Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.51 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against Paradex−0.008%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MU-USD-PERP | 1,037 | 0.0051 | pay 0.0051% / 8h | 2h 33m | $2K | — | 5x |
| Short | Bybit MUUSDT | 1,036.9 | 0 | get 0.0000% / 8h | 2h 33m | $18.4M | $32.0M | 100x |
Paradex MU-USD-PERP
Bybit MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$10.81
- Price spread: −0.008% → 0.000%
- −$0.81
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$26.62
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 10 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 Bybit live order book, 10 min ago | 0.38 bp | 7.7 bp −$8 | 10.0 bp −$100 | 27.1 bp −$2,705 | 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 | −0.0056% | 4h | 1,039 | +0.192% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.3 | +0.028% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,036.7 | −0.031% | $121.2M | $527.2M | 50x | as long as short |
| Bybit MUUSDTshort | 0.0000% | 8h | 1,036.9 | −0.008% | $18.4M | $32.0M | 100x | |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036.6 | −0.044% | $30.0M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,036.9 | −0.012% | $335K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,036.7 | −0.025% | $61.5M | $28.2M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,036.8 | −0.023% | $20.3M | $41.0M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.2 | +0.120% | $2.6M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,039.6 | +0.249% | $75K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
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 | 1,038.8 | +0.175% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,038.2 | +0.117% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.7 | −0.030% | $127K | $447K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,038.4 | +0.130% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,036.7 | −0.030% | $7.0M | $17.9M | 10x | as long as short |
| Nado MU-PERP | +0.0024% | 1h | 1,036.7 | −0.026% | $277K | $819K | 10x | as long as short |
| Bullet MU-USD | +0.0025% | 1h | 1,037.2 | +0.019% | $26K | $391K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0030% | 1h | 1,036.7 | −0.027% | $73K | $510K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036.9 | −0.011% | $1.2M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.2 | −0.079% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.384% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,038.2 | +0.111% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.3 | +0.030% | — | $174K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036.5 | −0.049% | $176.1M | $92.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,036.7 | −0.029% | $168K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037 | −0.005% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,036.4 | −0.063% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERPlong | +0.0051% | 8h | 1,037 | long leg | $2K | — | 5x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.6 | −0.040% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,036.7 | −0.032% | $146K | $187K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,036.7 | −0.029% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.8 | +0.168% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.9 | −0.007% | $824 | $799 | 20x | as long as short |
| Lighter MU | +0.0104% | 1h | 1,036.9 | −0.009% | $1.0M | $4.9M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.3 | +0.124% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,037.9 | +0.084% | $741K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.9 | +0.086% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU