Funding you earn now, next payment 08:00 UTC−0.0309%/8h= −33.8% APRnext payment −$3.09 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC−0.037%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now −0.037%, 7d avg −0.009%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bitget is 0.028% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.131%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.131% in total (about 6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.09 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 | MEXC MUU_USDT | 35.570 | 0.0309 | pay 0.0309% / 8h | 3h 29m | $5.3M | $6.3M | 50x |
| Short | Bitget MUUUSDT | 35.557 | 0 | get 0.0000% / 8h | 3h 29m | $4.6M | $4.7M | 20x |
MEXC MUU_USDT
Bitget MUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- −$64.89
- Price spread: −0.037% → −0.009%
- −$2.75
- Slippage, 4 orders
- −$17.33
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$96.98
- Costs to cover
- 0.293%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 3 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 MEXC live order book, 3 min ago | 1.41 bp | 1.4 bp −$1 | 1.4 bp −$14 | 8.1 bp −$813 | 78.4 bp −$39.2K |
| Sell Bitget live order book, 3 min ago | 0.85 bp | 16.9 bp −$17 | 28.4 bp −$284 | 39.5 bp −$3,954 | 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 | 35.565 | −0.013% | $11K | $43K | 20x | as long as short |
| Bybit MUUUSDT | 0.0000% | 8h | 35.570 | 0.000% | $1.2M | $3.1M | 25x | as long as short |
| OKX MUU-USDT-SWAP | 0.0000% | 8h | 35.540 | −0.084% | $1.0M | $4.4M | 20x | as long as short |
| Bitget MUUUSDTshort | 0.0000% | 8h | 35.557 | −0.037% | $4.6M | $4.7M | 20x | |
| HTX MUU-USDT | 0.0000% | 8h | 35.510 | −0.169% | $8K | $11K | 10x | as long as short |
| KuCoin MUUUSDTM | +0.0100% | 8h | 35.570 | 0.000% | $78K | $29K | 20x | as long as short |
| Gate MUU_USDT | +0.0141% | 8h | 35.570 | 0.000% | $604K | $1.8M | 20x | as long as short |
| Binance MUUUSDT | +0.0308% | 8h | 35.560 | −0.028% | $6.0M | $92.9M | 25x | as long as short |
| MEXC MUU_USDTlong | +0.0309% | 8h | 35.570 | long leg | $5.3M | $6.3M | 50x |
Aster MUUUSDT
Bybit MUUUSDT
OKX MUU-USDT-SWAP
HTX MUU-USDT
KuCoin MUUUSDTM
Gate MUU_USDT
Binance MUUUSDT