Funding you earn now, next payment 08:00 UTC−0.0386%/8h= −42.2% APRpaid last 24h −0.015%
Price spread now: edgeX against Binance−0.160%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs+$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$210.211% of the position
Funding, last 7 days+0.683%+$68 on $10k
+Price spread, last 7 days+0.118%+$12 · spread now −0.160%, 7d avg −0.036%
=Together, before fees+0.801%+ Points / potential airdropedgeX: Active · farm board+$80 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and edgeX is 0.123% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.036%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.683%, 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 | 1,035.6 | 0 | get 0.0000% / 8h | 2h 25m | $121.7M | $532.3M | 50x |
| Short | edgeX MUUSDC | 1,034 | −0.0386 | pay 0.0193% / 4h | 2h 25m | $1.3M | $671K | 10x |
Binance MUUSDT
edgeX MUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$81.01
- Price spread: −0.160% → −0.036%
- −$12.34
- Slippage, 4 orders
- −$2.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$114.47
- Costs to cover
- 0.211%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; edgeX: live order book, 4 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, 4 min ago | 0.05 bp | 5.8 bp −$6 | 7.6 bp −$76 | 21.3 bp −$2,135 | doesn't fit |
| Sell edgeX live order book, 4 min ago | 0.39 bp | 5.0 bp −$5 | 6.8 bp −$68 | 30.7 bp −$3,068 | 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 MUUSDCshort | −0.0386% | 4h | 1,034 | −0.160% | $1.3M | $671K | 10x | |
| Bitget MUUSDT | −0.0082% | 8h | 1,036.4 | +0.076% | $20.3M | $41.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,035.9 | +0.025% | $21.0M | $57.2M | 20x | as long as short |
| Binance MUUSDTlong | 0.0000% | 8h | 1,035.6 | long leg | $121.7M | $532.3M | 50x | |
| Bybit MUUSDT | 0.0000% | 8h | 1,035.8 | +0.014% | $18.5M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,035.5 | −0.014% | $29.9M | $100.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,035.2 | −0.046% | $316K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035.4 | −0.026% | $61.4M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,034.5 | −0.114% | $2.6M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037 | +0.135% | $75K | $1.4M | 10x | as long as short |
Bitget MUUSDT
Aster MUUSD1
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 | 1,034.5 | −0.110% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,036.9 | +0.120% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,035.4 | −0.019% | $127K | $448K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,035.2 | −0.045% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,034.8 | −0.083% | $7.0M | $18.1M | 10x | as long as short |
| Nado MU-PERP | +0.0027% | 1h | 1,034.8 | −0.079% | $276K | $819K | 10x | as long as short |
| Bullet MU-USD | +0.0032% | 1h | 1,035.7 | +0.004% | $25K | $389K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,035.8 | +0.014% | $1.2M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,035.3 | −0.034% | $538K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.518% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,034.7 | −0.087% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,034.8 | −0.079% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,035.3 | −0.033% | $175.9M | $93.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.3 | −0.033% | $168K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,034.8 | −0.079% | $679K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035 | −0.065% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,035.4 | −0.027% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035.4 | −0.023% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,034.8 | −0.080% | $147K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,035 | −0.059% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,034.3 | −0.133% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035 | −0.062% | $823 | $799 | 20x | as long as short |
| Lighter MU | +0.0112% | 1h | 1,036 | +0.035% | $1.0M | $4.9M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,035.9 | +0.020% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,035.7 | +0.003% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,035 | −0.062% | $529K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0301% | 1h | 1,035.7 | +0.003% | $73K | $515K | 10x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Bullet MU-USD
Lighter RH MU
Extended MU_24_5-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
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU
Deribit MU_USDC-PERPETUAL