Funding arb · Price arb /

MIRA

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Swap Backtest

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 Binance+0.092%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1111.109% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.106%−$11 on $10k

Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.092%, 7d avg −0.002%

Together, before fees−0.313%−$31 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 0.093% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MIRAUSDT	0.05463	0.0100	pay 0.0050% / 4h	2h 55m	$2.5M	$6.0M	50x
Short	Bitget MIRAUSDT	0.05468	0.0100	get 0.0050% / 4h	2h 55m	$771K	$286K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now +0.092%Rate

Funding earned: $0
Price spread: +0.092% → −0.002%: $9.33
Slippage, 4 orders: −$88.86
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$101.53
Costs to cover: 1.109%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 55 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 Binance live order book, 13 min ago	2.75 bp	25.6 bp −$26	217.7 bp −$2,177	doesn't fit	doesn't fit
Sell Bitget live order book, 55 min ago	2.74 bp	30.7 bp −$31	278.0 bp −$2,780	doesn't fit	doesn't fit

MIRA on 8 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_MIRAUSD	+0.0034%	1h	0.05475	+0.218%	$5K	$8K	10x	as long as short
BloFin MIRA-USDT	+0.0052%	4h	0.05456	−0.128%	$241K	$16K	50x	as long as short
Binance MIRAUSDTlong	+0.0100%	4h	0.05463	long leg	$2.5M	$6.0M	50x
Bybit MIRAUSDT	+0.0100%	4h	0.05468	+0.092%	$1.1M	$1.3M	25x	as long as short
Gate MIRA_USDT	+0.0100%	4h	0.05466	+0.055%	$256K	$209K	25x	as long as short
MEXC MIRA_USDT	+0.0100%	4h	0.05478	+0.275%	$210K	$136K	20x	as long as short
KuCoin MIRAUSDTM	+0.0100%	4h	0.05462	−0.009%	$819K	$58K	50x	as long as short
Bitget MIRAUSDTshort	+0.0100%	4h	0.05468	+0.092%	$771K	$286K	20x