Funding you earn now, next payment 00:00 UTC+0.0115%/8h= +12.6% APRnext payment +$1.15 per $10,000 · paid last 24h +0.013%
Price spread now: Bitget against Gate+0.006%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 7 days+0.200%+$20 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now +0.006%, 7d avg +0.037%
=Funding pays, the price is against you. Bitget is 0.031% cheaper against Gate than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.037%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MU_USDT | 1,045.6 | 0 | get 0.0000% / 8h | 3m 43s | $63.0M | $29.1M | 75x |
| Short | Bitget MUUSDT | 1,045.7 | 0.0115 | get 0.0115% / 8h | 3m 43s | $20.4M | $43.5M | 50x |
Gate MU_USDT
Bitget MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $24.15
- Price spread: +0.006% → +0.037%
- −$3.14
- Slippage, 4 orders
- −$11.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$17.61
- Costs to cover
- 0.386%
- Break-even
- 12.1 days
Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 5 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 Gate live order book, 5 min ago | 1.29 bp | 11.1 bp −$11 | 16.0 bp −$160 | 43.3 bp −$4,333 | 81.7 bp −$40.9K |
| Sell Bitget live order book, 5 min ago | 0.05 bp | 7.8 bp −$8 | 9.5 bp −$95 | 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 MUUSDC | −0.0377% | 4h | 1,045.8 | +0.017% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDTlong | 0.0000% | 8h | 1,045.6 | long leg | $63.0M | $29.1M | 75x | |
| StandX MU-USD | 0.0000% | 1h | 1,045.2 | −0.035% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.5 | +0.178% | $11K | $6.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.3 | −0.028% | $129K | $456K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0027% | 1h | 1,045.2 | −0.033% | $3K | $46K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.5 | −0.013% | $1.2M | $4.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.490% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.6 | −0.001% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.4 | −0.018% | $169K | $195K | 10x | as long as short |
edgeX MUUSDC
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MU-USD | +0.0050% | 1h | 1,045.6 | −0.004% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.8 | −0.078% | $2.0M | $2.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0074% | 8h | 1,045.7 | +0.013% | $30.9M | $104.4M | 50x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,045.5 | −0.011% | $1.0M | $5.0M | 20x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,045.8 | +0.016% | $7.9M | $23.8M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.7 | +0.006% | $153K | $180K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.4 | −0.018% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,046.1 | +0.045% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.6 | +0.004% | $831 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0100% | 8h | 1,045.6 | −0.002% | $2K | — | 5x | as long as short |
| Bullet MU-USD | +0.0111% | 1h | 1,045.7 | +0.007% | $25K | $394K | 10x | as long as short |
| Bitget MUUSDTshort | +0.0115% | 8h | 1,045.7 | +0.006% | $20.4M | $43.5M | 50x | |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.5 | −0.004% | $33K | — | 10x | as long as short |
| Nado MU-PERP | +0.0155% | 1h | 1,044.9 | −0.070% | $272K | $875K | 10x | as long as short |
| Aster MUUSD1 | +0.0164% | 8h | 1,046.1 | +0.048% | $21.5M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0166% | 8h | 1,045.8 | +0.024% | $2.7M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0181% | 8h | 1,045.7 | +0.015% | $124.3M | $530.6M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0202% | 1h | 1,045.6 | +0.001% | $177.1M | $104.8M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0204% | 8h | 1,045.9 | +0.031% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | −0.064% | $757K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0258% | 8h | 1,045.8 | +0.023% | $19.2M | $32.4M | 100x | as long as short |
| BloFin MU-USDT | +0.0301% | 8h | 1,046 | +0.038% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0312% | 1h | 1,044.7 | −0.086% | $550K | $1.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0449% | 1h | 1,045.5 | −0.006% | $62K | $290K | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,046.1 | +0.049% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.6 | −0.003% | $70K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,045.9 | +0.030% | $314K | $340K | 20x | as long as short |
SoDEX MU-USD
Ondo Perps MU-USD.P
OKX MU-USDT-SWAP
Lighter MU
QFEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Paradex MU-USD-PERP
Bullet MU-USD
Aevo MU-PERP
Nado MU-PERP
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
tradeXYZ xyz:MU
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
BloFin MU-USDT
Extended MU_24_5-USD
Deribit MU_USDC-PERPETUAL
Phoenix MU
Arcus MU-USD
RISEx MU/USDC