Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: KuCoin against SoDEX+0.006%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 3 days (all we have)−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.006%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.027% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MU-USD | 1,045.7 | 0.0050 | pay 0.0006% / 1h | 36m 50s | $686K | $16K | 10x |
| Short | KuCoin MUUSDTM | 1,045.7 | 0.0100 | get 0.0100% / 8h | 3h 36m | $5.2M | $3.4M | 20x |
SoDEX MU-USD
KuCoin MUUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SoDEX. 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
- $10.5
- Price spread: +0.006% → −0.021%
- $2.72
- Slippage, 4 orders
- −$33.19
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$39.97
- Costs to cover
- 0.532%
- Break-even
- 33.6 days
Slippage from SoDEX: live order book, 17 min ago; KuCoin: live order book, 1 min ago.
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 SoDEX live order book, 17 min ago | 0.19 bp | 12.1 bp −$12 | 40.2 bp −$402 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 2.63 bp | 15.5 bp −$15 | 28.1 bp −$281 | doesn't fit | doesn't fit |
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 | −0.0636% | 4h | 1,045.9 | +0.027% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,046.2 | +0.049% | $21.2M | $56.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,046.2 | +0.057% | $125.0M | $519.0M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,046.4 | +0.069% | $18.8M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,046.2 | +0.050% | $31.1M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.8 | +0.015% | $338K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.9 | +0.022% | $62.2M | $27.7M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,046.2 | +0.049% | $20.5M | $41.4M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,047.2 | +0.150% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,045.8 | +0.013% | $81K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,045.5 | −0.019% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.3 | +0.065% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.6 | −0.004% | $130K | $432K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,046.4 | +0.068% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045.6 | −0.009% | $7.0M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,046 | +0.029% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,046 | +0.030% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,045.5 | −0.014% | $550K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.546% | $19K | $5K | 12x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0037% | 1h | 1,045.7 | +0.002% | $73K | $469K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,046.1 | +0.046% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.3 | +0.064% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,045.9 | +0.024% | $177.2M | $96.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.6 | −0.005% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USDlong | +0.0050% | 1h | 1,045.7 | long leg | $686K | $16K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045 | −0.067% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,045.7 | +0.008% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0053% | 1h | 1,045.3 | −0.034% | $281K | $828K | 10x | as long as short |
| Bullet MU-USD | +0.0064% | 1h | 1,046 | +0.030% | $25K | $394K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,045.5 | −0.015% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.6 | −0.008% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTMshort | +0.0100% | 8h | 1,045.7 | +0.006% | $5.2M | $3.4M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.4 | −0.024% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.8 | +0.013% | $831 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.419% | $757K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,046.3 | +0.057% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,045.6 | −0.005% | $535K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Deribit MU_USDC-PERPETUAL
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Nado MU-PERP
Bullet MU-USD
Aevo MU-PERP
Pacifica MU
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU