Funding you earn now, next payment 12:00 UTC−0.0630%/8h= −69.0% APRpaid last 24h −0.102%
Price spread now: edgeX against Orderly−0.125%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and edgeX is 0.125% cheaper against Orderly than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MU_USDC_mythos | 1,040.1 | 0.0100 | pay 0.0100% / 8h | 5h 52m | $827 | $799 | 20x |
| Short | edgeX MUUSDC | 1,038.8 | −0.0530 | pay 0.0265% / 4h | 1h 52m | $1.3M | $694K | 10x |
Orderly PERP_MU_USDC_mythos
edgeX MUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Orderly. 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
- −$132.36
- Price spread: −0.125% → 0.000%
- −$12.48
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$159.85
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 4 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 edgeX live order book, 4 min ago | 0.58 bp | 5.2 bp −$5 | 7.0 bp −$70 | 28.4 bp −$2,840 | 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 exchanges
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 MUUSDCshort | −0.0530% | 4h | 1,038.8 | −0.125% | $1.3M | $694K | 10x | |
| Aster MUUSD1 | 0.0000% | 8h | 1,040.5 | +0.033% | $21.2M | $73.4M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,040.1 | −0.004% | $121.7M | $555.3M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040 | −0.012% | $29.7M | $107.9M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,040.1 | −0.007% | $61.2M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,039.9 | −0.021% | $19.8M | $43.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,039.5 | −0.064% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,039.5 | −0.061% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,042.1 | +0.189% | $11K | $5.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,039.8 | −0.034% | $36K | $717K | 10x | as long as short |
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,040.2 | +0.007% | $119K | $474K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,039.8 | −0.030% | $1.2M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.080% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0034% | 1h | 1,039.1 | −0.098% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.3 | +0.116% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,040.1 | −0.003% | $170K | $180K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.1 | −0.095% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0058% | 1h | 1,040 | −0.016% | $7.0M | $19.3M | 10x | as long as short |
| SoDEX MU-USD | +0.0064% | 1h | 1,040.6 | +0.041% | $683K | $13K | 10x | as long as short |
| Bybit MUUSDT | +0.0073% | 8h | 1,040.3 | +0.018% | $18.8M | $32.3M | 100x | as long as short |
| Paradex MU-USD-PERP | +0.0080% | 8h | 1,039.8 | −0.035% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.2 | +0.004% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,039.6 | −0.055% | $151K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,039.7 | −0.039% | $5.2M | $5.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,040.4 | +0.026% | $71K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythoslong | +0.0100% | 8h | 1,040.1 | long leg | $827 | $799 | 20x | |
| Nado MU-PERP | +0.0107% | 1h | 1,039.7 | −0.039% | $277K | $842K | 10x | as long as short |
| RISEx MU/USDC | +0.0118% | 1h | 1,040.1 | −0.003% | $299K | $351K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040.9 | +0.069% | $1.5M | $2.6M | 20x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,039.3 | −0.084% | $90K | $148K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0192% | 1h | 1,039.6 | −0.056% | $727K | $1.2M | 10x | as long as short |
| Bullet MU-USD | +0.0204% | 1h | 1,040.6 | +0.045% | $24K | $386K | 10x | as long as short |
| Lighter MU | +0.0216% | 1h | 1,039.9 | −0.020% | $1.0M | $5.0M | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0219% | 8h | 1,040 | −0.010% | $81K | $1.4M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0231% | 1h | 1,040.2 | +0.007% | $177.4M | $75.6M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,039.4 | −0.070% | $532K | $159K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0336% | 1h | 1,039 | −0.112% | $551K | $1.1M | 10x | as long as short |
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
SoDEX MU-USD
Bybit MUUSDT
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Nado MU-PERP
RISEx MU/USDC
BloFin MU-USDT
Arcus MU-USD
Coinbase International MU-PERP-INTX
Bullet MU-USD
Lighter MU
GRVT MU_USDT_Perp
tradeXYZ xyz:MU
Phoenix MU
Extended MU_24_5-USD