Funding arb · Price arb /

MUBARAK

all MUBARAK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0350%/8hnext payment +$1.75 per $10,000 · paid last 24h +0.082%

Price spread now: Gate against BingX+0.299%7-day average +0.098% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$950.947% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.103%+$10 on $10k

Price spread, last 7 days−0.153%−$15 · spread now +0.299%, 7d avg +0.098%

Together, before fees−0.051%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Gate is 0.201% dearer against BingX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.098%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.103% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.75 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	BingX MUBARAK-USDT	0.04350	0.0372	pay 0.0186% / 4h	6m 20s	—	$3.1M	—
Short	Gate MUBARAK_USDT	0.04363	0.0722	get 0.0361% / 4h	6m 20s	$7.0M	$5.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee GatebpOrdersPrice spread, now +0.299%Rate

Funding earned: $73.5
Price spread: +0.299% → +0.098%: $20.05
Slippage, 4 orders: −$69.7
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1.15
Costs to cover: 0.947%
Break-even: 7.1 days

Slippage from BingX: live order book, 3 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 BingX live order book, 3 min ago	4.58 bp	15.0 bp −$15	46.4 bp −$464	335.2 bp −$33.5K	doesn't fit
Sell Gate live order book, 1 min ago	5.72 bp	31.1 bp −$31	doesn't fit	doesn't fit	doesn't fit

MUBARAK on 11 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
Kraken Futures PF_MUBARAKUSD	−0.1242%	1h	0.04340	−0.235%	$65K	$393K	10x	as long as short
OKX MUBARAK-USDT-SWAP	+0.0100%	4h	0.04349	−0.028%	$2.6M	$50.3M	20x	as long as short
Bitget MUBARAKUSDT	+0.0100%	4h	0.04349	−0.023%	$2.7M	$6.8M	25x	as long as short
Variational Omni MUBARAK	+0.0100%	4h	0.04351	+0.022%	$17K	$47K	—	as long as short
MEXC MUBARAK_USDT	+0.0206%	4h	0.04347	−0.069%	$870K	$1.4M	50x	as long as short
Binance MUBARAKUSDT	+0.0213%	4h	0.04349	−0.025%	$15.9M	$81.5M	25x	as long as short
Aster MUBARAKUSDT	+0.0353%	4h	0.04355	+0.115%	$17K	$371K	5x	as long as short
BingX MUBARAK-USDTlong	+0.0372%	4h	0.04350	long leg	—	$3.1M	—
Bybit MUBARAKUSDT	+0.0373%	4h	0.04348	−0.039%	$3.4M	$10.0M	25x	as long as short
Gate MUBARAK_USDTshort	+0.0722%	4h	0.04363	+0.299%	$7.0M	$5.2M	50x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MUBARAKUSDTM	+0.1638%	4h	0.04365	+0.345%	$1.6M	$894K	30x	as long as short