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: HTX against Orderly+0.019%7-day average — · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MU_USDC_mythos | 1,048.1 | 0.0100 | pay 0.0100% / 8h | 7h 52m | $833 | $799 | 20x |
| Short | HTX MU-USDT | 1,048.3 | 0 | get 0.0000% / 8h | 7h 52m | $130K | $418K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.019% → 0.000%
- $1.91
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$37.09
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 21 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 HTX live order book, 21 min ago | 1.72 bp | 9.4 bp −$9 | 9.4 bp −$94 | 14.9 bp −$1,487 | 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 | −0.0946% | 4h | 1,047 | −0.112% | $1.3M | $671K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048.1 | −0.005% | $63.1M | $28.3M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,047.7 | −0.045% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,050.1 | +0.184% | $11K | $6.3M | 10x | as long as short |
| HTX MU-USDTshort | 0.0000% | 8h | 1,048.3 | +0.019% | $130K | $418K | 50x | |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,046.5 | −0.157% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,048.5 | +0.037% | $1.1M | $4.7M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,048.5 | +0.035% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.246% | $14K | $251 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,048.9 | +0.069% | — | $194K | 25x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,047.5 | −0.064% | $2.0M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,048.4 | +0.024% | $7.8M | $23.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0074% | 1h | 1,048.5 | +0.035% | $62K | $292K | 10x | as long as short |
| Nado MU-PERP | +0.0075% | 1h | 1,048.2 | +0.006% | $272K | $860K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0088% | 8h | 1,048.6 | +0.048% | $30.9M | $101.6M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.5 | +0.034% | $153K | $180K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,047.7 | −0.038% | $5.3M | $3.7M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythoslong | +0.0100% | 8h | 1,048.1 | long leg | $833 | $799 | 20x | |
| Paradex MU-USD-PERP | +0.0107% | 8h | 1,048.6 | +0.048% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,048.1 | −0.001% | $32K | $1K | 10x | as long as short |
| Bitget MUUSDT | +0.0160% | 8h | 1,048.5 | +0.037% | $20.6M | $41.5M | 50x | as long as short |
| Variational Omni MU | +0.0168% | 8h | 1,048.2 | +0.002% | $2.7M | $2.5M | — | as long as short |
| Aster MUUSD1 | +0.0180% | 8h | 1,047.9 | −0.020% | $21.6M | $47.8M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,048.4 | +0.030% | $760K | $1.3M | 10x | as long as short |
| Binance MUUSDT | +0.0187% | 8h | 1,048.7 | +0.051% | $125.4M | $524.9M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0195% | 8h | 1,048 | −0.015% | $82K | $1.4M | 10x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,047.5 | −0.061% | $71K | $243K | 10x | as long as short |
| BloFin MU-USDT | +0.0307% | 8h | 1,048.6 | +0.044% | $1.5M | $2.0M | 20x | as long as short |
| Bybit MUUSDT | +0.0307% | 8h | 1,049 | +0.078% | $19.2M | $32.5M | 100x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,048.4 | +0.024% | $315K | $339K | 20x | as long as short |
| SoDEX MU-USD | +0.0335% | 1h | 1,048.6 | +0.045% | $688K | $16K | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,048.9 | +0.073% | $536K | $306K | 15x | as long as short |
| ApeX Omni MUUSDT | +0.0451% | 1h | 1,048.3 | +0.019% | $71K | $267K | 50x | as long as short |
| Extended MU_24_5-USD | +0.0600% | 1h | 1,047.7 | −0.039% | $552K | $1.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0625% | 1h | 1,048.4 | +0.026% | $170K | $202K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0862% | 1h | 1,048.4 | +0.026% | $177.7M | $100.4M | 10x | as long as short |
| Bullet MU-USD | +0.0874% | 1h | 1,048.4 | +0.027% | $26K | $394K | 10x | as long as short |
HTX MU-USDT
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Deribit MU_USDC-PERPETUAL
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
Paradex MU-USD-PERP
Bitget MUUSDT
Variational Omni MU
Aster MUUSD1
Coinbase International MU-PERP-INTX
Binance MUUSDT
GRVT MU_USDT_Perp
BloFin MU-USDT
Bybit MUUSDT
RISEx MU/USDC
SoDEX MU-USD
Phoenix MU
ApeX Omni MUUSDT
Extended MU_24_5-USD
Polymarket Perps MU-USD
tradeXYZ xyz:MU
Bullet MU-USD