Funding you earn now, next payment 07:00 UTC−0.0035%/8h= −3.9% APRpaid last 24h −0.034%
Price spread now: SunX against Bullet+0.102%7-day average +0.133% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.102%, 7d avg +0.133%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.031% cheaper against Bullet than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.133%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet MU-USD | 1,038.5 | 0.0035 | pay 0.0004% / 1h | 49m 33s | $25K | $390K | 10x |
| Short | SunX MU-USDT | 1,039.6 | 0 | get 0.0000% / 8h | 1h 49m | $11K | $5.6M | 10x |
Bullet MU-USD
SunX MU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$7.42
- Price spread: +0.102% → +0.133%
- −$3.05
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$26.48
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bullet: live order book, 59 min ago; SunX: live order book, 9 min ago. 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 Bullet live order book, 59 min ago | 0.96 bp | 6.4 bp −$6 | 19.8 bp −$198 | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 500.05 bp | doesn't fit | doesn't fit | 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 | −0.0643% | 4h | 1,038 | −0.047% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0098% | 8h | 1,038.5 | +0.003% | $20.2M | $41.4M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.9 | +0.037% | $21.1M | $57.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.4 | −0.009% | $121.6M | $537.0M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.5 | +0.003% | $18.6M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.4 | −0.010% | $29.9M | $101.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.4 | −0.008% | $315K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.4 | −0.013% | $61.5M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.8 | −0.071% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.8 | −0.064% | $75K | $1.4M | 10x | as long as short |
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_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,038.6 | +0.011% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDTshort | 0.0000% | 8h | 1,039.6 | +0.102% | $11K | $5.6M | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,038.1 | −0.039% | $128K | $441K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,038 | −0.049% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0022% | 1h | 1,037.1 | −0.138% | $276K | $816K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.3 | −0.020% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038 | −0.044% | $544K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,038.2 | −0.029% | $7.0M | $18.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.238% | $19K | $5K | 12x | as long as short |
| Bullet MU-USDlong | +0.0035% | 1h | 1,038.5 | long leg | $25K | $390K | 10x | |
| Arcus MU-USD | +0.0040% | 1h | 1,037.8 | −0.070% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.1 | −0.037% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.1 | −0.039% | $176.5M | $89.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038 | −0.048% | $168K | $196K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.9 | −0.055% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.3 | −0.117% | $1.9M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,038.5 | +0.004% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,038.5 | −0.002% | $1.1M | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038 | −0.046% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.1 | −0.037% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.1 | −0.037% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.7 | −0.076% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.3 | −0.016% | $825 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,037.6 | −0.089% | $732K | $1.3M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038 | −0.047% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.4 | −0.106% | $531K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0241% | 1h | 1,038.4 | −0.013% | $74K | $545K | 10x | as long as short |
StandX MU-USD
HTX MU-USDT
Aftermath Perps MUUSD
Nado MU-PERP
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU
Deribit MU_USDC-PERPETUAL