Settings8H · net · $10k
Funding arb · Price arb /

MUU

RWAall MUU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.6% APRnext payment $0.88 per $10,000 · paid last 24h +0.065%
Price spread now: Gate against Binance−0.015%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$510.512% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.122%−$12 on $10k
Price spread, last 7 days−0.020%−$2 · spread now −0.015%, 7d avg −0.014%
Together, before fees−0.142%−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUUSDT35.9360.0360pay 0.0360% / 8h4h 26m$6.3M$92.3M25x
ShortGate MUU_USDT35.9300.0272get 0.0272% / 8h4h 26m$600K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Funding earned
−$18.46
Price spread: −0.015% → −0.014%
−$0.12
Slippage, 4 orders
−$26.15
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$69.73
Costs to cover
0.512%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago1.39 bp8.0 bp −$814.8 bp −$148103.7 bp −$10.4Kdoesn't fit
Sell Gate live order book, 1 min ago1.39 bp17.1 bp −$1750.4 bp −$50462.7 bp −$6,27398.3 bp −$49.1K

MUU on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MUUUSDT0.0000%8h35.932−0.009%$11K$43K20xas long as short
Bybit MUUUSDT0.0000%8h35.940+0.012%$1.2M$3.0M25xas long as short
HTX MUU-USDT0.0000%8h35.870−0.182%$8K$10K10xas long as short
OKX MUU-USDT-SWAP+0.0021%8h35.940+0.012%$1.0M$4.5M20xas long as short
KuCoin MUUUSDTM+0.0100%8h35.940+0.012%$78K$29K20xas long as short
Bitget MUUUSDT+0.0100%8h35.921−0.040%$4.7M$4.6M20xas long as short
Gate MUU_USDTshort+0.0272%8h35.930−0.015%$600K$1.8M20x
Binance MUUUSDTlong+0.0360%8h35.936long leg$6.3M$92.3M25x
MEXC MUU_USDT+0.0360%8h35.930−0.015%$5.2M$6.1M50xas long as short