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−0.0199%/8h= −21.8% APRnext payment $1.99 per $10,000 · paid last 24h −0.035%
Price spread now: KuCoin against Gate−0.056%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+0.232%+$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.056% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.232%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MUU_USDT35.9400.0299pay 0.0299% / 8h4h 17m$600K$1.8M20x
ShortKuCoin MUUUSDTM35.9200.0100get 0.0100% / 8h4h 17m$78K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
−$41.79
Price spread: −0.056% → 0.000%
−$5.56
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$74.35
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago2.78 bp16.7 bp −$1759.6 bp −$59687.9 bp −$8,787doesn'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
Aster MUUUSDT0.0000%8h35.941+0.002%$11K$43K20xas long as short
Bybit MUUUSDT0.0000%8h35.950+0.028%$1.2M$3.0M25xas long as short
HTX MUU-USDT0.0000%8h36.060+0.334%$8K$10K10xas long as short
OKX MUU-USDT-SWAP+0.0017%8h35.960+0.056%$1.1M$4.5M20xas long as short
KuCoin MUUUSDTMshort+0.0100%8h35.920−0.056%$78K$29K20x
Bitget MUUUSDT+0.0102%8h35.933−0.019%$4.7M$4.6M20xas long as short
Gate MUU_USDTlong+0.0299%8h35.940long leg$600K$1.8M20x
MEXC MUU_USDT+0.0353%8h35.9400.000%$5.2M$6.1M50xas long as short
Binance MUUUSDT+0.0354%8h35.950+0.028%$6.0M$92.4M25xas long as short