Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.015%
Price spread now: Paradex against OKX−0.021%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Paradex is 0.021% cheaper against OKX than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 47 hours of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MU-USDT-SWAP | 1,050.6 | 0.0021 | pay 0.0021% / 8h | 5h 24m | $31.0M | $99.8M | 50x |
| Short | Paradex MU-USD-PERP | 1,050.4 | 0.0055 | get 0.0055% / 8h | 5h 24m | $2K | — | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $7.32
- Price spread: −0.021% → 0.000%
- −$2.05
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$8.74
- Costs to cover
- 0.140%
- Break-even
- 15.4 days
Slippage unknown: OKX: live order book, 4 min ago; Paradex: 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 | 6.4 bp −$6 | 7.8 bp −$78 | 23.4 bp −$2,339 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0861% | 4h | 1,049.9 | −0.069% | $1.3M | $671K | 10x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,050.8 | +0.016% | $19.1M | $32.3M | 100x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,050.7 | +0.001% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.4 | −0.028% | $62.1M | $27.5M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,050.2 | −0.041% | $85K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050 | −0.063% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052 | +0.128% | $11K | $5.9M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,050 | −0.066% | $67K | $377K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050.1 | −0.052% | $129K | $429K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,050 | −0.058% | $3K | $45K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MU-USDT-SWAPlong | +0.0021% | 8h | 1,050.6 | long leg | $31.0M | $99.8M | 50x | |
| QFEX MU-USD | +0.0030% | 1h | 1,050.2 | −0.039% | $7.2M | $18.1M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.2 | −0.038% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.069% | $19K | $5K | 12x | as long as short |
| Extended MU_24_5-USD | +0.0040% | 1h | 1,049.6 | −0.096% | $564K | $1.1M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,050 | −0.058% | $71K | $235K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.2 | +0.049% | — | $175K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,050.5 | −0.013% | $1.1M | $5.0M | 20x | as long as short |
| Nado MU-PERP | +0.0050% | 1h | 1,050.2 | −0.041% | $282K | $848K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.9 | −0.070% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,050.1 | −0.049% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.3 | −0.130% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERPshort | +0.0055% | 8h | 1,050.4 | −0.021% | $2K | — | 5x | |
| tradeXYZ xyz:MU | +0.0057% | 1h | 1,050.2 | −0.042% | $178.1M | $98.9M | 10x | as long as short |
| Aster MUUSD1 | +0.0060% | 8h | 1,050.4 | −0.019% | $21.4M | $52.9M | 20x | as long as short |
| Bullet MU-USD | +0.0067% | 1h | 1,050.3 | −0.032% | $25K | $398K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,049.9 | −0.067% | $756K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.4 | −0.018% | $149K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.2 | −0.038% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,049.7 | −0.086% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.2 | −0.041% | $835 | $799 | 20x | as long as short |
| Variational Omni MU | +0.0101% | 8h | 1,050.2 | −0.045% | $2.7M | $2.4M | — | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,049.8 | −0.080% | $32K | $1K | 10x | as long as short |
| Bitget MUUSDT | +0.0116% | 8h | 1,050.4 | −0.020% | $20.6M | $41.1M | 50x | as long as short |
| Binance MUUSDT | +0.0127% | 8h | 1,050.5 | −0.017% | $126.5M | $518.7M | 50x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,050.4 | −0.023% | $537K | $271K | 15x | as long as short |
| BloFin MU-USDT | +0.0248% | 8h | 1,050.3 | −0.031% | $1.5M | $2.0M | 20x | as long as short |
OKX MU-USDT-SWAP
Paradex MU-USD-PERP
edgeX MUUSDC
Bybit MUUSDT
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Extended MU_24_5-USD
Lighter MU
Polymarket Perps MU-USD
SoDEX MU-USD
tradeXYZ xyz:MU
Aster MUUSD1
Bullet MU-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Variational Omni MU
Bitget MUUSDT
Binance MUUSDT
Phoenix MU
BloFin MU-USDT