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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.031%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.359% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.031%, 7d avg +0.038%
Together, before fees+0.043%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ALGO-USD0.11280.0104pay 0.0013% / 1h26m 18s$4K$230K10x
ShortMEXC ALGO_USDT0.11280.0100get 0.0100% / 8h5h 26m$23.1M$3.0M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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
−$0.84
Price spread: +0.031% → +0.038%
−$0.69
Slippage, 4 orders
−$30.92
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 0 bp × 2 orders
$0
Net
−$37.44
Costs to cover
0.359%
Break-even
never at this rate
Slippage from Extended: live order book, 36 min ago; MEXC: live order book, 2 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 Extended live order book, 36 min ago0.76 bp13.8 bp −$14136.1 bp −$1,361doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.10 bp4.0 bp −$435.1 bp −$351522.3 bp −$52.2Kdoesn'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−0.0105%1h0.1128+0.005%$90K$44K25xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1128+0.032%$17K150xas long as short
Coinbase International ALGO-PERP-INTX+0.0032%1h0.1131+0.315%$70K$275K50xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120−0.696%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1130+0.182%$3.8M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1127−0.082%$45K$40K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1128+0.035%$9.9M$34.6M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1128−0.031%$11.8M$12.4M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1128−0.022%$2.9M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1128−0.013%$884K$871K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDTshort+0.0100%8h0.1128+0.031%$23.1M$3.0M200x
KuCoin ALGOUSDTM+0.0100%8h0.1128+0.040%$3.6M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1128+0.013%$5.6M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1128−0.013%$3.3Mas long as short
Variational Omni ALGO+0.0100%8h0.1132+0.374%$62K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1127−0.066%$60K$140K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1131+0.279%$3.8M$1.8M50xas long as short
Extended ALGO-USDlong+0.0104%1h0.1128long leg$4K$230K10x
BloFin ALGO-USDT+0.0220%8h0.1128−0.031%$490K$917K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0344% / S −0.0313%1h0.1128+0.028%$7K100xas long as short
Kraken Futures PF_ALGOUSD+0.0350%1h0.1128+0.024%$835K$1.1M50xas long as short
dYdX ALGO-USD+0.2290%1h0.1128+0.016%$163K$4K5xas long as short