Funding you earn now, next payment 08:00 UTC+0.0359%/8h= +39.3% APRnext payment +$3.59 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.042%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.042%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Binance is 0.026% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.016%. Mind the row above: over the last 7 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour.
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 +$3.59 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 | Bitget MUUUSDT | 35.885 | 0 | get 0.0000% / 8h | 5h 14m | $4.7M | $4.6M | 20x |
| Short | Binance MUUUSDT | 35.900 | 0.0359 | get 0.0359% / 8h | 5h 14m | $6.4M | $92.3M | 25x |
Bitget MUUUSDT
Binance MUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $75.43
- Price spread: +0.042% → +0.016%
- $2.62
- Slippage, 4 orders
- −$20.87
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $35.19
- Costs to cover
- 0.429%
- Break-even
- 3.7 days
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 13 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 Bitget live order book, 3 min ago | 1.25 bp | 10.3 bp −$10 | 15.7 bp −$157 | 51.4 bp −$5,139 | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.40 bp | 7.4 bp −$7 | 19.5 bp −$195 | 152.1 bp −$15.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MUUUSDT | 0.0000% | 8h | 35.896 | +0.029% | $11K | $43K | 20x | as long as short |
| Bybit MUUUSDT | 0.0000% | 8h | 35.890 | +0.014% | $1.2M | $3.0M | 25x | as long as short |
| OKX MUU-USDT-SWAP | 0.0000% | 8h | 35.890 | +0.014% | $1.0M | $4.4M | 20x | as long as short |
| Bitget MUUUSDTlong | 0.0000% | 8h | 35.885 | long leg | $4.7M | $4.6M | 20x | |
| HTX MUU-USDT | 0.0000% | 8h | 35.790 | −0.265% | $8K | $10K | 10x | as long as short |
| KuCoin MUUUSDTM | +0.0100% | 8h | 35.870 | −0.042% | $78K | $30K | 20x | as long as short |
| Gate MUU_USDT | +0.0154% | 8h | 35.880 | −0.014% | $599K | $1.8M | 20x | as long as short |
| MEXC MUU_USDT | +0.0359% | 8h | 35.890 | +0.014% | $5.2M | $6.2M | 50x | as long as short |
| Binance MUUUSDTshort | +0.0359% | 8h | 35.900 | +0.042% | $6.4M | $92.3M | 25x |
Aster MUUUSDT
Bybit MUUUSDT
OKX MUU-USDT-SWAP
HTX MUU-USDT
KuCoin MUUUSDTM
Gate MUU_USDT
MEXC MUU_USDT