Funding arb · Price arb /

MYX

all MYX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h +0.035%

Price spread now: Binance against Gate+0.584%7-day average +0.459% · you sell dearer than you buy

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$1571.572% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.125%+$12 on $10k

Price spread, last 7 days0.000%$0 · spread now +0.584%, 7d avg +0.459%

Together, before fees+0.124%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.125% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.459%.

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	Gate MYX_USDT	0.08050	0.0100	pay 0.0100% / 8h	6h 32m	$1.3M	$510K	10x
Short	Binance MYXUSDT	0.08097	0.0328	get 0.0164% / 4h	2h 32m	$7.7M	$10.0M	10x

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 +0.584%Rate

Funding earned: $47.92
Price spread: +0.584% → +0.459%: $12.51
Slippage, 4 orders: −$132.15
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$96.73
Costs to cover: 1.572%
Break-even: 21.1 days

Slippage from Gate: live order book, 5 min ago; Binance: live order book, 7 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, 5 min ago	12.48 bp	39.7 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	3.11 bp	41.3 bp −$41	223.9 bp −$2,239	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	+0.0020%	4h	0.08045	−0.062%	$2.7M	$7.7M	10x	as long as short
Lighter MYX	+0.0096%	1h	0.08070	+0.248%	$36K	$21K	3x	as long as short
Bybit MYXUSDT	+0.0100%	4h	0.08063	+0.161%	$3.9M	$2.9M	13x	as long as short
Gate MYX_USDTlong	+0.0100%	8h	0.08050	long leg	$1.3M	$510K	10x
Bitget MYXUSDT	+0.0100%	4h	0.08068	+0.224%	$2.4M	$1.3M	10x	as long as short
Variational Omni MYX	+0.0100%	4h	0.08056	+0.078%	$7K	$60K	—	as long as short
ApeX Omni MYXUSDT	+0.0100%	1h	0.08050	0.000%	$19K	$253K	50x	as long as short
SunX MYX-USDT	+0.0100%	4h	0.08101	+0.634%	$2K	$671K	20x	as long as short
HTX MYX-USDT	+0.0100%	4h	0.08068	+0.224%	$37K	$113K	20x	as long as short
MEXC MYX_USDT	+0.0328%	4h	0.08101	+0.634%	$12.0M	$1.9M	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MYXUSDTshort	+0.0328%	4h	0.08097	+0.584%	$7.7M	$10.0M	10x
BingX MYX-USDT	+0.0332%	4h	0.08087	+0.460%	—	$6.8M	—	as long as short
Aster MYXUSDT	+0.0462%	4h	0.08072	+0.269%	$53K	$89K	5x	as long as short