Funding you earn now, next payment 08:00 UTC+0.0148%/8h= +16.2% APRnext payment +$1.48 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against Paradex+0.058%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.058% dearer against Paradex than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MU-USD-PERP | 1,050.9 | 0.0091 | pay 0.0091% / 8h | 7h 21m | $2K | — | 5x |
| Short | Binance MUUSDT | 1,051.5 | 0.0239 | get 0.0239% / 8h | 7h 21m | $126.1M | $522.1M | 50x |
Paradex MU-USD-PERP
Binance MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Paradex. 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
- $31.08
- Price spread: +0.058% → 0.000%
- $5.82
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $22.9
- Costs to cover
- 0.140%
- Break-even
- 1.8 days
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 7 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 0.05 bp | 5.4 bp −$5 | 7.0 bp −$70 | 14.3 bp −$1,427 | doesn't fit |
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 | −0.0574% | 4h | 1,050.5 | −0.036% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,051.1 | +0.019% | $62.8M | $29.0M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.3 | −0.055% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.8 | +0.180% | $11K | $6.2M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050.6 | −0.025% | $130K | $424K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,050.5 | −0.038% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.7 | −0.014% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.046% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.8 | +0.089% | — | $179K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,050.9 | +0.003% | $1.1M | $4.8M | 20x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERP
Lighter MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.2 | +0.031% | $171K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,050.1 | −0.073% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,051 | +0.009% | $7.7M | $21.9M | 10x | as long as short |
| Nado MU-PERP | +0.0086% | 1h | 1,050.9 | +0.006% | $274K | $858K | 10x | as long as short |
| Paradex MU-USD-PERPlong | +0.0091% | 8h | 1,050.9 | long leg | $2K | — | 5x | |
| Pacifica MU | +0.0100% | 1h | 1,050.6 | −0.029% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.5 | −0.036% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.9 | +0.003% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.9 | +0.003% | $835 | $799 | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0105% | 8h | 1,051.5 | +0.061% | $30.9M | $101.8M | 50x | as long as short |
| SoDEX MU-USD | +0.0107% | 1h | 1,051 | +0.016% | $690K | $16K | 10x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,050.8 | −0.007% | $32K | $1K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0178% | 1h | 1,050.8 | −0.004% | $64K | $305K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,048.4 | −0.239% | $759K | $1.2M | 10x | as long as short |
| Bybit MUUSDT | +0.0211% | 8h | 1,051.9 | +0.099% | $19.5M | $32.7M | 100x | as long as short |
| Bullet MU-USD | +0.0214% | 1h | 1,051.3 | +0.041% | $25K | $395K | 10x | as long as short |
| Variational Omni MU | +0.0224% | 8h | 1,051.7 | +0.074% | $2.7M | $2.4M | — | as long as short |
| Binance MUUSDTshort | +0.0239% | 8h | 1,051.5 | +0.058% | $126.1M | $522.1M | 50x | |
| Aster MUUSD1 | +0.0240% | 8h | 1,050.4 | −0.046% | $21.6M | $48.3M | 20x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,050.8 | −0.006% | $71K | $243K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0240% | 1h | 1,050.6 | −0.026% | $178.4M | $100.3M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,051.5 | +0.056% | $316K | $339K | 20x | as long as short |
| BloFin MU-USDT | +0.0356% | 8h | 1,051.1 | +0.022% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0376% | 1h | 1,050.5 | −0.037% | $566K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,051.2 | +0.031% | $538K | $306K | 15x | as long as short |
| Bitget MUUSDT | +0.0385% | 8h | 1,051.2 | +0.034% | $20.6M | $41.6M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0550% | 8h | 1,051.5 | +0.060% | $83K | $1.3M | 10x | as long as short |
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Nado MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
OKX MU-USDT-SWAP
SoDEX MU-USD
Aevo MU-PERP
Deribit MU_USDC-PERPETUAL
Coinbase International MU-PERP-INTX
Bybit MUUSDT
Bullet MU-USD
Variational Omni MU
Aster MUUSD1
Arcus MU-USD
tradeXYZ xyz:MU
RISEx MU/USDC
BloFin MU-USDT
Extended MU_24_5-USD
Phoenix MU
Bitget MUUSDT
GRVT MU_USDT_Perp