Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.67 per $10,000 · paid last 24h −0.040%
Price spread now: Paradex against BloFin+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Paradex is 0.039% dearer against BloFin than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MU-USDT | 1,041.3 | 0.0120 | pay 0.0120% / 8h | 2h 06m | $1.4M | $2.1M | 20x |
| Short | Paradex MU-USD-PERP | 1,041.7 | 0.0053 | get 0.0053% / 8h | 2h 06m | $2K | — | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$13.97
- Price spread: +0.039% → 0.000%
- $3.87
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$26.11
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 1 min ago; Paradex: 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, 1 min ago | 0.62 bp | 7.2 bp −$7 | 7.9 bp −$79 | 13.1 bp −$1,305 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0827% | 4h | 1,040.2 | −0.110% | $1.3M | $671K | 10x | as long as short |
| Bitget MUUSDT | −0.0109% | 8h | 1,041.7 | +0.035% | $20.3M | $41.2M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,041.7 | +0.039% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,041.6 | +0.024% | $122.2M | $536.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,042 | +0.060% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,041.5 | +0.013% | $30.0M | $101.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,041.6 | +0.029% | $316K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,041.4 | +0.007% | $61.7M | $28.6M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,040.3 | −0.099% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,040.7 | −0.056% | $84K | $1.4M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,041.6 | +0.030% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,043.1 | +0.166% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,041.3 | 0.000% | $128K | $442K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,039.5 | −0.178% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0021% | 1h | 1,041.3 | −0.003% | $278K | $816K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,041.5 | +0.013% | $7.0M | $18.3M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,041.5 | +0.017% | $1.2M | $4.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,041.1 | −0.026% | $544K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.963% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0038% | 1h | 1,041.6 | +0.026% | $26K | $390K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,040.3 | −0.095% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.9 | +0.051% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,041.4 | +0.007% | $177.1M | $90.8M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,041.3 | −0.003% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,041.4 | +0.008% | $683K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,040.7 | −0.057% | $1.9M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERPshort | +0.0053% | 8h | 1,041.7 | +0.039% | $2K | — | 5x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,041 | −0.029% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,041.5 | +0.015% | $148K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,041.3 | −0.001% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,040.8 | −0.056% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,041.4 | +0.011% | $828 | $799 | 20x | as long as short |
| Lighter MU | +0.0104% | 1h | 1,041.8 | +0.047% | $1.1M | $5.0M | 20x | as long as short |
| BloFin MU-USDTlong | +0.0120% | 8h | 1,041.3 | long leg | $1.4M | $2.1M | 20x | |
| Deribit MU_USDC-PERPETUAL | +0.0125% | 1h | 1,041.6 | +0.022% | $74K | $532K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,036 | −0.515% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,041 | −0.032% | $532K | $270K | 15x | as long as short |
BloFin MU-USDT
Paradex MU-USD-PERP
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_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Lighter MU
Deribit MU_USDC-PERPETUAL
Coinbase International MU-PERP-INTX
Phoenix MU