Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.52 per $10,000 · paid last 24h −0.025%
Price spread now: Gate against Paradex−0.016%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 | 1,053.2 | 0.0052 | pay 0.0052% / 8h | 4h 21m | $2K | — | 5x |
| Short | Gate MU_USDT | 1,053.1 | 0 | get 0.0000% / 8h | 4h 21m | $62.4M | $27.5M | 75x |
Paradex MU-USD-PERP
Gate MU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.84
- Price spread: −0.016% → 0.000%
- −$1.59
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$31.43
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 1.19 bp | 9.6 bp −$10 | 14.1 bp −$141 | 33.0 bp −$3,300 | 58.3 bp −$29.2K |
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 | −0.0836% | 4h | 1,052.4 | −0.079% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,053.3 | +0.011% | $21.5M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,053.2 | −0.001% | $31.2M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,053.4 | +0.018% | $334K | $348K | 20x | as long as short |
| Gate MU_USDTshort | 0.0000% | 8h | 1,053.1 | −0.016% | $62.4M | $27.5M | 75x | |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.9 | −0.033% | $82K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052.8 | −0.046% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,053.3 | +0.007% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,053.2 | −0.007% | $131K | $434K | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0016% | 1h | 1,053 | −0.019% | $70K | $432K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
RISEx MU/USDC
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MU | +0.0020% | 8h | 1,052 | −0.119% | $2.7M | $2.4M | — | as long as short |
| Aftermath Perps MUUSD | +0.0021% | 1h | 1,052.1 | −0.106% | $3K | $44K | 10x | as long as short |
| Bybit MUUSDT | +0.0026% | 8h | 1,053.4 | +0.015% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,053.2 | −0.008% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,052.3 | −0.086% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.178% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,053.1 | −0.010% | $7.1M | $17.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052.5 | −0.075% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,054.3 | +0.099% | — | $176K | 25x | as long as short |
| Bullet MU-USD | +0.0048% | 1h | 1,053.2 | −0.005% | $25K | $396K | 10x | as long as short |
| Nado MU-PERP | +0.0049% | 1h | 1,052.9 | −0.034% | $282K | $837K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.9 | −0.032% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,053 | −0.019% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,052.6 | −0.064% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERPlong | +0.0052% | 8h | 1,053.2 | long leg | $2K | — | 5x | |
| Binance MUUSDT | +0.0053% | 8h | 1,053.3 | +0.002% | $126.8M | $516.6M | 50x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,053.3 | +0.005% | $1.1M | $5.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0076% | 1h | 1,052.9 | −0.032% | $179.0M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.9 | −0.033% | $759K | $1.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0095% | 8h | 1,053.3 | +0.003% | $20.5M | $41.1M | 50x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,052.8 | −0.043% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.7 | −0.052% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,053 | −0.026% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.4 | −0.079% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,053.2 | −0.001% | $837 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0174% | 8h | 1,052.9 | −0.032% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,053.3 | +0.006% | $539K | $271K | 15x | as long as short |
Variational Omni MU
Aftermath Perps MUUSD
Bybit MUUSDT
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
QFEX MU-USD
Arcus MU-USD
Vest MU-USD-PERP
Bullet MU-USD
Nado MU-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Binance MUUSDT
Lighter MU
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Bitget MUUSDT
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU