Funding spread now, next payment 16:00 UTC−0.0192%/8h
next payment, per $10,000−$0.24paid, last 24h−0.012%paid, last 3 days−0.057%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.057% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MU_USDC-PERPETUAL | 1,040.3 | 0.0192 | pay 0.0024% / 1h | 23m 06s | $55K | $86K | 10x |
| Short | StandX MU-USD | 1,041.8 | 0 | get 0.0000% / 1h | 23m 06s | $188K | $1.8M | 20x |
Deribit MU_USDC-PERPETUAL
StandX MU-USDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$40.4
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$55.4
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; StandX: live order book, 2 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.146%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell StandX live order book, 2 min ago | 2.31 bp | 9.4 bp −$9 | 14.8 bp −$148 | doesn't fit | doesn't fit |
Deribit: 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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Aster MUUSD1 | 0.0000% | 8h | $21.4M | $9.8M | 20x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | $18.3M | $28.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | $30.7M | $91.8M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | $66.0M | $24.5M | 75x | as long as short |
| StandX MU-USDshort | 0.0000% | 1h | $188K | $1.8M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | $11K | $6.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | $129K | $439K | 50x | as long as short |
| Variational Omni MU | +0.0027% | 8h | $2.7M | $2.7M | — | as long as short |
| Lighter MU | +0.0032% | 1h | $992K | $4.5M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | $1.1M | $4.2M | 10x | as long as short |
Aster MUUSD1
Bybit MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
SunX MU-USDT
HTX MU-USDT
Variational Omni MU
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Bullet MU-USD
QFEX MU-USD
Vest MU-USD-PERP
Binance MUUSDT
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
Nado MU-PERP
Phoenix MU
BloFin MU-USDT
RISEx MU/USDC
Coinbase International MU-PERP-INTX