Funding arb · Price arb /

MYX

all MYX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0208%/8h= −22.8% APRpaid last 24h −0.035%

Price spread now: Gate against Binance−0.429%7-day average −0.458% · you buy dearer than you sell

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1401.397% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.125%−$13 on $10k

Price spread, last 7 days−0.215%−$21 · spread now −0.429%, 7d avg −0.458%

Together, before fees−0.340%−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.028% dearer against Binance than usual: you sell high and buy low (spread −0.429% now, against its 7-day average of −0.458%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.125% in total) that is about 38 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.125% in total (about -6.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MYXUSDT	0.08055	0.0308	pay 0.0154% / 4h	1h 17m	$7.6M	$9.2M	10x
Short	Gate MYX_USDT	0.08020	0.0100	get 0.0100% / 8h	5h 17m	$1.3M	$502K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.429%Rate

Funding earned: −$43.75
Price spread: −0.429% → −0.458%: $2.82
Slippage, 4 orders: −$114.72
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$180.66
Costs to cover: 1.397%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; Gate: 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 Binance live order book, 7 min ago	1.87 bp	29.4 bp −$29	335.6 bp −$3,356	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	12.47 bp	37.7 bp −$38	doesn't fit	doesn't fit	doesn't fit

MYX on 13 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
Lighter MYX	+0.0096%	1h	0.08050	−0.057%	$36K	$21K	3x	as long as short
Bybit MYXUSDT	+0.0100%	4h	0.08032	−0.280%	$3.9M	$2.6M	13x	as long as short
Gate MYX_USDTshort	+0.0100%	8h	0.08020	−0.429%	$1.3M	$502K	10x
KuCoin MYXUSDTM	+0.0100%	4h	0.08014	−0.504%	$2.6M	$7.9M	10x	as long as short
Bitget MYXUSDT	+0.0100%	4h	0.08022	−0.405%	$2.4M	$1.2M	10x	as long as short
Variational Omni MYX	+0.0100%	4h	0.08037	−0.218%	$7K	$55K	—	as long as short
SunX MYX-USDT	+0.0100%	4h	0.08046	−0.107%	$1K	$666K	20x	as long as short
HTX MYX-USDT	+0.0100%	4h	0.08050	−0.057%	$36K	$112K	20x	as long as short
ApeX Omni MYXUSDT	+0.0276%	1h	0.08060	+0.067%	$21K	$237K	50x	as long as short
MEXC MYX_USDT	+0.0308%	4h	0.08052	−0.032%	$12.1M	$1.8M	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MYX-USDT	+0.0308%	4h	0.08051	−0.045%	—	$6.8M	—	as long as short
Binance MYXUSDTlong	+0.0308%	4h	0.08055	long leg	$7.6M	$9.2M	10x
Aster MYXUSDT	+0.0571%	4h	0.08028	−0.335%	$52K	$79K	5x	as long as short