Funding you earn now, next payment 08:00 UTC+0.0308%/8h= +33.7% APRnext payment +$3.08 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.020%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.020%, 7d avg +0.009%
=Funding pays, the price is against you. MEXC is 0.029% cheaper against Bitget than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.009%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.131%, 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 -0.131% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.08 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 | 35.587 | 0 | get 0.0000% / 8h | 3h 29m | $4.6M | $4.7M | 20x |
| Short | MEXC MUU_USDT | 35.580 | 0.0308 | get 0.0308% / 8h | 3h 29m | $5.3M | $6.3M | 50x |
Bitget MUUUSDT
MEXC MUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $64.68
- Price spread: −0.020% → +0.009%
- −$2.87
- Slippage, 4 orders
- −$17.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $32.48
- Costs to cover
- 0.293%
- Break-even
- 3.5 days
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 3 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 | 0.85 bp | 9.6 bp −$10 | 33.3 bp −$333 | 70.1 bp −$7,010 | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.41 bp | 1.4 bp −$1 | 3.6 bp −$36 | 11.9 bp −$1,193 | 50.7 bp −$25.3K |
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 | 35.571 | −0.045% | $11K | $43K | 20x | as long as short |
| Bybit MUUUSDT | 0.0000% | 8h | 35.580 | −0.020% | $1.2M | $3.1M | 25x | as long as short |
| OKX MUU-USDT-SWAP | 0.0000% | 8h | 35.570 | −0.048% | $1.0M | $4.5M | 20x | as long as short |
| Bitget MUUUSDTlong | 0.0000% | 8h | 35.587 | long leg | $4.6M | $4.7M | 20x | |
| HTX MUU-USDT | 0.0000% | 8h | 35.510 | −0.216% | $8K | $11K | 10x | as long as short |
| KuCoin MUUUSDTM | +0.0100% | 8h | 35.570 | −0.048% | $78K | $29K | 20x | as long as short |
| Gate MUU_USDT | +0.0141% | 8h | 35.570 | −0.048% | $604K | $1.8M | 20x | as long as short |
| MEXC MUU_USDTshort | +0.0308% | 8h | 35.580 | −0.020% | $5.3M | $6.3M | 50x | |
| Binance MUUUSDT | +0.0310% | 8h | 35.586 | −0.002% | $6.0M | $92.9M | 25x | as long as short |
Aster MUUUSDT
Bybit MUUUSDT
OKX MUU-USDT-SWAP
HTX MUU-USDT
KuCoin MUUUSDTM
Gate MUU_USDT
Binance MUUUSDT