Funding you earn now, next payment 00:00 UTC−0.0227%/8h= −24.8% APRnext payment −$2.27 per $10,000 · paid last 24h −0.066%
Price spread now: Gate against BloFin−0.057%93s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as 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−$370.371% of the position
Funding, last 7 days−0.416%−$42 on $10k
+Price spread, last 3 days (all we have)+0.137%+$14 · spread now −0.057%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 93 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 | 1,043 | 0.0227 | pay 0.0227% / 8h | 2h 09m | $1.5M | $2.1M | 20x |
| Short | Gate MU_USDT | 1,042.4 | 0 | get 0.0000% / 8h | 2h 09m | $62.9M | $29.1M | 75x |
BloFin MU-USDT
Gate MU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$47.58
- Price spread: −0.057% → −0.039%
- −$1.74
- Slippage, 4 orders
- −$10.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$86.42
- Costs to cover
- 0.371%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 9 min ago; Gate: 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, 9 min ago | 0.10 bp | 7.3 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.96 bp | 12.5 bp −$12 | 17.4 bp −$174 | 32.5 bp −$3,250 | 62.0 bp −$31.0K |
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 | −0.0291% | 4h | 1,043 | −0.002% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,042.9 | −0.008% | $21.5M | $46.4M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,042.5 | −0.049% | $30.7M | $104.2M | 50x | as long as short |
| Gate MU_USDTshort | 0.0000% | 8h | 1,042.4 | −0.057% | $62.9M | $29.1M | 75x | |
| StandX MU-USD | 0.0000% | 1h | 1,042.6 | −0.037% | $188K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,044.5 | +0.139% | $11K | $6.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,042.4 | −0.056% | $125K | $442K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0028% | 1h | 1,042.6 | −0.037% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,042.3 | −0.065% | $1.1M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.737% | $14K | $302 | 12x | as long as short |
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | +0.0046% | 1h | 1,042.2 | −0.076% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,042.2 | −0.079% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,042.5 | −0.055% | $684K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,041.4 | −0.154% | $2.0M | $2.6M | 10x | as long as short |
| QFEX MU-USD | +0.0057% | 1h | 1,042.6 | −0.043% | $7.8M | $24.1M | 10x | as long as short |
| Bitget MUUSDT | +0.0072% | 8h | 1,042.4 | −0.058% | $20.4M | $42.9M | 50x | as long as short |
| Variational Omni MU | +0.0082% | 8h | 1,043 | −0.002% | $2.7M | $2.7M | — | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,041.9 | −0.110% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.2 | −0.077% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,041.9 | −0.107% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,042.6 | −0.043% | $829 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,042.5 | −0.050% | $33K | — | 10x | as long as short |
| Binance MUUSDT | +0.0107% | 8h | 1,042.6 | −0.041% | $124.7M | $540.4M | 50x | as long as short |
| Paradex MU-USD-PERP | +0.0118% | 8h | 1,042.5 | −0.050% | $2K | — | 5x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,043.8 | +0.077% | $756K | $1.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0172% | 1h | 1,042.4 | −0.061% | $59K | $227K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0176% | 8h | 1,043.2 | +0.014% | $82K | $1.4M | 10x | as long as short |
| Bybit MUUSDT | +0.0188% | 8h | 1,042.7 | −0.030% | $19.1M | $32.5M | 100x | as long as short |
| Lighter MU | +0.0192% | 1h | 1,042.4 | −0.062% | $998K | $4.8M | 20x | as long as short |
| Nado MU-PERP | +0.0194% | 1h | 1,041.7 | −0.128% | $306K | $845K | 10x | as long as short |
| RISEx MU/USDC | +0.0202% | 1h | 1,042.8 | −0.018% | $285K | $333K | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0212% | 1h | 1,042.4 | −0.059% | $176.2M | $107.2M | 10x | as long as short |
| Arcus MU-USD | +0.0226% | 1h | 1,042.4 | −0.062% | $63K | $230K | 10x | as long as short |
| BloFin MU-USDTlong | +0.0227% | 8h | 1,043 | long leg | $1.5M | $2.1M | 20x | |
| Phoenix MU | +0.0230% | 1h | 1,043.3 | +0.027% | $534K | $303K | 15x | as long as short |
| Bullet MU-USD | +0.0231% | 1h | 1,042.7 | −0.031% | $25K | $400K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0696% | 1h | 1,041.6 | −0.134% | $540K | $1.1M | 10x | as long as short |
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Bitget MUUSDT
Variational Omni MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Binance MUUSDT
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
Deribit MU_USDC-PERPETUAL
GRVT MU_USDT_Perp
Bybit MUUSDT
Lighter MU
Nado MU-PERP
RISEx MU/USDC
tradeXYZ xyz:MU
Arcus MU-USD
Phoenix MU
Bullet MU-USD
Extended MU_24_5-USD