MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0101%/8h= +11.0% APRnext payment +$1.01 per $10,000 · paid last 24h −0.004%

Price spread now: Bybit against Orderly+0.053%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Bybit

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.053% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MU_USDC_mythos	1,051.4	0.0100	pay 0.0100% / 8h	7h 06m	$836	$799	20x
Short	Bybit MUUSDT	1,051.9	0.0201	get 0.0201% / 8h	7h 06m	$19.4M	$32.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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 OrderlybpFee BybitbpOrdersPrice spread, now +0.053%Rate

Funding earned: $21.16
Price spread: +0.053% → 0.000%: $5.33
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $9.49
Costs to cover: 0.170%
Break-even: 3.9 days

Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 2 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 Orderly no order-book sample	—	—	—	—	—
Sell Bybit live order book, 2 min ago	0.76 bp	6.9 bp −$7	10.0 bp −$100	32.3 bp −$3,234	doesn't fit

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	−0.0751%	4h	1,051.1	−0.024%	$1.3M	$671K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,051.2	−0.015%	$62.7M	$29.1M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,050.4	−0.090%	$190K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,052.6	+0.115%	$11K	$6.1M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,051.3	−0.007%	$129K	$424K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,051	−0.040%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,051	−0.034%	$1.2M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	−0.001%	$19K	$5K	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,052.1	+0.072%	—	$179K	25x	as long as short
Lighter MU	+0.0048%	1h	1,051	−0.031%	$1.1M	$4.8M	20x	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	1,051	−0.035%	$171K	$203K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,050.8	−0.055%	$2.0M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,051.1	−0.026%	$7.6M	$21.2M	10x	as long as short
SoDEX MU-USD	+0.0068%	1h	1,051.4	+0.004%	$690K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0085%	8h	1,051.2	−0.017%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0087%	1h	1,050.8	−0.058%	$274K	$857K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,051.1	−0.023%	$149K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,051.1	−0.028%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.6	−0.069%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythoslong	+0.0100%	8h	1,051.4	long leg	$836	$799	20x
OKX MU-USDT-SWAP	+0.0108%	8h	1,051.7	+0.028%	$31.0M	$101.7M	50x	as long as short
Aevo MU-PERP	+0.0144%	1h	1,051.3	−0.003%	$32K	$1K	10x	as long as short
Bullet MU-USD	+0.0177%	1h	1,051.5	+0.012%	$26K	$396K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,050.5	−0.085%	$762K	$1.2M	10x	as long as short
Bybit MUUSDTshort	+0.0201%	8h	1,051.9	+0.053%	$19.4M	$32.6M	100x
tradeXYZ xyz:MU	+0.0204%	1h	1,051.3	−0.007%	$178.5M	$100.1M	10x	as long as short
Arcus MU-USD	+0.0240%	1h	1,051.2	−0.020%	$71K	$242K	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0245%	1h	1,051.4	+0.003%	$65K	$312K	10x	as long as short
Variational Omni MU	+0.0248%	8h	1,051.1	−0.030%	$2.7M	$2.4M	—	as long as short
Aster MUUSD1	+0.0264%	8h	1,050.9	−0.048%	$21.6M	$48.4M	20x	as long as short
Binance MUUSDT	+0.0267%	8h	1,051.5	+0.010%	$126.4M	$521.4M	50x	as long as short
RISEx MU/USDC	+0.0312%	1h	1,051.3	−0.010%	$316K	$339K	20x	as long as short
Extended MU_24_5-USD	+0.0312%	1h	1,050.6	−0.069%	$559K	$1.1M	10x	as long as short
Phoenix MU	+0.0383%	1h	1,051.5	+0.012%	$538K	$306K	15x	as long as short
BloFin MU-USDT	+0.0386%	8h	1,051.6	+0.020%	$1.5M	$2.0M	20x	as long as short
Bitget MUUSDT	+0.0417%	8h	1,051.3	−0.011%	$20.6M	$41.6M	50x	as long as short
GRVT MU_USDT_Perp	+0.0569%	8h	1,051.2	−0.017%	$83K	$1.3M	10x	as long as short