Funding you earn now, next payment 05:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h +0.014%
Price spread now: Binance against SoDEX+0.028%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 3 days (all we have)+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.028%, 7d avg +0.003%
=The price spread pays, funding is against you. Binance is 0.025% dearer against SoDEX than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of +0.003%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MU-USD | 1,048.4 | 0.0050 | pay 0.0006% / 1h | 46m 49s | $688K | $16K | 10x |
| Short | Binance MUUSDT | 1,048.7 | 0.0002 | get 0.0002% / 8h | 3h 46m | $125.6M | $517.5M | 50x |
SoDEX MU-USD
Binance MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SoDEX. 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
- −$10.05
- Price spread: +0.028% → +0.003%
- $2.46
- Slippage, 4 orders
- −$16.15
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.74
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 7 min ago; Binance: live order book, 12 min ago.
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 SoDEX live order book, 7 min ago | 0.19 bp | 12.1 bp −$12 | 40.2 bp −$402 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.05 bp | 5.0 bp −$5 | 6.8 bp −$68 | 15.6 bp −$1,558 | doesn't fit |
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 | −0.0642% | 4h | 1,048 | −0.031% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,048.9 | +0.051% | $21.3M | $55.8M | 20x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,048.7 | +0.032% | $19.0M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,048.6 | +0.024% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,048.8 | +0.044% | $339K | $355K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048.3 | −0.005% | $62.3M | $27.6M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,048.6 | +0.021% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,049.1 | +0.067% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,048 | −0.036% | $82K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,047.9 | −0.049% | $189K | $3.4M | 20x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MU-USDT | 0.0000% | 8h | 1,049.2 | +0.075% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,048.5 | +0.017% | $73K | $462K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048 | −0.031% | $130K | $430K | 50x | as long as short |
| Binance MUUSDTshort | +0.0002% | 8h | 1,048.7 | +0.028% | $125.6M | $517.5M | 50x | |
| BloFin MU-USDT | +0.0014% | 8h | 1,048.4 | +0.006% | $1.5M | $2.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,048.8 | +0.045% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,048.6 | +0.027% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,048.5 | +0.016% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,048.5 | +0.012% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048 | −0.036% | $563K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.286% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,048.5 | +0.012% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,049.3 | +0.093% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,048.3 | −0.006% | $177.8M | $97.1M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.4 | +0.004% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USDlong | +0.0050% | 1h | 1,048.4 | long leg | $688K | $16K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,047.7 | −0.066% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,048.9 | +0.049% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0059% | 1h | 1,048.7 | +0.034% | $282K | $830K | 10x | as long as short |
| Bullet MU-USD | +0.0066% | 1h | 1,048.8 | +0.042% | $26K | $394K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,048.1 | −0.027% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.8 | +0.043% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,048.2 | −0.012% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,047 | −0.126% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.6 | +0.018% | $834 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.159% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,048.5 | +0.013% | $536K | $271K | 15x | as long as short |
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
BloFin MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
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
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Nado MU-PERP
Bullet MU-USD
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
Phoenix MU