MU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.007%

Price spread now: SoDEX against Injective−1.407%62s7-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 SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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. SoDEX is 1.407% cheaper against Injective than usual: you would sell low and buy high (spread −1.407% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$141 on $10k: about 9 months of funding at the current rate (+$1 a day). The two prices were read 62 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	Injective MU/USDC PERP	1,051.4	0.0033	pay 0.0004% / 1h	59m 42s	$19K	$5K	12x
Short	SoDEX MU-USD	1,036.6	0.0050	get 0.0006% / 1h	59m 42s	$680K	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −1.407%Rate

Funding earned: $3.5
Price spread: −1.407% → 0.000%: −$140.67
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$145.19
Costs to cover: 0.080%
Break-even: 297.4 days

Slippage unknown: Injective: no order-book sample; SoDEX: live order book, 44 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 SoDEX live order book, 44 min ago	0.05 bp	11.9 bp −$12	44.7 bp −$447	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	−0.0224%	4h	1,037	−1.362%	$1.3M	$673K	10x	as long as short
Bitget MUUSDT	−0.0163%	8h	1,036.7	−1.399%	$20.2M	$40.4M	50x	as long as short
Nado MU-PERP	−0.0002%	1h	1,036.3	−1.434%	$278K	$809K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,036.7	−1.391%	$21.1M	$64.1M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,036.4	−1.421%	$122.0M	$538.8M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,036.4	−1.425%	$18.7M	$32.3M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,036.4	−1.428%	$29.7M	$99.9M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,036.8	−1.388%	$313K	$386K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,036.4	−1.428%	$61.4M	$28.7M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,036.4	−1.420%	$2.5M	$2.5M	—	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MU_USDT_Perp	0.0000%	8h	1,036.7	−1.390%	$83K	$1.4M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,037.1	−1.355%	$187K	$3.5M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,036.8	−1.385%	$25K	$390K	10x	as long as short
SunX MU-USDT	0.0000%	8h	1,038.2	−1.256%	$11K	$5.6M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,036.7	−1.397%	$74K	$584K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,036.4	−1.419%	$127K	$460K	50x	as long as short
Aftermath Perps MUUSD	+0.0015%	1h	1,036.9	−1.372%	$3K	$44K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,036.3	−1.434%	$1.1M	$4.5M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,036	−1.458%	$554K	$1.1M	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,036.4	−1.423%	$7.0M	$18.7M	10x	as long as short
Injective MU/USDC PERPlong	+0.0033%	1h	1,051.4	long leg	$19K	$5K	12x
Lighter MU	+0.0040%	1h	1,036.4	−1.422%	$1.0M	$4.9M	20x	as long as short
Arcus MU-USD	+0.0040%	1h	1,036.7	−1.398%	$90K	$244K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,036.6	−1.406%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,036	−1.461%	$176.1M	$85.6M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,036.5	−1.413%	$168K	$195K	10x	as long as short
SoDEX MU-USDshort	+0.0050%	1h	1,036.6	−1.407%	$680K	$15K	10x
Ondo Perps MU-USD.P	+0.0050%	1h	1,036.4	−1.421%	$1.8M	$2.7M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,036.4	−1.421%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,036.3	−1.435%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,036.4	−1.419%	$147K	$189K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,036.4	−1.426%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,037.6	−1.308%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,036.7	−1.391%	$824	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0104%	1h	1,038.8	−1.197%	$734K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,036.7	−1.399%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0231%	1h	1,037.3	−1.337%	$531K	$270K	15x	as long as short