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: KuCoin against MEXC+0.027%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1511.506% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 7 days−0.027%−$3 · spread now +0.027%, 7d avg +0.020%
Together, before fees−0.100%−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ALGO_USDT0.11020.0100pay 0.0100% / 8h6h 01m$23.6M$3.3M200x
ShortKuCoin ALGOUSDTM0.11030.0100get 0.0100% / 8h6h 01m$3.4M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.027% → +0.020%
$0.69
Slippage, 4 orders
−$138.56
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$149.87
Costs to cover
1.506%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 4 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, 5 min ago3.18 bp9.1 bp −$933.8 bp −$338473.2 bp −$47.3Kdoesn't fit
Sell KuCoin live order book, 4 min ago6.80 bp84.2 bp −$84283.9 bp −$2,839doesn'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
Deribit ALGO_USDC-PERPETUAL−0.0385%1h0.1103+0.018%$87K$42K25xas long as short
Kraken Futures PF_ALGOUSD−0.0320%1h0.1103+0.048%$810K$1.1M50xas long as short
Bybit ALGOUSDT−0.0254%8h0.1101−0.082%$10.6M$13.3M75xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1103+0.100%$16K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+1.606%$834$233K12xas long as short
Variational Omni ALGO+0.0063%8h0.1100−0.173%$59K$13Kas long as short
OKX ALGO-USDT-SWAP+0.0086%8h0.1102−0.045%$2.6M$7.8M50xas long as short
Coinbase International ALGO-PERP-INTX+0.0088%1h0.1104+0.163%$63K$176K50xas long as short
Hyperliquid ALGO+0.0100%1h0.1104+0.109%$3.4M$2.3M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1102+0.012%$44K$38K5xas long as short
Show all 22 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ALGOUSDT+0.0100%8h0.1102+0.009%$9.3M$33.9M75xas long as short
Gate ALGO_USDT+0.0100%8h0.1103+0.064%$831K$888K50xas long as short
MEXC ALGO_USDTlong+0.0100%8h0.1102long leg$23.6M$3.3M200x
KuCoin ALGOUSDTMshort+0.0100%8h0.1103+0.027%$3.4M$1.4M50x
Bitget ALGOUSDT+0.0100%8h0.1103+0.064%$5.4M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1102−0.027%$3.4Mas long as short
HTX ALGO-USDT+0.0100%8h0.11020.000%$57K$129K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1105+0.245%$3.7M$1.7M50xas long as short
Extended ALGO-USD+0.0104%1h0.1102−0.021%$4K$181K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1104+0.172%$473K$808K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0321% / S −0.0273%1h0.1103+0.073%$6K100xas long as short
dYdX ALGO-USD+0.1460%1h0.1105+0.231%$160K$5K5xas long as short