Funding you earn now, next payment 06:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h −0.059%
Price spread now: Injective against RISEx+0.761%7-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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.761% dearer against RISEx than usual: you sell high and buy low: +$76 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MU/USDC | 1,043.4 | 0 | get 0.0000% / 1h | 49m 03s | $337K | $354K | 20x |
| Short | Injective MU/USDC PERP | 1,051.4 | 0.0033 | get 0.0004% / 1h | 49m 03s | $19K | $5K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against RISEx. 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
- $7
- Price spread: +0.761% → 0.000%
- $76.1
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $77.08
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: RISEx: live order book, 64 min ago; Injective: no order-book sample. 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 RISEx live order book, 64 min ago | 1.48 bp | 4.5 bp −$4 | 5.5 bp −$55 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0859% | 4h | 1,043 | −0.038% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,043.3 | −0.015% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,042.9 | −0.053% | $122.9M | $525.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,043 | −0.037% | $18.6M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,042.9 | −0.055% | $30.4M | $99.9M | 50x | as long as short |
| RISEx MU/USDClong | 0.0000% | 1h | 1,043.4 | long leg | $337K | $354K | 20x | |
| Gate MU_USDT | 0.0000% | 8h | 1,043 | −0.038% | $61.9M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,043.1 | −0.035% | $20.4M | $41.1M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,043.4 | −0.001% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,043.6 | +0.018% | $83K | $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 | 1,043.6 | +0.021% | $189K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,044.8 | +0.136% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,043 | −0.039% | $73K | $502K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,042.7 | −0.068% | $128K | $440K | 50x | as long as short |
| Nado MU-PERP | +0.0006% | 1h | 1,043 | −0.041% | $281K | $821K | 10x | as long as short |
| Bullet MU-USD | +0.0015% | 1h | 1,043.4 | −0.005% | $26K | $392K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,042.9 | −0.054% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,043.2 | −0.018% | $7.0M | $18.0M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,042.8 | −0.058% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,042.5 | −0.092% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERPshort | +0.0033% | 1h | 1,051.4 | +0.761% | $19K | $5K | 12x | |
| Arcus MU-USD | +0.0040% | 1h | 1,042.9 | −0.047% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043.8 | +0.036% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,042.5 | −0.088% | $177.2M | $93.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043 | −0.040% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043 | −0.039% | $684K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,043.1 | −0.027% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,043.3 | −0.015% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,042.7 | −0.074% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.2 | −0.020% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.7 | −0.065% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.3 | −0.014% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.1 | −0.028% | $829 | $799 | 20x | as long as short |
| Lighter MU | +0.0120% | 1h | 1,043 | −0.043% | $1.1M | $4.9M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,043.1 | −0.032% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,043.3 | −0.010% | $745K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,043 | −0.040% | $534K | $270K | 15x | as long as short |
RISEx MU/USDC
Injective MU/USDC PERP
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bullet MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU