Funding you earn now, next payment 00:00 UTC+0.0129%/8h= +14.1% APRnext payment +$1.29 per $10,000 · paid last 24h +0.018%
Price spread now: Bybit against Bitget+0.038%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.038%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.047% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.073%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUUSDT | 1,044.3 | 0.0088 | pay 0.0088% / 8h | 1h 37m | $20.4M | $42.9M | 50x |
| Short | Bybit MUUSDT | 1,044.7 | 0.0217 | get 0.0217% / 8h | 1h 37m | $19.1M | $32.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $27.13
- Price spread: +0.038% → −0.009%
- $4.75
- Slippage, 4 orders
- −$4.76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $4.12
- Costs to cover
- 0.278%
- Break-even
- 5.9 days
Slippage from Bitget: live order book, 1 min ago; Bybit: 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 Bitget live order book, 1 min ago | 0.19 bp | 7.6 bp −$8 | 10.5 bp −$105 | 19.7 bp −$1,973 | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.29 bp | 6.5 bp −$6 | 10.9 bp −$109 | 28.7 bp −$2,866 | 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 | −0.0233% | 4h | 1,044 | −0.033% | $1.3M | $672K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,044.3 | −0.008% | $62.9M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,043.2 | −0.106% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.3 | +0.189% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,044.1 | −0.022% | $125K | $441K | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.0014% | 8h | 1,044.3 | 0.000% | $30.7M | $104.6M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,043.5 | −0.084% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,044.1 | −0.019% | $1.1M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.610% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,044.1 | −0.028% | — | $193K | 25x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,044 | −0.033% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,044.4 | +0.004% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,043.3 | −0.101% | $2.0M | $2.7M | 10x | as long as short |
| Aster MUUSD1 | +0.0051% | 8h | 1,045 | +0.060% | $21.5M | $47.4M | 20x | as long as short |
| QFEX MU-USD | +0.0071% | 1h | 1,044.3 | −0.003% | $7.8M | $24.2M | 10x | as long as short |
| Bitget MUUSDTlong | +0.0088% | 8h | 1,044.3 | long leg | $20.4M | $42.9M | 50x | |
| Pacifica MU | +0.0100% | 1h | 1,044 | −0.036% | $154K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.6 | −0.072% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.5 | −0.078% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,044.4 | +0.005% | $830 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,044.2 | −0.013% | $33K | — | 10x | as long as short |
| Variational Omni MU | +0.0115% | 8h | 1,044 | −0.037% | $2.6M | $2.7M | — | as long as short |
| Paradex MU-USD-PERP | +0.0124% | 8h | 1,044.2 | −0.013% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0138% | 8h | 1,044.5 | +0.015% | $124.9M | $536.9M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.9 | −0.039% | $756K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0192% | 1h | 1,044.3 | −0.006% | $1.0M | $4.8M | 20x | as long as short |
| Nado MU-PERP | +0.0196% | 1h | 1,043.5 | −0.082% | $303K | $847K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0199% | 8h | 1,044.1 | −0.018% | $82K | $1.4M | 10x | as long as short |
| Bybit MUUSDTshort | +0.0217% | 8h | 1,044.7 | +0.038% | $19.1M | $32.6M | 100x | |
| Bullet MU-USD | +0.0253% | 1h | 1,044.5 | +0.019% | $26K | $398K | 10x | as long as short |
| BloFin MU-USDT | +0.0257% | 8h | 1,044.5 | +0.016% | $1.5M | $2.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0343% | 1h | 1,044.1 | −0.023% | $176.5M | $107.0M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044.2 | −0.013% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.8 | −0.055% | $63K | $230K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0459% | 1h | 1,044.2 | −0.018% | $61K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,044.6 | +0.023% | $285K | $333K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0624% | 1h | 1,043.2 | −0.105% | $541K | $1.1M | 10x | as long as short |
Bitget MUUSDT
Bybit MUUSDT
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
OKX MU-USDT-SWAP
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Aster MUUSD1
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Variational Omni MU
Paradex MU-USD-PERP
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
GRVT MU_USDT_Perp
Bullet MU-USD
BloFin MU-USDT
tradeXYZ xyz:MU
Phoenix MU
Deribit MU_USDC-PERPETUAL
RISEx MU/USDC
Extended MU_24_5-USD