Funding you earn now, next payment 07:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.041%
Price spread now: Deribit against SunX−0.115%7-day average −0.166% · 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)+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.115%, 7d avg −0.166%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.052% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.166%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MU-USDT | 1,038.2 | 0 | get 0.0000% / 8h | 1h 52m | $11K | $5.6M | 10x |
| Short | Deribit MU_USDC-PERPETUAL | 1,037 | 0.0020 | get 0.0003% / 1h | 52m 04s | $74K | $543K | 10x |
SunX MU-USDT
Deribit MU_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SunX. 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
- $4.22
- Price spread: −0.115% → −0.166%
- $5.18
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$5.6
- Costs to cover
- 0.150%
- Break-even
- 16.3 days
Slippage unknown: SunX: live order book, 7 min ago; Deribit: live order book, 57 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 SunX live order book, 7 min ago | 500.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 57 min ago | 3.65 bp | 9.4 bp −$9 | 13.4 bp −$134 | 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 | −0.0451% | 4h | 1,038.8 | +0.058% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0082% | 8h | 1,037.4 | −0.077% | $20.2M | $41.4M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.4 | −0.078% | $21.1M | $57.4M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,037.1 | −0.104% | $121.6M | $536.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.1 | −0.102% | $18.6M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.3 | −0.090% | $29.9M | $101.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.6 | −0.058% | $315K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,036.9 | −0.127% | $61.4M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.8 | +0.054% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.9 | +0.064% | $84K | $1.4M | 10x | as long as short |
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_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,037.4 | −0.072% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDTlong | 0.0000% | 8h | 1,038.2 | long leg | $11K | $5.6M | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,036.8 | −0.131% | $128K | $441K | 50x | as long as short |
| Bullet MU-USD | +0.0007% | 1h | 1,037.4 | −0.075% | $26K | $390K | 10x | as long as short |
| Nado MU-PERP | +0.0018% | 1h | 1,037.2 | −0.097% | $276K | $816K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,038.5 | +0.031% | $3K | $44K | 10x | as long as short |
| Deribit MU_USDC-PERPETUALshort | +0.0020% | 1h | 1,037 | −0.115% | $74K | $543K | 10x | |
| Lighter RH MU | +0.0032% | 1h | 1,037 | −0.119% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.4 | −0.170% | $544K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,037.5 | −0.063% | $7.0M | $18.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.269% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,038.5 | +0.027% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.5 | −0.068% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036.6 | −0.153% | $176.2M | $89.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.1 | −0.105% | $168K | $196K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037 | −0.112% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.5 | −0.071% | $1.8M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,037.7 | −0.050% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,037 | −0.111% | $1.1M | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.7 | −0.146% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.6 | −0.060% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,036.7 | −0.144% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.2 | +0.096% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.9 | −0.120% | $824 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,037.6 | −0.059% | $732K | $1.3M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.1 | −0.006% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039.4 | +0.117% | $532K | $270K | 15x | as long as short |
StandX MU-USD
HTX MU-USDT
Bullet MU-USD
Nado MU-PERP
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU