Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against HTX+0.005%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MU-USDT | 1,045.8 | 0 | get 0.0000% / 8h | 42m 58s | $124K | $446K | 50x |
| Short | Orderly PERP_MU_USDC_mythos | 1,045.8 | 0.0100 | get 0.0100% / 8h | 42m 58s | $831 | $799 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $21
- Price spread: +0.005% → 0.000%
- $0.48
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $3.48
- Costs to cover
- 0.180%
- Break-even
- 5.8 days
Slippage unknown: HTX: live order book, 35 min ago; Orderly: 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 HTX live order book, 35 min ago | 3.69 bp | 9.7 bp −$10 | 14.5 bp −$145 | 19.6 bp −$1,963 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0060% | 4h | 1,046.2 | +0.040% | $1.3M | $674K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,046.1 | +0.028% | $63.1M | $29.0M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.6 | −0.019% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,048.5 | +0.256% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDTlong | 0.0000% | 8h | 1,045.8 | long leg | $124K | $446K | 50x | |
| Lighter RH MU | +0.0032% | 1h | 1,046 | +0.021% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.471% | $14K | $302 | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0035% | 1h | 1,045.2 | −0.052% | $3K | $45K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.4 | +0.060% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,046 | +0.021% | $166K | $197K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045.3 | −0.046% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,046.3 | +0.052% | $7.9M | $24.0M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0081% | 8h | 1,046 | +0.024% | $30.8M | $105.3M | 50x | as long as short |
| SoDEX MU-USD | +0.0084% | 1h | 1,046 | +0.020% | $686K | $16K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,046.4 | +0.059% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.5 | −0.027% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,046.3 | +0.052% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythosshort | +0.0100% | 8h | 1,045.8 | +0.005% | $831 | $799 | 20x | |
| Bitget MUUSDT | +0.0136% | 8h | 1,046 | +0.025% | $20.5M | $43.6M | 50x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,046 | +0.020% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0152% | 8h | 1,046 | +0.023% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0168% | 1h | 1,046.1 | +0.028% | $1.0M | $4.8M | 20x | as long as short |
| Aster MUUSD1 | +0.0171% | 8h | 1,046.8 | +0.102% | $21.6M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0200% | 8h | 1,046.3 | +0.049% | $2.6M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0213% | 8h | 1,046.3 | +0.049% | $125.0M | $533.2M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,045.5 | −0.029% | $757K | $1.4M | 10x | as long as short |
| Bullet MU-USD | +0.0225% | 1h | 1,046.2 | +0.040% | $25K | $395K | 10x | as long as short |
| Nado MU-PERP | +0.0244% | 1h | 1,045.5 | −0.026% | $270K | $875K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0257% | 8h | 1,046.2 | +0.041% | $82K | $1.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0267% | 1h | 1,045.8 | +0.006% | $62K | $260K | 10x | as long as short |
| Bybit MUUSDT | +0.0285% | 8h | 1,046.4 | +0.061% | $19.2M | $32.6M | 100x | as long as short |
| tradeXYZ xyz:MU | +0.0292% | 1h | 1,046 | +0.021% | $176.8M | $105.6M | 10x | as long as short |
| BloFin MU-USDT | +0.0333% | 8h | 1,046.2 | +0.040% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,046.6 | +0.078% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.8 | +0.002% | $74K | $240K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,046.7 | +0.089% | $317K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0696% | 1h | 1,045.2 | −0.058% | $540K | $1.1M | 10x | as long as short |
HTX MU-USDT
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Polymarket Perps MU-USD
OKX MU-USDT-SWAP
SoDEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Bitget MUUSDT
Paradex MU-USD-PERP
Lighter MU
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
Coinbase International MU-PERP-INTX
Bullet MU-USD
GRVT MU_USDT_Perp
Deribit MU_USDC-PERPETUAL
Bybit MUUSDT
tradeXYZ xyz:MU
BloFin MU-USDT
Phoenix MU
RISEx MU/USDC
Extended MU_24_5-USD