Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against Orderly−0.105%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.105% cheaper against Orderly than usual: you would sell low and buy high (−$10 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 | 1,040.8 | 0.0100 | pay 0.0100% / 8h | 3h 01m | $827 | $799 | 20x |
| Short | Gate MU_USDT | 1,039.7 | 0 | get 0.0000% / 8h | 3h 01m | $61.7M | $28.1M | 75x |
Orderly PERP_MU_USDC_mythos
Gate MU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21
- Price spread: −0.105% → 0.000%
- −$10.47
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$52.47
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: 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 Gate live order book, 2 min ago | 0.96 bp | 9.4 bp −$9 | 15.8 bp −$158 | 35.4 bp −$3,543 | 60.3 bp −$30.2K |
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 | −0.0412% | 4h | 1,042.8 | +0.187% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,040.5 | −0.030% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,039.9 | −0.085% | $123.1M | $526.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,040 | −0.081% | $18.5M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,039.8 | −0.095% | $30.5M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,041.7 | +0.088% | $336K | $354K | 20x | as long as short |
| Gate MU_USDTshort | 0.0000% | 8h | 1,039.7 | −0.105% | $61.7M | $28.1M | 75x | |
| Bitget MUUSDT | 0.0000% | 8h | 1,040.6 | −0.022% | $20.4M | $41.7M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,043.3 | +0.239% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,043 | +0.212% | $83K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,042.8 | +0.187% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,043 | +0.209% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040.9 | +0.012% | $129K | $435K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,042.1 | +0.127% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,041.5 | +0.061% | $7.0M | $18.0M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,040.7 | −0.014% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,040.3 | −0.051% | $1.3M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,039.3 | −0.145% | $553K | $1.1M | 10x | as long as short |
| Nado MU-PERP | +0.0032% | 1h | 1,041.2 | +0.038% | $280K | $823K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.013% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0038% | 1h | 1,041.6 | +0.071% | $25K | $392K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,042.2 | +0.132% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.7 | +0.083% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,040 | −0.079% | $176.8M | $95.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,041.2 | +0.037% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,040.9 | +0.010% | $683K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,041.7 | +0.085% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,040.7 | −0.013% | $1.9M | $2.3M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0067% | 1h | 1,040.7 | −0.012% | $73K | $493K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.7 | −0.008% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,041.5 | +0.066% | $147K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,039.8 | −0.102% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,042.3 | +0.140% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythoslong | +0.0100% | 8h | 1,040.8 | long leg | $827 | $799 | 20x | |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,044.6 | +0.363% | $749K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,041.8 | +0.094% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,043.1 | +0.219% | $534K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Nado MU-PERP
Injective MU/USDC PERP
Bullet MU-USD
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Ondo Perps MU-USD.P
Deribit MU_USDC-PERPETUAL
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU