Funding you earn now, next payment 08:00 UTC−0.0152%/8h= −16.6% APRnext payment −$1.52 per $10,000 · paid last 24h −0.065%
Price spread now: Bybit against Gate+0.028%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$910.913% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.028%, 7d avg +0.008%
=The price spread pays, funding is against you. Bybit is 0.020% dearer against Gate than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of +0.008%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.124%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MUU_USDT | 35.880 | 0.0152 | pay 0.0152% / 8h | 5h 15m | $599K | $1.8M | 20x |
| Short | Bybit MUUUSDT | 35.890 | 0 | get 0.0000% / 8h | 5h 15m | $1.2M | $3.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$31.92
- Price spread: +0.028% → +0.008%
- $2.03
- Slippage, 4 orders
- −$65.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$121.15
- Costs to cover
- 0.913%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 2 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, 3 min ago | 1.39 bp | 23.3 bp −$23 | 74.6 bp −$746 | 85.9 bp −$8,586 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.79 bp | 13.9 bp −$14 | 54.0 bp −$540 | doesn't fit | 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 | 35.894 | +0.039% | $11K | $43K | 20x | as long as short |
| Bybit MUUUSDTshort | 0.0000% | 8h | 35.890 | +0.028% | $1.2M | $3.0M | 25x | |
| OKX MUU-USDT-SWAP | 0.0000% | 8h | 35.880 | 0.000% | $1.0M | $4.4M | 20x | as long as short |
| Bitget MUUUSDT | 0.0000% | 8h | 35.888 | +0.022% | $4.7M | $4.6M | 20x | as long as short |
| HTX MUU-USDT | 0.0000% | 8h | 35.790 | −0.251% | $8K | $10K | 10x | as long as short |
| KuCoin MUUUSDTM | +0.0100% | 8h | 35.880 | 0.000% | $78K | $30K | 20x | as long as short |
| Gate MUU_USDTlong | +0.0152% | 8h | 35.880 | long leg | $599K | $1.8M | 20x | |
| Binance MUUUSDT | +0.0360% | 8h | 35.900 | +0.056% | $6.4M | $92.3M | 25x | as long as short |
| MEXC MUU_USDT | +0.0361% | 8h | 35.890 | +0.028% | $5.2M | $6.2M | 50x | as long as short |
Gate MUU_USDT
Bybit MUUUSDT
Aster MUUUSDT
OKX MUU-USDT-SWAP
Bitget MUUUSDT
HTX MUU-USDT
KuCoin MUUUSDTM
Binance MUUUSDT
MEXC MUU_USDT