Funding you earn now, next payment 08:00 UTC+0.0547%/8h= +59.9% APRpaid last 24h +0.025%
Price spread now: Deribit against edgeX+0.089%75s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.355% of the position
Funding, last 4 days (all we have)−0.290%−$29 on $10k
+Price spread, last 4 days (all we have)−0.145%−$14 · spread now +0.089%, 7d avg −0.014%
=Together, before fees−0.435%+ Points / potential airdropedgeX: Active · farm board−$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Deribit is 0.103% dearer against edgeX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.014%. Mind the row above: over the last 4 days funding on this pair cost −0.290%, so the current rate has only just turned in your favour. The two prices were read 75 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 | edgeX MUUSDC | 1,036.2 | −0.0547 | get 0.0273% / 4h | 46m 05s | $1.3M | $673K | 10x |
| Short | Deribit MU_USDC-PERPETUAL | 1,037.1 | 0 | get 0.0000% / 1h | 46m 05s | $74K | $597K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against edgeX. 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
- $114.8
- Price spread: +0.089% → −0.014%
- $10.32
- Slippage, 4 orders
- −$19.48
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $89.64
- Costs to cover
- 0.355%
- Break-even
- 1.5 days
Slippage from edgeX: live order book, 3 min ago; Deribit: live order book, 58 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 edgeX live order book, 3 min ago | 0.29 bp | 4.9 bp −$5 | 6.7 bp −$67 | 28.7 bp −$2,867 | doesn't fit |
| Sell Deribit live order book, 58 min ago | 0.05 bp | 11.4 bp −$11 | 16.8 bp −$168 | 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 MUUSDClong | −0.0547% | 4h | 1,036.2 | long leg | $1.3M | $673K | 10x | |
| Bitget MUUSDT | −0.0210% | 8h | 1,037.5 | +0.130% | $20.2M | $40.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.8 | +0.154% | $21.1M | $65.0M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,037.4 | +0.119% | $122.1M | $538.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.4 | +0.117% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.3 | +0.111% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.1 | +0.187% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.3 | +0.108% | $61.4M | $28.2M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036.2 | +0.004% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.4 | +0.020% | $71K | $1.4M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,038.1 | +0.179% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.3 | +0.298% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUALshort | 0.0000% | 1h | 1,037.1 | +0.089% | $74K | $597K | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,037.1 | +0.088% | $128K | $462K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,036.7 | +0.045% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038 | +0.169% | $7.0M | $18.8M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037.4 | +0.118% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.1 | +0.084% | $545K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.464% | $19K | $5K | 12x | as long as short |
| Nado MU-PERP | +0.0035% | 1h | 1,037.3 | +0.106% | $279K | $808K | 10x | as long as short |
| Bullet MU-USD | +0.0040% | 1h | 1,037.6 | +0.135% | $25K | $389K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036.9 | +0.065% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.6 | +0.132% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037 | +0.078% | $176.3M | $84.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.2 | +0.097% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.3 | +0.106% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.7 | −0.053% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,037.9 | +0.166% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,037.5 | +0.130% | $1.0M | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.1 | +0.087% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,037.2 | +0.098% | $725K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.8 | +0.152% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.3 | +0.102% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.5 | +0.220% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.4 | +0.114% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.3 | +0.201% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,037.8 | +0.155% | $531K | $270K | 15x | as long as short |
edgeX MUUSDC
Deribit MU_USDC-PERPETUAL
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Lighter MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU