Funding you earn now, next payment 08:00 UTC−0.0201%/8h= −22.0% APRnext payment −$2.01 per $10,000 · paid last 24h −0.008%
Price spread now: Bitget against Binance+0.010%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.258% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now +0.010%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.01 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 | Binance MUUSDT | 1,038.7 | 0 | get 0.0000% / 8h | 42m 19s | $122.2M | $538.5M | 50x |
| Short | Bitget MUUSDT | 1,038.9 | −0.0201 | pay 0.0201% / 8h | 42m 19s | $20.2M | $40.1M | 50x |
Binance MUUSDT
Bitget MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$42.21
- Price spread: +0.010% → +0.007%
- $0.31
- Slippage, 4 orders
- −$3.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$67.74
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 2 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 Binance live order book, 2 min ago | 0.05 bp | 5.1 bp −$5 | 7.4 bp −$74 | 15.5 bp −$1,546 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.05 bp | 7.3 bp −$7 | 9.0 bp −$90 | doesn't fit | doesn't fit |
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 | −0.0720% | 4h | 1,037.7 | −0.100% | $1.3M | $674K | 10x | as long as short |
| Bitget MUUSDTshort | −0.0201% | 8h | 1,038.9 | +0.010% | $20.2M | $40.1M | 50x | |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.8 | +0.005% | $21.2M | $65.2M | 20x | as long as short |
| Binance MUUSDTlong | 0.0000% | 8h | 1,038.7 | long leg | $122.2M | $538.5M | 50x | |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.7 | −0.009% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.7 | −0.009% | $29.8M | $100.2M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.8 | +0.001% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.6 | −0.011% | $61.5M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.9 | −0.085% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.5 | −0.118% | $71K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
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 | 1,038.5 | −0.029% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040.6 | +0.179% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.5 | −0.024% | $74K | $601K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.3 | −0.039% | $127K | $462K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,037.2 | −0.148% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038.3 | −0.042% | $7.0M | $18.8M | 10x | as long as short |
| Nado MU-PERP | +0.0029% | 1h | 1,038.6 | −0.011% | $280K | $808K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.4 | −0.031% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038.1 | −0.061% | $545K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.214% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0036% | 1h | 1,038.8 | +0.005% | $25K | $389K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.2 | −0.148% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.4 | −0.033% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.6 | −0.014% | $176.5M | $84.1M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.6 | −0.014% | $169K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.6 | −0.015% | $682K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.4 | −0.128% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,038.3 | −0.042% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0072% | 1h | 1,038.6 | −0.018% | $1.0M | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.4 | −0.030% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.1 | −0.063% | $726K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.2 | −0.058% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.1 | −0.060% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.6 | −0.114% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.5 | −0.026% | $826 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.5 | −0.027% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,037.7 | −0.101% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU