Funding you earn now, next payment 09:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h −0.017%
Price spread now: Paradex against Arcus+0.033%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.033% dearer against Arcus than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus MU-USD | 1,023.6 | 0.0040 | pay 0.0005% / 1h | 28m 11s | $89K | $243K | 10x |
| Short | Paradex MU-USD-PERP | 1,023.9 | 0.0058 | get 0.0058% / 8h | 7h 28m | $2K | — | 5x |
Arcus MU-USD
Paradex MU-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Arcus. 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
- $3.82
- Price spread: +0.033% → 0.000%
- $3.29
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$1.39
- Costs to cover
- 0.085%
- Break-even
- 9.6 days
Slippage unknown: Arcus: live order book, 5 min ago; Paradex: 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 Arcus live order book, 5 min ago | 1.17 bp | 3.4 bp −$3 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 37 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 | −0.0522% | 4h | 1,025.4 | +0.182% | $1.3M | $696K | 10x | as long as short |
| Bitget MUUSDT | −0.0032% | 8h | 1,024.3 | +0.077% | $19.7M | $40.8M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,024.2 | +0.068% | $20.9M | $69.1M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,024.7 | +0.108% | $121.4M | $548.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,024.8 | +0.120% | $18.6M | $32.4M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,024.8 | +0.120% | $29.0M | $102.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,024.1 | +0.050% | $291K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,024 | +0.044% | $61.5M | $28.2M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,025.8 | +0.216% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,025.3 | +0.172% | $73K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,024.2 | +0.062% | $185K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,025.5 | +0.186% | $11K | $5.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,024.5 | +0.097% | $119K | $491K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,024 | +0.043% | $6.9M | $18.9M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,025.4 | +0.183% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,024.2 | +0.067% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,023.5 | −0.009% | $541K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.717% | $19K | $5K | 12x | as long as short |
| Arcus MU-USDlong | +0.0040% | 1h | 1,023.6 | long leg | $89K | $243K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,023.6 | +0.003% | — | $180K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,023.1 | −0.044% | $165K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,023.7 | +0.015% | $672K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,023.1 | −0.047% | $1.9M | $3.0M | 10x | as long as short |
| Paradex MU-USD-PERPshort | +0.0058% | 8h | 1,023.9 | +0.033% | $2K | — | 5x | |
| Lighter MU | +0.0064% | 1h | 1,024.4 | +0.087% | $986K | $5.0M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,023.9 | +0.035% | $31K | $1K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0087% | 1h | 1,023.9 | +0.034% | $173.2M | $80.2M | 10x | as long as short |
| Nado MU-PERP | +0.0091% | 1h | 1,023.3 | −0.022% | $264K | $814K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,029.2 | +0.552% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,023.3 | −0.028% | $145K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,023.8 | +0.027% | $5.1M | $4.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,024.7 | +0.112% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,023.7 | +0.018% | $814 | $799 | 20x | as long as short |
| Bullet MU-USD | +0.0119% | 1h | 1,024.6 | +0.101% | $25K | $388K | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,024.4 | +0.086% | $1.5M | $2.2M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,024.2 | +0.064% | $524K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0551% | 1h | 1,024.4 | +0.079% | $72K | $629K | 10x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
QFEX MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Lighter MU
Aevo MU-PERP
tradeXYZ xyz:MU
Nado MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bullet MU-USD
BloFin MU-USDT
Phoenix MU
Deribit MU_USDC-PERPETUAL