Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.056%
Price spread now: OKX against BloFin−0.007%63s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as 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−$240.239% of the position
Funding, last 7 days−0.281%−$28 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.007%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 63 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 | 1,043.6 | 0.0120 | pay 0.0120% / 8h | 2h 50m | $1.5M | $2.0M | 20x |
| Short | OKX MU-USDT-SWAP | 1,043.5 | 0 | get 0.0000% / 8h | 2h 50m | $30.5M | $100.1M | 50x |
BloFin MU-USDT
OKX MU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$25.2
- Price spread: −0.007% → −0.015%
- $0.79
- Slippage, 4 orders
- −$1.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$48.28
- Costs to cover
- 0.239%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; OKX: 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, 3 min ago | 0.43 bp | 6.4 bp −$6 | 7.0 bp −$70 | 9.4 bp −$945 | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.05 bp | 5.1 bp −$5 | 6.8 bp −$68 | 19.7 bp −$1,969 | 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 | −0.0859% | 4h | 1,043 | −0.055% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,044.1 | +0.047% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,043.7 | +0.007% | $123.0M | $526.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,043.8 | +0.014% | $18.6M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAPshort | 0.0000% | 8h | 1,043.5 | −0.007% | $30.5M | $100.1M | 50x | |
| RISEx MU/USDC | 0.0000% | 1h | 1,044.2 | +0.054% | $337K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.8 | +0.018% | $62.0M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,043.8 | +0.018% | $20.5M | $41.1M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,043.4 | −0.018% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,043.5 | −0.011% | $83K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
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 | 1,043.6 | +0.001% | $189K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.5 | +0.178% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,043.4 | −0.015% | $73K | $501K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.5 | −0.011% | $128K | $440K | 50x | as long as short |
| Nado MU-PERP | +0.0010% | 1h | 1,043.8 | +0.016% | $281K | $821K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,042.5 | −0.109% | $3K | $44K | 10x | as long as short |
| Bullet MU-USD | +0.0022% | 1h | 1,043.7 | +0.010% | $26K | $392K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,043.8 | +0.020% | $7.0M | $18.0M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.6 | −0.005% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,043.1 | −0.045% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.744% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,042.9 | −0.071% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,044.3 | +0.065% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,043.4 | −0.019% | $177.3M | $93.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.7 | +0.010% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.4 | −0.017% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,043.1 | −0.044% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,043.9 | +0.030% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,043.2 | −0.035% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.9 | +0.026% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.6 | +0.003% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.1 | −0.044% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.6 | 0.000% | $830 | $799 | 20x | as long as short |
| BloFin MU-USDTlong | +0.0120% | 8h | 1,043.6 | long leg | $1.5M | $2.0M | 20x | |
| Lighter MU | +0.0128% | 1h | 1,043.8 | +0.021% | $1.1M | $4.9M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,043.3 | −0.027% | $745K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,043 | −0.057% | $534K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Nado MU-PERP
Aftermath Perps MUUSD
Bullet MU-USD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
Coinbase International MU-PERP-INTX
Phoenix MU