Funding you earn now, next payment 08:00 UTC+0.0457%/8h= +50.0% APRnext payment +$4.57 per $10,000 · paid last 24h +0.065%
Price spread now: Gate against Bitget+0.031%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1091.094% of the position
Funding, last 7 days−0.252%−$25 on $10k
+Price spread, last 7 days−0.072%−$7 · spread now +0.031%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Gate is 0.031% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.252%, 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 -0.252% in total (about -13.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.57 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 | 34.949 | −0.0457 | get 0.0457% / 8h | 2h 38m | $4.5M | $4.6M | 20x |
| Short | Gate MUU_USDT | 34.960 | 0 | get 0.0000% / 8h | 2h 38m | $590K | $1.8M | 20x |
Bitget MUUUSDT
Gate MUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $95.97
- Price spread: +0.031% → +0.001%
- $3.08
- Slippage, 4 orders
- −$82.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$10.31
- Costs to cover
- 1.094%
- Break-even
- 7.8 days
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 4 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, 5 min ago | 2.42 bp | 14.9 bp −$15 | 24.9 bp −$249 | 71.3 bp −$7,127 | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.85 bp | 53.8 bp −$54 | 58.3 bp −$583 | 63.0 bp −$6,296 | 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 MUUUSDTlong | −0.0457% | 8h | 34.949 | long leg | $4.5M | $4.6M | 20x | |
| Aster MUUUSDT | 0.0000% | 8h | 34.962 | +0.038% | $11K | $43K | 20x | as long as short |
| Bybit MUUUSDT | 0.0000% | 8h | 34.950 | +0.003% | $1.2M | $3.1M | 25x | as long as short |
| OKX MUU-USDT-SWAP | 0.0000% | 8h | 34.950 | +0.003% | $984K | $4.4M | 20x | as long as short |
| Gate MUU_USDTshort | 0.0000% | 8h | 34.960 | +0.031% | $590K | $1.8M | 20x | |
| HTX MUU-USDT | 0.0000% | 8h | 35.100 | +0.432% | $8K | $11K | 10x | as long as short |
| KuCoin MUUUSDTM | +0.0100% | 8h | 34.920 | −0.083% | $76K | $28K | 20x | as long as short |
| MEXC MUU_USDT | +0.0268% | 8h | 34.970 | +0.060% | $5.2M | $6.3M | 50x | as long as short |
| Binance MUUUSDT | +0.0270% | 8h | 34.965 | +0.045% | $6.1M | $94.5M | 25x | as long as short |
Aster MUUUSDT
Bybit MUUUSDT
OKX MUU-USDT-SWAP
HTX MUU-USDT
KuCoin MUUUSDTM
MEXC MUU_USDT
Binance MUUUSDT