Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.014%
Price spread now: Gate against Injective−0.457%114s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.457% cheaper against Injective than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 114 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 | 1,050.7 | 0.0033 | pay 0.0004% / 1h | 41m 26s | $14K | $302 | 12x |
| Short | Gate MU_USDT | 1,045.9 | 0 | get 0.0000% / 8h | 41m 26s | $63.0M | $29.0M | 75x |
Injective MU/USDC PERP
Gate MU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$7
- Price spread: −0.457% → 0.000%
- −$45.68
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$67.7
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago | 1.00 bp | 12.2 bp −$12 | 17.0 bp −$170 | 33.9 bp −$3,388 | 59.7 bp −$29.9K |
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 | −0.0060% | 4h | 1,046.2 | −0.429% | $1.3M | $674K | 10x | as long as short |
| Gate MU_USDTshort | 0.0000% | 8h | 1,045.9 | −0.457% | $63.0M | $29.0M | 75x | |
| StandX MU-USD | 0.0000% | 1h | 1,045.7 | −0.481% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,048.2 | −0.235% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.8 | −0.466% | $124K | $445K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.9 | −0.460% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERPlong | +0.0033% | 1h | 1,050.7 | long leg | $14K | $302 | 12x | |
| Aftermath Perps MUUSD | +0.0035% | 1h | 1,045.7 | −0.481% | $3K | $45K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046 | −0.447% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.6 | −0.486% | $166K | $197K | 10x | as long as short |
edgeX MUUSDC
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045.4 | −0.505% | $2.0M | $2.7M | 10x | as long as short |
| SoDEX MU-USD | +0.0066% | 1h | 1,046 | −0.448% | $686K | $16K | 10x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,045.9 | −0.455% | $7.8M | $24.0M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0081% | 8h | 1,046 | −0.447% | $30.8M | $105.3M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.4 | −0.504% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.5 | −0.498% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,046.3 | −0.418% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,046 | −0.446% | $832 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0136% | 8h | 1,046 | −0.446% | $20.5M | $43.6M | 50x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,046 | −0.447% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0149% | 8h | 1,046 | −0.448% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0168% | 1h | 1,045.9 | −0.460% | $1.0M | $4.8M | 20x | as long as short |
| Aster MUUSD1 | +0.0172% | 8h | 1,046.5 | −0.402% | $21.6M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0200% | 8h | 1,046.3 | −0.420% | $2.6M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0213% | 8h | 1,046.1 | −0.438% | $124.9M | $533.3M | 50x | as long as short |
| Bullet MU-USD | +0.0221% | 1h | 1,046 | −0.444% | $25K | $395K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,045.5 | −0.494% | $757K | $1.4M | 10x | as long as short |
| Nado MU-PERP | +0.0238% | 1h | 1,045.3 | −0.516% | $270K | $876K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0256% | 8h | 1,046.3 | −0.417% | $82K | $1.4M | 10x | as long as short |
| Bybit MUUSDT | +0.0285% | 8h | 1,046.3 | −0.416% | $19.2M | $32.6M | 100x | as long as short |
| tradeXYZ xyz:MU | +0.0289% | 1h | 1,046 | −0.448% | $176.8M | $105.8M | 10x | as long as short |
| BloFin MU-USDT | +0.0333% | 8h | 1,046.2 | −0.429% | $1.5M | $2.0M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0439% | 1h | 1,045.9 | −0.456% | $62K | $260K | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,046.6 | −0.391% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.6 | −0.483% | $74K | $240K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,046.4 | −0.411% | $317K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0688% | 1h | 1,045.1 | −0.530% | $540K | $1.1M | 10x | as long as short |
Ondo Perps MU-USD.P
SoDEX MU-USD
QFEX MU-USD
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Lighter MU
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
Bullet MU-USD
Coinbase International MU-PERP-INTX
Nado MU-PERP
GRVT MU_USDT_Perp
Bybit MUUSDT
tradeXYZ xyz:MU
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU
Arcus MU-USD
RISEx MU/USDC
Extended MU_24_5-USD