Funding you earn now, next payment 23:00 UTC+0.0277%/8h= +30.3% APRnext payment +$0.35 per $10,000 · paid last 24h −0.018%
Price spread now: Deribit against Bullet−0.031%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 3 days (all we have)−0.095%−$10 on $10k
+Price spread, last 3 days (all we have)−0.048%−$5 · spread now −0.031%, 7d avg −0.035%
=The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.095%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet MU-USD | 1,043.8 | 0.0279 | pay 0.0035% / 1h | 14m 24s | $26K | $395K | 10x |
| Short | Deribit MU_USDC-PERPETUAL | 1,043.5 | 0.0556 | get 0.0069% / 1h | 14m 24s | $61K | $248K | 10x |
Bullet MU-USD
Deribit MU_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $58.07
- Price spread: −0.031% → −0.035%
- $0.41
- Slippage, 4 orders
- −$25.18
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $18.3
- Costs to cover
- 0.402%
- Break-even
- 4.8 days
Slippage from Bullet: live order book, 5 min ago; Deribit: 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 Bullet live order book, 5 min ago | 0.48 bp | 6.2 bp −$6 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 4 min ago | 0.05 bp | 13.2 bp −$13 | 17.3 bp −$173 | doesn't fit | 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 | −0.0377% | 4h | 1,043.4 | −0.037% | $1.3M | $674K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.4 | −0.037% | $62.9M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,042.8 | −0.093% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.9 | +0.204% | $12K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.4 | −0.041% | $125K | $442K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.4 | −0.034% | $1.2M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.663% | $14K | $302 | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0035% | 1h | 1,043.5 | −0.028% | $3K | $45K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0040% | 8h | 1,043.6 | −0.022% | $30.8M | $104.8M | 50x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043.2 | −0.061% | — | $194K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
OKX MU-USDT-SWAP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.4 | −0.037% | $165K | $197K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.7 | −0.013% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.5 | −0.128% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0071% | 1h | 1,043.7 | −0.010% | $7.8M | $24.1M | 10x | as long as short |
| Aster MUUSD1 | +0.0092% | 8h | 1,044 | +0.022% | $21.5M | $47.4M | 20x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.3 | −0.043% | $154K | $181K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.3 | −0.047% | $5.2M | $4.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.7 | −0.011% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.6 | −0.019% | $830 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0106% | 8h | 1,043.6 | −0.023% | $20.5M | $43.0M | 50x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,043.4 | −0.036% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0136% | 8h | 1,043.5 | −0.032% | $2K | — | 5x | as long as short |
| Variational Omni MU | +0.0144% | 8h | 1,043.4 | −0.036% | $2.6M | $2.6M | — | as long as short |
| Binance MUUSDT | +0.0161% | 8h | 1,043.9 | +0.006% | $124.7M | $535.7M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.2 | −0.053% | $755K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0208% | 1h | 1,043.6 | −0.020% | $1.0M | $4.8M | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0217% | 8h | 1,043.6 | −0.014% | $77K | $1.4M | 10x | as long as short |
| Nado MU-PERP | +0.0224% | 1h | 1,042.7 | −0.101% | $273K | $872K | 10x | as long as short |
| Bybit MUUSDT | +0.0249% | 8h | 1,043.9 | +0.006% | $19.2M | $32.6M | 100x | as long as short |
| Bullet MU-USDlong | +0.0279% | 1h | 1,043.8 | long leg | $26K | $395K | 10x | |
| BloFin MU-USDT | +0.0281% | 8h | 1,043.8 | +0.001% | $1.4M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0326% | 1h | 1,043.4 | −0.037% | $176.2M | $106.7M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,043.8 | +0.001% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.2 | −0.056% | $73K | $241K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,043.9 | +0.014% | $295K | $338K | 20x | as long as short |
| Deribit MU_USDC-PERPETUALshort | +0.0556% | 1h | 1,043.5 | −0.031% | $61K | $248K | 10x | |
| Extended MU_24_5-USD | +0.0688% | 1h | 1,042.5 | −0.122% | $547K | $1.1M | 10x | as long as short |
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Aster MUUSD1
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Variational Omni MU
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
GRVT MU_USDT_Perp
Nado MU-PERP
Bybit MUUSDT
BloFin MU-USDT
tradeXYZ xyz:MU
Phoenix MU
Arcus MU-USD
RISEx MU/USDC
Extended MU_24_5-USD