Funding arb · Price arb /

MYX

all MYX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0451%/8h= +49.4% APRpaid last 24h −0.008%

Price spread now: ApeX Omni against Bybit+0.228%89s7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$406as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4214.207% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.150%+$15 on $10k

Price spread, last 4 days (all we have)−5.256%−$526 · spread now +0.228%, 7d avg −0.037%

Together, before fees−5.106%−$511 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and ApeX Omni is 0.265% dearer against Bybit than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.037%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% 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	Bybit MYXUSDT	0.07892	0.0100	pay 0.0050% / 4h	46m 00s	$3.8M	$2.6M	13x
Short	ApeX Omni MYXUSDT	0.07910	0.0551	get 0.0069% / 1h	46m 00s	$19K	$239K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now +0.228%Rate

Funding earned: $94.67
Price spread: +0.228% → −0.037%: $26.47
Slippage, 4 orders: −$399.74
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$299.6
Costs to cover: 4.207%
Break-even: 29.2 days

Slippage from Bybit: live order book, 2 min ago; ApeX Omni: live order book, 10 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 Bybit live order book, 2 min ago	2.53 bp	133.8 bp −$134	1011.9 bp −$10.1K	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 10 min ago	18.81 bp	90.2 bp −$90	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
KuCoin MYXUSDTM	+0.0060%	4h	0.07890	−0.025%	$2.6M	$7.9M	10x	as long as short
Lighter MYX	+0.0096%	1h	0.07910	+0.228%	$35K	$21K	3x	as long as short
Bybit MYXUSDTlong	+0.0100%	4h	0.07892	long leg	$3.8M	$2.6M	13x
Gate MYX_USDT	+0.0100%	8h	0.07880	−0.152%	$1.3M	$477K	10x	as long as short
Bitget MYXUSDT	+0.0100%	4h	0.07897	+0.063%	$2.4M	$1.2M	10x	as long as short
Variational Omni MYX	+0.0100%	4h	0.07891	−0.018%	$7K	$55K	—	as long as short
SunX MYX-USDT	+0.0100%	4h	0.07933	+0.520%	$1K	$678K	20x	as long as short
HTX MYX-USDT	+0.0100%	4h	0.07922	+0.380%	$36K	$109K	20x	as long as short
MEXC MYX_USDT	+0.0236%	4h	0.07916	+0.304%	$11.8M	$1.8M	50x	as long as short
Binance MYXUSDT	+0.0240%	4h	0.07917	+0.313%	$7.5M	$9.2M	10x	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	+0.0242%	4h	0.07907	+0.190%	—	$6.8M	—	as long as short
Aster MYXUSDT	+0.0532%	4h	0.07909	+0.215%	$51K	$77K	5x	as long as short
ApeX Omni MYXUSDTshort	+0.0551%	1h	0.07910	+0.228%	$19K	$239K	50x