Funding you earn now, next payment 16:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.64 per $10,000 · paid last 24h +0.037%
Price spread now: BloFin against Paradex−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. BloFin is 0.044% cheaper against Paradex than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MU-USD-PERP | 1,029.8 | 0.0056 | pay 0.0056% / 8h | 7h 41m | $2K | — | 5x |
| Short | BloFin MU-USDT | 1,029.4 | 0.0120 | get 0.0120% / 8h | 7h 41m | $1.5M | $2.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Paradex. 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
- $13.36
- Price spread: −0.044% → 0.000%
- −$4.39
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.03
- Costs to cover
- 0.160%
- Break-even
- 10.7 days
Slippage unknown: Paradex: no order-book sample; BloFin: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 2 min ago | 0.10 bp | 6.9 bp −$7 | 7.7 bp −$77 | 14.7 bp −$1,472 | doesn't fit |
Paradex: 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 | −0.0734% | 4h | 1,030.8 | +0.097% | $1.3M | $674K | 10x | as long as short |
| Bitget MUUSDT | −0.0077% | 8h | 1,029.7 | −0.014% | $19.9M | $40.2M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,030 | +0.014% | $21.0M | $68.8M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,029.2 | −0.060% | $121.2M | $543.6M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,029.6 | −0.026% | $18.6M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,029.5 | −0.032% | $29.5M | $100.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,030.1 | +0.026% | $310K | $380K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,029.5 | −0.030% | $61.7M | $27.9M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,030.2 | +0.039% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,030.7 | +0.084% | $72K | $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 | 1,029.8 | −0.001% | $186K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,030.5 | +0.063% | $11K | $5.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,029.2 | −0.059% | $73K | $626K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,029.5 | −0.036% | $119K | $490K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0025% | 1h | 1,030.3 | +0.045% | $3K | $43K | 10x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,029.8 | +0.001% | $6.9M | $18.8M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,028.8 | −0.099% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,029.3 | −0.047% | $543K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.090% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,029.5 | −0.037% | $89K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,029.6 | −0.020% | — | $176K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,029.3 | −0.052% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,029.3 | −0.057% | $675K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,029.2 | −0.062% | $1.8M | $2.9M | 10x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,029.1 | −0.076% | $988K | $4.9M | 20x | as long as short |
| Paradex MU-USD-PERPlong | +0.0056% | 8h | 1,029.8 | long leg | $2K | — | 5x | |
| tradeXYZ xyz:MU | +0.0060% | 1h | 1,029.4 | −0.042% | $174.1M | $80.5M | 10x | as long as short |
| Nado MU-PERP | +0.0077% | 1h | 1,029.6 | −0.024% | $272K | $806K | 10x | as long as short |
| Bullet MU-USD | +0.0080% | 1h | 1,029.8 | −0.004% | $25K | $389K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,029.2 | −0.066% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,030.1 | +0.028% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,029.6 | −0.022% | $146K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,029.6 | −0.025% | $5.1M | $4.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,032 | +0.212% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,029.6 | −0.023% | $819 | $799 | 20x | as long as short |
| BloFin MU-USDTshort | +0.0120% | 8h | 1,029.4 | −0.044% | $1.5M | $2.2M | 20x | |
| Phoenix MU | +0.0231% | 1h | 1,031.9 | +0.201% | $528K | $270K | 15x | as long as short |
Paradex MU-USD-PERP
BloFin MU-USDT
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Lighter MU
tradeXYZ xyz:MU
Bullet MU-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Phoenix MU