Funding you earn now, next payment 08:00 UTC−0.0203%/8h= −22.3% APRnext payment −$2.03 per $10,000 · paid last 24h −0.023%
Price spread now: Variational Omni against MEXC−0.334%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.334% cheaper against MEXC than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALGO_USDT | 0.1119 | 0.0095 | pay 0.0095% / 8h | 7h 26m | $23.0M | $3.0M | 200x |
| Short | Variational Omni ALGO | 0.1115 | −0.0108 | pay 0.0108% / 8h | 7h 26m | $61K | $11K | — |
MEXC ALGO_USDT
Variational Omni ALGOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$42.67
- Price spread: −0.334% → 0.000%
- −$33.37
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$76.04
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; Variational Omni: no order-book sample. Net counts fees only.
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, 3 min ago | 0.45 bp | 5.0 bp −$5 | 17.9 bp −$179 | 464.2 bp −$46.4K | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0566% | 1h | 0.1120 | +0.046% | $831K | $1.1M | 50x | as long as short |
| Variational Omni ALGOshort | −0.0108% | 8h | 0.1115 | −0.334% | $61K | $11K | — | |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1117 | −0.188% | $70K | $258K | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | 0.0000% | 1h | 0.1118 | −0.125% | $101K | $50K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1117 | −0.181% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.080% | $834 | $233K | 12x | as long as short |
| MEXC ALGO_USDTlong | +0.0095% | 8h | 0.1119 | long leg | $23.0M | $3.0M | 200x | |
| Binance ALGOUSDT | +0.0096% | 8h | 0.1119 | +0.018% | $9.9M | $34.3M | 75x | as long as short |
| Extended ALGO-USD | +0.0096% | 1h | 0.1117 | −0.151% | $4K | $228K | 10x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1119 | −0.027% | $3.7M | $1.8M | 5x | as long as short |
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Binance ALGOUSDT
Extended ALGO-USD
Hyperliquid ALGOShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ALGOUSDT | +0.0100% | 8h | 0.1117 | −0.152% | $44K | $38K | 5x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1118 | −0.071% | $11.3M | $11.8M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1119 | −0.045% | $2.9M | $7.5M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1117 | −0.179% | $876K | $819K | 50x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1119 | +0.036% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1119 | −0.009% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1119 | −0.054% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1119 | 0.000% | $68K | $110K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1120 | +0.080% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0216% | 8h | 0.1119 | −0.027% | $486K | $768K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0351% | 1h | 0.1117 | −0.172% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1336% | 1h | 0.1118 | −0.092% | $160K | $3K | 5x | as long as short |
Aster ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD