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 +0.003%

Price spread now: KuCoin against Gate0.000%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$739as in the Funding arb table

Net, price: spread back to 7d avg − costs−$767as in the Price arb table

costs, in and out, $10k−$7637.629% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.236%+$24 on $10k

Price spread, last 4 days (all we have)+0.065%+$6 · spread now 0.000%, 7d avg +0.041%

Together, before fees+0.301%+$30 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: KuCoin is 0.041% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MIRA_USDT	0.05435	0.0100	pay 0.0050% / 4h	2h 57m	$255K	$208K	25x
Short	KuCoin MIRAUSDTM	0.05435	0.0100	get 0.0050% / 4h	2h 57m	$815K	$58K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.041%: −$4.1
Slippage, 4 orders: −$735.92
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$767.02
Costs to cover: 7.629%
Break-even: never at this rate

Slippage from Gate: live order book, 52 min ago; KuCoin: live order book, 27 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, 52 min ago	8.21 bp	36.3 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 27 min ago	16.67 bp	424.0 bp −$424	doesn't fit	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	+0.0035%	1h	0.05439	+0.082%	$5K	$8K	10x	as long as short
BloFin MIRA-USDT	+0.0045%	4h	0.05441	+0.110%	$239K	$16K	50x	as long as short
Binance MIRAUSDT	+0.0100%	4h	0.05440	+0.085%	$2.5M	$6.0M	50x	as long as short
Bybit MIRAUSDT	+0.0100%	4h	0.05445	+0.184%	$1.1M	$1.3M	25x	as long as short
Gate MIRA_USDTlong	+0.0100%	4h	0.05435	long leg	$255K	$208K	25x
MEXC MIRA_USDT	+0.0100%	4h	0.05438	+0.055%	$209K	$136K	20x	as long as short
KuCoin MIRAUSDTMshort	+0.0100%	4h	0.05435	0.000%	$815K	$58K	50x
Bitget MIRAUSDT	+0.0100%	4h	0.05439	+0.074%	$768K	$287K	20x	as long as short