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

ALGO

all ALGO markets
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Funding spread now, next payment 00:00 UTC−0.0049%/8h
next payment, per $10,000$0.49paid, last 24h0.000%paid, last 3 days−0.025%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ALGO_USDT0.11040.0100pay 0.0100% / 8h5h 55m$22.0M$3.0M200x
ShortVariational Omni ALGO0.11030.0051get 0.0051% / 8h5h 55m$64K$13K

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$10.2
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$10.2
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 44 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.077%
Avg gap 7d
−0.073%
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 ago1.36 bp4.7 bp −$515.5 bp −$155435.1 bp −$43.5Kdoesn't fit
Sell Variational Omni RFQ quote, 44 min ago4.51 bpdoesn't fit49.6 bp −$496doesn't fitdoesn't fit

ALGO on 22 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0375%1h$813K$1.3M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0202%1h$100K$55K25xas long as short
Bybit ALGOUSDT−0.0041%8h$11.2M$12.7M75xas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h$7K150xas long as short
Coinbase International ALGO-PERP-INTX+0.0032%1h$62K$360K50xas long as short
Injective ALGO/USDC PERP+0.0033%1h$841$81K12xas long as short
Variational Omni ALGOshort+0.0051%8h$64K$13K
Hyperliquid ALGO+0.0100%1h$3.6M$2.1M5xas long as short
Aster ALGOUSDT+0.0100%8h$43K$73K5xas long as short
Binance ALGOUSDT+0.0100%8h$9.8M$36.1M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h$3.0M$8.3M50xas long as short
Gate ALGO_USDT+0.0100%8h$840K$814K50xas long as short
MEXC ALGO_USDTlong+0.0100%8h$22.0M$3.0M200x
KuCoin ALGOUSDTM+0.0100%8h$3.5M$1.7M50xas long as short
Bitget ALGOUSDT+0.0100%8h$5.6M$3.8M75xas long as short
BingX ALGO-USDT+0.0100%8h$3.1Mas long as short
HTX ALGO-USDT+0.0100%8h$66K$112K75xas long as short
Phemex ALGOUSDT+0.0100%8h$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h$7K$210K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0155% / S −0.0078%1h$5K100xas long as short
BloFin ALGO-USDT+0.0220%8h$493K$788K75xas long as short
dYdX ALGO-USD+0.8034%1h$158K$6K5xas long as short