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+0.1022%/8h= +111.9% APRnext payment +$10.22 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.163%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−0.020%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.163% cheaper against Bitget than usual: you would sell low and buy high (spread −0.163% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 13 hours of funding at the current rate (+$31 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.020% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUUUSDT34.987−0.0922get 0.0922% / 8h18m 54s$4.7M$5.0M20x
ShortKuCoin MUUUSDTM34.9300.0100get 0.0100% / 8h18m 54s$76K$42K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$214.62
Price spread: −0.163% → 0.000%
−$16.29
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$174.33
Costs to cover
0.240%
Break-even
1.3 days
Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago1.72 bp8.4 bp −$828.8 bp −$28861.3 bp −$6,127doesn'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 MUUUSDTlong−0.0922%8h34.987long leg$4.7M$5.0M20x
Aster MUUUSDT0.0000%8h34.969−0.052%$11K$43K20xas long as short
Bybit MUUUSDT0.0000%8h34.950−0.106%$1.2M$3.1M25xas long as short
OKX MUU-USDT-SWAP0.0000%8h34.960−0.077%$977K$4.5M20xas long as short
Gate MUU_USDT0.0000%8h34.970−0.049%$567K$2.0M20xas long as short
HTX MUU-USDT0.0000%8h34.960−0.077%$8K$9K10xas long as short
KuCoin MUUUSDTMshort+0.0100%8h34.930−0.163%$76K$42K20x
Binance MUUUSDT+0.0173%8h34.960−0.077%$6.3M$98.0M25xas long as short
MEXC MUU_USDT+0.0173%8h34.960−0.077%$6.3M$6.8M50xas long as short