Funding arb · Price arb /

MYX

all MYX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0326%/8h= +35.7% APRpaid last 24h +0.019%

Price spread now: Binance against Gate+0.429%7-day average +0.460% · you sell dearer than you buy

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1291.290% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 7 days+0.138%+$14 · spread now +0.429%, 7d avg +0.460%

Together, before fees+0.246%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.031% cheaper against Gate than usual: you would sell low and buy high (spread +0.429% now, against its 7-day average of +0.460%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.109% in total) that is about 47 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.109% in total (about 5.7% a year). A funding rate is set anew for every payment. 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	Gate MYX_USDT	0.08150	0.0100	pay 0.0100% / 8h	47m 18s	$1.3M	$563K	10x
Short	Binance MYXUSDT	0.08185	0.0426	get 0.0213% / 4h	47m 18s	$7.7M	$10.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.429%Rate

Funding earned: $68.4
Price spread: +0.429% → +0.460%: −$3.05
Slippage, 4 orders: −$103.97
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.62
Costs to cover: 1.290%
Break-even: 13.5 days

Slippage from Gate: live order book, 5 min ago; Binance: live order book, 8 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 Gate live order book, 5 min ago	12.28 bp	40.4 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	2.45 bp	28.0 bp −$28	218.7 bp −$2,187	doesn't fit	doesn't fit

MYX on 13 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
Lighter MYX	+0.0096%	1h	0.08180	+0.368%	$37K	$26K	3x	as long as short
Gate MYX_USDTlong	+0.0100%	8h	0.08150	long leg	$1.3M	$563K	10x
KuCoin MYXUSDTM	+0.0100%	4h	0.08141	−0.110%	$2.6M	$7.5M	10x	as long as short
Bitget MYXUSDT	+0.0100%	4h	0.08172	+0.270%	$2.4M	$1.4M	10x	as long as short
Variational Omni MYX	+0.0100%	4h	0.08146	−0.049%	$7K	$62K	—	as long as short
ApeX Omni MYXUSDT	+0.0100%	1h	0.08170	+0.245%	$22K	$249K	50x	as long as short
SunX MYX-USDT	+0.0100%	4h	0.08191	+0.503%	$2K	$648K	20x	as long as short
HTX MYX-USDT	+0.0100%	4h	0.08115	−0.429%	$37K	$139K	20x	as long as short
MEXC MYX_USDT	+0.0418%	4h	0.08185	+0.429%	$12.2M	$1.9M	50x	as long as short
Binance MYXUSDTshort	+0.0426%	4h	0.08185	+0.429%	$7.7M	$10.6M	10x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MYX-USDT	+0.0474%	4h	0.08174	+0.294%	—	$6.8M	—	as long as short
Aster MYXUSDT	+0.0534%	4h	0.08160	+0.129%	$53K	$113K	5x	as long as short
Bybit MYXUSDT	+0.0539%	4h	0.08154	+0.049%	$3.9M	$3.1M	13x	as long as short