MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Orderly against SunX−0.198%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. Orderly is 0.198% cheaper against SunX than usual: you would sell low and buy high (spread −0.198% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 6.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MU-USDT	1,046.5	0	get 0.0000% / 8h	1h 25m	$11K	$6.6M	10x
Short	Orderly PERP_MU_USDC_mythos	1,044.4	0.0100	get 0.0100% / 8h	1h 25m	$830	$799	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee OrderlybpOrdersPrice spread, now −0.198%Rate

Funding earned: $21
Price spread: −0.198% → 0.000%: −$19.78
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$12.78
Costs to cover: 0.140%
Break-even: 11.3 days

Slippage unknown: SunX: live order book, 3 min ago; Orderly: 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 SunX live order book, 3 min ago	21.58 bp	25.6 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0856%	4h	1,044.1	−0.230%	$1.3M	$671K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,044.2	−0.215%	$62.9M	$29.0M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,043.5	−0.287%	$189K	$3.3M	20x	as long as short
SunX MU-USDTlong	0.0000%	8h	1,046.5	long leg	$11K	$6.6M	10x
HTX MU-USDT	0.0000%	8h	1,044.2	−0.217%	$125K	$441K	50x	as long as short
OKX MU-USDT-SWAP	+0.0029%	8h	1,044.3	−0.211%	$30.8M	$104.9M	50x	as long as short
Aftermath Perps MUUSD	+0.0031%	1h	1,043.9	−0.246%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,044	−0.233%	$1.2M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.404%	$14K	$302	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,043.8	−0.257%	—	$194K	25x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps MU-USD	+0.0050%	1h	1,044	−0.237%	$165K	$193K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,044.4	−0.203%	$685K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,043.3	−0.309%	$2.0M	$2.7M	10x	as long as short
QFEX MU-USD	+0.0071%	1h	1,044.2	−0.222%	$7.8M	$24.2M	10x	as long as short
Aster MUUSD1	+0.0076%	8h	1,044.8	−0.158%	$21.5M	$47.4M	20x	as long as short
Bitget MUUSDT	+0.0098%	8h	1,044.3	−0.208%	$20.4M	$43.1M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,044	−0.240%	$154K	$181K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043.5	−0.288%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,044	−0.235%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythosshort	+0.0100%	8h	1,044.4	−0.198%	$830	$799	20x
Aevo MU-PERP	+0.0120%	1h	1,044.1	−0.228%	$33K	—	10x	as long as short
Paradex MU-USD-PERP	+0.0132%	8h	1,044.1	−0.229%	$2K	—	5x	as long as short
Variational Omni MU	+0.0135%	8h	1,044.2	−0.219%	$2.6M	$2.7M	—	as long as short
Binance MUUSDT	+0.0153%	8h	1,044.4	−0.198%	$125.0M	$536.0M	50x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,043.9	−0.247%	$756K	$1.4M	10x	as long as short
Lighter MU	+0.0192%	1h	1,044.3	−0.211%	$1.0M	$4.8M	20x	as long as short
Nado MU-PERP	+0.0209%	1h	1,043.4	−0.297%	$266K	$868K	10x	as long as short
GRVT MU_USDT_Perp	+0.0210%	8h	1,044.6	−0.184%	$82K	$1.4M	10x	as long as short
Bybit MUUSDT	+0.0238%	8h	1,044.5	−0.186%	$19.2M	$32.6M	100x	as long as short
Bullet MU-USD	+0.0266%	1h	1,044.4	−0.202%	$26K	$398K	10x	as long as short
BloFin MU-USDT	+0.0273%	8h	1,044.6	−0.178%	$1.4M	$2.0M	20x	as long as short
tradeXYZ xyz:MU	+0.0325%	1h	1,044	−0.237%	$176.3M	$107.2M	10x	as long as short
Phoenix MU	+0.0383%	1h	1,044.4	−0.199%	$534K	$306K	15x	as long as short
Arcus MU-USD	+0.0435%	1h	1,043.8	−0.261%	$73K	$241K	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0488%	1h	1,044.1	−0.225%	$61K	$247K	10x	as long as short
RISEx MU/USDC	+0.0499%	1h	1,044.6	−0.180%	$295K	$338K	20x	as long as short
Extended MU_24_5-USD	+0.0656%	1h	1,043.1	−0.326%	$541K	$1.1M	10x	as long as short