Funding you earn now, next payment 09:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.004%
Price spread now: Bybit against Bullet+0.009%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 4 days (all we have)−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.009%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet MU-USD | 1,032.7 | 0.0180 | pay 0.0022% / 1h | 2m 28s | $26K | $388K | 10x |
| Short | Bybit MUUSDT | 1,032.8 | 0.0117 | get 0.0117% / 8h | 7h 02m | $18.7M | $32.5M | 100x |
Bullet MU-USD
Bybit MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bullet. 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
- −$13.15
- Price spread: +0.009% → −0.006%
- $1.49
- Slippage, 4 orders
- −$10.62
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$41.29
- Costs to cover
- 0.296%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 32 min ago; Bybit: live order book, 1 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 Bullet live order book, 32 min ago | 1.46 bp | 7.8 bp −$8 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.53 bp | 6.9 bp −$7 | 12.1 bp −$121 | 23.1 bp −$2,309 | 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 | −0.0053% | 4h | 1,033.2 | +0.049% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,032.7 | 0.000% | $21.1M | $69.4M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,032.7 | −0.002% | $121.5M | $550.6M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,032.7 | +0.005% | $29.1M | $104.3M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,032.8 | +0.009% | $294K | $375K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,032.6 | −0.005% | $61.6M | $28.8M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,032.8 | +0.012% | $19.6M | $41.7M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,032.5 | −0.019% | $2.5M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,032.1 | −0.052% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,033.5 | +0.082% | $11K | $5.3M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,032.5 | −0.013% | $119K | $493K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,032.9 | +0.020% | $7.0M | $19.0M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,032.1 | −0.053% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,032.8 | +0.016% | $1.1M | $4.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.809% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,032.4 | −0.029% | $89K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,033.1 | +0.040% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,032.3 | −0.036% | $167K | $177K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,032.6 | −0.006% | $1.9M | $3.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,032.2 | −0.046% | $32K | $1K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0088% | 8h | 1,032.9 | +0.022% | $2K | — | 5x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,030.9 | −0.169% | $720K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,032.9 | +0.022% | $146K | $214K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,032.1 | −0.061% | $5.1M | $5.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.2 | +0.047% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,032.7 | +0.002% | $821 | $799 | 20x | as long as short |
| Nado MU-PERP | +0.0116% | 1h | 1,032.2 | −0.047% | $264K | $811K | 10x | as long as short |
| Bybit MUUSDTshort | +0.0117% | 8h | 1,032.8 | +0.009% | $18.7M | $32.5M | 100x | |
| BloFin MU-USDT | +0.0120% | 8h | 1,033.1 | +0.036% | $1.4M | $2.3M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0129% | 1h | 1,032.3 | −0.036% | $174.7M | $78.3M | 10x | as long as short |
| SoDEX MU-USD | +0.0129% | 1h | 1,032.7 | −0.003% | $678K | $15K | 10x | as long as short |
| Lighter MU | +0.0136% | 1h | 1,033.1 | +0.037% | $996K | $5.1M | 20x | as long as short |
| Bullet MU-USDlong | +0.0180% | 1h | 1,032.7 | long leg | $26K | $388K | 10x | |
| Extended MU_24_5-USD | +0.0216% | 1h | 1,032 | −0.065% | $542K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,033.2 | +0.051% | $529K | $270K | 15x | as long as short |
| GRVT MU_USDT_Perp | +0.0373% | 8h | 1,033.3 | +0.061% | $81K | $1.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0380% | 1h | 1,032.3 | −0.041% | $72K | $635K | 10x | as long as short |
HTX MU-USDT
QFEX MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
Aevo MU-PERP
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Nado MU-PERP
BloFin MU-USDT
tradeXYZ xyz:MU
SoDEX MU-USD
Lighter MU
Extended MU_24_5-USD
Phoenix MU
GRVT MU_USDT_Perp
Deribit MU_USDC-PERPETUAL