Funding you earn now, next payment 09:00 UTC+0.0522%/8h= +57.1% APRpaid last 24h +0.085%
Price spread now: QFEX against edgeX−0.195%57s7-day average −0.012% · 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−$240.235% of the position
Funding, last 4 days (all we have)−0.256%−$26 on $10k
+Price spread, last 7 days+0.185%+$19 · spread now −0.195%, 7d avg −0.012%
=Together, before fees−0.071%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.183% cheaper against edgeX than usual: you would sell low and buy high (spread −0.195% now, against its 7-day average of −0.012%). If the spread goes back, that is −$18 on $10k: about 28 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 4 days funding on this pair cost −0.256%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MUUSDC | 1,028.4 | −0.0495 | get 0.0247% / 4h | 3h 32m | $1.3M | $673K | 10x |
| Short | QFEX MU-USD | 1,026.4 | 0.0027 | get 0.0003% / 1h | 32m 17s | $6.9M | $18.9M | 10x |
edgeX MUUSDC
QFEX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $109.54
- Price spread: −0.195% → −0.012%
- −$18.3
- Slippage, 4 orders
- −$4.52
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $67.72
- Costs to cover
- 0.235%
- Break-even
- 2.7 days
Slippage from edgeX: live order book, 2 min ago; QFEX: live order book, 7 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 | 0.58 bp | 5.2 bp −$5 | 6.8 bp −$68 | 24.9 bp −$2,493 | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.36 bp | 6.7 bp −$7 | 7.3 bp −$73 | 11.7 bp −$1,169 | 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 | −0.0495% | 4h | 1,028.4 | long leg | $1.3M | $673K | 10x | |
| Bitget MUUSDT | −0.0047% | 8h | 1,025.1 | −0.318% | $19.7M | $40.5M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,026.1 | −0.220% | $20.9M | $69.0M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,025.3 | −0.302% | $121.5M | $546.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,025.1 | −0.318% | $18.5M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,025.3 | −0.304% | $29.3M | $101.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,026.7 | −0.162% | $309K | $373K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,025.7 | −0.263% | $61.8M | $28.1M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,028.1 | −0.032% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,028.5 | +0.012% | $72K | $1.4M | 10x | as long as short |
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 | 1,027.8 | −0.061% | $186K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,026.4 | −0.196% | $11K | $5.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,025.8 | −0.257% | $119K | $489K | 50x | as long as short |
| QFEX MU-USDshort | +0.0027% | 1h | 1,026.4 | −0.195% | $6.9M | $18.9M | 10x | |
| Aftermath Perps MUUSD | +0.0027% | 1h | 1,027.8 | −0.056% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,025.1 | −0.320% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,024.6 | −0.372% | $541K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.232% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,025.7 | −0.259% | $89K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,025.7 | −0.265% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,024.9 | −0.341% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,025.6 | −0.274% | $673K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,026.9 | −0.148% | $1.9M | $3.0M | 10x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,025.2 | −0.314% | $969K | $5.0M | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,026.6 | −0.174% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0077% | 1h | 1,025.1 | −0.318% | $264K | $815K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0077% | 1h | 1,025.1 | −0.321% | $173.3M | $79.8M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,024.6 | −0.367% | $31K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,029.2 | +0.077% | $719K | $1.1M | 10x | as long as short |
| Bullet MU-USD | +0.0096% | 1h | 1,025.5 | −0.283% | $25K | $388K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,026.7 | −0.169% | $145K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,025.6 | −0.277% | $5.1M | $4.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,028.9 | +0.044% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,026.1 | −0.222% | $816 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,028 | −0.043% | $1.5M | $2.2M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0170% | 1h | 1,025.1 | −0.323% | $72K | $629K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,029.5 | +0.106% | $527K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Lighter MU
Paradex MU-USD-PERP
Nado MU-PERP
tradeXYZ xyz:MU
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Bullet MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU