Funding you earn now, next payment 08:00 UTC+0.0151%/8h= +16.6% APRnext payment +$1.51 per $10,000 · paid last 24h +0.056%
Price spread now: BloFin against OKX+0.015%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days+0.281%+$28 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.015%, 7d avg +0.015%
=The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MU-USDT-SWAP | 1,052.3 | 0 | get 0.0000% / 8h | 4h 10m | $31.2M | $99.6M | 50x |
| Short | BloFin MU-USDT | 1,052.4 | 0.0151 | get 0.0151% / 8h | 4h 10m | $1.5M | $2.0M | 20x |
OKX MU-USDT-SWAP
BloFin MU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $31.75
- Price spread: +0.015% → +0.015%
- $0.07
- Slippage, 4 orders
- −$1.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $8.59
- Costs to cover
- 0.232%
- Break-even
- 5.1 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 2 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 OKX live order book, 3 min ago | 0.05 bp | 5.1 bp −$5 | 5.5 bp −$55 | 19.3 bp −$1,929 | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.05 bp | 6.0 bp −$6 | 6.3 bp −$63 | 10.1 bp −$1,006 | 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 MUUSDC | −0.0084% | 4h | 1,051.4 | −0.077% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,052.5 | +0.023% | $21.4M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAPlong | 0.0000% | 8h | 1,052.3 | long leg | $31.2M | $99.6M | 50x | |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.5 | +0.020% | $340K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.2 | −0.009% | $62.3M | $27.5M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,051.9 | −0.030% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,051.7 | −0.054% | $81K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.9 | −0.033% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.5 | +0.028% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,051.9 | −0.035% | $72K | $444K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,052.1 | −0.014% | $131K | $434K | 50x | as long as short |
| Bybit MUUSDT | +0.0018% | 8h | 1,052.5 | +0.023% | $19.1M | $32.3M | 100x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,051.9 | −0.036% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.2 | −0.003% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.7 | −0.055% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.085% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.2 | −0.007% | $7.1M | $17.8M | 10x | as long as short |
| Binance MUUSDT | +0.0036% | 8h | 1,052.4 | +0.014% | $126.6M | $516.3M | 50x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.7 | −0.048% | $71K | $234K | 10x | as long as short |
| Nado MU-PERP | +0.0045% | 1h | 1,052 | −0.022% | $282K | $836K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.3 | +0.098% | — | $176K | 25x | as long as short |
| Bullet MU-USD | +0.0048% | 1h | 1,052.2 | −0.005% | $26K | $395K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.9 | −0.033% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.1 | −0.015% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051 | −0.115% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,052.3 | +0.007% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.3 | +0.003% | $1.1M | $5.1M | 20x | as long as short |
| Bitget MUUSDT | +0.0063% | 8h | 1,052.3 | +0.005% | $20.5M | $41.1M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0071% | 1h | 1,052.1 | −0.014% | $178.8M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.9 | +0.061% | $759K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0088% | 1h | 1,051.8 | −0.046% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.3 | +0.004% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.1 | −0.018% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051 | −0.117% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.1 | −0.010% | $836 | $799 | 20x | as long as short |
| BloFin MU-USDTshort | +0.0151% | 8h | 1,052.4 | +0.015% | $1.5M | $2.0M | 20x | |
| Phoenix MU | +0.0304% | 1h | 1,051.9 | −0.033% | $538K | $271K | 15x | as long as short |
HTX MU-USDT
Bybit MUUSDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
QFEX MU-USD
Binance MUUSDT
Arcus MU-USD
Nado MU-PERP
Vest MU-USD-PERP
Bullet MU-USD
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Bitget MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Phoenix MU