Funding you earn now, next payment 08:00 UTC−0.0729%/8h= −79.8% APRpaid last 24h −0.015%
Price spread now: edgeX against Binance+0.149%50s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs+$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$210.208% of the position
Funding, last 7 days+0.683%+$68 on $10k
+Price spread, last 7 days−0.183%−$18 · spread now +0.149%, 7d avg −0.036%
=Together, before fees+0.500%+ Points / potential airdropedgeX: Active · farm board+$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.185% dearer against Binance than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of −0.036%): +$18 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 20 hours. Mind the row above: over the last 7 days funding on this pair paid +0.683%, so the current rate has only just turned against you. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUUSDT | 1,037.2 | 0 | get 0.0000% / 8h | 1h 04m | $122.1M | $538.8M | 50x |
| Short | edgeX MUUSDC | 1,038.8 | −0.0729 | pay 0.0364% / 4h | 1h 04m | $1.3M | $672K | 10x |
Binance MUUSDT
edgeX MUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$153
- Price spread: +0.149% → −0.036%
- $18.47
- Slippage, 4 orders
- −$1.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$155.34
- Costs to cover
- 0.208%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; edgeX: live order book, 4 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, 9 min ago | 0.05 bp | 5.3 bp −$5 | 6.8 bp −$68 | 19.0 bp −$1,903 | doesn't fit |
| Sell edgeX live order book, 4 min ago | 0.29 bp | 4.9 bp −$5 | 6.7 bp −$67 | 29.2 bp −$2,915 | 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 MUUSDCshort | −0.0729% | 4h | 1,038.8 | +0.149% | $1.3M | $672K | 10x | |
| Bitget MUUSDT | −0.0145% | 8h | 1,037.6 | +0.031% | $20.2M | $40.4M | 50x | as long as short |
| Nado MU-PERP | −0.0007% | 1h | 1,037.8 | +0.055% | $279K | $810K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.5 | +0.022% | $21.2M | $63.3M | 20x | as long as short |
| Binance MUUSDTlong | 0.0000% | 8h | 1,037.2 | long leg | $122.1M | $538.8M | 50x | |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.2 | 0.000% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.2 | −0.007% | $29.7M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.2 | −0.003% | $313K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.3 | +0.005% | $61.4M | $28.7M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.4 | +0.115% | $2.5M | $2.5M | — | as long as short |
Bitget MUUSDT
Nado MU-PERP
Aster MUUSD1
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,039.1 | +0.184% | $84K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,038.6 | +0.134% | $188K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,037.8 | +0.055% | $24K | $390K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.8 | +0.245% | $11K | $5.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.5 | +0.021% | $128K | $441K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0014% | 1h | 1,038.1 | +0.084% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,037.2 | −0.002% | $1.0M | $5.0M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037.1 | −0.012% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.3 | −0.093% | $537K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,036.8 | −0.045% | $7.0M | $18.7M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.363% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.7 | +0.049% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.1 | +0.081% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036.9 | −0.032% | $176.3M | $85.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.5 | +0.026% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.7 | +0.041% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,038.1 | +0.079% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,037.2 | −0.003% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.3 | +0.009% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.2 | 0.000% | $147K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.1 | −0.014% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039 | +0.173% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.5 | +0.026% | $825 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,038.8 | +0.150% | $734K | $1.2M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0116% | 1h | 1,037.5 | +0.024% | $74K | $579K | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,037.8 | +0.059% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039.2 | +0.190% | $532K | $270K | 15x | as long as short |
GRVT MU_USDT_Perp
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
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
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
Deribit MU_USDC-PERPETUAL
BloFin MU-USDT
Phoenix MU