Funding you earn now, next payment 03:00 UTC−0.0038%/8h= −4.1% APRpaid last 24h +0.009%
Price spread now: Bullet against Binance−0.001%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$240.242% of the position
Funding, last 3 days (all we have)+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)−0.344%−$34 · spread now −0.001%, 7d avg +0.017%
=The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.062%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUUSDT | 1,052.5 | 0.0098 | pay 0.0098% / 8h | 5h 01m | $126.7M | $517.4M | 50x |
| Short | Bullet MU-USD | 1,052.5 | 0.0060 | get 0.0008% / 1h | 1m 08s | $26K | $398K | 10x |
Binance MUUSDT
Bullet MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Binance. 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
- −$7.94
- Price spread: −0.001% → +0.017%
- −$1.8
- Slippage, 4 orders
- −$6.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$33.94
- Costs to cover
- 0.242%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bullet: live order book, 63 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 Binance live order book, 13 min ago | 0.05 bp | 5.0 bp −$5 | 6.4 bp −$64 | 15.5 bp −$1,553 | doesn't fit |
| Sell Bullet live order book, 63 min ago | 0.95 bp | 6.6 bp −$7 | 21.0 bp −$210 | 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 | −0.0935% | 4h | 1,052.3 | −0.023% | $1.3M | $672K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.7 | +0.018% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | −0.018% | $62.1M | $27.6M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.4 | −0.011% | $78K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052.1 | −0.042% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.1 | +0.149% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,052.1 | −0.036% | $69K | $394K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.5 | −0.004% | $130K | $431K | 50x | as long as short |
| Bybit MUUSDT | +0.0010% | 8h | 1,052.8 | +0.031% | $19.2M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | +0.0011% | 8h | 1,052.4 | −0.009% | $31.1M | $99.9M | 50x | as long as short |
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bybit MUUSDT
OKX MU-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,051.8 | −0.063% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0030% | 1h | 1,052.4 | −0.015% | $7.2M | $18.0M | 10x | as long as short |
| Aster MUUSD1 | +0.0031% | 8h | 1,052.4 | −0.012% | $21.4M | $55.0M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.4 | −0.014% | $1.3M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.109% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.8 | −0.064% | $71K | $234K | 10x | as long as short |
| Nado MU-PERP | +0.0046% | 1h | 1,052.1 | −0.043% | $282K | $844K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.6 | +0.100% | — | $175K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.2 | −0.029% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.4 | −0.010% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.6 | −0.091% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,052.5 | +0.002% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.4 | −0.007% | $1.1M | $5.1M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0056% | 1h | 1,051.8 | −0.067% | $564K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0060% | 1h | 1,052.2 | −0.029% | $178.6M | $99.0M | 10x | as long as short |
| Bullet MU-USDshort | +0.0060% | 1h | 1,052.5 | −0.001% | $26K | $398K | 10x | |
| Variational Omni MU | +0.0063% | 8h | 1,052.3 | −0.018% | $2.7M | $2.4M | — | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,051.9 | −0.054% | $758K | $1.2M | 10x | as long as short |
| Binance MUUSDTlong | +0.0098% | 8h | 1,052.5 | long leg | $126.7M | $517.4M | 50x | |
| Pacifica MU | +0.0100% | 1h | 1,052.5 | −0.004% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.2 | −0.028% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.4 | −0.008% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.4 | −0.009% | $837 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,052.1 | −0.041% | $32K | $1K | 10x | as long as short |
| Bitget MUUSDT | +0.0138% | 8h | 1,052.6 | +0.005% | $20.6M | $41.1M | 50x | as long as short |
| BloFin MU-USDT | +0.0218% | 8h | 1,052.2 | −0.030% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,052.5 | −0.001% | $538K | $271K | 15x | as long as short |
Aftermath Perps MUUSD
QFEX MU-USD
Aster MUUSD1
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
Nado MU-PERP
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Extended MU_24_5-USD
tradeXYZ xyz:MU
Variational Omni MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU