Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.058%
Price spread now: BloFin against HTX−0.028%59s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.331% of the position
Funding, last 7 days+0.409%+$41 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.028%, 7d avg +0.013%
=Funding pays, the price is against you. BloFin is 0.040% cheaper against HTX than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.013%). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$4 a day). The two prices were read 59 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 | HTX MU-USDT | 1,037.2 | 0 | get 0.0000% / 8h | 4h 47m | $119K | $473K | 50x |
| Short | BloFin MU-USDT | 1,036.9 | 0.0120 | get 0.0120% / 8h | 4h 47m | $1.5M | $2.7M | 20x |
HTX MU-USDT
BloFin MU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- $25.2
- Price spread: −0.028% → +0.013%
- −$4.05
- Slippage, 4 orders
- −$9.09
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$11.94
- Costs to cover
- 0.331%
- Break-even
- 10.3 days
Slippage from HTX: live order book, 58 min ago; BloFin: live order book, 3 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 HTX live order book, 58 min ago | 3.61 bp | 9.9 bp −$10 | 14.8 bp −$148 | 22.6 bp −$2,260 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.67 bp | 6.8 bp −$7 | 8.8 bp −$88 | 15.3 bp −$1,532 | 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 | −0.0604% | 4h | 1,038.1 | +0.085% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.7 | +0.050% | $21.2M | $73.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,037.6 | +0.040% | $121.8M | $555.2M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.8 | +0.053% | $29.9M | $107.0M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.3 | +0.011% | $61.3M | $27.4M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,037.6 | +0.039% | $19.9M | $43.8M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.2 | +0.098% | $2.6M | $2.5M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,038.5 | +0.126% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.1 | +0.179% | $11K | $4.9M | 10x | as long as short |
| HTX MU-USDTlong | 0.0000% | 8h | 1,037.2 | long leg | $119K | $473K | 50x |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDTShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,037.2 | −0.003% | $1.1M | $4.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.365% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0038% | 1h | 1,037.3 | +0.011% | $3K | $41K | 10x | as long as short |
| RISEx MU/USDC | +0.0045% | 1h | 1,037.2 | 0.000% | $298K | $333K | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.8 | +0.058% | — | $177K | 25x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0049% | 1h | 1,036.8 | −0.042% | $32K | $735K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,036.8 | −0.039% | $169K | $163K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037 | −0.019% | $682K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,036.6 | −0.062% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,037.1 | −0.012% | $7.0M | $19.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0078% | 8h | 1,037.1 | −0.008% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.1 | −0.106% | $32K | $1K | 10x | as long as short |
| Bybit MUUSDT | +0.0084% | 8h | 1,037.3 | +0.006% | $18.8M | $32.2M | 100x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,036.8 | −0.039% | $151K | $222K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037 | −0.016% | $5.2M | $6.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.8 | +0.061% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.1 | −0.008% | $825 | $799 | 20x | as long as short |
| Lighter MU | +0.0120% | 1h | 1,037.2 | +0.002% | $1.0M | $5.0M | 20x | as long as short |
| BloFin MU-USDTshort | +0.0120% | 8h | 1,036.9 | −0.028% | $1.5M | $2.7M | 20x | |
| Coinbase International MU-PERP-INTX | +0.0136% | 1h | 1,036.8 | −0.042% | $727K | $1.2M | 10x | as long as short |
| Nado MU-PERP | +0.0143% | 1h | 1,036.2 | −0.100% | $273K | $835K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0151% | 8h | 1,038.6 | +0.138% | $72K | $1.4M | 10x | as long as short |
| Arcus MU-USD | +0.0186% | 1h | 1,036.7 | −0.053% | $90K | $160K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0232% | 1h | 1,036.9 | −0.028% | $551K | $1.1M | 10x | as long as short |
| Bullet MU-USD | +0.0253% | 1h | 1,037.4 | +0.024% | $25K | $383K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0261% | 1h | 1,037.3 | +0.010% | $177.2M | $74.8M | 10x | as long as short |
| Phoenix MU | +0.0461% | 1h | 1,037.9 | +0.067% | $531K | $159K | 15x | as long as short |
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
RISEx MU/USDC
Vest MU-USD-PERP
Deribit MU_USDC-PERPETUAL
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
Bybit MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
Coinbase International MU-PERP-INTX
Nado MU-PERP
GRVT MU_USDT_Perp
Arcus MU-USD
Extended MU_24_5-USD
Bullet MU-USD
tradeXYZ xyz:MU
Phoenix MU