Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.058%
Price spread now: SunX against BloFin+0.126%55s7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as 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−$720.717% of the position
Funding, last 7 days−0.409%−$41 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.126%, 7d avg +0.133%
=The price spread sits at its 7-day average of +0.133%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 55 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 | 1,040.5 | 0.0120 | pay 0.0120% / 8h | 5h 05m | $1.5M | $2.7M | 20x |
| Short | SunX MU-USDT | 1,041.9 | 0 | get 0.0000% / 8h | 5h 05m | $11K | $5.0M | 10x |
BloFin MU-USDT
SunX MU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.126% → +0.133%
- −$0.76
- Slippage, 4 orders
- −$51.67
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$97.63
- Costs to cover
- 0.717%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; SunX: live order book, 6 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, 6 min ago | 0.29 bp | 6.3 bp −$6 | 8.2 bp −$82 | 14.7 bp −$1,471 | doesn't fit |
| Sell SunX live order book, 6 min ago | 21.61 bp | 33.2 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
MU on 37 exchanges
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 | −0.0722% | 4h | 1,040.3 | −0.027% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,040.9 | +0.035% | $21.2M | $73.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,040.2 | −0.031% | $122.2M | $555.2M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040.1 | −0.045% | $29.8M | $107.2M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,040.4 | −0.014% | $61.5M | $28.3M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,040.2 | −0.037% | $19.8M | $43.7M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,040.3 | −0.027% | $2.6M | $2.5M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,039.7 | −0.086% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDTshort | 0.0000% | 8h | 1,041.9 | +0.126% | $11K | $5.0M | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,040.3 | −0.019% | $120K | $473K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
HTX MU-USDTShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,040.3 | −0.027% | $1.1M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.040% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0037% | 1h | 1,040.2 | −0.028% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.4 | +0.081% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,040 | −0.052% | $170K | $163K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,040.5 | −0.009% | $684K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.2 | −0.127% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0058% | 1h | 1,040.2 | −0.036% | $7.0M | $19.4M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,039.9 | −0.058% | $32K | $1K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0082% | 8h | 1,040.4 | −0.018% | $2K | — | 5x | as long as short |
| Bybit MUUSDT | +0.0098% | 8h | 1,040.6 | +0.003% | $18.9M | $32.3M | 100x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,040.4 | −0.012% | $152K | $228K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,040 | −0.052% | $5.2M | $6.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,041.1 | +0.050% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.4 | −0.015% | $827 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0118% | 1h | 1,040.4 | −0.012% | $299K | $335K | 20x | as long as short |
| BloFin MU-USDTlong | +0.0120% | 8h | 1,040.5 | long leg | $1.5M | $2.7M | 20x | |
| Arcus MU-USD | +0.0139% | 1h | 1,040 | −0.054% | $90K | $160K | 10x | as long as short |
| Nado MU-PERP | +0.0143% | 1h | 1,039.7 | −0.079% | $276K | $835K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0152% | 8h | 1,040.8 | +0.029% | $73K | $1.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0164% | 1h | 1,039.9 | −0.066% | $33K | $729K | 10x | as long as short |
| Lighter MU | +0.0176% | 1h | 1,040.3 | −0.021% | $1.0M | $5.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0192% | 1h | 1,037.9 | −0.256% | $727K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0232% | 1h | 1,040 | −0.052% | $177.9M | $75.0M | 10x | as long as short |
| Bullet MU-USD | +0.0237% | 1h | 1,040.2 | −0.033% | $26K | $384K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0296% | 1h | 1,039.4 | −0.110% | $546K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,040.4 | −0.013% | $532K | $159K | 15x | as long as short |
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Aevo MU-PERP
Paradex MU-USD-PERP
Bybit MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
Arcus MU-USD
Nado MU-PERP
GRVT MU_USDT_Perp
Deribit MU_USDC-PERPETUAL
Lighter MU
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU