Funding you earn now, next payment 08:00 UTC−0.0392%/8h= −42.9% APRnext payment −$3.92 per $10,000 · paid last 24h −0.065%
Price spread now: HTX against BloFin+0.004%59s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days−0.403%−$40 on $10k
+Price spread, last 3 days (all we have)+0.049%+$5 · spread now +0.004%, 7d avg −0.014%
=The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MU-USDT | 1,050.6 | 0.0392 | pay 0.0392% / 8h | 6h 59m | $1.5M | $2.0M | 20x |
| Short | HTX MU-USDT | 1,050.6 | 0 | get 0.0000% / 8h | 6h 59m | $129K | $424K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BloFin. 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
- −$82.32
- Price spread: +0.004% → −0.014%
- $1.74
- Slippage, 4 orders
- −$9.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$114.35
- Costs to cover
- 0.338%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; HTX: live order book, 9 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 BloFin live order book, 3 min ago | 0.33 bp | 6.3 bp −$6 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell HTX live order book, 9 min ago | 3.09 bp | 9.8 bp −$10 | 11.0 bp −$110 | 25.9 bp −$2,588 | 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 | −0.0387% | 4h | 1,050.6 | +0.003% | $1.3M | $672K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.5 | −0.010% | $62.6M | $27.2M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.1 | −0.045% | $190K | $3.3M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,050.6 | +0.002% | $26K | $396K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,051.7 | +0.108% | $11K | $6.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,050.4 | −0.017% | $66K | $315K | 10x | as long as short |
| HTX MU-USDTshort | 0.0000% | 8h | 1,050.6 | +0.004% | $129K | $424K | 50x | |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,050.7 | +0.010% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.6 | −0.003% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.074% | $19K | $5K | 12x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MU | +0.0040% | 1h | 1,050.7 | +0.013% | $1.1M | $4.7M | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.5 | +0.087% | — | $179K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,050.4 | −0.017% | $178.4M | $100.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,050.2 | −0.036% | $171K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,050.4 | −0.015% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.9 | −0.064% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,050.5 | −0.007% | $7.6M | $20.9M | 10x | as long as short |
| Nado MU-PERP | +0.0079% | 1h | 1,050.5 | −0.012% | $275K | $858K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0080% | 8h | 1,050.7 | +0.014% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAP | +0.0100% | 8h | 1,050.6 | +0.006% | $30.9M | $101.5M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.5 | −0.006% | $149K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.9 | +0.034% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.5 | −0.006% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.6 | 0.000% | $835 | $799 | 20x | as long as short |
| Bybit MUUSDT | +0.0150% | 8h | 1,050.8 | +0.024% | $19.4M | $32.6M | 100x | as long as short |
| Aevo MU-PERP | +0.0152% | 1h | 1,050.4 | −0.013% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,050.5 | −0.010% | $762K | $1.2M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0232% | 1h | 1,050.1 | −0.047% | $559K | $1.2M | 10x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,050.6 | +0.001% | $71K | $242K | 10x | as long as short |
| Variational Omni MU | +0.0260% | 8h | 1,050.4 | −0.021% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0268% | 8h | 1,051.1 | +0.052% | $21.6M | $48.7M | 20x | as long as short |
| Binance MUUSDT | +0.0272% | 8h | 1,050.6 | −0.002% | $126.1M | $522.2M | 50x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,050.9 | +0.030% | $538K | $273K | 15x | as long as short |
| BloFin MU-USDTlong | +0.0392% | 8h | 1,050.6 | long leg | $1.5M | $2.0M | 20x | |
| Bitget MUUSDT | +0.0406% | 8h | 1,050.6 | +0.003% | $20.6M | $41.6M | 50x | as long as short |
| RISEx MU/USDC | +0.0507% | 1h | 1,050.7 | +0.014% | $316K | $340K | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0549% | 8h | 1,050.6 | +0.006% | $83K | $1.3M | 10x | as long as short |
BloFin MU-USDT
HTX MU-USDT
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Lighter MU
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Bybit MUUSDT
Coinbase International MU-PERP-INTX
Extended MU_24_5-USD
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Phoenix MU
Bitget MUUSDT
RISEx MU/USDC
GRVT MU_USDT_Perp