Funding you earn now, next payment 00:00 UTC−0.1198%/8h= −131.2% APRpaid last 24h +0.005%
Price spread now: edgeX against BloFin−0.047%101s7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs+$21as 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−$240.238% of the position
Funding, last 7 days+0.453%+$45 on $10k
+Price spread, last 3 days (all we have)+0.086%+$9 · spread now −0.047%, 7d avg −0.023%
=Together, before fees+0.539%+ Points / potential airdropedgeX: Active · farm board+$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$36 a day on $10k at the current rate, and edgeX is 0.024% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.453%, so the current rate has only just turned against you. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.453% in total (about 23.6% a year). A funding rate is set anew for every payment. 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 | BloFin MU-USDT | 1,045.9 | 0.0309 | pay 0.0309% / 8h | 19m 23s | $1.5M | $2.0M | 20x |
| Short | edgeX MUUSDC | 1,045.4 | −0.0889 | pay 0.0445% / 4h | 19m 23s | $1.3M | $673K | 10x |
BloFin MU-USDT
edgeX MUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- −$251.61
- Price spread: −0.047% → −0.023%
- −$2.36
- Slippage, 4 orders
- −$2.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$277.76
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 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 BloFin live order book, 4 min ago | 0.24 bp | 6.3 bp −$6 | 8.0 bp −$80 | 12.0 bp −$1,198 | doesn't fit |
| Sell edgeX live order book, 4 min ago | 0.34 bp | 5.0 bp −$5 | 6.9 bp −$69 | 29.3 bp −$2,927 | 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 | −0.0889% | 4h | 1,045.4 | −0.047% | $1.3M | $673K | 10x | |
| Gate MU_USDT | 0.0000% | 8h | 1,045.9 | +0.007% | $63.0M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.2 | −0.063% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.8 | +0.190% | $12K | $6.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.8 | −0.002% | $129K | $456K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,045.1 | −0.068% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.8 | −0.009% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.465% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.2 | +0.029% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.7 | −0.014% | $169K | $193K | 10x | as long as short |
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MU-USD | +0.0050% | 1h | 1,046 | +0.016% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045 | −0.083% | $2.0M | $2.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0073% | 8h | 1,046.1 | +0.026% | $30.8M | $105.0M | 50x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,045.7 | −0.011% | $1.0M | $4.9M | 20x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,045.8 | −0.005% | $7.9M | $23.9M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.5 | −0.036% | $153K | $183K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.5 | −0.032% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.8 | −0.001% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.9 | +0.003% | $831 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0111% | 8h | 1,045.7 | −0.018% | $2K | — | 5x | as long as short |
| Bullet MU-USD | +0.0113% | 1h | 1,046.1 | +0.024% | $25K | $394K | 10x | as long as short |
| Bitget MUUSDT | +0.0118% | 8h | 1,046.2 | +0.035% | $20.5M | $43.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.9 | +0.003% | $33K | — | 10x | as long as short |
| Nado MU-PERP | +0.0160% | 1h | 1,045.4 | −0.042% | $271K | $876K | 10x | as long as short |
| Aster MUUSD1 | +0.0162% | 8h | 1,046.2 | +0.036% | $21.5M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0178% | 8h | 1,045.7 | −0.015% | $2.7M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0189% | 8h | 1,046.1 | +0.021% | $124.4M | $532.7M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0196% | 1h | 1,045.8 | −0.005% | $176.7M | $104.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0200% | 1h | 1,046 | +0.011% | $62K | $278K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0220% | 8h | 1,045.5 | −0.031% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | −0.089% | $757K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0266% | 8h | 1,046.2 | +0.031% | $19.2M | $32.4M | 100x | as long as short |
| BloFin MU-USDTlong | +0.0309% | 8h | 1,045.9 | long leg | $1.5M | $2.0M | 20x | |
| Extended MU_24_5-USD | +0.0368% | 1h | 1,045 | −0.081% | $541K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,045.6 | −0.024% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.7 | −0.018% | $70K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,046 | +0.017% | $316K | $339K | 20x | as long as short |
SoDEX MU-USD
Ondo Perps MU-USD.P
OKX MU-USDT-SWAP
Lighter MU
QFEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Paradex MU-USD-PERP
Bullet MU-USD
Bitget MUUSDT
Aevo MU-PERP
Nado MU-PERP
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
tradeXYZ xyz:MU
Deribit MU_USDC-PERPETUAL
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
Extended MU_24_5-USD
Phoenix MU
Arcus MU-USD
RISEx MU/USDC