Funding you earn now, next payment 08:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h −0.035%
Price spread now: KuCoin against BloFin−0.034%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.034%, 7d avg −0.050%
=The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MU-USDT | 1,052.6 | 0.0186 | pay 0.0186% / 8h | 4h 33m | $1.5M | $2.0M | 20x |
| Short | KuCoin MUUSDTM | 1,052.2 | 0.0100 | get 0.0100% / 8h | 4h 33m | $5.3M | $3.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$18.09
- Price spread: −0.034% → −0.050%
- $1.61
- Slippage, 4 orders
- −$17.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$57.56
- Costs to cover
- 0.411%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; KuCoin: 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 BloFin live order book, 5 min ago | 0.19 bp | 6.2 bp −$6 | 7.0 bp −$70 | 11.3 bp −$1,129 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.14 bp | 14.1 bp −$14 | 27.5 bp −$275 | doesn't fit | 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 | −0.0164% | 4h | 1,052.3 | −0.028% | $1.3M | $672K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.5 | −0.008% | $31.2M | $99.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.5 | −0.002% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.4 | −0.016% | $62.3M | $27.5M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.5 | −0.008% | $82K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.7 | −0.078% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.3 | +0.166% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,052 | −0.048% | $69K | $424K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.3 | −0.026% | $131K | $436K | 50x | as long as short |
| Aster MUUSD1 | +0.0003% | 8h | 1,052.3 | −0.025% | $21.4M | $55.0M | 20x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,052.2 | −0.029% | $3K | $45K | 10x | as long as short |
| Bybit MUUSDT | +0.0025% | 8h | 1,052.8 | +0.023% | $19.1M | $32.3M | 100x | as long as short |
| Variational Omni MU | +0.0032% | 8h | 1,052.2 | −0.030% | $2.7M | $2.4M | — | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.3 | −0.020% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.8 | −0.074% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.113% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.3 | −0.028% | $7.2M | $17.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052 | −0.050% | $71K | $234K | 10x | as long as short |
| Bullet MU-USD | +0.0044% | 1h | 1,052.6 | +0.005% | $25K | $397K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.5 | +0.088% | — | $176K | 25x | as long as short |
| Nado MU-PERP | +0.0048% | 1h | 1,051.9 | −0.058% | $282K | $842K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.2 | −0.033% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.3 | −0.022% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.4 | −0.106% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,052.5 | −0.004% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.4 | −0.012% | $1.1M | $5.1M | 20x | as long as short |
| Binance MUUSDT | +0.0066% | 8h | 1,052.5 | −0.009% | $126.8M | $517.2M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0078% | 1h | 1,052.2 | −0.033% | $178.9M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.1 | −0.040% | $758K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,052 | −0.051% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.2 | −0.035% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTMshort | +0.0100% | 8h | 1,052.2 | −0.034% | $5.3M | $3.4M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.7 | +0.018% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.4 | −0.015% | $837 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0110% | 8h | 1,052.5 | −0.005% | $20.5M | $41.1M | 50x | as long as short |
| BloFin MU-USDTlong | +0.0186% | 8h | 1,052.6 | long leg | $1.5M | $2.0M | 20x | |
| Phoenix MU | +0.0304% | 1h | 1,052.3 | −0.024% | $538K | $271K | 15x | as long as short |
BloFin MU-USDT
KuCoin MUUSDTM
edgeX MUUSDC
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSD
Bybit MUUSDT
Variational Omni MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Lighter MU
Binance MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Pacifica MU
ApeX Omni MUUSDT
Bitget MUUSDT
Phoenix MU