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

ALGO

all ALGO markets
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: KuCoin against MEXC+0.054%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1661.660% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 7 days−0.057%−$6 · spread now +0.054%, 7d avg +0.020%
Together, before fees−0.147%−$15 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: KuCoin is 0.034% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ALGO_USDT0.11150.0100pay 0.0100% / 8h4h 08m$23.1M$3.1M200x
ShortKuCoin ALGOUSDTM0.11160.0100get 0.0100% / 8h4h 08m$3.5M$1.5M50x

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: +0.054% → +0.020%
$3.38
Slippage, 4 orders
−$154.01
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$162.63
Costs to cover
1.660%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 9 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 ago0.90 bp3.8 bp −$411.5 bp −$115423.1 bp −$42.3Kdoesn't fit
Sell KuCoin live order book, 9 min ago5.40 bp89.4 bp −$89222.3 bp −$2,223doesn'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
gTrade (Gains Network) ALGO/USDL −0.0001% / S +0.0003%1h0.1116+0.055%$16K150xas long as short
Deribit ALGO_USDC-PERPETUAL0.0000%1h0.1116+0.081%$89K$44K25xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.439%$834$233K12xas long as short
Coinbase International ALGO-PERP-INTX+0.0080%1h0.1116+0.117%$88K$284K50xas long as short
Hyperliquid ALGO+0.0100%1h0.1117+0.135%$3.6M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1116+0.074%$44K$38K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1115+0.027%$9.7M$34.4M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1114−0.099%$11.2M$12.5M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.11150.000%$2.8M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1114−0.108%$865K$905K50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ALGO_USDTlong+0.0100%8h0.1115long leg$23.1M$3.1M200x
KuCoin ALGOUSDTMshort+0.0100%8h0.1116+0.054%$3.5M$1.5M50x
Bitget ALGOUSDT+0.0100%8h0.1116+0.081%$5.5M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.11150.000%$3.3Mas long as short
Variational Omni ALGO+0.0100%8h0.1113−0.162%$61K$12Kas long as short
HTX ALGO-USDT+0.0100%8h0.1115−0.027%$60K$136K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1117+0.170%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1115−0.026%$4K$235K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1115−0.009%$479K$879K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0319% / S −0.0264%1h0.1116+0.080%$6K100xas long as short
Kraken Futures PF_ALGOUSD+0.0376%1h0.1116+0.079%$825K$1.0M50xas long as short
dYdX ALGO-USD+0.0896%1h0.1116+0.040%$161K$4K5xas long as short