Funding you earn now, next payment 00:00 UTC−0.0477%/8h= −52.2% APRpaid last 24h +0.070%
Price spread now: edgeX against Gate−0.059%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs+$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$300.302% of the position
Funding, last 7 days+0.868%+$87 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.059%, 7d avg −0.008%
=Together, before fees+0.948%+ Points / potential airdropedgeX: Active · farm board+$95 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and edgeX is 0.051% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.868%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MU_USDT | 1,046.1 | 0 | get 0.0000% / 8h | 46m 51s | $63.1M | $28.9M | 75x |
| Short | edgeX MUUSDC | 1,045.5 | −0.0477 | pay 0.0238% / 4h | 46m 51s | $1.3M | $673K | 10x |
Gate MU_USDT
edgeX MUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$100.09
- Price spread: −0.059% → −0.008%
- −$5.09
- Slippage, 4 orders
- −$6.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$135.38
- Costs to cover
- 0.302%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; edgeX: 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 Gate live order book, 2 min ago | 1.20 bp | 9.5 bp −$10 | 16.7 bp −$167 | 40.0 bp −$3,999 | 75.1 bp −$37.5K |
| Sell edgeX live order book, 2 min ago | 0.34 bp | 4.9 bp −$5 | 6.5 bp −$65 | 29.1 bp −$2,912 | 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 MUUSDCshort | −0.0477% | 4h | 1,045.5 | −0.059% | $1.3M | $673K | 10x | |
| Gate MU_USDTlong | 0.0000% | 8h | 1,046.1 | long leg | $63.1M | $28.9M | 75x | |
| StandX MU-USD | 0.0000% | 1h | 1,044.9 | −0.113% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,048.4 | +0.220% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.8 | −0.024% | $124K | $446K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,046.1 | 0.000% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.443% | $14K | $302 | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0036% | 1h | 1,044.7 | −0.131% | $3K | $45K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.8 | −0.025% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.6 | −0.046% | $166K | $197K | 10x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.6 | −0.139% | $2.0M | $2.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0079% | 8h | 1,046.3 | +0.016% | $30.8M | $105.2M | 50x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,045.9 | −0.021% | $7.9M | $23.9M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,046 | −0.010% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.3 | −0.076% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.9 | −0.019% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,046.2 | +0.007% | $832 | $799 | 20x | as long as short |
| SoDEX MU-USD | +0.0132% | 1h | 1,046.1 | 0.000% | $687K | $16K | 10x | as long as short |
| Bitget MUUSDT | +0.0135% | 8h | 1,046.2 | +0.013% | $20.5M | $43.6M | 50x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,045.9 | −0.016% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0158% | 8h | 1,045.9 | −0.018% | $2K | — | 5x | as long as short |
| Aster MUUSD1 | +0.0160% | 8h | 1,046.6 | +0.047% | $21.6M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0189% | 8h | 1,045.5 | −0.056% | $2.6M | $2.5M | — | as long as short |
| Lighter MU | +0.0200% | 1h | 1,046.1 | +0.002% | $1.0M | $4.8M | 20x | as long as short |
| Binance MUUSDT | +0.0209% | 8h | 1,046.3 | +0.018% | $124.9M | $533.1M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,045.6 | −0.051% | $757K | $1.4M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0253% | 8h | 1,045.7 | −0.033% | $77K | $1.4M | 10x | as long as short |
| Nado MU-PERP | +0.0265% | 1h | 1,045.3 | −0.071% | $270K | $875K | 10x | as long as short |
| Bullet MU-USD | +0.0265% | 1h | 1,046 | −0.008% | $24K | $396K | 10x | as long as short |
| Bybit MUUSDT | +0.0284% | 8h | 1,046.4 | +0.033% | $19.2M | $32.6M | 100x | as long as short |
| tradeXYZ xyz:MU | +0.0313% | 1h | 1,046.2 | +0.011% | $176.8M | $105.6M | 10x | as long as short |
| BloFin MU-USDT | +0.0329% | 8h | 1,046.4 | +0.026% | $1.4M | $2.0M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0353% | 1h | 1,045.9 | −0.014% | $62K | $257K | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,045.9 | −0.017% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.5 | −0.060% | $74K | $240K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,046.2 | +0.015% | $317K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0720% | 1h | 1,045.2 | −0.081% | $540K | $1.1M | 10x | as long as short |
Ondo Perps MU-USD.P
OKX MU-USDT-SWAP
QFEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
SoDEX MU-USD
Bitget MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Aster MUUSD1
Variational Omni MU
Lighter MU
Binance MUUSDT
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Nado MU-PERP
Bullet MU-USD
Bybit MUUSDT
tradeXYZ xyz:MU
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU
Arcus MU-USD
RISEx MU/USDC
Extended MU_24_5-USD