Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.065%
Price spread now: HTX against BloFin−0.131%59s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.334% of the position
Funding, last 7 days−0.404%−$40 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.131%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.119% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MU-USDT | 1,036.5 | 0.0120 | pay 0.0120% / 8h | 57m 29s | $1.5M | $2.1M | 20x |
| Short | HTX MU-USDT | 1,035.1 | 0 | get 0.0000% / 8h | 57m 29s | $127K | $460K | 50x |
BloFin MU-USDT
HTX MU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BloFin. 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
- −$25.2
- Price spread: −0.131% → −0.013%
- −$11.85
- Slippage, 4 orders
- −$9.41
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$70.46
- Costs to cover
- 0.334%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; HTX: live order book, 46 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 BloFin live order book, 5 min ago | 0.19 bp | 6.2 bp −$6 | 6.6 bp −$66 | 12.8 bp −$1,279 | doesn't fit |
| Sell HTX live order book, 46 min ago | 0.19 bp | 13.6 bp −$14 | 14.6 bp −$146 | 27.3 bp −$2,728 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUUSDT | −0.0181% | 8h | 1,036 | −0.048% | $20.1M | $40.2M | 50x | as long as short |
| edgeX MUUSDC | −0.0002% | 4h | 1,036.3 | −0.023% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,035.9 | −0.056% | $21.1M | $64.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,035.7 | −0.073% | $122.0M | $538.2M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,035.8 | −0.068% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,035.7 | −0.077% | $29.7M | $99.9M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,036 | −0.045% | $313K | $386K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035.8 | −0.067% | $61.3M | $28.2M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036.4 | −0.006% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.8 | +0.033% | $83K | $1.4M | 10x | as long as short |
Bitget MUUSDT
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
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 | 1,036.1 | −0.038% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.3 | +0.077% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,035.4 | −0.103% | $74K | $586K | 10x | as long as short |
| HTX MU-USDTshort | 0.0000% | 8h | 1,035.1 | −0.131% | $127K | $460K | 50x | |
| Nado MU-PERP | +0.0010% | 1h | 1,035.9 | −0.059% | $277K | $809K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,036.3 | −0.020% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,035.8 | −0.069% | $7.0M | $18.8M | 10x | as long as short |
| Bullet MU-USD | +0.0024% | 1h | 1,035.7 | −0.077% | $24K | $390K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,035.9 | −0.054% | $1.0M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,035.8 | −0.068% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,035.5 | −0.101% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.434% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,035.9 | −0.054% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035.7 | −0.081% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,035.5 | −0.096% | $176.1M | $85.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.4 | −0.106% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,035.5 | −0.096% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.2 | −0.124% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,035.8 | −0.070% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035.1 | −0.134% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.8 | +0.220% | $734K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,035.8 | −0.068% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,035.8 | −0.066% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,036.1 | −0.035% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035.5 | −0.095% | $823 | $799 | 20x | as long as short |
| BloFin MU-USDTlong | +0.0120% | 8h | 1,036.5 | long leg | $1.5M | $2.1M | 20x | |
| Phoenix MU | +0.0231% | 1h | 1,036.8 | +0.029% | $530K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
Nado MU-PERP
Aftermath Perps MUUSD
QFEX MU-USD
Bullet MU-USD
Lighter MU
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
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Phoenix MU