Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.009%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.009%, 7d avg −0.038%
=Together, before fees−0.077%+ Points / potential airdropExtended: Active · farm board−$8 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: Extended is 0.028% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALGO_USDT | 0.1112 | 0.0100 | pay 0.0100% / 8h | 4m 29s | $23.4M | $3.2M | 200x |
| Short | Extended ALGO-USD | 0.1112 | 0.0104 | get 0.0013% / 1h | 4m 29s | $4K | $195K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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
- $0.84
- Price spread: −0.009% → −0.038%
- $2.84
- Slippage, 4 orders
- −$33.43
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$34.76
- Costs to cover
- 0.384%
- Break-even
- 296.6 days
Slippage from MEXC: live order book, 4 min ago; Extended: live order book, 31 min ago.
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 MEXC live order book, 4 min ago | 0.45 bp | 4.3 bp −$4 | 13.9 bp −$139 | 409.9 bp −$41.0K | doesn't fit |
| Sell Extended live order book, 31 min ago | 1.98 bp | 14.9 bp −$15 | 109.5 bp −$1,095 | doesn't fit | doesn't fit |
ALGO on 22 venues
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 | −0.0265% | 1h | 0.1114 | +0.213% | $832K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0109% | 1h | 0.1115 | +0.234% | $88K | $46K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1114 | +0.198% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.719% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1115 | +0.252% | $3.4M | $2.3M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1113 | +0.114% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1112 | +0.027% | $9.5M | $34.5M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1112 | −0.036% | $11.2M | $13.0M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1112 | +0.009% | $2.7M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1114 | +0.153% | $838K | $956K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDTlong | +0.0100% | 8h | 0.1112 | long leg | $23.4M | $3.2M | 200x | |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1113 | +0.090% | $3.4M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1113 | +0.090% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1112 | +0.036% | — | $3.4M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1113 | +0.054% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1114 | +0.207% | $58K | $137K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.360% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USDshort | +0.0104% | 1h | 0.1112 | −0.009% | $4K | $195K | 10x | |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1117 | +0.414% | $63K | $194K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1114 | +0.135% | $476K | $835K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0319% / S −0.0264% | 1h | 0.1114 | +0.170% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1029% | 1h | 0.1114 | +0.175% | $161K | $5K | 5x | as long as short |
MEXC ALGO_USDT
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Phemex ALGOUSDT
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]