MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.021%

Price spread now: Orderly against OKX−0.155%50s7-day average — · you buy dearer than you sell

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

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Orderly is 0.155% cheaper against OKX than usual: you would sell low and buy high (spread −0.155% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 5.2 days of funding at the current rate (+$3 a day). The two prices were read 50 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	OKX MU-USDT-SWAP	1,037.3	0	get 0.0000% / 8h	2h 30m	$30.0M	$100.3M	50x
Short	Orderly PERP_MU_USDC_mythos	1,035.7	0.0100	get 0.0100% / 8h	2h 30m	$823	$799	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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 OKXbpFee OrderlybpOrdersPrice spread, now −0.155%Rate

Funding earned: $21
Price spread: −0.155% → 0.000%: −$15.52
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$10.52
Costs to cover: 0.160%
Break-even: 10.5 days

Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago	0.05 bp	6.1 bp −$6	8.3 bp −$83	22.9 bp −$2,285	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	−0.0955%	4h	1,035.8	−0.145%	$1.3M	$673K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,037.3	+0.002%	$21.1M	$57.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,037.1	−0.022%	$121.3M	$530.6M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,037.3	+0.005%	$18.5M	$32.0M	100x	as long as short
OKX MU-USDT-SWAPlong	0.0000%	8h	1,037.3	long leg	$30.0M	$100.3M	50x
RISEx MU/USDC	0.0000%	1h	1,037.5	+0.018%	$335K	$370K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,037	−0.025%	$61.5M	$28.3M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,037.5	+0.016%	$20.4M	$41.1M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,036	−0.122%	$2.6M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,035.3	−0.187%	$75K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,035.9	−0.135%	$187K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,037.3	+0.003%	$11K	$5.7M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,036	−0.121%	$73K	$512K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,036.2	−0.104%	$127K	$447K	50x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,036.7	−0.060%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0023%	1h	1,037.2	−0.006%	$7.0M	$18.0M	10x	as long as short
Nado MU-PERP	+0.0024%	1h	1,036.6	−0.070%	$277K	$819K	10x	as long as short
Bullet MU-USD	+0.0029%	1h	1,037.2	−0.012%	$25K	$390K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,036.9	−0.040%	$1.2M	$4.5M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,036.7	−0.061%	$541K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.357%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,036.4	−0.088%	$70K	$231K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,036.7	−0.054%	—	$174K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,036.6	−0.066%	$176.1M	$92.7M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,037	−0.027%	$168K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,035.7	−0.152%	$680K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,034.7	−0.246%	$1.9M	$2.4M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,037.3	+0.005%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,035.5	−0.171%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,037	−0.031%	$146K	$187K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,037	−0.030%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,035.3	−0.196%	$70K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythosshort	+0.0100%	8h	1,035.7	−0.155%	$823	$799	20x
Lighter MU	+0.0112%	1h	1,037.2	−0.008%	$1.0M	$4.9M	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,036.9	−0.035%	$1.5M	$2.0M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0144%	1h	1,035.9	−0.137%	$731K	$1.2M	10x	as long as short
Phoenix MU	+0.0231%	1h	1,037.1	−0.017%	$530K	$270K	15x	as long as short