Funding you earn now, next payment 09:00 UTC+0.0080%/8h= +8.7% APRpaid last 24h +0.015%
Price spread now: tradeXYZ against Binance−0.036%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.301% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.036%, 7d avg −0.075%
=Together, before fees+0.033%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.039% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUUSDT | 1,028 | 0 | get 0.0000% / 8h | 7h 34m | $121.1M | $545.5M | 50x |
| Short | tradeXYZ xyz:MU | 1,027.6 | 0.0080 | get 0.0010% / 1h | 34m 04s | $173.7M | $79.7M | 10x |
Binance MUUSDT
tradeXYZ xyz:MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- $16.73
- Price spread: −0.036% → −0.075%
- $3.87
- Slippage, 4 orders
- −$2.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$9.45
- Costs to cover
- 0.301%
- Break-even
- 11.0 days
Slippage from Binance: live order book, 10 min ago; tradeXYZ: live order book, 5 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 Binance live order book, 10 min ago | 0.05 bp | 5.6 bp −$6 | 6.8 bp −$68 | 19.5 bp −$1,954 | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.49 bp | 9.5 bp −$9 | 10.0 bp −$100 | 14.3 bp −$1,430 | 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 | −0.0646% | 4h | 1,029.1 | +0.113% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0053% | 8h | 1,028 | 0.000% | $19.8M | $40.4M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,028.6 | +0.062% | $21.0M | $68.9M | 20x | as long as short |
| Binance MUUSDTlong | 0.0000% | 8h | 1,028 | long leg | $121.1M | $545.5M | 50x | |
| Bybit MUUSDT | 0.0000% | 8h | 1,028.3 | +0.031% | $18.6M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,027.9 | −0.011% | $29.3M | $101.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,027.6 | −0.033% | $309K | $374K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,027.8 | −0.014% | $61.9M | $28.0M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,028.1 | +0.010% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,029 | +0.096% | $72K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
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 | 1,028.5 | +0.050% | $186K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,028.4 | +0.042% | $11K | $5.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,028.1 | +0.014% | $120K | $489K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0026% | 1h | 1,028.5 | +0.050% | $3K | $43K | 10x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,027.6 | −0.038% | $6.9M | $18.9M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,028.1 | +0.014% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,027 | −0.094% | $540K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.275% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,026.9 | −0.107% | $89K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,027 | −0.093% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,026.6 | −0.133% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,027.9 | −0.010% | $675K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,028 | +0.005% | $1.9M | $2.9M | 10x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,028.4 | +0.037% | $974K | $5.0M | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,028 | +0.001% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0077% | 1h | 1,028.4 | +0.043% | $266K | $814K | 10x | as long as short |
| tradeXYZ xyz:MUshort | +0.0080% | 1h | 1,027.6 | −0.036% | $173.7M | $79.7M | 10x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,027.3 | −0.065% | $32K | $1K | 10x | as long as short |
| Bullet MU-USD | +0.0095% | 1h | 1,027.4 | −0.051% | $25K | $388K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,029.2 | +0.120% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,027.6 | −0.036% | $145K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,028.1 | +0.016% | $5.1M | $4.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,028.9 | +0.087% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,028 | +0.003% | $817 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,028.5 | +0.050% | $1.5M | $2.2M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,029.5 | +0.149% | $527K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0314% | 1h | 1,028.4 | +0.037% | $72K | $629K | 10x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Lighter MU
Paradex MU-USD-PERP
Nado MU-PERP
Aevo MU-PERP
Bullet MU-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU
Deribit MU_USDC-PERPETUAL