Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Binance against Deribit+0.028%7-day average +0.008% · 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−$35as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 4 days (all we have)+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.028%, 7d avg +0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MU_USDC-PERPETUAL | 1,037.8 | 0 | get 0.0000% / 1h | 38m 16s | $74K | $606K | 10x |
| Short | Binance MUUSDT | 1,038.1 | 0 | get 0.0000% / 8h | 38m 16s | $122.1M | $538.6M | 50x |
Deribit MU_USDC-PERPETUAL
Binance MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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: +0.028% → +0.008%
- $1.93
- Slippage, 4 orders
- −$19.86
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$34.93
- Costs to cover
- 0.369%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 65 min ago; Binance: live order book, 6 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 Deribit live order book, 65 min ago | 0.05 bp | 14.3 bp −$14 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.05 bp | 6.1 bp −$6 | 7.1 bp −$71 | 18.8 bp −$1,883 | 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 | −0.0986% | 4h | 1,038.8 | +0.100% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0184% | 8h | 1,038.2 | +0.039% | $20.2M | $40.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.5 | +0.072% | $21.2M | $65.4M | 20x | as long as short |
| Binance MUUSDTshort | 0.0000% | 8h | 1,038.1 | +0.028% | $122.1M | $538.6M | 50x | |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.9 | +0.013% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.9 | +0.009% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.2 | +0.039% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.8 | +0.003% | $61.4M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.9 | +0.109% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,039 | +0.115% | $71K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
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 | 1,038.1 | +0.032% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.7 | +0.183% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUALlong | 0.0000% | 1h | 1,037.8 | long leg | $74K | $606K | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,037.6 | −0.020% | $127K | $479K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,038 | +0.017% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,037.8 | +0.004% | $7.0M | $18.8M | 10x | as long as short |
| Nado MU-PERP | +0.0023% | 1h | 1,037.8 | 0.000% | $279K | $808K | 10x | as long as short |
| Bullet MU-USD | +0.0024% | 1h | 1,038.1 | +0.029% | $25K | $390K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038 | +0.022% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.6 | −0.018% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.309% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.6 | −0.021% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.1 | +0.029% | — | $175K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,038.1 | +0.027% | $1.0M | $4.9M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.9 | +0.012% | $176.4M | $82.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.7 | −0.008% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.9 | +0.007% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,038.3 | +0.049% | $1.9M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,037.9 | +0.014% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.6 | −0.013% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,037.9 | +0.012% | $725K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038 | +0.024% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.8 | −0.001% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.5 | +0.069% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038 | +0.018% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038 | +0.017% | $1.4M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.9 | +0.108% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Bullet MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU