Funding you earn now, next payment 05:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.038%
Price spread now: Injective against Extended+0.402%60s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.402% dearer against Extended than usual: you sell high and buy low, +$40 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 60 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 | Extended MU_24_5-USD | 1,047.2 | 0.0032 | pay 0.0004% / 1h | 44m 07s | $553K | $1.1M | 10x |
| Short | Injective MU/USDC PERP | 1,051.4 | 0.0033 | get 0.0004% / 1h | 44m 07s | $19K | $5K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- $0.28
- Price spread: +0.402% → 0.000%
- $40.2
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $35.46
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 4 min ago; Injective: 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 Extended live order book, 4 min ago | 0.09 bp | 5.2 bp −$5 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 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 | −0.0933% | 4h | 1,048.6 | +0.140% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,048.3 | +0.112% | $21.3M | $55.9M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,047.6 | +0.046% | $125.5M | $517.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,047.8 | +0.058% | $19.0M | $31.9M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,047.6 | +0.040% | $31.1M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,048 | +0.079% | $338K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,047.5 | +0.031% | $62.3M | $27.6M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,047.8 | +0.065% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,048.6 | +0.136% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,048 | +0.079% | $82K | $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 | 1,048.5 | +0.125% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,048.5 | +0.127% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,047.8 | +0.057% | $130K | $431K | 50x | as long as short |
| BloFin MU-USDT | +0.0003% | 8h | 1,048.3 | +0.105% | $1.5M | $2.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,048 | +0.085% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,047.4 | +0.028% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,047.2 | +0.001% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,047.1 | −0.003% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USDlong | +0.0032% | 1h | 1,047.2 | long leg | $553K | $1.1M | 10x | |
| Injective MU/USDC PERPshort | +0.0033% | 1h | 1,051.4 | +0.402% | $19K | $5K | 12x | |
| Arcus MU-USD | +0.0040% | 1h | 1,048.1 | +0.091% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,048.4 | +0.116% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,047.1 | −0.005% | $177.6M | $97.4M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,047.4 | +0.024% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,047.6 | +0.046% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,047.4 | +0.026% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,047.9 | +0.076% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0054% | 1h | 1,047.7 | +0.053% | $282K | $830K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0056% | 1h | 1,047.5 | +0.032% | $73K | $464K | 10x | as long as short |
| Bullet MU-USD | +0.0061% | 1h | 1,047.9 | +0.070% | $26K | $394K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,047.3 | +0.015% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,047.8 | +0.064% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,047.7 | +0.054% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,048.1 | +0.089% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,047.9 | +0.067% | $833 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.275% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,048.5 | +0.129% | $536K | $271K | 15x | as long as short |
Extended MU_24_5-USD
Injective MU/USDC PERP
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
BloFin MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Deribit MU_USDC-PERPETUAL
Bullet MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
Phoenix MU