Funding you earn now, next payment 08:00 UTC+0.0281%/8h= +30.8% APRnext payment +$2.81 per $10,000 · paid last 24h −0.065%
Price spread now: Binance against Gate−0.062%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now −0.062%, 7d avg +0.015%
=Funding pays, the price is against you. Binance is 0.077% cheaper against Gate than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of +0.015%). If the spread goes back, that is −$8 on $10k: about 22 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.122% in total) that is about 4.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.122% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.81 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 | Gate MUU_USDT | 35.200 | 0 | get 0.0000% / 8h | 1h 58m | $576K | $1.9M | 20x |
| Short | Binance MUUUSDT | 35.178 | 0.0281 | get 0.0281% / 8h | 1h 58m | $6.2M | $96.8M | 25x |
Gate MUU_USDT
Binance MUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $59.11
- Price spread: −0.062% → +0.015%
- −$7.69
- Slippage, 4 orders
- −$42.92
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$16.49
- Costs to cover
- 0.679%
- Break-even
- 9.0 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 14 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 Gate live order book, 4 min ago | 2.85 bp | 27.6 bp −$28 | 76.0 bp −$760 | 86.8 bp −$8,685 | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.42 bp | 8.4 bp −$8 | 16.4 bp −$164 | 100.0 bp −$10.0K | 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 MUUUSDT | −0.0832% | 8h | 35.186 | −0.040% | $4.7M | $4.8M | 20x | as long as short |
| Aster MUUUSDT | 0.0000% | 8h | 35.149 | −0.144% | $11K | $43K | 20x | as long as short |
| Bybit MUUUSDT | 0.0000% | 8h | 35.170 | −0.085% | $1.2M | $3.1M | 25x | as long as short |
| OKX MUU-USDT-SWAP | 0.0000% | 8h | 35.180 | −0.057% | $985K | $4.5M | 20x | as long as short |
| Gate MUU_USDTlong | 0.0000% | 8h | 35.200 | long leg | $576K | $1.9M | 20x | |
| HTX MUU-USDT | 0.0000% | 8h | 35.160 | −0.114% | $8K | $11K | 10x | as long as short |
| KuCoin MUUUSDTM | +0.0100% | 8h | 35.110 | −0.256% | $76K | $28K | 20x | as long as short |
| Binance MUUUSDTshort | +0.0281% | 8h | 35.178 | −0.062% | $6.2M | $96.8M | 25x | |
| MEXC MUU_USDT | +0.0283% | 8h | 35.160 | −0.114% | $5.6M | $6.5M | 50x | as long as short |
Bitget MUUUSDT
Aster MUUUSDT
Bybit MUUUSDT
OKX MUU-USDT-SWAP
HTX MUU-USDT
KuCoin MUUUSDTM
MEXC MUU_USDT