data as of
Settings8H · net · $10k
Funding arb /

ALGO

all ALGO markets
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Funding spread now, next payment 17:00 UTC−0.0205%/8h
paid, last 24h−0.137%paid, last 7 days−1.160%to open and close $10k−$38
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ALGO_USDT0.11250.0100pay 0.0100% / 8h7h 41m$22.4M$3.4M200x
ShortDeribit ALGO_USDC-PERPETUAL0.1126−0.0105pay 0.0013% / 1h41m 01s$102K$55K25x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$43.05
Slippage, 4 orders
−$31.3
Fee MEXC: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$81.35
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Deribit: live order book, 24 min ago.

Price risk

price view
Price gap now
+0.036%
Avg gap 7d
−0.021%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago1.34 bp6.1 bp −$626.1 bp −$261454.8 bp −$45.5Kdoesn't fit
Sell Deribit live order book, 24 min ago7.12 bp13.3 bp −$1324.8 bp −$248doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0503%1h$847K$1.8M50xas long as short
Deribit ALGO_USDC-PERPETUALshort−0.0105%1h$102K$55K25x
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Bybit ALGOUSDT+0.0007%8h$11.4M$13.4M75xas long as short
Injective ALGO/USDC PERP+0.0033%1h$841$115K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0064%1h$61K$434K50xas long as short
Hyperliquid ALGO+0.0100%1h$3.6M$2.6M5xas long as short
Aster ALGOUSDT+0.0100%8h$42K$80K5xas long as short
Binance ALGOUSDT+0.0100%8h$10.4M$38.0M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$9.4M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h$850K$933K50xas long as short
MEXC ALGO_USDTlong+0.0100%8h$22.4M$3.4M200x
KuCoin ALGOUSDTM+0.0100%8h$3.6M$1.8M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.7M$4.1M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.2Mas long as short
Variational Omni ALGO+0.0100%8h$65K$195Kas long as short
HTX ALGO-USDT+0.0100%8h$67K$115K75xas long as short
Extended ALGO-USD+0.0104%1h$7K$207K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0157% / S −0.0081%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$512K$797K75xas long as short
Phemex ALGOUSDT+0.0441%8h$3.9M$1.9M50xas long as short
dYdX ALGO-USD+0.0735%1h$162K$6K5xas long as short