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 +0.006%

Price spread now: Binance against Gate+0.054%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1321.321% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.052%+$5 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.054%, 7d avg +0.025%

Together, before fees+0.097%+$10 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: Binance is 0.029% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MIRA_USDT	0.05466	0.0100	pay 0.0050% / 4h	3h 54m	$251K	$244K	25x
Short	Binance MIRAUSDT	0.05469	0.0100	get 0.0050% / 4h	3h 54m	$2.5M	$9.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.054%Rate

Funding earned: $0
Price spread: +0.054% → +0.025%: $2.9
Slippage, 4 orders: −$107.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$129.22
Costs to cover: 1.321%
Break-even: never at this rate

Slippage from Gate: live order book, 61 min ago; Binance: live order book, 15 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 Gate live order book, 61 min ago	6.36 bp	48.2 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	1.83 bp	23.2 bp −$23	111.7 bp −$1,117	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	−0.0125%	1h	0.05474	+0.148%	$5K	$21K	10x	as long as short
Binance MIRAUSDTshort	+0.0100%	4h	0.05469	+0.054%	$2.5M	$9.6M	50x
Gate MIRA_USDTlong	+0.0100%	4h	0.05466	long leg	$251K	$244K	25x
MEXC MIRA_USDT	+0.0100%	4h	0.05470	+0.073%	$207K	$160K	20x	as long as short
KuCoin MIRAUSDTM	+0.0100%	4h	0.05466	+0.007%	$821K	$115K	50x	as long as short
Bitget MIRAUSDT	+0.0100%	4h	0.05470	+0.073%	$774K	$565K	20x	as long as short
BloFin MIRA-USDT	+0.0116%	4h	0.05476	+0.183%	$241K	$17K	50x	as long as short
Bybit MIRAUSDT	+0.0343%	4h	0.05483	+0.311%	$1.1M	$2.0M	25x	as long as short