Funding you earn now, next payment 08:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.53 per $10,000 · paid last 24h −0.025%
Price spread now: HTX against Paradex−0.032%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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.032% cheaper against Paradex than usual: you would sell low and buy high (−$3 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 | Paradex MU-USD-PERP | 1,035.8 | 0.0053 | pay 0.0053% / 8h | 1h 41m | $2K | — | 5x |
| Short | HTX MU-USDT | 1,035.5 | 0 | get 0.0000% / 8h | 1h 41m | $127K | $441K | 50x |
Paradex MU-USD-PERP
HTX MU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$11.03
- Price spread: −0.032% → 0.000%
- −$3.2
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$30.24
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; HTX: live order book, 1 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 HTX live order book, 1 min ago | 0.19 bp | 13.6 bp −$14 | 14.6 bp −$146 | 27.3 bp −$2,728 | 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 | −0.0796% | 4h | 1,036.5 | +0.072% | $1.3M | $674K | 10x | as long as short |
| Bitget MUUSDT | −0.0154% | 8h | 1,036.1 | +0.027% | $20.2M | $41.4M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,036.6 | +0.079% | $21.1M | $57.9M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,036 | +0.018% | $121.3M | $537.2M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,036.2 | +0.035% | $18.5M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,035.9 | +0.011% | $29.9M | $100.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,035.9 | +0.007% | $314K | $386K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035.8 | −0.001% | $61.6M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036.4 | +0.062% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.6 | +0.077% | $75K | $1.4M | 10x | as long as short |
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_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,036.6 | +0.075% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,036.9 | +0.101% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,035.8 | 0.000% | $74K | $552K | 10x | as long as short |
| HTX MU-USDTshort | 0.0000% | 8h | 1,035.5 | −0.032% | $127K | $441K | 50x | |
| Bullet MU-USD | +0.0011% | 1h | 1,035.7 | −0.010% | $26K | $389K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,036.4 | +0.057% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0020% | 1h | 1,035.4 | −0.042% | $277K | $816K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,036.4 | +0.055% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036.3 | +0.043% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,035.5 | −0.026% | $540K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,035.4 | −0.037% | $7.0M | $18.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.502% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036.2 | +0.040% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035.8 | +0.004% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,035.6 | −0.019% | $176.0M | $89.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.5 | −0.029% | $168K | $196K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,035.8 | 0.000% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,034.8 | −0.096% | $1.8M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERPlong | +0.0053% | 8h | 1,035.8 | long leg | $2K | — | 5x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,035.5 | −0.030% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,035.6 | −0.023% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,035.8 | −0.004% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,036.8 | +0.096% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036 | +0.020% | $824 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | +0.021% | $731K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,036.4 | +0.057% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,036.8 | +0.096% | $530K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
Bullet MU-USD
Aftermath Perps MUUSD
Nado MU-PERP
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-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
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU