Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against Bybit−0.012%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.279% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 7 days+0.005%+$1 · spread now −0.012%, 7d avg +0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUUSDT | 1,037.6 | 0 | get 0.0000% / 8h | 1h 51m | $18.6M | $32.2M | 100x |
| Short | Binance MUUSDT | 1,037.4 | 0 | get 0.0000% / 8h | 1h 51m | $121.6M | $536.9M | 50x |
Bybit MUUSDT
Binance MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: −0.012% → +0.001%
- −$1.24
- Slippage, 4 orders
- −$6.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$29.17
- Costs to cover
- 0.279%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 7 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 Bybit live order book, 2 min ago | 1.69 bp | 7.9 bp −$8 | 13.8 bp −$138 | 39.4 bp −$3,942 | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.05 bp | 5.8 bp −$6 | 7.0 bp −$70 | 18.1 bp −$1,805 | 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 | −0.0451% | 4h | 1,038.8 | +0.119% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0090% | 8h | 1,037.7 | +0.013% | $20.2M | $41.4M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.7 | +0.012% | $21.1M | $57.4M | 20x | as long as short |
| Binance MUUSDTshort | 0.0000% | 8h | 1,037.4 | −0.012% | $121.6M | $536.9M | 50x | |
| Bybit MUUSDTlong | 0.0000% | 8h | 1,037.6 | long leg | $18.6M | $32.2M | 100x | |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.4 | −0.016% | $29.9M | $101.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.6 | +0.003% | $315K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.1 | −0.043% | $61.4M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.8 | +0.115% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.9 | +0.125% | $84K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
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 | 1,037.4 | −0.012% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,038.2 | +0.061% | $11K | $5.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.8 | −0.070% | $128K | $441K | 50x | as long as short |
| Bullet MU-USD | +0.0007% | 1h | 1,037.4 | −0.015% | $26K | $390K | 10x | as long as short |
| Nado MU-PERP | +0.0018% | 1h | 1,037.2 | −0.037% | $276K | $816K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,038.5 | +0.092% | $3K | $44K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0020% | 1h | 1,037 | −0.054% | $74K | $543K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037.3 | −0.021% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.7 | −0.081% | $544K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,037.5 | −0.002% | $7.0M | $18.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.330% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.8 | +0.026% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.5 | −0.008% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.2 | −0.035% | $176.3M | $89.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.1 | −0.044% | $168K | $196K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037 | −0.051% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.5 | −0.011% | $1.8M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,037.6 | +0.004% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0072% | 1h | 1,037.5 | −0.004% | $1.1M | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.7 | −0.085% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.2 | −0.039% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.1 | −0.046% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.2 | +0.157% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.9 | −0.060% | $824 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,037.6 | +0.002% | $732K | $1.3M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.1 | +0.055% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039.4 | +0.177% | $532K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Bullet MU-USD
Nado MU-PERP
Aftermath Perps MUUSD
Deribit MU_USDC-PERPETUAL
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU