Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Bullet against GRVT−0.084%54s7-day average −0.023% · you buy dearer than you sell
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−$250.251% of the position
Funding, last 3 days (all we have)+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.084%, 7d avg −0.023%
=Together, before fees+0.124%+ Points / potential airdropGRVT: Active · farm board+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.060% cheaper against GRVT than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.023%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MU_USDT_Perp | 1,039.7 | 0 | get 0.0000% / 8h | 1h 54m | $84K | $1.4M | 10x |
| Short | Bullet MU-USD | 1,038.9 | 0 | get 0.0000% / 1h | 54m 59s | $26K | $390K | 10x |
GRVT MU_USDT_Perp
Bullet MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against GRVT. 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
- $0
- Price spread: −0.084% → −0.023%
- −$6.04
- Slippage, 4 orders
- −$8.13
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$31.17
- Costs to cover
- 0.251%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; Bullet: live order book, 54 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 GRVT live order book, 3 min ago | 0.77 bp | 6.7 bp −$7 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell Bullet live order book, 54 min ago | 0.96 bp | 6.6 bp −$7 | 21.3 bp −$213 | 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 | −0.0729% | 4h | 1,040.3 | +0.051% | $1.3M | $671K | 10x | as long as short |
| Bitget MUUSDT | −0.0067% | 8h | 1,038.6 | −0.106% | $20.2M | $41.3M | 50x | as long as short |
| Nado MU-PERP | 0.0000% | 1h | 1,038.5 | −0.122% | $277K | $817K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.5 | −0.115% | $21.2M | $57.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.2 | −0.147% | $121.7M | $536.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.4 | −0.129% | $18.6M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.1 | −0.161% | $29.9M | $101.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,039 | −0.073% | $315K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.2 | −0.148% | $61.4M | $28.2M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.8 | −0.095% | $2.5M | $2.6M | — | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Nado MU-PERP
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perplong | 0.0000% | 8h | 1,039.7 | long leg | $84K | $1.4M | 10x | |
| StandX MU-USD | 0.0000% | 1h | 1,038.7 | −0.096% | $188K | $3.5M | 20x | as long as short |
| Bullet MU-USDshort | 0.0000% | 1h | 1,038.9 | −0.084% | $26K | $390K | 10x | |
| SunX MU-USDT | 0.0000% | 8h | 1,040.3 | +0.053% | $11K | $5.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.5 | −0.119% | $128K | $441K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,039.5 | −0.024% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.7 | −0.103% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.6 | −0.202% | $544K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,038.5 | −0.117% | $7.0M | $18.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.118% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,039.3 | −0.039% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,039 | −0.070% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.3 | −0.139% | $176.5M | $90.9M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.4 | −0.129% | $169K | $196K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.5 | −0.118% | $682K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,038.9 | −0.083% | $1.8M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,038.8 | −0.088% | $2K | — | 5x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0058% | 1h | 1,038.7 | −0.103% | $74K | $541K | 10x | as long as short |
| Lighter MU | +0.0064% | 1h | 1,038.8 | −0.088% | $1.1M | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.3 | −0.137% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.6 | −0.109% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.5 | −0.124% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.2 | −0.053% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.6 | −0.109% | $826 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | −0.363% | $731K | $1.3M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.7 | −0.101% | $1.4M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039.4 | −0.033% | $532K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Deribit MU_USDC-PERPETUAL
Lighter MU
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU