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−0.0485%/8h= −53.1% APRnext payment $4.85 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against HTX−0.088%56s7-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 5 days (all we have)no history yet
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 −$15 a day on $10k at the current rate, and Bitget is 0.088% cheaper against HTX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX MUU-USDT35.1000get 0.0000% / 8h2h 37m$8K$11K10x
ShortBitget MUUUSDT35.069−0.0485pay 0.0485% / 8h2h 37m$4.6M$4.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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
−$101.85
Price spread: −0.088% → 0.000%
−$8.83
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$134.68
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Bitget: live order book, 1 min ago. 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 HTX no order-book sample
Sell Bitget live order book, 1 min ago1.28 bp15.5 bp −$1635.2 bp −$35254.8 bp −$5,485doesn't fit
HTX: 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
Bitget MUUUSDTshort−0.0485%8h35.069−0.088%$4.6M$4.6M20x
Aster MUUUSDT0.0000%8h35.030−0.199%$11K$43K20xas long as short
Bybit MUUUSDT0.0000%8h35.060−0.114%$1.2M$3.1M25xas long as short
OKX MUU-USDT-SWAP0.0000%8h35.040−0.171%$987K$4.4M20xas long as short
Gate MUU_USDT0.0000%8h35.050−0.142%$592K$1.8M20xas long as short
HTX MUU-USDTlong0.0000%8h35.100long leg$8K$11K10x
KuCoin MUUUSDTM+0.0100%8h35.050−0.142%$76K$28K20xas long as short
MEXC MUU_USDT+0.0269%8h35.070−0.085%$5.2M$6.3M50xas long as short
Binance MUUUSDT+0.0273%8h35.070−0.085%$6.1M$94.5M25xas long as short