Funding you earn now, next payment 04:00 UTC+0.1052%/8h= +115.2% APRpaid last 24h −0.016%
Price spread now: Binance against edgeX+0.061%90s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$210.209% of the position
Funding, last 7 days−0.672%−$67 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.061%, 7d avg +0.037%
=Together, before fees−0.697%+ Points / potential airdropedgeX: Active · farm board−$70 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Binance is 0.024% dearer against edgeX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.037%. Mind the row above: over the last 7 days funding on this pair cost −0.672%, so the current rate has only just turned in your favour. The two prices were read 90 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 7 days it paid -0.672% in total (about -35.0% 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 | edgeX MUUSDC | 1,051.8 | −0.0978 | get 0.0489% / 4h | 42m 06s | $1.3M | $673K | 10x |
| Short | Binance MUUSDT | 1,052.4 | 0.0073 | get 0.0073% / 8h | 4h 42m | $126.8M | $517.3M | 50x |
edgeX MUUSDC
Binance MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $220.86
- Price spread: +0.061% → +0.037%
- $2.44
- Slippage, 4 orders
- −$1.91
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $202.4
- Costs to cover
- 0.209%
- Break-even
- 0.6 days
Slippage from edgeX: live order book, 2 min ago; Binance: live order book, 2 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 edgeX live order book, 2 min ago | 0.33 bp | 4.9 bp −$5 | 6.6 bp −$66 | 30.0 bp −$3,004 | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.05 bp | 5.7 bp −$6 | 6.9 bp −$69 | 13.7 bp −$1,372 | 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 MUUSDClong | −0.0978% | 4h | 1,051.8 | long leg | $1.3M | $673K | 10x | |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.4 | +0.058% | $31.2M | $99.9M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.5 | +0.067% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | +0.054% | $62.3M | $27.4M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.1 | +0.030% | $78K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052 | +0.024% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.2 | +0.226% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.5 | +0.067% | $131K | $436K | 50x | as long as short |
| Aster MUUSD1 | +0.0007% | 8h | 1,052.3 | +0.050% | $21.4M | $55.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,052 | +0.023% | $3K | $45K | 10x | as long as short |
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUUSDT | +0.0018% | 8h | 1,052.7 | +0.090% | $19.1M | $32.3M | 100x | as long as short |
| Bullet MU-USD | +0.0029% | 1h | 1,052.5 | +0.067% | $25K | $398K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,052.4 | +0.059% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.4 | +0.056% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.8 | −0.001% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.039% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.3 | +0.048% | $7.2M | $18.0M | 10x | as long as short |
| Nado MU-PERP | +0.0036% | 1h | 1,052 | +0.019% | $282K | $843K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.9 | +0.015% | $71K | $234K | 10x | as long as short |
| Variational Omni MU | +0.0042% | 8h | 1,051.8 | +0.005% | $2.7M | $2.4M | — | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.4 | +0.158% | — | $175K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.2 | +0.040% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.5 | +0.064% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051 | −0.071% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,052.6 | +0.076% | $2K | — | 5x | as long as short |
| tradeXYZ xyz:MU | +0.0073% | 1h | 1,052.1 | +0.031% | $178.9M | $99.1M | 10x | as long as short |
| Binance MUUSDTshort | +0.0073% | 8h | 1,052.4 | +0.061% | $126.8M | $517.3M | 50x | |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,051.9 | +0.016% | $758K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,052.1 | +0.029% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,051.9 | +0.008% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.2 | +0.037% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051.6 | −0.017% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.4 | +0.055% | $837 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0123% | 8h | 1,052.5 | +0.068% | $20.6M | $41.1M | 50x | as long as short |
| BloFin MU-USDT | +0.0194% | 8h | 1,052.5 | +0.070% | $1.5M | $2.0M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0197% | 1h | 1,052.4 | +0.055% | $69K | $415K | 10x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.3 | +0.050% | $538K | $271K | 15x | as long as short |
Bybit MUUSDT
Bullet MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
QFEX MU-USD
Nado MU-PERP
Arcus MU-USD
Variational Omni MU
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU