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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against HTX+0.116%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$750.753% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 3 days (all we have)−0.249%−$25 · spread now +0.116%, 7d avg +0.053%
Together, before fees−0.349%−$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.063% dearer against HTX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ALGO-USDT0.11210.0100pay 0.0100% / 8h3h 32m$66K$109K75x
ShortMEXC ALGO_USDT0.11230.0100get 0.0100% / 8h3h 32m$22.7M$2.9M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against HTX. 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
Price spread: +0.116% → +0.053%
$6.34
Slippage, 4 orders
−$63.28
Fee HTX: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$68.94
Costs to cover
0.753%
Break-even
never at this rate
Slippage from HTX: live order book, 14 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 HTX live order book, 14 min ago8.55 bp51.7 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.45 bp3.2 bp −$321.0 bp −$210467.7 bp −$46.8Kdoesn'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−0.0373%1h0.1123+0.116%$102K$52K25xas long as short
Kraken Futures PF_ALGOUSD−0.0140%1h0.1123+0.178%$832K$1.2M50xas long as short
Injective ALGO/USDC PERP−0.0126%1h0.1114−0.642%$829$89K12xas long as short
Bybit ALGOUSDT−0.0071%8h0.1121+0.009%$11.4M$12.3M75xas long as short
Coinbase International ALGO-PERP-INTX−0.0064%1h0.1124+0.223%$62K$345K50xas long as short
Variational Omni ALGO−0.0019%8h0.1119−0.181%$65K$11Kas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1123+0.121%$7K150xas long as short
Hyperliquid ALGO+0.0100%1h0.1125+0.303%$3.7M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1122+0.102%$44K$34K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1122+0.116%$9.9M$35.1M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1122+0.054%$3.0M$7.9M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1123+0.161%$860K$799K50xas long as short
MEXC ALGO_USDTshort+0.0100%8h0.1123+0.116%$22.7M$2.9M200x
KuCoin ALGOUSDTM+0.0100%8h0.1123+0.152%$3.6M$1.6M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1123+0.161%$5.7M$3.6M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1122+0.080%$3.2Mas long as short
HTX ALGO-USDTlong+0.0100%8h0.1121long leg$66K$109K75x
Phemex ALGOUSDT+0.0100%8h0.1124+0.250%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1122+0.101%$7K$210K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1121−0.018%$482K$800K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0237% / S −0.0158%1h0.1122+0.096%$5K100xas long as short
dYdX ALGO-USD+0.1757%1h0.1124+0.209%$161K$5K5xas long as short