Funding you earn now, next payment 09:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.016%
Price spread now: Extended against BloFin−0.133%54s7-day average −0.051% · you buy dearer than you sell
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−$250.253% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 4 days (all we have)+0.316%+$32 · spread now −0.133%, 7d avg −0.051%
=Together, before fees+0.092%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.082% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.051%). Swap the legs. The two prices were read 54 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 | BloFin MU-USDT | 1,025.6 | 0.0120 | pay 0.0120% / 8h | 7h 26m | $1.5M | $2.2M | 20x |
| Short | Extended MU_24_5-USD | 1,024.2 | 0.0032 | get 0.0004% / 1h | 26m 16s | $541K | $1.1M | 10x |
BloFin MU-USDT
Extended MU_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$18.48
- Price spread: −0.133% → −0.051%
- −$8.2
- Slippage, 4 orders
- −$8.34
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$52.03
- Costs to cover
- 0.253%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Extended: live order book, 2 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, 2 min ago | 0.05 bp | 6.8 bp −$7 | 8.6 bp −$86 | 16.2 bp −$1,624 | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.29 bp | 8.2 bp −$8 | 18.0 bp −$180 | doesn't fit | 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 | −0.0522% | 4h | 1,025.4 | −0.018% | $1.3M | $696K | 10x | as long as short |
| Bitget MUUSDT | −0.0022% | 8h | 1,024.9 | −0.068% | $19.6M | $41.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,025.3 | −0.032% | $20.9M | $69.1M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,025.1 | −0.048% | $121.5M | $548.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,025.1 | −0.048% | $18.6M | $32.4M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,025 | −0.060% | $29.1M | $102.3M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,025.3 | −0.024% | $292K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,025 | −0.061% | $61.5M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,025.8 | +0.017% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,025.3 | −0.027% | $73K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,024.9 | −0.070% | $186K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,026.1 | +0.052% | $11K | $5.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,025.1 | −0.053% | $119K | $491K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,025.3 | −0.025% | $6.9M | $18.9M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,025.2 | −0.042% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,024.6 | −0.095% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USDshort | +0.0032% | 1h | 1,024.2 | −0.133% | $541K | $1.1M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.513% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,024.7 | −0.088% | $89K | $243K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,024.9 | −0.069% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,024.4 | −0.116% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,024.5 | −0.102% | $672K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,024.9 | −0.068% | $1.9M | $3.1M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0061% | 8h | 1,025.3 | −0.026% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0072% | 1h | 1,024.9 | −0.066% | $988K | $5.0M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,024.5 | −0.106% | $31K | $1K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0091% | 1h | 1,024.5 | −0.106% | $173.2M | $80.3M | 10x | as long as short |
| Nado MU-PERP | +0.0096% | 1h | 1,024.7 | −0.086% | $264K | $814K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,024.5 | −0.106% | $716K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,025.3 | −0.026% | $145K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,024.7 | −0.089% | $5.1M | $4.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,024.7 | −0.087% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,024.8 | −0.077% | $815 | $799 | 20x | as long as short |
| BloFin MU-USDTlong | +0.0120% | 8h | 1,025.6 | long leg | $1.5M | $2.2M | 20x | |
| Bullet MU-USD | +0.0129% | 1h | 1,025.1 | −0.048% | $25K | $388K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,024.2 | −0.136% | $524K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0336% | 1h | 1,024.8 | −0.076% | $72K | $629K | 10x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
QFEX MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Aevo MU-PERP
tradeXYZ xyz:MU
Nado MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bullet MU-USD
Phoenix MU
Deribit MU_USDC-PERPETUAL