Funding you earn now, next payment 08:00 UTC+0.0282%/8h= +30.9% APRnext payment +$2.82 per $10,000 · paid last 24h +0.065%
Price spread now: Gate against OKX+0.112%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$900.902% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.112%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Gate is 0.111% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.82 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 | OKX MUU-USDT-SWAP | 35.760 | 0 | get 0.0000% / 8h | 7h 36m | $919K | $4.3M | 20x |
| Short | Gate MUU_USDT | 35.800 | 0.0282 | get 0.0282% / 8h | 7h 36m | $589K | $1.8M | 20x |
OKX MUU-USDT-SWAP
Gate MUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $59.22
- Price spread: +0.112% → +0.001%
- $11.07
- Slippage, 4 orders
- −$65.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$19.95
- Costs to cover
- 0.902%
- Break-even
- 9.4 days
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 2.79 bp | 11.8 bp −$12 | 33.9 bp −$339 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.79 bp | 45.8 bp −$46 | 56.6 bp −$566 | 62.7 bp −$6,269 | 100.1 bp −$50.0K |
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 | 35.794 | +0.095% | $11K | $43K | 20x | as long as short |
| OKX MUU-USDT-SWAPlong | 0.0000% | 8h | 35.760 | long leg | $919K | $4.3M | 20x | |
| Bitget MUUUSDT | 0.0000% | 8h | 35.777 | +0.048% | $4.6M | $4.5M | 20x | as long as short |
| HTX MUU-USDT | 0.0000% | 8h | 35.740 | −0.056% | $9K | $8K | 10x | as long as short |
| KuCoin MUUUSDTM | +0.0100% | 8h | 35.820 | +0.168% | $79K | $31K | 20x | as long as short |
| MEXC MUU_USDT | +0.0113% | 8h | 35.780 | +0.056% | $5.6M | $6.7M | 50x | as long as short |
| Binance MUUUSDT | +0.0117% | 8h | 35.780 | +0.056% | $6.0M | $91.1M | 25x | as long as short |
| Bybit MUUUSDT | +0.0140% | 8h | 35.810 | +0.140% | $1.2M | $3.1M | 25x | as long as short |
| Gate MUU_USDTshort | +0.0282% | 8h | 35.800 | +0.112% | $589K | $1.8M | 20x |
Aster MUUUSDT
Bitget MUUUSDT
HTX MUU-USDT
KuCoin MUUUSDTM
MEXC MUU_USDT
Binance MUUUSDT
Bybit MUUUSDT