Funding you earn now, next payment 07:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.011%
Price spread now: QFEX against Paradex+0.016%54s7-day average — · you sell dearer than you buy
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: −$1 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MU-USD-PERP | 1,036.3 | 0.0053 | pay 0.0053% / 8h | 1h 46m | $2K | — | 5x |
| Short | QFEX MU-USD | 1,036.5 | 0.0032 | get 0.0004% / 1h | 46m 41s | $7.0M | $18.5M | 10x |
Paradex MU-USD-PERP
QFEX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$4.34
- Price spread: +0.016% → 0.000%
- $1.62
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$16.72
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; QFEX: live order book, 8 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 QFEX live order book, 8 min ago | 0.05 bp | 5.4 bp −$5 | 6.0 bp −$60 | 11.5 bp −$1,150 | 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 | −0.0762% | 4h | 1,038.3 | +0.190% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0121% | 8h | 1,036.5 | +0.020% | $20.2M | $41.4M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,036.7 | +0.041% | $21.1M | $57.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,036.3 | +0.001% | $121.4M | $537.0M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,036.4 | +0.008% | $18.5M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036.3 | +0.001% | $29.9M | $101.3M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,036.5 | +0.018% | $315K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,036.1 | −0.021% | $61.4M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.8 | +0.141% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.8 | +0.148% | $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 | 1,038.5 | +0.216% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.8 | +0.144% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,036.4 | +0.011% | $74K | $548K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.4 | +0.009% | $127K | $441K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,037.5 | +0.111% | $3K | $44K | 10x | as long as short |
| Bullet MU-USD | +0.0022% | 1h | 1,036.6 | +0.030% | $25K | $389K | 10x | as long as short |
| Nado MU-PERP | +0.0030% | 1h | 1,037.2 | +0.083% | $276K | $816K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036.3 | +0.004% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.1 | −0.018% | $541K | $1.1M | 10x | as long as short |
| QFEX MU-USDshort | +0.0032% | 1h | 1,036.5 | +0.016% | $7.0M | $18.5M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.453% | $19K | $5K | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,036.3 | −0.005% | $1.1M | $4.9M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036.9 | +0.059% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,036.6 | +0.029% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,035.9 | −0.039% | $176.1M | $89.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,036.3 | 0.000% | $168K | $196K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,036.5 | +0.021% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.6 | −0.066% | $1.8M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERPlong | +0.0053% | 8h | 1,036.3 | long leg | $2K | — | 5x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.3 | −0.003% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,036.1 | −0.023% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,035.9 | −0.040% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.4 | +0.101% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.4 | +0.013% | $824 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,037.6 | +0.123% | $732K | $1.3M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,036.8 | +0.047% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.7 | +0.135% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Bullet MU-USD
Nado MU-PERP
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Lighter MU
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