Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.96 per $10,000 · paid last 24h +0.009%
Price spread now: OKX against SunX−0.146%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$690.692% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.146%, 7d avg −0.150%
=The price spread sits at its 7-day average of −0.150%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MU-USDT | 1,050.1 | 0 | get 0.0000% / 8h | 6h 56m | $11K | $6.1M | 10x |
| Short | OKX MU-USDT-SWAP | 1,048.6 | 0.0096 | get 0.0096% / 8h | 6h 56m | $30.9M | $101.3M | 50x |
SunX MU-USDT
OKX MU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $20.06
- Price spread: −0.146% → −0.150%
- $0.4
- Slippage, 4 orders
- −$51.17
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$48.7
- Costs to cover
- 0.692%
- Break-even
- 24.0 days
Slippage from SunX: live order book, 12 min ago; OKX: live order book, 2 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 SunX live order book, 12 min ago | 21.57 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.05 bp | 5.6 bp −$6 | 8.1 bp −$81 | 25.7 bp −$2,568 | 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 | −0.0855% | 4h | 1,050.5 | +0.036% | $1.3M | $670K | 10x | as long as short |
| Nado MU-PERP | −0.0014% | 1h | 1,048.9 | −0.113% | $271K | $859K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048.6 | −0.137% | $62.3M | $27.3M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,049.5 | −0.054% | $190K | $3.3M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,049.1 | −0.093% | $26K | $397K | 10x | as long as short |
| SunX MU-USDTlong | 0.0000% | 8h | 1,050.1 | long leg | $11K | $6.1M | 10x | |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,048.7 | −0.131% | $65K | $315K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.7 | −0.129% | $129K | $424K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,050 | −0.010% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,048.5 | −0.151% | $1.1M | $4.8M | 20x | as long as short |
edgeX MUUSDC
Nado MU-PERP
Gate MU_USDT
StandX MU-USD
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,048.5 | −0.153% | $1.2M | $4.1M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,048.3 | −0.167% | $7.5M | $20.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,049.6 | −0.044% | $71K | $242K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.2 | +0.014% | — | $179K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,048.4 | −0.160% | $177.9M | $100.3M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.8 | −0.122% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,049 | −0.102% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.1 | −0.096% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0078% | 8h | 1,048.5 | −0.153% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAPshort | +0.0096% | 8h | 1,048.6 | −0.146% | $30.9M | $101.3M | 50x | |
| Pacifica MU | +0.0100% | 1h | 1,048.8 | −0.123% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,048.8 | −0.125% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.4 | +0.029% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,049.2 | −0.083% | $834 | $799 | 20x | as long as short |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.122% | $19K | $5K | 12x | as long as short |
| Bybit MUUSDT | +0.0113% | 8h | 1,048.9 | −0.113% | $19.3M | $32.7M | 100x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0128% | 1h | 1,049.6 | −0.048% | $761K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0152% | 1h | 1,048.7 | −0.128% | $32K | $1K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0184% | 1h | 1,048.1 | −0.188% | $563K | $1.2M | 10x | as long as short |
| Variational Omni MU | +0.0260% | 8h | 1,050.4 | +0.027% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0262% | 8h | 1,049.4 | −0.067% | $21.6M | $49.1M | 20x | as long as short |
| Binance MUUSDT | +0.0266% | 8h | 1,048.7 | −0.130% | $125.8M | $523.1M | 50x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,050.9 | +0.078% | $538K | $273K | 15x | as long as short |
| Bitget MUUSDT | +0.0386% | 8h | 1,048.9 | −0.113% | $20.5M | $41.6M | 50x | as long as short |
| BloFin MU-USDT | +0.0388% | 8h | 1,049.6 | −0.046% | $1.5M | $2.0M | 20x | as long as short |
| RISEx MU/USDC | +0.0507% | 1h | 1,048.7 | −0.134% | $315K | $340K | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0514% | 8h | 1,050.4 | +0.030% | $83K | $1.3M | 10x | as long as short |
Lighter RH MU
QFEX MU-USD
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
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Injective MU/USDC PERP
Bybit MUUSDT
Coinbase International MU-PERP-INTX
Aevo MU-PERP
Extended MU_24_5-USD
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Phoenix MU
Bitget MUUSDT
BloFin MU-USDT
RISEx MU/USDC
GRVT MU_USDT_Perp