.1117	−0.286%	$67K	$271K	50x	as long as short
Deribit ALGO_USDC-PERPETUAL	0.0000%	1h	0.1121	+0.036%	$102K	$50K	25x	as long as short
gTrade (Gains Network) ALGO/USD	L +0.0001% / S +0.0003%	1h	0.1121	+0.018%	$6K	—	150x	as long as short
Injective ALGO/USDC PERP	+0.0033%	1h	0.1120	−0.054%	$834	$233K	12x	as long as short
MEXC ALGO_USDTlong	+0.0093%	8h	0.1121	long leg	$23.0M	$3.0M	200x
Binance ALGOUSDT	+0.0095%	8h	0.1121	+0.018%	$9.9M	$34.1M	75x	as long as short
Extended ALGO-USD	+0.0096%	1h	0.1121	+0.004%	$4K	$228K	10x	as long as short
Hyperliquid ALGO	+0.0100%	1h	0.1123	+0.170%	$3.7M	$1.8M	5x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ALGOUSDT	+0.0100%	8h	0.1121	+0.038%	$44K	$38K	5x	as long as short
Bybit ALGOUSDT	+0.0100%	8h	0.1120	−0.054%	$11.3M	$11.8M	75x	as long as short
OKX ALGO-USDT-SWAP	+0.0100%	8h	0.1120	−0.009%	$2.9M	$7.5M	50x	as long as short
Gate ALGO_USDT	+0.0100%	8h	0.1121	0.000%	$880K	$818K	50x	as long as short
KuCoin ALGOUSDTMshort	+0.0100%	8h	0.1121	+0.018%	$3.6M	$1.4M	50x
Bitget ALGOUSDT	+0.0100%	8h	0.1121	+0.036%	$5.6M	$3.5M	75x	as long as short
BingX ALGO-USDT	+0.0100%	8h	0.1120	−0.036%	—	$3.3M	—	as long as short
HTX ALGO-USDT	+0.0100%	8h	0.1119	−0.098%	$68K	$110K	75x	as long as short
Phemex ALGOUSDT	+0.0100%	8h	0.1122	+0.125%	$3.8M	$1.7M	50x	as long as short
BloFin ALGO-USDT	+0.0214%	8h	0.1120	−0.071%	$489K	$769K	75x	as long as short
GMX ALGO/USD [WBTC.b-USDC]	L +0.0342% / S −0.0351%	1h	0.1121	+0.055%	$7K	—	100x	as long as short
dYdX ALGO-USD	+0.1338%	1h	0.1120	−0.010%	$161K	$3K	5x	as long as short