Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.54 per $10,000 · paid last 24h −0.025%
Price spread now: SunX against Paradex+0.128%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
=The price spread pays, funding is against you. SunX is 0.128% dearer against Paradex than usual: you sell high and buy low (spread +0.128% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MU-USD-PERP | 1,041.1 | 0.0054 | pay 0.0054% / 8h | 2h 08m | $2K | — | 5x |
| Short | SunX MU-USDT | 1,042.5 | 0 | get 0.0000% / 8h | 2h 08m | $11K | $5.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$11.26
- Price spread: +0.128% → 0.000%
- $12.77
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$10.49
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; SunX: live order book, 11 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 SunX live order book, 11 min ago | 21.56 bp | 32.9 bp −$33 | doesn't fit | 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 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 | −0.0827% | 4h | 1,040.2 | −0.092% | $1.3M | $671K | 10x | as long as short |
| Bitget MUUSDT | −0.0128% | 8h | 1,041.2 | +0.005% | $20.3M | $41.2M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,041.1 | −0.005% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,041 | −0.016% | $122.2M | $536.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,041.2 | +0.004% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040.9 | −0.022% | $30.0M | $101.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,041.4 | +0.025% | $316K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,041 | −0.016% | $61.6M | $28.6M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,040.3 | −0.080% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,040.7 | −0.038% | $84K | $1.4M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,040.6 | −0.048% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDTshort | 0.0000% | 8h | 1,042.5 | +0.128% | $11K | $5.7M | 10x | |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,040.9 | −0.022% | $74K | $531K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040.9 | −0.024% | $128K | $442K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,039.2 | −0.184% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0021% | 1h | 1,040.8 | −0.033% | $278K | $816K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,041 | −0.010% | $7.0M | $18.3M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,041 | −0.015% | $1.2M | $4.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,040.3 | −0.085% | $541K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.982% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0036% | 1h | 1,041.2 | +0.005% | $26K | $390K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,039.8 | −0.134% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.3 | +0.017% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,040.7 | −0.042% | $177.0M | $90.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,040.9 | −0.023% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,040.9 | −0.023% | $683K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,040.5 | −0.066% | $1.9M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERPlong | +0.0054% | 8h | 1,041.1 | long leg | $2K | — | 5x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.5 | −0.064% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,040.9 | −0.022% | $148K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,040.8 | −0.033% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,040.8 | −0.038% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.9 | −0.026% | $827 | $799 | 20x | as long as short |
| Lighter MU | +0.0104% | 1h | 1,041.2 | +0.010% | $1.1M | $5.0M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040.7 | −0.044% | $1.4M | $2.1M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,036 | −0.497% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,041 | −0.013% | $532K | $270K | 15x | as long as short |
Paradex MU-USD-PERP
SunX MU-USDT
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU