Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against Gate+0.004%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MU_USDT | 1,049.1 | 0 | get 0.0000% / 8h | 3h 51m | $62.6M | $27.6M | 75x |
| Short | Orderly PERP_MU_USDC_mythos | 1,049.1 | 0.0100 | get 0.0100% / 8h | 3h 51m | $834 | $799 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $21
- Price spread: +0.004% → 0.000%
- $0.38
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $0.38
- Costs to cover
- 0.210%
- Break-even
- 6.9 days
Slippage unknown: Gate: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.
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 | 1.10 bp | 13.5 bp −$14 | 19.7 bp −$197 | 44.4 bp −$4,435 | 78.7 bp −$39.3K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0403% | 4h | 1,049.7 | +0.056% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,049.5 | +0.036% | $21.4M | $55.3M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,049.2 | +0.012% | $31.2M | $99.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,049.7 | +0.061% | $339K | $351K | 20x | as long as short |
| Gate MU_USDTlong | 0.0000% | 8h | 1,049.1 | long leg | $62.6M | $27.6M | 75x | |
| Bitget MUUSDT | 0.0000% | 8h | 1,049.4 | +0.028% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,049.7 | +0.061% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,050.4 | +0.130% | $81K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,049.8 | +0.063% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,049.9 | +0.075% | $11K | $5.8M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,049 | −0.011% | $73K | $459K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,049.1 | +0.002% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDT | +0.0005% | 8h | 1,049.5 | +0.034% | $19.0M | $31.9M | 100x | as long as short |
| Binance MUUSDT | +0.0008% | 8h | 1,049.2 | +0.008% | $125.8M | $516.6M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,049.5 | +0.039% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,049.3 | +0.024% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,049.1 | +0.001% | $1.1M | $5.0M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.1 | +0.001% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048.6 | −0.045% | $563K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.216% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,049.7 | +0.056% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.3 | +0.117% | — | $176K | 25x | as long as short |
| BloFin MU-USDT | +0.0046% | 8h | 1,049.8 | +0.071% | $1.5M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,048.8 | −0.028% | $178.0M | $97.1M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.2 | +0.010% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,049.1 | −0.002% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.8 | −0.031% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,049.2 | +0.011% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0067% | 1h | 1,049.3 | +0.018% | $282K | $832K | 10x | as long as short |
| Bullet MU-USD | +0.0077% | 1h | 1,049.5 | +0.039% | $25K | $395K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,049 | −0.012% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,049.2 | +0.011% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049 | −0.009% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.3 | +0.111% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythosshort | +0.0100% | 8h | 1,049.1 | +0.004% | $834 | $799 | 20x | |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.090% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,050.1 | +0.096% | $537K | $271K | 15x | as long as short |
Gate MU_USDT
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
RISEx MU/USDC
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bybit MUUSDT
Binance MUUSDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
BloFin MU-USDT
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Bullet MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
Phoenix MU