Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.045%
Price spread now: tradeXYZ against Gate−0.027%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$440.443% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 7 days+0.004%$0 · spread now −0.027%, 7d avg −0.046%
=Together, before fees+0.208%+ Points / potential airdroptradeXYZ: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$2 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 | 1,035.6 | 0 | get 0.0000% / 8h | 56m 33s | $61.3M | $28.2M | 75x |
| Short | tradeXYZ xyz:MU | 1,035.3 | 0.0050 | get 0.0006% / 1h | 56m 33s | $176.1M | $85.7M | 10x |
Gate MU_USDT
tradeXYZ xyz:MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.027% → −0.046%
- $1.88
- Slippage, 4 orders
- −$11.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$31.96
- Costs to cover
- 0.443%
- Break-even
- 28.3 days
Slippage from Gate: live order book, 2 min ago; tradeXYZ: live order book, 13 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 | 0.96 bp | 13.1 bp −$13 | 18.9 bp −$189 | 43.2 bp −$4,325 | 81.4 bp −$40.7K |
| Sell tradeXYZ live order book, 13 min ago | 0.96 bp | 10.0 bp −$10 | 10.7 bp −$107 | 15.4 bp −$1,543 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUUSDT | −0.0189% | 8h | 1,036.1 | +0.049% | $20.1M | $40.2M | 50x | as long as short |
| edgeX MUUSDC | −0.0002% | 4h | 1,036.3 | +0.066% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,035.9 | +0.026% | $21.1M | $64.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,035.7 | +0.011% | $122.0M | $538.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,035.7 | +0.010% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,035.9 | +0.026% | $29.7M | $99.9M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,035.7 | +0.014% | $312K | $386K | 20x | as long as short |
| Gate MU_USDTlong | 0.0000% | 8h | 1,035.6 | long leg | $61.3M | $28.2M | 75x | |
| Variational Omni MU | 0.0000% | 8h | 1,036.4 | +0.082% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.8 | +0.122% | $83K | $1.4M | 10x | as long as short |
Bitget MUUSDT
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
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 | 1,036.1 | +0.053% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.5 | +0.189% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,035.3 | −0.029% | $74K | $587K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,035.5 | −0.004% | $127K | $460K | 50x | as long as short |
| Nado MU-PERP | +0.0012% | 1h | 1,035.4 | −0.017% | $277K | $809K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,036.3 | +0.068% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,035.5 | −0.013% | $7.0M | $18.8M | 10x | as long as short |
| Bullet MU-USD | +0.0024% | 1h | 1,035.7 | +0.012% | $24K | $390K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,035.7 | +0.010% | $1.0M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,035.6 | −0.001% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,035 | −0.055% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.524% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,035.7 | +0.014% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035.6 | +0.005% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MUshort | +0.0050% | 1h | 1,035.3 | −0.027% | $176.1M | $85.7M | 10x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.3 | −0.027% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,035.7 | +0.008% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.3 | −0.028% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,035.5 | −0.010% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035.4 | −0.019% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.8 | +0.309% | $734K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,035.4 | −0.016% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,035.4 | −0.018% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,036.1 | +0.054% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035.8 | +0.020% | $823 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,036 | +0.037% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,036.8 | +0.118% | $530K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Nado MU-PERP
Aftermath Perps MUUSD
QFEX MU-USD
Bullet MU-USD
Lighter MU
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
Paradex MU-USD-PERP
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU