Funding arb · Price arb /

MYX

all MYX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0304%/8h= −33.3% APRpaid last 24h −0.035%

Price spread now: Gate against MEXC−0.366%7-day average −0.458% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

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

Long on MEXC Short on Gate

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−0.224%−$22 · spread now −0.366%, 7d avg −0.458%

Together, before fees−0.348%−$35 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.091% dearer against MEXC than usual: you sell high and buy low (spread −0.366% now, against its 7-day average of −0.458%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.124% in total) that is about 5.2 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	MEXC MYX_USDT	0.08190	0.0404	pay 0.0202% / 4h	3h 14m	$12.2M	$1.9M	50x
Short	Gate MYX_USDT	0.08160	0.0100	get 0.0100% / 8h	7h 14m	$1.3M	$541K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 MEXCbpFee GatebpOrdersPrice spread, now −0.366%Rate

Funding earned: −$63.84
Price spread: −0.366% → −0.458%: $9.14
Slippage, 4 orders: −$68.91
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$138.61
Costs to cover: 0.839%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 2 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 MEXC live order book, 3 min ago	0.61 bp	5.7 bp −$6	48.4 bp −$484	95.8 bp −$9,582	344.2 bp −$172.1K
Sell Gate live order book, 2 min ago	12.27 bp	40.5 bp −$40	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	0.08180	−0.122%	$37K	$22K	3x	as long as short
Gate MYX_USDTshort	+0.0100%	8h	0.08160	−0.366%	$1.3M	$541K	10x
KuCoin MYXUSDTM	+0.0100%	4h	0.08145	−0.549%	$2.7M	$7.6M	10x	as long as short
Bitget MYXUSDT	+0.0100%	4h	0.08171	−0.232%	$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	0.08188	−0.024%	$2K	$660K	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_USDTlong	+0.0404%	4h	0.08190	long leg	$12.2M	$1.9M	50x
Binance MYXUSDT	+0.0410%	4h	0.08207	+0.208%	$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	0.08151	−0.471%	$53K	$109K	5x	as long as short
BingX MYX-USDT	+0.0856%	4h	0.08178	−0.147%	—	$6.8M	—	as long as short
Bybit MYXUSDT	+0.0902%	4h	0.08173	−0.208%	$4.0M	$3.0M	13x	as long as short