MU

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h +0.022%

Price spread now: Deribit against Injective−0.774%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Deribit

What this pair did over the last

the charts below follow

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—needs both histories

Funding pays, the price is against you. Deribit is 0.774% cheaper against Injective than usual: you would sell low and buy high (spread −0.774% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$77 on $10k: about 26 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MU/USDC PERP	1,050.7	0.0033	pay 0.0004% / 1h	12m 31s	$14K	$302	12x
Short	Deribit MU_USDC-PERPETUAL	1,042.6	0.0134	get 0.0017% / 1h	12m 31s	$58K	$223K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee DeribitbpOrdersPrice spread, now −0.774%Rate

Funding earned: $21.1
Price spread: −0.774% → 0.000%: −$77.38
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$63.3
Costs to cover: 0.070%
Break-even: 28.0 days

Slippage unknown: Injective: no order-book sample; Deribit: live order book, 11 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Deribit live order book, 11 min ago	0.05 bp	16.4 bp −$16	21.1 bp −$211	doesn't fit	doesn't fit

Injective: 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	−0.0320%	4h	1,043	−0.731%	$1.3M	$674K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,043.4	−0.699%	$21.5M	$46.2M	20x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,042.9	−0.740%	$30.7M	$104.3M	50x	as long as short
Gate MU_USDT	0.0000%	8h	1,042.9	−0.742%	$62.9M	$29.1M	75x	as long as short
SunX MU-USDT	0.0000%	8h	1,045.1	−0.536%	$11K	$6.7M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,042.7	−0.765%	$125K	$442K	50x	as long as short
StandX MU-USD	+0.0014%	1h	1,042.6	−0.769%	$188K	$3.3M	20x	as long as short
Aftermath Perps MUUSD	+0.0027%	1h	1,042.6	−0.768%	$3K	$44K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,042.7	−0.767%	$1.1M	$4.3M	10x	as long as short
Injective MU/USDC PERPlong	+0.0033%	1h	1,050.7	long leg	$14K	$302	12x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MU-USD-PERP	+0.0046%	1h	1,042.8	−0.756%	—	$193K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,042.8	−0.753%	$165K	$180K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,042.8	−0.753%	$684K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,041.8	−0.853%	$2.0M	$2.6M	10x	as long as short
QFEX MU-USD	+0.0057%	1h	1,042.8	−0.749%	$7.8M	$24.1M	10x	as long as short
Bitget MUUSDT	+0.0071%	8h	1,042.8	−0.756%	$20.4M	$42.8M	50x	as long as short
Variational Omni MU	+0.0078%	8h	1,043.3	−0.706%	$2.7M	$2.7M	—	as long as short
Pacifica MU	+0.0100%	1h	1,042.3	−0.797%	$153K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,042.6	−0.776%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,042.9	−0.739%	$71K	$267K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043	−0.731%	$829	$799	20x	as long as short
Aevo MU-PERP	+0.0104%	1h	1,042.8	−0.753%	$33K	—	10x	as long as short
Binance MUUSDT	+0.0105%	8h	1,043	−0.735%	$124.7M	$540.4M	50x	as long as short
Paradex MU-USD-PERP	+0.0119%	8h	1,042.8	−0.757%	$2K	—	5x	as long as short
Deribit MU_USDC-PERPETUALshort	+0.0134%	1h	1,042.6	−0.774%	$58K	$223K	10x
Coinbase International MU-PERP-INTX	+0.0152%	1h	1,043.8	−0.656%	$756K	$1.5M	10x	as long as short
GRVT MU_USDT_Perp	+0.0172%	8h	1,043.6	−0.672%	$82K	$1.4M	10x	as long as short
Bybit MUUSDT	+0.0185%	8h	1,043	−0.731%	$19.1M	$32.5M	100x	as long as short
Nado MU-PERP	+0.0195%	1h	1,041.9	−0.841%	$306K	$845K	10x	as long as short
Lighter MU	+0.0200%	1h	1,042.8	−0.758%	$999K	$4.8M	20x	as long as short
RISEx MU/USDC	+0.0202%	1h	1,043.2	−0.712%	$285K	$333K	20x	as long as short
tradeXYZ xyz:MU	+0.0209%	1h	1,042.5	−0.781%	$176.2M	$107.2M	10x	as long as short
BloFin MU-USDT	+0.0225%	8h	1,043.1	−0.724%	$1.5M	$2.1M	20x	as long as short
Arcus MU-USD	+0.0226%	1h	1,042.9	−0.745%	$63K	$230K	10x	as long as short
Bullet MU-USD	+0.0229%	1h	1,043.1	−0.723%	$26K	$400K	10x	as long as short
Phoenix MU	+0.0230%	1h	1,043.7	−0.667%	$534K	$303K	15x	as long as short
Extended MU_24_5-USD	+0.0696%	1h	1,041.9	−0.838%	$540K	$1.1M	10x	as long as short