Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.016%
Price spread now: Injective against ApeX Omni+0.103%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.103% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MUUSDT | 1,050.3 | 0.0100 | pay 0.0013% / 1h | 58m 09s | $71K | $268K | 50x |
| Short | Injective MU/USDC PERP | 1,051.4 | 0.0033 | get 0.0004% / 1h | 58m 09s | $19K | $5K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against ApeX Omni. 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
- −$14
- Price spread: +0.103% → 0.000%
- $10.28
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$13.74
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
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 ApeX Omni live order book, 4 min ago | 6.23 bp | 17.0 bp −$17 | 175.3 bp −$1,753 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.
MU on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0458% | 4h | 1,050.3 | +0.003% | $1.3M | $672K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,050.8 | +0.053% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.5 | +0.016% | $62.1M | $27.4M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.9 | −0.128% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.3 | +0.193% | $11K | $5.9M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050.6 | +0.029% | $129K | $427K | 50x | as long as short |
| Bybit MUUSDT | +0.0002% | 8h | 1,050.6 | +0.033% | $19.2M | $32.5M | 100x | as long as short |
| GRVT MU_USDT_Perp | +0.0011% | 8h | 1,050.4 | +0.016% | $79K | $1.3M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,049.5 | −0.070% | $3K | $45K | 10x | as long as short |
| QFEX MU-USD | +0.0030% | 1h | 1,050.4 | +0.007% | $7.3M | $18.7M | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,050.6 | +0.028% | $1.2M | $4.2M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,049.6 | −0.069% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERPshort | +0.0033% | 1h | 1,051.4 | +0.103% | $19K | $5K | 12x | |
| Arcus MU-USD | +0.0040% | 1h | 1,049.8 | −0.047% | $71K | $235K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0043% | 8h | 1,050.6 | +0.029% | $31.0M | $100.3M | 50x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.9 | +0.062% | — | $175K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,050.4 | +0.011% | $171K | $202K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.8 | −0.042% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0060% | 8h | 1,050.6 | +0.032% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0096% | 1h | 1,050.6 | +0.034% | $1.1M | $4.8M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,049.9 | −0.032% | $756K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.2 | −0.012% | $149K | $187K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.3 | −0.002% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDTlong | +0.0100% | 1h | 1,050.3 | long leg | $71K | $268K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.8 | +0.053% | $835 | $799 | 20x | as long as short |
| Aster MUUSD1 | +0.0120% | 8h | 1,050.6 | +0.026% | $21.7M | $52.0M | 20x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,050.4 | +0.008% | $32K | $1K | 10x | as long as short |
| Nado MU-PERP | +0.0127% | 1h | 1,049.7 | −0.051% | $279K | $851K | 10x | as long as short |
| Variational Omni MU | +0.0151% | 8h | 1,050.2 | −0.008% | $2.7M | $2.4M | — | as long as short |
| SoDEX MU-USD | +0.0162% | 1h | 1,050.4 | +0.010% | $689K | $16K | 10x | as long as short |
| Binance MUUSDT | +0.0170% | 8h | 1,050.5 | +0.022% | $126.7M | $520.7M | 50x | as long as short |
| Bitget MUUSDT | +0.0173% | 8h | 1,050.1 | −0.014% | $20.6M | $41.2M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0198% | 1h | 1,050.1 | −0.017% | $178.3M | $99.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0207% | 1h | 1,050.5 | +0.025% | $66K | $351K | 10x | as long as short |
| Bullet MU-USD | +0.0208% | 1h | 1,050.8 | +0.047% | $26K | $396K | 10x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,050.8 | +0.050% | $537K | $271K | 15x | as long as short |
ApeX Omni MUUSDT
Injective MU/USDC PERP
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Bybit MUUSDT
GRVT MU_USDT_Perp
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
OKX MU-USDT-SWAP
Polymarket Perps MU-USD
Paradex MU-USD-PERP
Lighter MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
Aster MUUSD1
Variational Omni MU
SoDEX MU-USD
Binance MUUSDT
Bitget MUUSDT
tradeXYZ xyz:MU
Deribit MU_USDC-PERPETUAL
Bullet MU-USD
Phoenix MU