Funding you earn now, next payment 11:00 UTC−0.0169%/8h= −18.5% APRpaid last 24h −0.005%
Price spread now: SoDEX against GRVT−0.024%7-day average −0.052% · 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−$33as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 4 days (all we have)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now −0.024%, 7d avg −0.052%
=Together, before fees−0.074%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.028% dearer against GRVT than usual: you sell high and buy low (spread −0.024% now, against its 7-day average of −0.052%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 4 days (−0.009% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MU_USDT_Perp | 1,040.8 | 0.0224 | pay 0.0224% / 8h | 5h 49m | $81K | $1.4M | 10x |
| Short | SoDEX MU-USD | 1,040.6 | 0.0055 | get 0.0007% / 1h | 49m 14s | $684K | $14K | 10x |
GRVT MU_USDT_Perp
SoDEX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$35.54
- Price spread: −0.024% → −0.052%
- $2.8
- Slippage, 4 orders
- −$18.34
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$68.08
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 2 min ago; SoDEX: live order book, 62 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, 2 min ago | 0.43 bp | 5.5 bp −$5 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 62 min ago | 0.05 bp | 11.8 bp −$12 | 41.3 bp −$413 | doesn't fit | doesn't fit |
MU on 37 exchanges
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 | −0.0524% | 4h | 1,040.2 | −0.053% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,041.1 | +0.032% | $21.2M | $73.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,040.9 | +0.014% | $121.8M | $555.4M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040.9 | +0.013% | $29.7M | $107.9M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,040.6 | −0.017% | $61.3M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,040.5 | −0.032% | $19.8M | $43.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,040.3 | −0.044% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,039.5 | −0.125% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,042.4 | +0.151% | $11K | $5.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,040.1 | −0.066% | $35K | $721K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,040.4 | −0.036% | $119K | $474K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,040.8 | +0.001% | $1.2M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.014% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0034% | 1h | 1,040 | −0.078% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.8 | +0.096% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,040.5 | −0.029% | $170K | $180K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.6 | −0.118% | $1.9M | $3.2M | 10x | as long as short |
| SoDEX MU-USDshort | +0.0055% | 1h | 1,040.6 | −0.024% | $684K | $14K | 10x | |
| QFEX MU-USD | +0.0058% | 1h | 1,040.4 | −0.040% | $7.0M | $19.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0075% | 8h | 1,041 | +0.023% | $18.8M | $32.3M | 100x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.1 | −0.064% | $32K | $1K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0082% | 8h | 1,040.5 | −0.030% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,040 | −0.079% | $151K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,040.3 | −0.051% | $5.2M | $6.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,040.3 | −0.044% | $71K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.6 | −0.024% | $827 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0118% | 1h | 1,040.8 | −0.004% | $300K | $351K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040.7 | −0.012% | $1.5M | $2.6M | 20x | as long as short |
| Nado MU-PERP | +0.0126% | 1h | 1,040.2 | −0.058% | $277K | $841K | 10x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,040.2 | −0.060% | $90K | $148K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0192% | 1h | 1,039.9 | −0.084% | $728K | $1.2M | 10x | as long as short |
| Lighter MU | +0.0208% | 1h | 1,040.9 | +0.005% | $1.0M | $5.0M | 20x | as long as short |
| Bullet MU-USD | +0.0223% | 1h | 1,040.8 | 0.000% | $24K | $386K | 10x | as long as short |
| GRVT MU_USDT_Perplong | +0.0224% | 8h | 1,040.8 | long leg | $81K | $1.4M | 10x | |
| tradeXYZ xyz:MU | +0.0252% | 1h | 1,040.5 | −0.029% | $177.4M | $75.7M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,040.4 | −0.039% | $532K | $159K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0360% | 1h | 1,039.5 | −0.125% | $551K | $1.1M | 10x | as long as short |
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Bybit MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
BloFin MU-USDT
Nado MU-PERP
Arcus MU-USD
Coinbase International MU-PERP-INTX
Lighter MU
Bullet MU-USD
tradeXYZ xyz:MU
Phoenix MU
Extended MU_24_5-USD