Funding you earn now, next payment 00:00 UTC−0.0132%/8h= −14.5% APRnext payment −$1.32 per $10,000 · paid last 24h −0.036%
Price spread now: Orderly against BloFin−0.037%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Orderly is 0.037% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MU-USDT | 1,043.5 | 0.0232 | pay 0.0232% / 8h | 1h 59m | $1.5M | $2.1M | 20x |
| Short | Orderly PERP_MU_USDC_mythos | 1,043.1 | 0.0100 | get 0.0100% / 8h | 1h 59m | $829 | $799 | 20x |
BloFin MU-USDT
Orderly PERP_MU_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$27.82
- Price spread: −0.037% → 0.000%
- −$3.74
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$49.56
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.
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 | 0.05 bp | 6.3 bp −$6 | 7.2 bp −$72 | 10.8 bp −$1,084 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0011% | 4h | 1,042.9 | −0.055% | $1.3M | $674K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,043.5 | −0.006% | $30.7M | $104.4M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.4 | −0.014% | $62.9M | $28.8M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,042.6 | −0.084% | $188K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.4 | +0.177% | $11K | $6.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.5 | −0.005% | $125K | $441K | 50x | as long as short |
| Aster MUUSD1 | +0.0011% | 8h | 1,043.6 | +0.005% | $21.5M | $46.9M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,042.5 | −0.101% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.1 | −0.038% | $1.1M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.690% | $14K | $302 | 12x | as long as short |
edgeX MUUSDC
OKX MU-USDT-SWAP
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aster MUUSD1
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 | 1,042.9 | −0.060% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043 | −0.049% | $165K | $180K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042 | −0.146% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0057% | 1h | 1,043.1 | −0.036% | $7.8M | $24.1M | 10x | as long as short |
| Bitget MUUSDT | +0.0072% | 8h | 1,043.4 | −0.007% | $20.4M | $43.0M | 50x | as long as short |
| Variational Omni MU | +0.0089% | 8h | 1,042.9 | −0.054% | $2.7M | $2.7M | — | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,042.7 | −0.081% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.5 | −0.100% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,042.4 | −0.105% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythosshort | +0.0100% | 8h | 1,043.1 | −0.037% | $829 | $799 | 20x | |
| Paradex MU-USD-PERP | +0.0107% | 8h | 1,043.1 | −0.035% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,043 | −0.047% | $33K | — | 10x | as long as short |
| Binance MUUSDT | +0.0112% | 8h | 1,043.5 | −0.004% | $124.8M | $540.8M | 50x | as long as short |
| Nado MU-PERP | +0.0129% | 1h | 1,042.5 | −0.096% | $307K | $845K | 10x | as long as short |
| Lighter MU | +0.0168% | 1h | 1,043.1 | −0.036% | $998K | $4.8M | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0178% | 8h | 1,043 | −0.052% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.8 | +0.030% | $756K | $1.4M | 10x | as long as short |
| Bybit MUUSDT | +0.0190% | 8h | 1,043.6 | +0.004% | $19.1M | $32.5M | 100x | as long as short |
| SoDEX MU-USD | +0.0192% | 1h | 1,043.3 | −0.022% | $685K | $16K | 10x | as long as short |
| Phoenix MU | +0.0230% | 1h | 1,043 | −0.049% | $533K | $303K | 15x | as long as short |
| BloFin MU-USDTlong | +0.0232% | 8h | 1,043.5 | long leg | $1.5M | $2.1M | 20x | |
| Bullet MU-USD | +0.0240% | 1h | 1,043.5 | 0.000% | $25K | $400K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0276% | 1h | 1,043 | −0.049% | $176.2M | $107.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0277% | 1h | 1,043.2 | −0.027% | $60K | $237K | 10x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,042.8 | −0.065% | $63K | $230K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,043.3 | −0.021% | $285K | $333K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0624% | 1h | 1,042.2 | −0.130% | $540K | $1.1M | 10x | as long as short |
Vest MU-USD-PERP
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Bitget MUUSDT
Variational Omni MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Paradex MU-USD-PERP
Aevo MU-PERP
Binance MUUSDT
Nado MU-PERP
Lighter MU
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
SoDEX MU-USD
Phoenix MU
Bullet MU-USD
tradeXYZ xyz:MU
Deribit MU_USDC-PERPETUAL
Arcus MU-USD
RISEx MU/USDC
Extended MU_24_5-USD