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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.030%
Price spread now: MEXC against gTrade (Gains Network)−0.009%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ALGO/USD0.1090L −0.0001% / S +0.0003%get 0.0000% / 1h43m 17s$16K150x
ShortMEXC ALGO_USDT0.10890.0100get 0.0100% / 8h4h 43m$23.4M$3.2M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against gTrade (Gains Network). 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
$21.19
Price spread: −0.009% → 0.000%
−$0.92
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
$10.27
Costs to cover
0.100%
Break-even
3.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; MEXC: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell MEXC live order book, 3 min ago0.92 bp7.4 bp −$779.7 bp −$797501.0 bp −$50.1Kdoesn't fit
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0508%1h0.1090+0.022%$788K$1.1M50xas long as short
Bybit ALGOUSDT−0.0134%8h0.1089−0.073%$10.4M$13.5M75xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0117%1h0.1090+0.018%$86K$41K25xas long as short
Variational Omni ALGO−0.0006%8h0.1083−0.636%$58K$13Kas long as short
gTrade (Gains Network) ALGO/USDlongL −0.0001% / S +0.0003%1h0.1090long leg$16K150x
OKX ALGO-USDT-SWAP+0.0013%8h0.1090+0.018%$2.6M$7.8M50xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+2.799%$834$233K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0088%1h0.1088−0.119%$64K$177K50xas long as short
Hyperliquid ALGO+0.0100%1h0.1091+0.110%$3.3M$2.3M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1088−0.098%$43K$38K5xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ALGOUSDT+0.0100%8h0.1089−0.001%$9.2M$33.7M75xas long as short
Gate ALGO_USDT+0.0100%8h0.1088−0.174%$825K$874K50xas long as short
MEXC ALGO_USDTshort+0.0100%8h0.1089−0.009%$23.4M$3.2M200x
KuCoin ALGOUSDTM+0.0100%8h0.10900.000%$3.3M$1.3M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1089−0.046%$5.3M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1089−0.092%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1090+0.018%$57K$121K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1090+0.046%$3.7M$1.7M50xas long as short
Extended ALGO-USD+0.0104%1h0.1089−0.060%$8K$307K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1090+0.009%$469K$845K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0315% / S −0.0264%1h0.1090+0.024%$6K100xas long as short
dYdX ALGO-USD+0.2241%1h0.1089−0.036%$158K$4K5xas long as short