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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALGO_USDT | 0.1106 | 0.0100 | pay 0.0100% / 8h | 6h 38m | $22.7M | $3.0M | 200x |
| Short | OKX ALGO-USDT-SWAP | 0.1108 | 0.0100 | get 0.0100% / 8h | 6h 38m | $2.9M | $7.6M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 1 min ago | 1.35 bp | 4.9 bp −$5 | 54.9 bp −$549 | 542.2 bp −$54.2K | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.80 bp | 16.4 bp −$16 | 56.8 bp −$568 | doesn't fit | doesn't fit |
ALGO on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0292% | 1h | 0.1107 | +0.054% | $100K | $49K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0064% | 1h | 0.1113 | +0.615% | $71K | $288K | 50x | as long as short |
| Variational Omni ALGO | −0.0018% | 8h | 0.1108 | +0.220% | $61K | $12K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1109 | +0.248% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.266% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1109 | +0.244% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1108 | +0.170% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1108 | +0.181% | $9.8M | $34.9M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1108 | +0.163% | $11.4M | $12.4M | 75x | as long as short |
| OKX ALGO-USDT-SWAPshort | +0.0100% | 8h | 0.1108 | +0.208% | $2.9M | $7.6M | 50x |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ALGO_USDT | +0.0100% | 8h | 0.1107 | +0.090% | $866K | $853K | 50x | as long as short |
| MEXC ALGO_USDTlong | +0.0100% | 8h | 0.1106 | long leg | $22.7M | $3.0M | 200x | |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1107 | +0.118% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1107 | +0.090% | $5.5M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1107 | +0.118% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1109 | +0.244% | $60K | $144K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1108 | +0.181% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1108 | +0.192% | $8K | $229K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1117 | +0.967% | $489K | $801K | 75x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0264% | 1h | 0.1107 | +0.055% | $821K | $1.1M | 50x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0313% | 1h | 0.1108 | +0.167% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1425% | 1h | 0.1109 | +0.313% | $160K | $4K | 5x | as long as short |
MEXC ALGO_USDT
OKX ALGO-USDT-SWAP
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
Gate ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
Kraken Futures PF_ALGOUSD
GMX ALGO/USD [WBTC.b-USDC]