M

Alert

Funding spread now, next payment 20:00 UTC−0.0474%/8h

next payment, per $10,000−$2.37paid, last 24h−0.093%paid, last 3 days−0.400%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC M_USDT	1.4812	0.0574	pay 0.0287% / 4h	2h 20m	$248K	$120K	50x
Short	Variational Omni M	1.4840	0.0100	get 0.0050% / 4h	2h 20m	$91K	$44K	—

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee Variational OmnibpOrdersRate

Funding earned: −$99.54
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$103.54
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 1 min ago; Variational Omni: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.187%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 1 min ago	0.34 bp	31.7 bp −$32	50.3 bp −$503	141.9 bp −$14.2K	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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.

M on 12 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit MUSDT	+0.0100%	4h	$4.7M	$2.7M	20x	as long as short
Gate M_USDT	+0.0100%	8h	$2.0M	$1.0M	10x	as long as short
Bitget MUSDT	+0.0100%	4h	$1.9M	$418K	10x	as long as short
Variational Omni Mshort	+0.0100%	4h	$91K	$44K	—
Orderly PERP_M_USDC	+0.0100%	4h	$2K	$219	10x	as long as short
SunX M-USDT	+0.0100%	4h	$2K	$508K	20x	as long as short
Aster MUSDT	+0.0394%	4h	$16K	$121K	5x	as long as short
BingX M-USDT	+0.0560%	4h	—	$2.4M	—	as long as short
Binance MUSDT	+0.0562%	4h	$5.5M	$5.2M	10x	as long as short
MEXC M_USDTlong	+0.0574%	4h	$248K	$120K	50x

Show all 12 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin M-USDT	+0.0589%	4h	$361K	$453K	10x	as long as short
KuCoin MUSDTM	+0.1958%	4h	$1.4M	$4.2M	10x	as long as short