Funding you earn now, next payment 16:00 UTC+0.0051%/8h= +5.5% APRnext payment +$0.51 per $10,000 · paid last 24h +0.013%
Price spread now: Binance against OKX−0.023%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now −0.023%, 7d avg +0.014%
=Funding pays, the price is against you. Binance is 0.037% cheaper against OKX than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.014%). If the spread goes back, that is −$4 on $10k: about 2.4 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MUU-USDT-SWAP | 34.380 | 0 | get 0.0000% / 8h | 7h 37m | $946K | $4.4M | 20x |
| Short | Binance MUUUSDT | 34.372 | 0.0051 | get 0.0051% / 8h | 7h 37m | $6.2M | $100.6M | 25x |
OKX MUU-USDT-SWAP
Binance MUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $10.61
- Price spread: −0.023% → +0.014%
- −$3.67
- Slippage, 4 orders
- −$24.92
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$37.98
- Costs to cover
- 0.449%
- Break-even
- 32.1 days
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 5 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 OKX live order book, 5 min ago | 1.45 bp | 11.7 bp −$12 | 42.5 bp −$425 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.45 bp | 7.6 bp −$8 | 18.1 bp −$181 | 126.5 bp −$12.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUUUSDT | −0.0754% | 8h | 34.376 | −0.012% | $4.6M | $5.0M | 20x | as long as short |
| Aster MUUUSDT | 0.0000% | 8h | 34.342 | −0.110% | $11K | $44K | 20x | as long as short |
| Bybit MUUUSDT | 0.0000% | 8h | 34.360 | −0.058% | $1.2M | $3.2M | 25x | as long as short |
| OKX MUU-USDT-SWAPlong | 0.0000% | 8h | 34.380 | long leg | $946K | $4.4M | 20x | |
| Gate MUU_USDT | 0.0000% | 8h | 34.370 | −0.029% | $565K | $1.8M | 20x | as long as short |
| HTX MUU-USDT | 0.0000% | 8h | 34.400 | +0.058% | $8K | $9K | 10x | as long as short |
| MEXC MUU_USDT | +0.0050% | 8h | 34.360 | −0.058% | $6.7M | $7.0M | 50x | as long as short |
| Binance MUUUSDTshort | +0.0051% | 8h | 34.372 | −0.023% | $6.2M | $100.6M | 25x | |
| KuCoin MUUUSDTM | +0.0100% | 8h | 34.350 | −0.087% | $75K | $83K | 20x | as long as short |
Bitget MUUUSDT
Aster MUUUSDT
Bybit MUUUSDT
Gate MUU_USDT
HTX MUU-USDT
MEXC MUU_USDT
KuCoin MUUUSDTM