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: OKX against MEXC−0.009%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.009%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.031% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALGO_USDT | 0.1101 | 0.0100 | pay 0.0100% / 8h | 2h 51m | $22.9M | $3.1M | 200x |
| Short | OKX ALGO-USDT-SWAP | 0.1101 | 0.0100 | get 0.0100% / 8h | 2h 51m | $2.7M | $7.7M | 50x |
MEXC ALGO_USDT
OKX ALGO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.009% → −0.040%
- $3.07
- Slippage, 4 orders
- −$31.23
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$38.15
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 0.45 bp | 2.9 bp −$3 | 11.2 bp −$112 | 370.6 bp −$37.1K | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.91 bp | 13.9 bp −$14 | 66.2 bp −$662 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1102 | +0.036% | $16K | — | 150x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | 0.0000% | 1h | 0.1101 | 0.000% | $87K | $44K | 25x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.707% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1102 | +0.064% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1102 | +0.036% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1101 | −0.006% | $9.5M | $34.5M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1100 | −0.100% | $11.0M | $12.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAPshort | +0.0100% | 8h | 0.1101 | −0.009% | $2.7M | $7.7M | 50x | |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1099 | −0.218% | $846K | $903K | 50x | as long as short |
| MEXC ALGO_USDTlong | +0.0100% | 8h | 0.1101 | long leg | $22.9M | $3.1M | 200x |
gTrade (Gains Network) ALGO/USD
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
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 | 0.1101 | −0.027% | $3.4M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1101 | −0.018% | $5.4M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1101 | −0.045% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1100 | −0.072% | $60K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1101 | −0.018% | $59K | $135K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1101 | −0.033% | $4K | $195K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0112% | 1h | 0.1102 | +0.107% | $826K | $1.1M | 50x | as long as short |
| Phemex ALGOUSDT | +0.0125% | 8h | 0.1104 | +0.254% | $3.7M | $1.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1102 | +0.082% | $64K | $285K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1100 | −0.109% | $478K | $867K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0317% / S −0.0264% | 1h | 0.1101 | −0.017% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.2224% | 1h | 0.1102 | +0.073% | $159K | $4K | 5x | as long as short |
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]
dYdX ALGO-USD