Funding you earn now, next payment 08:00 UTC−0.0758%/8h= −83.0% APRnext payment −$7.58 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.091%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 7 days+0.130%+$13 on $10k
+Price spread, last 7 days+0.085%+$8 · spread now −0.091%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bitget is 0.076% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.015%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.130%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.130% in total (about 6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.58 per $10,000. 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 | Binance MUUUSDT | 35.080 | 0.0273 | pay 0.0273% / 8h | 2h 37m | $6.1M | $94.5M | 25x |
| Short | Bitget MUUUSDT | 35.048 | −0.0485 | pay 0.0485% / 8h | 2h 37m | $4.6M | $4.6M | 20x |
Binance MUUUSDT
Bitget MUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$159.2
- Price spread: −0.091% → −0.015%
- −$7.59
- Slippage, 4 orders
- −$16.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$205.4
- Costs to cover
- 0.386%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 1 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 Binance live order book, 6 min ago | 1.42 bp | 8.2 bp −$8 | 16.6 bp −$166 | 98.3 bp −$9,832 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.28 bp | 15.5 bp −$16 | 35.2 bp −$352 | 54.8 bp −$5,485 | doesn't fit |
MUU on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUUUSDTshort | −0.0485% | 8h | 35.048 | −0.091% | $4.6M | $4.6M | 20x | |
| Aster MUUUSDT | 0.0000% | 8h | 35.041 | −0.111% | $11K | $43K | 20x | as long as short |
| Bybit MUUUSDT | 0.0000% | 8h | 35.070 | −0.029% | $1.2M | $3.1M | 25x | as long as short |
| OKX MUU-USDT-SWAP | 0.0000% | 8h | 35.070 | −0.029% | $987K | $4.5M | 20x | as long as short |
| Gate MUU_USDT | 0.0000% | 8h | 35.050 | −0.086% | $592K | $1.8M | 20x | as long as short |
| HTX MUU-USDT | 0.0000% | 8h | 35.020 | −0.171% | $8K | $11K | 10x | as long as short |
| KuCoin MUUUSDTM | +0.0100% | 8h | 35.050 | −0.086% | $76K | $28K | 20x | as long as short |
| MEXC MUU_USDT | +0.0269% | 8h | 35.070 | −0.029% | $5.2M | $6.3M | 50x | as long as short |
| Binance MUUUSDTlong | +0.0273% | 8h | 35.080 | long leg | $6.1M | $94.5M | 25x |
Aster MUUUSDT
Bybit MUUUSDT
OKX MUU-USDT-SWAP
Gate MUU_USDT
HTX MUU-USDT
KuCoin MUUUSDTM
MEXC MUU_USDT