Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.34 per $10,000 · paid last 24h −0.001%
Price spread now: Paradex against Bybit0.000%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUUSDT | 1,050.4 | 0.0025 | pay 0.0025% / 8h | 5h 49m | $19.2M | $32.4M | 100x |
| Short | Paradex MU-USD-PERP | 1,050.4 | 0.0059 | get 0.0059% / 8h | 5h 49m | $2K | — | 5x |
Bybit MUUSDT
Paradex MU-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $7.21
- Price spread: 0.000% → 0.000%
- −$0.02
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$7.81
- Costs to cover
- 0.150%
- Break-even
- 14.6 days
Slippage unknown: Bybit: live order book, 5 min ago; Paradex: 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 Bybit live order book, 5 min ago | 0.62 bp | 7.1 bp −$7 | 11.9 bp −$119 | 33.2 bp −$3,319 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 36 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 | −0.0504% | 4h | 1,050.4 | +0.006% | $1.3M | $671K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,050.4 | +0.006% | $333K | $349K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050 | −0.033% | $62.1M | $27.4M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.1 | −0.023% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,051.7 | +0.131% | $11K | $5.9M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,049.7 | −0.063% | $129K | $427K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,049.9 | −0.045% | $3K | $44K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0024% | 8h | 1,050.8 | +0.040% | $79K | $1.3M | 10x | as long as short |
| Bybit MUUSDTlong | +0.0025% | 8h | 1,050.4 | long leg | $19.2M | $32.4M | 100x | |
| QFEX MU-USD | +0.0030% | 1h | 1,050.2 | −0.017% | $7.2M | $18.4M | 10x | as long as short |
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
GRVT MU_USDT_Perp
QFEX MU-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,049.9 | −0.048% | $1.2M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.095% | $19K | $5K | 12x | as long as short |
| Extended MU_24_5-USD | +0.0040% | 1h | 1,049.6 | −0.071% | $564K | $1.1M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,050.2 | −0.014% | $71K | $235K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0042% | 8h | 1,050.1 | −0.023% | $31.0M | $100.1M | 50x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.8 | +0.046% | — | $175K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.8 | −0.053% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,049.9 | −0.046% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.4 | −0.089% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERPshort | +0.0059% | 8h | 1,050.4 | 0.000% | $2K | — | 5x | |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,049.9 | −0.040% | $756K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,049.7 | −0.065% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.9 | −0.040% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.8 | +0.042% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050 | −0.036% | $835 | $799 | 20x | as long as short |
| Lighter MU | +0.0104% | 1h | 1,049.9 | −0.046% | $1.1M | $4.8M | 20x | as long as short |
| Aster MUUSD1 | +0.0110% | 8h | 1,050.1 | −0.021% | $21.4M | $52.1M | 20x | as long as short |
| Nado MU-PERP | +0.0110% | 1h | 1,049.7 | −0.061% | $280K | $850K | 10x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,049.6 | −0.071% | $32K | $1K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0130% | 1h | 1,049.7 | −0.063% | $178.2M | $99.2M | 10x | as long as short |
| Variational Omni MU | +0.0144% | 8h | 1,050.4 | +0.008% | $2.7M | $2.3M | — | as long as short |
| Bullet MU-USD | +0.0158% | 1h | 1,050.1 | −0.025% | $26K | $397K | 10x | as long as short |
| Binance MUUSDT | +0.0165% | 8h | 1,050.1 | −0.025% | $126.5M | $520.0M | 50x | as long as short |
| Bitget MUUSDT | +0.0168% | 8h | 1,050.2 | −0.018% | $20.6M | $41.2M | 50x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,050.2 | −0.015% | $537K | $271K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0265% | 1h | 1,050 | −0.032% | $66K | $355K | 10x | as long as short |
Lighter RH MU
Injective MU/USDC PERP
Extended MU_24_5-USD
Arcus MU-USD
OKX MU-USDT-SWAP
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
Aster MUUSD1
Nado MU-PERP
Aevo MU-PERP
tradeXYZ xyz:MU
Variational Omni MU
Bullet MU-USD
Binance MUUSDT
Bitget MUUSDT
Phoenix MU
Deribit MU_USDC-PERPETUAL