Funding you earn now, next payment 08:00 UTC−0.0139%/8h= −15.2% APRnext payment −$1.39 per $10,000 · paid last 24h −0.065%
Price spread now: OKX against Gate+0.028%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days−0.045%−$5 · spread now +0.028%, 7d avg −0.002%
=The price spread pays, funding is against you. OKX is 0.029% dearer against Gate than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.002%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 7 days funding on this pair paid +0.063%, 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 | 35.810 | 0.0139 | pay 0.0139% / 8h | 6h 03m | $616K | $1.8M | 20x |
| Short | OKX MUU-USDT-SWAP | 35.820 | 0 | get 0.0000% / 8h | 6h 03m | $1.0M | $4.4M | 20x |
Gate MUU_USDT
OKX MUU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$29.19
- Price spread: +0.028% → −0.002%
- $2.95
- Slippage, 4 orders
- −$35.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.46
- Costs to cover
- 0.602%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; OKX: live order book, 4 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 | 2.79 bp | 11.6 bp −$12 | 64.7 bp −$647 | 92.5 bp −$9,245 | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.79 bp | 14.6 bp −$15 | 43.9 bp −$439 | 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 | 35.792 | −0.050% | $11K | $43K | 20x | as long as short |
| Bybit MUUUSDT | 0.0000% | 8h | 35.780 | −0.084% | $1.2M | $3.1M | 25x | as long as short |
| OKX MUU-USDT-SWAPshort | 0.0000% | 8h | 35.820 | +0.028% | $1.0M | $4.4M | 20x | |
| Bitget MUUUSDT | 0.0000% | 8h | 35.803 | −0.020% | $4.6M | $4.6M | 20x | as long as short |
| HTX MUU-USDT | 0.0000% | 8h | 35.810 | 0.000% | $9K | $8K | 10x | as long as short |
| KuCoin MUUUSDTM | +0.0100% | 8h | 35.770 | −0.112% | $79K | $30K | 20x | as long as short |
| Gate MUU_USDTlong | +0.0139% | 8h | 35.810 | long leg | $616K | $1.8M | 20x | |
| MEXC MUU_USDT | +0.0296% | 8h | 35.820 | +0.028% | $5.3M | $6.3M | 50x | as long as short |
| Binance MUUUSDT | +0.0298% | 8h | 35.820 | +0.028% | $6.4M | $92.4M | 25x | as long as short |
Aster MUUUSDT
Bybit MUUUSDT
Bitget MUUUSDT
HTX MUU-USDT
KuCoin MUUUSDTM
MEXC MUU_USDT
Binance MUUUSDT