Funding you earn now, next payment 08:00 UTC−0.0268%/8h= −29.3% APRnext payment −$2.68 per $10,000 · paid last 24h −0.035%
Price spread now: Orderly against BloFin−0.079%772s7-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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Orderly is 0.079% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 772 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 | 1,049.8 | 0.0368 | pay 0.0368% / 8h | 6h 36m | $1.5M | $2.0M | 20x |
| Short | Orderly PERP_MU_USDC_mythos | 1,049 | 0.0100 | get 0.0100% / 8h | 6h 36m | $834 | $799 | 20x |
BloFin MU-USDT
Orderly PERP_MU_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$56.21
- Price spread: −0.079% → 0.000%
- −$7.91
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$82.11
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 17 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 BloFin live order book, 17 min ago | 0.09 bp | 6.1 bp −$6 | 7.2 bp −$72 | 13.9 bp −$1,388 | 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 | −0.0949% | 4h | 1,048.4 | −0.131% | $1.3M | $671K | 10x | as long as short |
| Nado MU-PERP | −0.0007% | 1h | 1,048.4 | −0.136% | $274K | $858K | 10x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,049.5 | −0.026% | $19.2M | $32.6M | 100x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.1 | −0.065% | $62.1M | $27.6M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.7 | −0.102% | $190K | $3.4M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,049.2 | −0.056% | $26K | $395K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,050.2 | +0.037% | $11K | $6.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,049 | −0.079% | $66K | $329K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,049.1 | −0.070% | $129K | $430K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0021% | 1h | 1,048.6 | −0.116% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
Nado MU-PERP
Bybit MUUSDT
Gate MU_USDT
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MU | +0.0032% | 1h | 1,049.2 | −0.062% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.2 | −0.062% | $1.1M | $4.1M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048.6 | −0.115% | $567K | $1.2M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,048.6 | −0.120% | $7.5M | $20.1M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,048.7 | −0.105% | $71K | $237K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,049.8 | +0.001% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,049 | −0.077% | $178.1M | $99.9M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.9 | −0.087% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,048.9 | −0.087% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.4 | −0.134% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0068% | 8h | 1,048.7 | −0.107% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAP | +0.0070% | 8h | 1,049.5 | −0.033% | $30.8M | $100.7M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.5 | −0.125% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049 | −0.076% | $5.2M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,048.6 | −0.112% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythosshort | +0.0100% | 8h | 1,049 | −0.079% | $834 | $799 | 20x | |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.148% | $19K | $5K | 12x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0128% | 1h | 1,048.1 | −0.165% | $759K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,048.9 | −0.087% | $32K | $1K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0158% | 8h | 1,049 | −0.080% | $81K | $1.3M | 10x | as long as short |
| Aster MUUSD1 | +0.0203% | 8h | 1,049.2 | −0.058% | $21.6M | $50.1M | 20x | as long as short |
| Variational Omni MU | +0.0204% | 8h | 1,049.1 | −0.068% | $2.7M | $2.4M | — | as long as short |
| Binance MUUSDT | +0.0221% | 8h | 1,049.2 | −0.054% | $126.9M | $524.9M | 50x | as long as short |
| Bitget MUUSDT | +0.0278% | 8h | 1,049.3 | −0.049% | $20.3M | $41.9M | 50x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,049.2 | −0.058% | $537K | $273K | 15x | as long as short |
| BloFin MU-USDTlong | +0.0368% | 8h | 1,049.8 | long leg | $1.5M | $2.0M | 20x | |
| RISEx MU/USDC | +0.0507% | 1h | 1,049.1 | −0.071% | $333K | $348K | 20x | as long as short |
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
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
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Injective MU/USDC PERP
Coinbase International MU-PERP-INTX
Aevo MU-PERP
GRVT MU_USDT_Perp
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
Bitget MUUSDT
Phoenix MU
RISEx MU/USDC