Funding you earn now, next payment 07:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.038%
Price spread now: Extended against Injective−1.420%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.192%+$19 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: Extended is 1.420% cheaper against Injective than usual: you would sell low and buy high, −$142 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 | Injective MU/USDC PERP | 1,051.4 | 0.0033 | pay 0.0004% / 1h | 52m 05s | $19K | $5K | 12x |
| Short | Extended MU_24_5-USD | 1,036.4 | 0.0032 | get 0.0004% / 1h | 52m 05s | $544K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. 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: −1.420% → 0.000%
- −$142.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$147.31
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Extended: live order book, 1 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 1 min ago | 0.05 bp | 4.9 bp −$5 | 13.9 bp −$139 | doesn't fit | doesn't fit |
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 | −0.0451% | 4h | 1,038.8 | −1.195% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0082% | 8h | 1,037.4 | −1.329% | $20.2M | $41.4M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.4 | −1.330% | $21.1M | $57.4M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,037.1 | −1.356% | $121.6M | $536.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.1 | −1.353% | $18.6M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.3 | −1.341% | $29.9M | $101.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.6 | −1.310% | $315K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,036.9 | −1.378% | $61.4M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.8 | −1.199% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.9 | −1.190% | $84K | $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 | 1,037.4 | −1.324% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,038.2 | −1.253% | $11K | $5.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.8 | −1.382% | $128K | $441K | 50x | as long as short |
| Bullet MU-USD | +0.0007% | 1h | 1,037.4 | −1.327% | $26K | $390K | 10x | as long as short |
| Nado MU-PERP | +0.0018% | 1h | 1,037.2 | −1.349% | $276K | $816K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,038.5 | −1.222% | $3K | $44K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0020% | 1h | 1,037 | −1.366% | $74K | $543K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037 | −1.371% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USDshort | +0.0032% | 1h | 1,036.4 | −1.420% | $544K | $1.1M | 10x | |
| QFEX MU-USD | +0.0032% | 1h | 1,037.5 | −1.314% | $7.0M | $18.4M | 10x | as long as short |
| Injective MU/USDC PERPlong | +0.0033% | 1h | 1,051.4 | long leg | $19K | $5K | 12x | |
| Arcus MU-USD | +0.0040% | 1h | 1,038.5 | −1.226% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.5 | −1.320% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036.6 | −1.404% | $176.2M | $89.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.1 | −1.356% | $168K | $196K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037 | −1.363% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.5 | −1.323% | $1.8M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,037.7 | −1.302% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,037 | −1.362% | $1.1M | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.7 | −1.397% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.6 | −1.312% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,036.7 | −1.394% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.2 | −1.158% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.9 | −1.372% | $824 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,037.6 | −1.311% | $732K | $1.3M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.1 | −1.258% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039.4 | −1.138% | $532K | $270K | 15x | as long as short |
Injective MU/USDC PERP
Extended MU_24_5-USD
edgeX MUUSDC
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
Bullet MU-USD
Aftermath Perps MUUSD
Deribit MU_USDC-PERPETUAL
Lighter RH MU
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Lighter MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU