Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h −0.024%
Price spread now: tradeXYZ against BloFin−0.041%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.325% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.041%, 7d avg −0.059%
=Together, before fees−0.195%+ Points / potential airdroptradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MU-USDT | 1,037.6 | 0.0120 | pay 0.0120% / 8h | 30m 33s | $1.5M | $2.1M | 20x |
| Short | tradeXYZ xyz:MU | 1,037.2 | 0.0050 | get 0.0006% / 1h | 30m 33s | $176.3M | $82.7M | 10x |
BloFin MU-USDT
tradeXYZ xyz:MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$14.7
- Price spread: −0.041% → −0.059%
- $1.76
- Slippage, 4 orders
- −$2.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$45.39
- Costs to cover
- 0.325%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; tradeXYZ: live order book, 9 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, 2 min ago | 0.14 bp | 6.2 bp −$6 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.48 bp | 9.9 bp −$10 | 11.1 bp −$111 | 16.0 bp −$1,601 | 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 | −0.0695% | 4h | 1,037.8 | +0.018% | $1.3M | $674K | 10x | as long as short |
| Bitget MUUSDT | −0.0176% | 8h | 1,037.4 | −0.022% | $20.2M | $40.0M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.8 | +0.014% | $21.2M | $65.7M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,037.2 | −0.041% | $122.0M | $538.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.2 | −0.045% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.1 | −0.051% | $29.8M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.5 | −0.017% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.1 | −0.050% | $61.4M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.5 | −0.013% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.4 | +0.070% | $71K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
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 | 1,037.9 | +0.025% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.4 | +0.168% | $11K | $5.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,037.4 | −0.018% | $74K | $610K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.3 | −0.036% | $126K | $481K | 50x | as long as short |
| Bullet MU-USD | +0.0014% | 1h | 1,037.7 | +0.010% | $25K | $390K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,037.8 | +0.019% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0021% | 1h | 1,037.4 | −0.026% | $280K | $806K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,037.1 | −0.052% | $7.0M | $18.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,037.4 | −0.027% | $1.0M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037.3 | −0.037% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.6 | −0.099% | $545K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.323% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.1 | −0.047% | $90K | $245K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.6 | −0.003% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MUshort | +0.0050% | 1h | 1,037.2 | −0.041% | $176.3M | $82.7M | 10x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.4 | −0.022% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.5 | −0.014% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.1 | −0.053% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,037.2 | −0.040% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.2 | −0.037% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,037.6 | −0.006% | $725K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.1 | −0.056% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.1 | −0.049% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.2 | −0.040% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.6 | −0.003% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDTlong | +0.0120% | 8h | 1,037.6 | long leg | $1.5M | $2.1M | 20x | |
| Phoenix MU | +0.0232% | 1h | 1,038.2 | +0.055% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bullet MU-USD
Aftermath Perps MUUSD
Nado MU-PERP
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
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