Funding you earn now, next payment 11:00 UTC+0.0310%/8h= +33.9% APRpaid last 24h +0.112%
Price spread now: MEXC against Deribit+0.028%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.050%+$105 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.028% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ALGO_USDC-PERPETUAL | 0.1086 | −0.0210 | get 0.0026% / 1h | 2m 17s | $86K | $41K | 25x |
| Short | MEXC ALGO_USDT | 0.1087 | 0.0100 | get 0.0100% / 8h | 5h 02m | $23.3M | $3.3M | 200x |
Deribit ALGO_USDC-PERPETUAL
MEXC ALGO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Deribit. 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
- $65.1
- Price spread: +0.028% → 0.000%
- $2.76
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $60.86
- Costs to cover
- 0.070%
- Break-even
- 0.5 days
Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 4 min ago | 3.23 bp | 6.9 bp −$7 | 15.4 bp −$154 | 460.5 bp −$46.1K | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALGO on 22 exchanges
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 | −0.0316% | 1h | 0.1088 | +0.109% | $795K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUALlong | −0.0210% | 1h | 0.1086 | long leg | $86K | $41K | 25x | |
| Bybit ALGOUSDT | −0.0180% | 8h | 0.1085 | −0.092% | $10.4M | $13.5M | 75x | as long as short |
| Variational Omni ALGO | −0.0008% | 8h | 0.1080 | −0.579% | $58K | $13K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1086 | 0.000% | $16K | — | 150x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0011% | 8h | 0.1086 | −0.046% | $2.6M | $7.8M | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +3.083% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0088% | 1h | 0.1093 | +0.580% | $62K | $173K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1088 | +0.156% | $3.3M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1087 | +0.047% | $43K | $38K | 5x | as long as short |
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
OKX ALGO-USDT-SWAP
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDTShow all 22 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ALGOUSDT | +0.0100% | 8h | 0.1087 | +0.025% | $9.2M | $33.8M | 75x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1086 | −0.064% | $827K | $896K | 50x | as long as short |
| MEXC ALGO_USDTshort | +0.0100% | 8h | 0.1087 | +0.028% | $23.3M | $3.3M | 200x | |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1087 | +0.064% | $3.3M | $1.3M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1086 | −0.046% | $5.3M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1086 | −0.028% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1086 | −0.064% | $56K | $121K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1089 | +0.230% | $3.7M | $1.7M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1087 | +0.008% | $5K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1084 | −0.258% | $469K | $838K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0314% / S −0.0264% | 1h | 0.1082 | −0.410% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1219% | 1h | 0.1086 | −0.017% | $157K | $5K | 5x | as long as short |
Binance ALGOUSDT
Gate ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD