Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against Bybit−0.013%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.257% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now −0.013%, 7d avg +0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUUSDT | 1,039.2 | 0 | get 0.0000% / 8h | 2h 13m | $18.6M | $32.1M | 100x |
| Short | Binance MUUSDT | 1,039.1 | 0 | get 0.0000% / 8h | 2h 13m | $122.0M | $534.8M | 50x |
Bybit MUUSDT
Binance MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: −0.013% → +0.001%
- −$1.33
- Slippage, 4 orders
- −$4.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.01
- Costs to cover
- 0.257%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 15 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 Bybit live order book, 5 min ago | 0.14 bp | 8.2 bp −$8 | 10.1 bp −$101 | 29.9 bp −$2,987 | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.05 bp | 5.2 bp −$5 | 7.8 bp −$78 | 12.7 bp −$1,273 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUUSDT | −0.0162% | 8h | 1,039.2 | −0.005% | $20.3M | $41.2M | 50x | as long as short |
| edgeX MUUSDC | −0.0146% | 4h | 1,036.6 | −0.247% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.8 | −0.039% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDTshort | 0.0000% | 8h | 1,039.1 | −0.013% | $122.0M | $534.8M | 50x | |
| Bybit MUUSDTlong | 0.0000% | 8h | 1,039.2 | long leg | $18.6M | $32.1M | 100x | |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,039 | −0.022% | $29.9M | $101.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,039.2 | 0.000% | $315K | $383K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.9 | −0.034% | $61.5M | $28.5M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036.4 | −0.270% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.6 | −0.152% | $84K | $1.4M | 10x | as long as short |
Bitget MUUSDT
edgeX MUUSDC
Aster MUUSD1
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 | 1,036.8 | −0.236% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040 | +0.078% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,039.1 | −0.007% | $127K | $449K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,036.5 | −0.261% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,039 | −0.017% | $7.0M | $18.2M | 10x | as long as short |
| Nado MU-PERP | +0.0024% | 1h | 1,037.3 | −0.186% | $277K | $818K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,039.1 | −0.011% | $1.2M | $4.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038.4 | −0.075% | $538K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.170% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0037% | 1h | 1,038.5 | −0.063% | $25K | $389K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.3 | −0.182% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.7 | −0.145% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.9 | −0.029% | $176.7M | $91.9M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.1 | −0.106% | $168K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.8 | −0.132% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.1 | −0.207% | $1.9M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,039.2 | −0.002% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.3 | −0.086% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.5 | −0.072% | $147K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.6 | −0.062% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,036.7 | −0.243% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038 | −0.116% | $825 | $799 | 20x | as long as short |
| Lighter MU | +0.0104% | 1h | 1,039.3 | +0.005% | $1.0M | $5.0M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,037.5 | −0.166% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,036 | −0.311% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.1 | −0.202% | $530K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0241% | 1h | 1,038.8 | −0.035% | $74K | $526K | 10x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
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
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU
Deribit MU_USDC-PERPETUAL