Funding you earn now, next payment 05:00 UTC+0.0692%/8h= +75.7% APRpaid last 24h 0.000%
Price spread now: SoDEX against edgeX+0.039%75s7-day average −0.009% · 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—prices read too far apart to compare
costs, in and out, $10k−$340.339% of the position
Funding, last 3 days (all we have)−0.213%−$21 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.039%, 7d avg −0.009%
=Together, before fees−0.322%+ Points / potential airdropedgeX: Active · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and SoDEX is 0.048% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 3 days funding on this pair cost −0.213%, so the current rate has only just turned in your favour. The two prices were read 75 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 3 days it paid -0.213% in total (about -23.3% 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 | 1,048 | −0.0642 | get 0.0321% / 4h | 3h 45m | $1.3M | $672K | 10x |
| Short | SoDEX MU-USD | 1,048.5 | 0.0050 | get 0.0006% / 1h | 45m 47s | $688K | $16K | 10x |
edgeX MUUSDC
SoDEX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $145.25
- Price spread: +0.039% → −0.009%
- $4.81
- Slippage, 4 orders
- −$16.92
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $116.14
- Costs to cover
- 0.339%
- Break-even
- 1.4 days
Slippage from edgeX: live order book, 3 min ago; SoDEX: live order book, 8 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, 3 min ago | 0.38 bp | 5.1 bp −$5 | 7.0 bp −$70 | 29.0 bp −$2,903 | doesn't fit |
| Sell SoDEX live order book, 8 min ago | 0.19 bp | 11.8 bp −$12 | 43.7 bp −$437 | 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 MUUSDClong | −0.0642% | 4h | 1,048 | long leg | $1.3M | $672K | 10x | |
| Aster MUUSD1 | 0.0000% | 8h | 1,048.8 | +0.074% | $21.3M | $55.8M | 20x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,048.2 | +0.011% | $19.0M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,047.8 | −0.025% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,048 | −0.005% | $338K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048.2 | +0.017% | $62.3M | $27.6M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,048.1 | +0.006% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,048.6 | +0.051% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,048 | −0.005% | $82K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.4 | +0.034% | $190K | $3.4M | 20x | as long as short |
Aster MUUSD1
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MU-USDT | 0.0000% | 8h | 1,049.5 | +0.135% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.1 | +0.010% | $130K | $431K | 50x | as long as short |
| Binance MUUSDT | +0.0001% | 8h | 1,048.1 | +0.001% | $125.6M | $517.7M | 50x | as long as short |
| BloFin MU-USDT | +0.0014% | 8h | 1,048.4 | +0.037% | $1.5M | $2.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,048.5 | +0.043% | $3K | $44K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0027% | 1h | 1,048.3 | +0.023% | $73K | $463K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,048.4 | +0.035% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,048.1 | +0.009% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,048.1 | +0.010% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,046.9 | −0.106% | $553K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.317% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,048.3 | +0.026% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,049.5 | +0.143% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,047.9 | −0.013% | $177.7M | $97.4M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.4 | +0.035% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USDshort | +0.0050% | 1h | 1,048.5 | +0.039% | $688K | $16K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,047.4 | −0.059% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,047.5 | −0.047% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0056% | 1h | 1,048.1 | +0.002% | $282K | $830K | 10x | as long as short |
| Bullet MU-USD | +0.0065% | 1h | 1,048.8 | +0.073% | $26K | $394K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,048.2 | +0.020% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.2 | +0.018% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,048.3 | +0.023% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,047 | −0.095% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.6 | +0.056% | $834 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.190% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,048.5 | +0.044% | $536K | $271K | 15x | as long as short |
SunX MU-USDT
HTX MU-USDT
Binance MUUSDT
BloFin MU-USDT
Aftermath Perps MUUSD
Deribit MU_USDC-PERPETUAL
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Nado MU-PERP
Bullet MU-USD
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
Phoenix MU