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: OKX against MEXC+0.208%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days−0.190%−$19 · spread now +0.208%, 7d avg −0.040%
Together, before fees−0.238%−$24 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: OKX is 0.248% dearer against MEXC than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ALGO_USDT0.11060.0100pay 0.0100% / 8h6h 38m$22.7M$3.0M200x
ShortOKX ALGO-USDT-SWAP0.11080.0100get 0.0100% / 8h6h 38m$2.9M$7.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.208% → −0.040%
$24.8
Slippage, 4 orders
−$32.38
Fee MEXC: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$17.59
Costs to cover
0.424%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; OKX: 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 ago1.35 bp4.9 bp −$554.9 bp −$549542.2 bp −$54.2Kdoesn't fit
Sell OKX live order book, 5 min ago1.80 bp16.4 bp −$1656.8 bp −$568doesn'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−0.0292%1h0.1107+0.054%$100K$49K25xas long as short
Coinbase International ALGO-PERP-INTX−0.0064%1h0.1113+0.615%$71K$288K50xas long as short
Variational Omni ALGO−0.0018%8h0.1108+0.220%$61K$12Kas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1109+0.248%$6K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+1.266%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1109+0.244%$3.6M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1108+0.170%$44K$38K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1108+0.181%$9.8M$34.9M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1108+0.163%$11.4M$12.4M75xas long as short
OKX ALGO-USDT-SWAPshort+0.0100%8h0.1108+0.208%$2.9M$7.6M50x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h0.1107+0.090%$866K$853K50xas long as short
MEXC ALGO_USDTlong+0.0100%8h0.1106long leg$22.7M$3.0M200x
KuCoin ALGOUSDTM+0.0100%8h0.1107+0.118%$3.5M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1107+0.090%$5.5M$3.6M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1107+0.118%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1109+0.244%$60K$144K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1108+0.181%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1108+0.192%$8K$229K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1117+0.967%$489K$801K75xas long as short
Kraken Futures PF_ALGOUSD+0.0264%1h0.1107+0.055%$821K$1.1M50xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0341% / S −0.0313%1h0.1108+0.167%$7K100xas long as short
dYdX ALGO-USD+0.1425%1h0.1109+0.313%$160K$4K5xas long as short