Funding you earn now, next payment 12:00 UTC−0.0079%/8h= −8.7% APRpaid last 24h +0.026%
Price spread now: Deribit against Paradex−0.052%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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Deribit is 0.052% cheaper against Paradex than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MU-USD-PERP | 1,038.7 | 0.0079 | pay 0.0079% / 8h | 4h 55m | $2K | — | 5x |
| Short | Deribit MU_USDC-PERPETUAL | 1,038.2 | 0 | get 0.0000% / 1h | 55m 19s | $32K | $733K | 10x |
Paradex MU-USD-PERP
Deribit MU_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$16.65
- Price spread: −0.052% → 0.000%
- −$5.21
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$32.86
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Deribit: live order book, 52 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 Deribit live order book, 52 min ago | 0.05 bp | 7.5 bp −$8 | 12.1 bp −$121 | doesn't fit | 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 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 | −0.0543% | 4h | 1,039.5 | +0.070% | $1.3M | $694K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,039.5 | +0.073% | $21.2M | $73.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,039 | +0.028% | $122.0M | $554.2M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.9 | +0.017% | $29.8M | $106.7M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.8 | +0.008% | $61.3M | $27.3M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,038.9 | +0.017% | $19.8M | $43.7M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.8 | +0.006% | $2.6M | $2.5M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,038.6 | −0.011% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040.8 | +0.200% | $11K | $4.9M | 10x | as long as short |
| Deribit MU_USDC-PERPETUALshort | 0.0000% | 1h | 1,038.2 | −0.052% | $32K | $733K | 10x |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDTShow 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 | +0.014% | $119K | $473K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.6 | −0.017% | $1.1M | $4.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.216% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0037% | 1h | 1,039 | +0.025% | $3K | $41K | 10x | as long as short |
| RISEx MU/USDC | +0.0045% | 1h | 1,039.3 | +0.054% | $298K | $334K | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,040 | +0.122% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.8 | +0.007% | $169K | $163K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.9 | +0.011% | $683K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.9 | −0.079% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,038.6 | −0.011% | $7.0M | $19.4M | 10x | as long as short |
| Paradex MU-USD-PERPlong | +0.0079% | 8h | 1,038.7 | long leg | $2K | — | 5x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.4 | −0.028% | $32K | $1K | 10x | as long as short |
| Bybit MUUSDT | +0.0088% | 8h | 1,039.2 | +0.046% | $18.8M | $32.2M | 100x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.5 | −0.025% | $151K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.8 | +0.009% | $5.2M | $6.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.4 | +0.061% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.8 | +0.011% | $826 | $799 | 20x | as long as short |
| Lighter MU | +0.0120% | 1h | 1,038.9 | +0.011% | $1.0M | $4.9M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,039.8 | +0.098% | $1.5M | $2.7M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0136% | 1h | 1,037.9 | −0.082% | $727K | $1.2M | 10x | as long as short |
| Nado MU-PERP | +0.0140% | 1h | 1,038.5 | −0.020% | $276K | $834K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0158% | 8h | 1,039.9 | +0.115% | $72K | $1.4M | 10x | as long as short |
| Arcus MU-USD | +0.0186% | 1h | 1,038.6 | −0.015% | $90K | $159K | 10x | as long as short |
| Bullet MU-USD | +0.0235% | 1h | 1,039.1 | +0.036% | $26K | $383K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0247% | 1h | 1,038.8 | +0.007% | $177.6M | $75.1M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0288% | 1h | 1,038 | −0.068% | $551K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,041.5 | +0.267% | $533K | $159K | 15x | as long as short |
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
RISEx MU/USDC
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Aevo MU-PERP
Bybit MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Nado MU-PERP
GRVT MU_USDT_Perp
Arcus MU-USD
Bullet MU-USD
tradeXYZ xyz:MU
Extended MU_24_5-USD
Phoenix MU