Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against SunX−0.154%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.154% cheaper against SunX than usual: you would sell low and buy high (spread −0.154% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 5.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MU-USDT | 1,040.1 | 0 | get 0.0000% / 8h | 9m 57s | $11K | $5.5M | 10x |
| Short | Orderly PERP_MU_USDC_mythos | 1,038.5 | 0.0100 | get 0.0100% / 8h | 9m 57s | $826 | $799 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $21
- Price spread: −0.154% → 0.000%
- −$15.38
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$8.38
- Costs to cover
- 0.140%
- Break-even
- 9.8 days
Slippage unknown: SunX: live order book, 9 min ago; Orderly: no order-book sample. 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, 9 min ago | 21.56 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0799% | 4h | 1,038.2 | −0.186% | $1.3M | $674K | 10x | as long as short |
| Bitget MUUSDT | −0.0153% | 8h | 1,038.8 | −0.133% | $20.2M | $39.9M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.8 | −0.132% | $21.2M | $67.0M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.6 | −0.147% | $122.4M | $537.2M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.6 | −0.148% | $18.8M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.4 | −0.170% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.3 | −0.177% | $313K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.3 | −0.173% | $61.6M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.8 | −0.228% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.7 | −0.140% | $71K | $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 | 1,038 | −0.206% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDTlong | 0.0000% | 8h | 1,040.1 | long leg | $11K | $5.5M | 10x | |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.3 | −0.175% | $74K | $617K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.4 | −0.163% | $126K | $481K | 50x | as long as short |
| Bullet MU-USD | +0.0006% | 1h | 1,038.6 | −0.148% | $25K | $388K | 10x | as long as short |
| Nado MU-PERP | +0.0014% | 1h | 1,037.9 | −0.214% | $280K | $804K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,038.2 | −0.186% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038 | −0.210% | $7.0M | $18.7M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,038.6 | −0.146% | $1.0M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.5 | −0.157% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.9 | −0.212% | $545K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.080% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.6 | −0.241% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.3 | −0.172% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.3 | −0.176% | $176.4M | $81.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038 | −0.205% | $168K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.1 | −0.191% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,038 | −0.201% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,037.8 | −0.223% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.1 | −0.198% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.3 | −0.172% | $726K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.6 | −0.242% | $144K | $192K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.2 | −0.188% | $5.2M | $4.1M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.7 | −0.136% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythosshort | +0.0100% | 8h | 1,038.5 | −0.154% | $826 | $799 | 20x | |
| BloFin MU-USDT | +0.0120% | 8h | 1,038 | −0.210% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.9 | −0.118% | $531K | $270K | 15x | as long as short |
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
Bullet MU-USD
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU