MU

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.022%

Price spread now: Orderly against OKX−0.050%50s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.050% cheaper against OKX than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 40 hours of funding at the current rate (+$3 a day). The two prices were read 50 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	OKX MU-USDT-SWAP	1,039.5	0	get 0.0000% / 8h	5h 43m	$29.7M	$107.6M	50x
Short	Orderly PERP_MU_USDC_mythos	1,039	0.0100	get 0.0100% / 8h	5h 43m	$826	$799	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee OrderlybpOrdersPrice spread, now −0.050%Rate

Funding earned: $21
Price spread: −0.050% → 0.000%: −$5
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $0
Costs to cover: 0.160%
Break-even: 7.0 days

Slippage unknown: OKX: live order book, 4 min ago; Orderly: 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 OKX live order book, 4 min ago	0.05 bp	5.2 bp −$5	6.9 bp −$69	20.6 bp −$2,058	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 exchanges

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	−0.0853%	4h	1,038.8	−0.063%	$1.3M	$696K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,039.6	+0.009%	$21.2M	$73.6M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,039.5	+0.003%	$121.7M	$555.4M	50x	as long as short
OKX MU-USDT-SWAPlong	0.0000%	8h	1,039.5	long leg	$29.7M	$107.6M	50x
Gate MU_USDT	0.0000%	8h	1,039.3	−0.023%	$61.4M	$28.0M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,039.4	−0.007%	$19.8M	$43.6M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,039.1	−0.042%	$2.6M	$2.6M	—	as long as short
StandX MU-USD	0.0000%	1h	1,038.7	−0.079%	$188K	$3.7M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,040.8	+0.126%	$11K	$5.0M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,038.4	−0.105%	$34K	$726K	10x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MU-USDT	0.0000%	8h	1,038.9	−0.059%	$119K	$474K	50x	as long as short
Lighter RH MU	+0.0032%	1h	1,039.3	−0.019%	$1.2M	$4.5M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.141%	$19K	$5K	12x	as long as short
Aftermath Perps MUUSD	+0.0035%	1h	1,039	−0.045%	$3K	$41K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,039.8	+0.025%	—	$177K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,038.7	−0.077%	$169K	$171K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,038.9	−0.057%	$683K	$14K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,037.4	−0.202%	$1.9M	$3.2M	10x	as long as short
QFEX MU-USD	+0.0058%	1h	1,039.1	−0.038%	$7.0M	$19.3M	10x	as long as short
Bybit MUUSDT	+0.0071%	8h	1,039.7	+0.014%	$18.8M	$32.3M	100x	as long as short
Paradex MU-USD-PERP	+0.0080%	8h	1,039.4	−0.014%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,038.7	−0.077%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,038.7	−0.076%	$151K	$227K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,038.9	−0.055%	$5.2M	$6.0M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,038.8	−0.071%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythosshort	+0.0100%	8h	1,039	−0.050%	$826	$799	20x
RISEx MU/USDC	+0.0118%	1h	1,039.6	+0.006%	$299K	$351K	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,039.2	−0.025%	$1.5M	$2.6M	20x	as long as short
Nado MU-PERP	+0.0125%	1h	1,038.8	−0.067%	$276K	$841K	10x	as long as short
Arcus MU-USD	+0.0139%	1h	1,038.8	−0.071%	$90K	$147K	10x	as long as short
Lighter MU	+0.0168%	1h	1,039.3	−0.017%	$1.0M	$5.0M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0192%	1h	1,038.5	−0.099%	$727K	$1.2M	10x	as long as short
Bullet MU-USD	+0.0206%	1h	1,039.3	−0.020%	$24K	$385K	10x	as long as short
GRVT MU_USDT_Perp	+0.0221%	8h	1,040.4	+0.090%	$73K	$1.4M	10x	as long as short
tradeXYZ xyz:MU	+0.0241%	1h	1,038.9	−0.058%	$177.2M	$75.7M	10x	as long as short
Phoenix MU	+0.0308%	1h	1,040.4	+0.087%	$532K	$159K	15x	as long as short
Extended MU_24_5-USD	+0.0336%	1h	1,038.4	−0.105%	$551K	$1.1M	10x	as long as short