Funding you earn now, next payment 08:00 UTC−0.0859%/8h= −94.1% APRpaid last 24h +0.015%
Price spread now: edgeX against SunX−0.237%7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs+$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days+0.843%+$84 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.237%, 7d avg −0.153%
=Together, before fees+1.040%+ Points / potential airdropedgeX: Active · farm board+$104 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and edgeX is 0.084% cheaper against SunX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.153%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.843%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MU-USDT | 1,045.5 | 0 | get 0.0000% / 8h | 2h 50m | $11K | $5.7M | 10x |
| Short | edgeX MUUSDC | 1,043 | −0.0859 | pay 0.0430% / 4h | 2h 50m | $1.3M | $672K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SunX. 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
- −$180.41
- Price spread: −0.237% → −0.153%
- −$8.35
- Slippage, 4 orders
- −$50.94
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$256.7
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from SunX: live order book, 8 min ago; edgeX: live order book, 3 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 SunX live order book, 8 min ago | 21.60 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 0.29 bp | 4.9 bp −$5 | 6.8 bp −$68 | 29.8 bp −$2,982 | 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 MUUSDCshort | −0.0859% | 4h | 1,043 | −0.237% | $1.3M | $672K | 10x | |
| Aster MUUSD1 | 0.0000% | 8h | 1,044 | −0.147% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,043.5 | −0.187% | $123.0M | $526.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,043.8 | −0.166% | $18.6M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,043.8 | −0.160% | $30.5M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,043.6 | −0.178% | $337K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.5 | −0.196% | $61.9M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,043.7 | −0.170% | $20.5M | $41.2M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,043.4 | −0.200% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,043.5 | −0.192% | $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 | 1,043.1 | −0.234% | $189K | $3.5M | 20x | as long as short |
| SunX MU-USDTlong | 0.0000% | 8h | 1,045.5 | long leg | $11K | $5.7M | 10x | |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,043.6 | −0.179% | $73K | $501K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.3 | −0.210% | $128K | $440K | 50x | as long as short |
| Nado MU-PERP | +0.0018% | 1h | 1,043.3 | −0.211% | $281K | $821K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,042.2 | −0.314% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,043.6 | −0.184% | $7.0M | $18.0M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.3 | −0.209% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,043.3 | −0.210% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.560% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0034% | 1h | 1,043.6 | −0.182% | $26K | $392K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,042.7 | −0.268% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,044.2 | −0.122% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,043.2 | −0.220% | $177.3M | $93.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.5 | −0.191% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.3 | −0.209% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,043 | −0.244% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,043.8 | −0.164% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,043.2 | −0.224% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.6 | −0.180% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.5 | −0.189% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.1 | −0.226% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.7 | −0.177% | $830 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,043.6 | −0.182% | $1.5M | $2.0M | 20x | as long as short |
| Lighter MU | +0.0128% | 1h | 1,043.7 | −0.176% | $1.1M | $4.9M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,043.3 | −0.209% | $745K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,043 | −0.239% | $534K | $270K | 15x | as long as short |
SunX MU-USDT
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Lighter MU
Coinbase International MU-PERP-INTX
Phoenix MU