Funding you earn now, next payment 01:00 UTC−0.1157%/8h= −126.7% APRpaid last 24h +0.040%
Price spread now: edgeX against Bullet−0.256%67s7-day average −0.022% · 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—prices read too far apart to compare
costs, in and out, $10k−$360.357% of the position
Funding, last 3 days (all we have)+0.185%+$18 on $10k
+Price spread, last 3 days (all we have)+0.252%+$25 · spread now −0.256%, 7d avg −0.022%
=Together, before fees+0.437%+ Points / potential airdropedgeX: Active · farm board+$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and edgeX is 0.234% cheaper against Bullet than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.022%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.185%, so the current rate has only just turned against you. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.185% in total (about 20.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet MU-USD | 1,052.3 | 0.0235 | pay 0.0029% / 1h | 27m 50s | $25K | $396K | 10x |
| Short | edgeX MUUSDC | 1,049.6 | −0.0922 | pay 0.0461% / 4h | 3h 27m | $1.3M | $674K | 10x |
Bullet MU-USD
edgeX MUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$243.07
- Price spread: −0.256% → −0.022%
- −$23.43
- Slippage, 4 orders
- −$18.72
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$302.22
- Costs to cover
- 0.357%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 46 min ago; edgeX: 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, 46 min ago | 1.43 bp | 8.5 bp −$9 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 1 min ago | 5.42 bp | 10.1 bp −$10 | 11.4 bp −$114 | 26.1 bp −$2,613 | 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 MUUSDCshort | −0.0922% | 4h | 1,049.6 | −0.256% | $1.3M | $674K | 10x | |
| Gate MU_USDT | 0.0000% | 8h | 1,052.1 | −0.024% | $62.9M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.9 | −0.319% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,053.5 | +0.114% | $11K | $6.2M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.2 | −0.014% | $130K | $425K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,049.6 | −0.257% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,052 | −0.030% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,051.9 | −0.041% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.089% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,052.5 | +0.017% | — | $179K | 25x | as long as short |
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
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 | 1,052.1 | −0.019% | $171K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,050.7 | −0.156% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,051.8 | −0.044% | $7.8M | $22.5M | 10x | as long as short |
| Nado MU-PERP | +0.0079% | 1h | 1,051.1 | −0.118% | $276K | $858K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0093% | 8h | 1,052 | −0.029% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052 | −0.025% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.4 | −0.087% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,048.8 | −0.330% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052 | −0.030% | $836 | $799 | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0101% | 8h | 1,052.7 | +0.038% | $31.0M | $102.2M | 50x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,051.7 | −0.061% | $32K | $1K | 10x | as long as short |
| SoDEX MU-USD | +0.0136% | 1h | 1,051.8 | −0.046% | $690K | $16K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0178% | 1h | 1,051.8 | −0.048% | $64K | $303K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,048.4 | −0.374% | $759K | $1.2M | 10x | as long as short |
| Bybit MUUSDT | +0.0202% | 8h | 1,052.8 | +0.048% | $19.5M | $32.7M | 100x | as long as short |
| Variational Omni MU | +0.0211% | 8h | 1,049.7 | −0.249% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0227% | 8h | 1,051.2 | −0.101% | $21.6M | $48.3M | 20x | as long as short |
| Binance MUUSDT | +0.0228% | 8h | 1,052.3 | +0.003% | $126.2M | $524.0M | 50x | as long as short |
| Bullet MU-USDlong | +0.0235% | 1h | 1,052.3 | long leg | $25K | $396K | 10x | |
| Arcus MU-USD | +0.0240% | 1h | 1,050.1 | −0.214% | $71K | $243K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0269% | 1h | 1,052.3 | 0.000% | $178.7M | $101.3M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,052.1 | −0.019% | $316K | $339K | 20x | as long as short |
| Bitget MUUSDT | +0.0342% | 8h | 1,052.2 | −0.012% | $20.6M | $41.6M | 50x | as long as short |
| BloFin MU-USDT | +0.0345% | 8h | 1,051.3 | −0.091% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,050.2 | −0.200% | $537K | $306K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0408% | 1h | 1,051.4 | −0.086% | $572K | $1.2M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0484% | 8h | 1,049.6 | −0.260% | $83K | $1.3M | 10x | as long as short |
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Nado MU-PERP
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
OKX MU-USDT-SWAP
Aevo MU-PERP
SoDEX MU-USD
Deribit MU_USDC-PERPETUAL
Coinbase International MU-PERP-INTX
Bybit MUUSDT
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Arcus MU-USD
tradeXYZ xyz:MU
RISEx MU/USDC
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU
Extended MU_24_5-USD
GRVT MU_USDT_Perp