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−0.0086%/8h= −9.5% APRnext payment $0.86 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Binance−0.057%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.110%+$11 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.057% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.110%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUUSDT34.8500.0186pay 0.0186% / 8h50m 57s$6.3M$97.6M25x
ShortKuCoin MUUUSDTM34.8300.0100get 0.0100% / 8h50m 57s$76K$31K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$18.13
Price spread: −0.057% → 0.000%
−$5.74
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$45.86
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 7 min ago; KuCoin: no order-book sample. Net counts fees only.

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, 7 min ago1.44 bp7.8 bp −$814.7 bp −$147110.2 bp −$11.0Kdoesn't fit
Sell KuCoin no order-book sample
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget MUUUSDT−0.1023%8h34.862+0.034%$4.7M$4.9M20xas long as short
Aster MUUUSDT0.0000%8h34.843−0.019%$11K$43K20xas long as short
Bybit MUUUSDT0.0000%8h34.8500.000%$1.2M$3.1M25xas long as short
OKX MUU-USDT-SWAP0.0000%8h34.8500.000%$974K$4.5M20xas long as short
Gate MUU_USDT0.0000%8h34.860+0.029%$565K$1.9M20xas long as short
HTX MUU-USDT0.0000%8h34.8500.000%$8K$11K10xas long as short
KuCoin MUUUSDTMshort+0.0100%8h34.830−0.057%$76K$31K20x
Binance MUUUSDTlong+0.0186%8h34.850long leg$6.3M$97.6M25x
MEXC MUU_USDT+0.0189%8h34.840−0.029%$6.3M$6.8M50xas long as short