Funding you earn now, next payment 08:00 UTC−0.0127%/8h= −13.9% APRnext payment −$1.27 per $10,000 · paid last 24h −0.020%
Price spread now: OKX against Binance−0.008%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.216% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 2 days (all we have)+0.002%$0 · spread now −0.008%, 7d avg 0.000%
=The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUUSDT | 1,050 | 0.0224 | pay 0.0224% / 8h | 7h 30m | $126.0M | $524.2M | 50x |
| Short | OKX MU-USDT-SWAP | 1,049.9 | 0.0097 | get 0.0097% / 8h | 7h 30m | $30.9M | $101.9M | 50x |
Binance MUUSDT
OKX MU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$26.72
- Price spread: −0.008% → 0.000%
- −$0.73
- Slippage, 4 orders
- −$1.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$49.09
- Costs to cover
- 0.216%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; OKX: live order book, 3 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, 13 min ago | 0.05 bp | 5.3 bp −$5 | 6.9 bp −$69 | 18.9 bp −$1,888 | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.05 bp | 5.8 bp −$6 | 7.5 bp −$75 | 20.7 bp −$2,069 | 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 | −0.0111% | 4h | 1,049.2 | −0.071% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.7 | −0.024% | $62.8M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.9 | −0.107% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,051.2 | +0.113% | $11K | $6.2M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,049.5 | −0.050% | $129K | $425K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,049.4 | −0.061% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,049.7 | −0.030% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.6 | −0.034% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.130% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.3 | +0.027% | — | $179K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.7 | −0.028% | $171K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.8 | −0.117% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,049.7 | −0.030% | $7.8M | $22.6M | 10x | as long as short |
| Nado MU-PERP | +0.0077% | 1h | 1,049.2 | −0.071% | $275K | $858K | 10x | as long as short |
| SoDEX MU-USD | +0.0087% | 1h | 1,049.5 | −0.048% | $689K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0090% | 8h | 1,049.8 | −0.022% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAPshort | +0.0097% | 8h | 1,049.9 | −0.008% | $30.9M | $101.9M | 50x | |
| Pacifica MU | +0.0100% | 1h | 1,049.9 | −0.004% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.5 | −0.050% | $5.3M | $3.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,048.8 | −0.110% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,049.6 | −0.042% | $834 | $799 | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0103% | 1h | 1,049.4 | −0.060% | $64K | $302K | 10x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,049.4 | −0.055% | $32K | $1K | 10x | as long as short |
| Bybit MUUSDT | +0.0180% | 8h | 1,050.2 | +0.018% | $19.1M | $32.5M | 100x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,048.4 | −0.155% | $759K | $1.2M | 10x | as long as short |
| Variational Omni MU | +0.0211% | 8h | 1,049.7 | −0.029% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0219% | 8h | 1,049.2 | −0.072% | $21.6M | $48.3M | 20x | as long as short |
| Binance MUUSDTlong | +0.0224% | 8h | 1,050 | long leg | $126.0M | $524.2M | 50x | |
| Arcus MU-USD | +0.0240% | 1h | 1,049.2 | −0.075% | $71K | $243K | 10x | as long as short |
| Bullet MU-USD | +0.0245% | 1h | 1,049.8 | −0.018% | $26K | $395K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0281% | 1h | 1,049.6 | −0.037% | $178.0M | $101.1M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,049.9 | −0.009% | $316K | $339K | 20x | as long as short |
| Bitget MUUSDT | +0.0331% | 8h | 1,049.9 | −0.011% | $20.6M | $41.6M | 50x | as long as short |
| BloFin MU-USDT | +0.0342% | 8h | 1,049.6 | −0.033% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,048.3 | −0.161% | $536K | $306K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0416% | 1h | 1,049.2 | −0.078% | $566K | $1.2M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0570% | 8h | 1,048.5 | −0.141% | $83K | $1.3M | 10x | as long as short |
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Nado MU-PERP
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Deribit MU_USDC-PERPETUAL
Aevo MU-PERP
Bybit MUUSDT
Coinbase International MU-PERP-INTX
Variational Omni MU
Aster MUUSD1
Arcus MU-USD
Bullet MU-USD
tradeXYZ xyz:MU
RISEx MU/USDC
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU
Extended MU_24_5-USD
GRVT MU_USDT_Perp