Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against Binance−0.046%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now −0.046%, 7d avg −0.029%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUUSDT | 1,036.1 | 0 | get 0.0000% / 8h | 7h 57m | $122.4M | $538.0M | 50x |
| Short | Gate MU_USDT | 1,035.7 | 0 | get 0.0000% / 8h | 7h 57m | $62.1M | $27.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.046% → −0.029%
- −$1.7
- Slippage, 4 orders
- −$9.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$36.45
- Costs to cover
- 0.348%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Gate: live order book, 1 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, 16 min ago | 0.05 bp | 6.0 bp −$6 | 7.8 bp −$78 | 18.0 bp −$1,801 | doesn't fit |
| Sell Gate live order book, 1 min ago | 0.82 bp | 12.9 bp −$13 | 23.7 bp −$237 | 36.3 bp −$3,632 | 57.5 bp −$28.8K |
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 | −0.0576% | 4h | 1,037.7 | +0.153% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0119% | 8h | 1,036.7 | +0.052% | $20.0M | $40.4M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,036.2 | +0.006% | $21.2M | $68.3M | 20x | as long as short |
| Binance MUUSDTlong | 0.0000% | 8h | 1,036.1 | long leg | $122.4M | $538.0M | 50x | |
| Bybit MUUSDT | 0.0000% | 8h | 1,036.4 | +0.029% | $18.8M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036.7 | +0.052% | $29.9M | $100.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,036.5 | +0.037% | $312K | $382K | 20x | as long as short |
| Gate MU_USDTshort | 0.0000% | 8h | 1,035.7 | −0.046% | $62.1M | $27.5M | 75x | |
| Variational Omni MU | 0.0000% | 8h | 1,038 | +0.178% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.8 | +0.068% | $80K | $1.4M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,036.8 | +0.059% | $187K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,035.7 | −0.042% | $24K | $388K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.8 | +0.163% | $11K | $5.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.6 | +0.043% | $126K | $483K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,037 | +0.086% | $3K | $43K | 10x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,035.9 | −0.019% | $7.0M | $18.7M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,035.8 | −0.028% | $1.0M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,035.7 | −0.039% | $1.1M | $4.3M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,035.9 | −0.025% | $556K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.469% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,035.9 | −0.025% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,036.2 | +0.005% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036.6 | +0.045% | $176.1M | $80.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.7 | −0.042% | $168K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,036.2 | +0.003% | $680K | $15K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,036.3 | +0.017% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.2 | −0.091% | $1.9M | $2.8M | 10x | as long as short |
| Nado MU-PERP | +0.0060% | 1h | 1,035.4 | −0.069% | $277K | $803K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035.9 | −0.022% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,038.3 | +0.213% | $726K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,035.9 | −0.023% | $144K | $191K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,035.6 | −0.054% | $5.2M | $4.2M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037 | +0.087% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.8 | +0.067% | $824 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,037.3 | +0.108% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,036.9 | +0.074% | $530K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0233% | 1h | 1,036.2 | +0.007% | $74K | $623K | 10x | as long as short |
Binance MUUSDT
Gate MU_USDT
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Variational Omni MU
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
Injective MU/USDC PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU
Deribit MU_USDC-PERPETUAL