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

ALGO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC−0.101%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$600.596% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 7 days+0.103%+$10 · spread now −0.101%, 7d avg −0.020%
Together, before fees+0.179%+$18 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: Bitget is 0.081% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ALGO_USDT0.10890.0100pay 0.0100% / 8h2h 27m$22.6M$3.2M200x
ShortBitget ALGOUSDT0.10880.0100get 0.0100% / 8h2h 27m$5.4M$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.101% → −0.020%
−$8.05
Slippage, 4 orders
−$47.62
Fee MEXC: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$67.68
Costs to cover
0.596%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 5 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 bp3.8 bp −$412.0 bp −$120426.8 bp −$42.7Kdoesn't fit
Sell Bitget live order book, 5 min ago4.59 bp28.4 bp −$2858.4 bp −$584doesn't fitdoesn't fit

ALGO on 22 venues

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−0.0484%1h0.1089−0.037%$86K$44K25xas long as short
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1089+0.009%$16K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+2.837%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1090+0.037%$3.4M$2.3M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1089+0.018%$43K$37K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1089−0.046%$9.3M$35.0M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1088−0.129%$10.9M$12.7M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1089−0.046%$2.7M$7.7M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1088−0.064%$832K$926K50xas long as short
MEXC ALGO_USDTlong+0.0100%8h0.1089long leg$22.6M$3.2M200x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ALGOUSDTM+0.0100%8h0.1089−0.028%$3.4M$1.5M50xas long as short
Bitget ALGOUSDTshort+0.0100%8h0.1088−0.101%$5.4M$3.6M75x
BingX ALGO-USDT+0.0100%8h0.10890.000%$3.3Mas long as short
Variational Omni ALGO+0.0100%8h0.1090+0.053%$60K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1089+0.009%$59K$135K75xas long as short
Extended ALGO-USD+0.0104%1h0.1089−0.029%$7K$196K10xas long as short
Kraken Futures PF_ALGOUSD+0.0113%1h0.1090+0.046%$819K$1.1M50xas long as short
Coinbase International ALGO-PERP-INTX+0.0144%1h0.1093+0.340%$62K$289K50xas long as short
Phemex ALGOUSDT+0.0149%8h0.1093+0.358%$3.7M$1.8M50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1092+0.248%$472K$867K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0316% / S −0.0264%1h0.1089+0.024%$6K100xas long as short
dYdX ALGO-USD+0.1727%1h0.1090+0.088%$157K$5K5xas long as short