Funding you earn now, next payment 08:00 UTC+0.0268%/8h= +29.3% APRnext payment +$2.68 per $10,000 · paid last 24h +0.003%
Price spread now: Paradex against Bitget−0.109%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Paradex is 0.109% cheaper against Bitget than usual: you would sell low and buy high (spread −0.109% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 33 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUUSDT | 1,037.4 | −0.0217 | get 0.0217% / 8h | 49m 57s | $20.2M | $40.0M | 50x |
| Short | Paradex MU-USD-PERP | 1,036.3 | 0.0051 | get 0.0051% / 8h | 49m 57s | $2K | — | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Bitget. 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
- $56.28
- Price spread: −0.109% → 0.000%
- −$10.9
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $29.38
- Costs to cover
- 0.160%
- Break-even
- 3.3 days
Slippage unknown: Bitget: live order book, 4 min ago; Paradex: 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 Bitget live order book, 4 min ago | 0.24 bp | 7.6 bp −$8 | 10.2 bp −$102 | 25.3 bp −$2,526 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0721% | 4h | 1,036 | −0.132% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDTlong | −0.0217% | 8h | 1,037.4 | long leg | $20.2M | $40.0M | 50x | |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.5 | +0.007% | $21.2M | $64.8M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,037.5 | +0.010% | $122.1M | $538.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.2 | −0.020% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.2 | −0.017% | $29.8M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,036.5 | −0.085% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,036.6 | −0.078% | $61.4M | $28.2M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036.2 | −0.112% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,035.8 | −0.157% | $82K | $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 | 1,036.1 | −0.123% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,038.3 | +0.089% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,036.5 | −0.090% | $74K | $592K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.3 | −0.104% | $127K | $460K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,035.9 | −0.143% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,036.3 | −0.106% | $7.0M | $18.8M | 10x | as long as short |
| Nado MU-PERP | +0.0029% | 1h | 1,036 | −0.130% | $277K | $807K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036.7 | −0.064% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.7 | −0.071% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.347% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0039% | 1h | 1,036.6 | −0.079% | $25K | $390K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,035.7 | −0.164% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,036.1 | −0.124% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036.8 | −0.057% | $176.3M | $84.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,036.2 | −0.115% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,036.5 | −0.083% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.7 | −0.168% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERPshort | +0.0051% | 8h | 1,036.3 | −0.109% | $2K | — | 5x | |
| Lighter MU | +0.0056% | 1h | 1,036.8 | −0.054% | $1.0M | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.2 | −0.114% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.8 | +0.134% | $734K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,036.2 | −0.111% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,036.9 | −0.048% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,036.6 | −0.076% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.4 | −0.100% | $824 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,036.4 | −0.095% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,035.6 | −0.173% | $530K | $270K | 15x | as long as short |
Bitget MUUSDT
Paradex MU-USD-PERP
edgeX MUUSDC
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
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Lighter MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU