Funding you earn now, next payment 16:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.58 per $10,000 · paid last 24h −0.001%
Price spread now: Paradex against GRVT−0.139%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropGRVT: Active · Paradex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.139% cheaper against GRVT than usual: you would sell low and buy high (spread −0.139% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 7.9 days of funding at the current rate (+$2 a day). The two prices were read 51 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 | 1,025.3 | 0 | get 0.0000% / 8h | 7h 28m | $73K | $1.4M | 10x |
| Short | Paradex MU-USD-PERP | 1,023.9 | 0.0058 | get 0.0058% / 8h | 7h 28m | $2K | — | 5x |
GRVT MU_USDT_Perp
Paradex MU-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $12.27
- Price spread: −0.139% → 0.000%
- −$13.89
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$14.62
- Costs to cover
- 0.130%
- Break-even
- 15.3 days
Slippage unknown: GRVT: live order book, 5 min ago; Paradex: 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 GRVT live order book, 5 min ago | 0.05 bp | 4.5 bp −$5 | 5.8 bp −$58 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0522% | 4h | 1,025.4 | +0.009% | $1.3M | $696K | 10x | as long as short |
| Bitget MUUSDT | −0.0032% | 8h | 1,024.9 | −0.041% | $19.7M | $40.9M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,024.4 | −0.093% | $20.9M | $69.1M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,024.9 | −0.044% | $121.4M | $548.8M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,024.8 | −0.053% | $18.6M | $32.4M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,024.9 | −0.041% | $29.0M | $102.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,024.1 | −0.122% | $291K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,024.1 | −0.121% | $61.5M | $28.2M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,025.8 | +0.044% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perplong | 0.0000% | 8h | 1,025.3 | long leg | $73K | $1.4M | 10x |
edgeX MUUSDC
Bitget MUUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,024.2 | −0.110% | $185K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,025.5 | +0.014% | $11K | $5.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,024.5 | −0.075% | $119K | $491K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,024 | −0.129% | $6.9M | $18.9M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,025.4 | +0.011% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,024.2 | −0.104% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,023.8 | −0.149% | $541K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.541% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,023.6 | −0.172% | $89K | $243K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,023.6 | −0.169% | — | $180K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,023.1 | −0.216% | $165K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,023.7 | −0.157% | $672K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,023.1 | −0.219% | $1.9M | $3.0M | 10x | as long as short |
| Paradex MU-USD-PERPshort | +0.0058% | 8h | 1,023.9 | −0.139% | $2K | — | 5x | |
| Lighter MU | +0.0064% | 1h | 1,024.4 | −0.085% | $986K | $5.0M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,023.9 | −0.137% | $31K | $1K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0089% | 1h | 1,024.4 | −0.089% | $173.2M | $80.2M | 10x | as long as short |
| Nado MU-PERP | +0.0091% | 1h | 1,023.3 | −0.194% | $264K | $814K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,029.2 | +0.379% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,023.3 | −0.200% | $145K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,023.8 | −0.144% | $5.1M | $4.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,024.7 | −0.060% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,023.7 | −0.154% | $814 | $799 | 20x | as long as short |
| Bullet MU-USD | +0.0119% | 1h | 1,024.6 | −0.071% | $25K | $388K | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,024.4 | −0.086% | $1.5M | $2.2M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,024.2 | −0.108% | $524K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0551% | 1h | 1,024.4 | −0.093% | $72K | $629K | 10x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
QFEX MU-USD
Aftermath Perps MUUSD
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
Lighter MU
Aevo MU-PERP
tradeXYZ xyz:MU
Nado MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bullet MU-USD
BloFin MU-USDT
Phoenix MU
Deribit MU_USDC-PERPETUAL