Funding arb · Price arb /

MYX

all MYX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h +0.035%

Price spread now: MEXC against Gate+0.256%7-day average +0.458% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$840.839% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.124%+$12 on $10k

Price spread, last 7 days+0.334%+$33 · spread now +0.256%, 7d avg +0.458%

Together, before fees+0.458%+$46 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.201% cheaper against Gate than usual: you would sell low and buy high (spread +0.256% now, against its 7-day average of +0.458%). If the spread goes back, that is −$20 on $10k: about 2.2 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.124% in total) that is about 11 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% 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	0.08190	0.0100	pay 0.0100% / 8h	7h 14m	$1.3M	$541K	10x
Short	MEXC MYX_USDT	0.08211	0.0408	get 0.0204% / 4h	3h 14m	$12.2M	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.256%Rate

Funding earned: $64.68
Price spread: +0.256% → +0.458%: −$20.13
Slippage, 4 orders: −$68.91
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$39.37
Costs to cover: 0.839%
Break-even: 11.3 days

Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 4 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	12.27 bp	32.4 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.61 bp	5.3 bp −$5	47.9 bp −$479	101.7 bp −$10.2K	360.3 bp −$180.1K

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	0.08200	+0.122%	$37K	$22K	3x	as long as short
Gate MYX_USDTlong	+0.0100%	8h	0.08190	long leg	$1.3M	$541K	10x
KuCoin MYXUSDTM	+0.0100%	4h	0.08171	−0.232%	$2.7M	$7.7M	10x	as long as short
Bitget MYXUSDT	+0.0100%	4h	0.08179	−0.134%	$2.4M	$1.3M	10x	as long as short
Variational Omni MYX	+0.0100%	4h	0.08143	−0.577%	$7K	$62K	—	as long as short
SunX MYX-USDT	+0.0100%	4h	0.08226	+0.440%	$2K	$661K	20x	as long as short
HTX MYX-USDT	+0.0100%	4h	0.08186	−0.049%	$37K	$132K	20x	as long as short
ApeX Omni MYXUSDT	+0.0112%	1h	0.08150	−0.488%	$19K	$254K	50x	as long as short
MEXC MYX_USDTshort	+0.0408%	4h	0.08211	+0.256%	$12.2M	$1.9M	50x
Binance MYXUSDT	+0.0416%	4h	0.08214	+0.293%	$7.7M	$10.1M	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MYXUSDT	+0.0477%	4h	0.08184	−0.075%	$53K	$109K	5x	as long as short
BingX MYX-USDT	+0.0856%	4h	0.08200	+0.122%	—	$6.8M	—	as long as short
Bybit MYXUSDT	+0.0892%	4h	0.08183	−0.085%	$4.0M	$3.0M	13x	as long as short