Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h −0.021%
Price spread now: OKX against KuCoin+0.023%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 7 days−0.073%−$7 · spread now +0.023%, 7d avg +0.037%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUUSDTM | 1,050 | 0.0100 | pay 0.0100% / 8h | 7h 24m | $5.3M | $3.5M | 20x |
| Short | OKX MU-USDT-SWAP | 1,050.3 | 0.0104 | get 0.0104% / 8h | 7h 24m | $30.9M | $101.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. 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
- $0.76
- Price spread: +0.023% → +0.037%
- −$1.39
- Slippage, 4 orders
- −$14.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$37.31
- Costs to cover
- 0.367%
- Break-even
- 349.2 days
Slippage from KuCoin: live order book, 3 min ago; OKX: live order book, 4 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 KuCoin live order book, 3 min ago | 3.52 bp | 12.1 bp −$12 | 514.0 bp −$5,140 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.05 bp | 5.7 bp −$6 | 7.5 bp −$75 | 21.8 bp −$2,178 | doesn't fit |
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 | −0.0576% | 4h | 1,052.5 | +0.237% | $1.3M | $672K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.2 | +0.019% | $62.8M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.3 | +0.028% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.6 | +0.243% | $11K | $6.2M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,051.1 | +0.096% | $129K | $424K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,050.4 | +0.038% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,050.4 | +0.036% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.5 | +0.048% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.126% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.4 | +0.132% | — | $179K | 25x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,050 | −0.004% | $171K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.7 | −0.033% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,050.5 | +0.039% | $7.7M | $22.0M | 10x | as long as short |
| Nado MU-PERP | +0.0085% | 1h | 1,049.7 | −0.035% | $274K | $857K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0092% | 8h | 1,050.5 | +0.044% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.6 | +0.056% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTMlong | +0.0100% | 8h | 1,050 | long leg | $5.3M | $3.5M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052 | +0.183% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.5 | +0.043% | $835 | $799 | 20x | as long as short |
| OKX MU-USDT-SWAPshort | +0.0104% | 8h | 1,050.3 | +0.023% | $30.9M | $101.8M | 50x | |
| Aevo MU-PERP | +0.0136% | 1h | 1,050 | −0.003% | $32K | $1K | 10x | as long as short |
| SoDEX MU-USD | +0.0139% | 1h | 1,051.2 | +0.111% | $690K | $16K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,048.4 | −0.160% | $759K | $1.2M | 10x | as long as short |
| Bybit MUUSDT | +0.0197% | 8h | 1,050.5 | +0.039% | $19.4M | $32.6M | 100x | as long as short |
| Bullet MU-USD | +0.0219% | 1h | 1,050.5 | +0.044% | $26K | $396K | 10x | as long as short |
| Variational Omni MU | +0.0224% | 8h | 1,051.7 | +0.153% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0235% | 8h | 1,050.1 | +0.008% | $21.6M | $48.3M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0235% | 1h | 1,051.1 | +0.103% | $64K | $304K | 10x | as long as short |
| Binance MUUSDT | +0.0237% | 8h | 1,050.4 | +0.032% | $126.0M | $522.5M | 50x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,051.1 | +0.099% | $71K | $243K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0250% | 1h | 1,050.1 | +0.006% | $178.3M | $100.3M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,050.4 | +0.038% | $316K | $339K | 20x | as long as short |
| BloFin MU-USDT | +0.0355% | 8h | 1,051.3 | +0.117% | $1.5M | $2.0M | 20x | as long as short |
| Bitget MUUSDT | +0.0377% | 8h | 1,050.3 | +0.023% | $20.6M | $41.6M | 50x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,050.2 | +0.015% | $537K | $306K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0400% | 1h | 1,049.8 | −0.020% | $570K | $1.2M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0551% | 8h | 1,052.6 | +0.241% | $83K | $1.3M | 10x | as long as short |
KuCoin MUUSDTM
OKX MU-USDT-SWAP
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Polymarket Perps MU-USD
Paradex MU-USD-PERP
Pacifica MU
ApeX Omni MUUSDT
SoDEX MU-USD
Coinbase International MU-PERP-INTX
Bybit MUUSDT
Bullet MU-USD
Variational Omni MU
Aster MUUSD1
Deribit MU_USDC-PERPETUAL
Binance MUUSDT
tradeXYZ xyz:MU
RISEx MU/USDC
BloFin MU-USDT
Bitget MUUSDT
Phoenix MU
Extended MU_24_5-USD
GRVT MU_USDT_Perp