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

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against MEXC−0.046%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.569% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$8 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.046%, 7d avg −0.049%
Together, before fees+0.111%+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ALGO_USDT0.10840.0100pay 0.0100% / 8h4h 55m$23.2M$3.2M200x
ShortHTX ALGO-USDT0.10830.0100get 0.0100% / 8h4h 55m$56K$121K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against MEXC. 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: −0.046% → −0.049%
$0.27
Slippage, 4 orders
−$44.93
Fee MEXC: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$56.66
Costs to cover
0.569%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; HTX: live order book, 49 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 MEXC live order book, 1 min ago0.46 bp4.6 bp −$514.5 bp −$145406.4 bp −$40.6Kdoesn't fit
Sell HTX live order book, 49 min ago8.20 bp25.1 bp −$25doesn't fitdoesn't fitdoesn't fit

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−0.0511%1h0.1084+0.034%$786K$1.1M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0211%1h0.1083−0.046%$85K$41K25xas long as short
Bybit ALGOUSDT−0.0164%8h0.1082−0.129%$10.4M$13.4M75xas long as short
Variational Omni ALGO−0.0010%8h0.1082−0.174%$58K$13Kas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1084+0.020%$16K150xas long as short
OKX ALGO-USDT-SWAP+0.0010%8h0.1084−0.018%$2.6M$7.8M50xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+3.350%$834$233K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0088%1h0.1085+0.120%$63K$175K50xas long as short
Hyperliquid ALGO+0.0100%1h0.1085+0.129%$3.3M$2.3M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1084+0.029%$43K$38K5xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ALGOUSDT+0.0100%8h0.1084−0.011%$9.2M$33.7M75xas long as short
Gate ALGO_USDT+0.0100%8h0.1084+0.009%$824K$871K50xas long as short
MEXC ALGO_USDTlong+0.0100%8h0.1084long leg$23.2M$3.2M200x
KuCoin ALGOUSDTM+0.0100%8h0.1084+0.028%$3.3M$1.3M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1083−0.065%$5.3M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1083−0.074%$3.3Mas long as short
HTX ALGO-USDTshort+0.0100%8h0.1083−0.046%$56K$121K75x
Phemex ALGOUSDT+0.0100%8h0.1086+0.212%$3.7M$1.7M50xas long as short
Extended ALGO-USD+0.0104%1h0.1083−0.035%$10K$260K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1084+0.055%$467K$839K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0315% / S −0.0264%1h0.1084−0.002%$6K100xas long as short
dYdX ALGO-USD+0.2251%1h0.1084+0.073%$157K$4K5xas long as short