Funding arb · Price arb /

MYX

all MYX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h +0.046%

Price spread now: BingX against Gate+0.236%7-day average +0.341% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1411.408% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.189%+$19 on $10k

Price spread, last 7 days+0.150%+$15 · spread now +0.236%, 7d avg +0.341%

Together, before fees+0.339%+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.106% cheaper against Gate than usual: you would sell low and buy high (spread +0.236% now, against its 7-day average of +0.341%). If the spread goes back, that is −$11 on $10k: about 31 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.189% in total) that is about 3.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.189% in total (about 9.8% 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	Gate MYX_USDT	0.08060	0.0100	pay 0.0100% / 8h	1h 44m	$1.3M	$580K	10x
Short	BingX MYX-USDT	0.08079	0.0374	get 0.0187% / 4h	1h 44m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.236%Rate

Funding earned: $57.54
Price spread: +0.236% → +0.341%: −$10.56
Slippage, 4 orders: −$115.81
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$93.83
Costs to cover: 1.408%
Break-even: 18.4 days

Slippage from Gate: live order book, 3 min ago; BingX: live order book, 9 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, 3 min ago	6.21 bp	35.2 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	5.57 bp	34.0 bp −$34	128.4 bp −$1,284	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	0.08090	+0.372%	$37K	$28K	3x	as long as short
Gate MYX_USDTlong	+0.0100%	8h	0.08060	long leg	$1.3M	$580K	10x
KuCoin MYXUSDTM	+0.0100%	4h	0.08046	−0.174%	$2.5M	$7.5M	10x	as long as short
Bitget MYXUSDT	+0.0100%	4h	0.08076	+0.199%	$2.4M	$1.4M	10x	as long as short
Variational Omni MYX	+0.0100%	4h	0.08058	−0.022%	$7K	$62K	—	as long as short
SunX MYX-USDT	+0.0100%	4h	0.08102	+0.521%	$2K	$641K	20x	as long as short
HTX MYX-USDT	+0.0100%	4h	0.08093	+0.409%	$37K	$136K	20x	as long as short
MEXC MYX_USDT	+0.0270%	4h	0.08093	+0.409%	$12.0M	$2.0M	50x	as long as short
Binance MYXUSDT	+0.0270%	4h	0.08097	+0.459%	$7.6M	$10.7M	10x	as long as short
Bybit MYXUSDT	+0.0307%	4h	0.08068	+0.099%	$3.9M	$3.1M	13x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MYX-USDTshort	+0.0374%	4h	0.08079	+0.236%	—	$6.8M	—
Aster MYXUSDT	+0.0440%	4h	0.08088	+0.349%	$53K	$115K	5x	as long as short
ApeX Omni MYXUSDT	+0.0911%	1h	0.08090	+0.372%	$22K	$248K	50x	as long as short