Funding you earn now, next payment 04:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.024%
Price spread now: QFEX against Bullet−0.029%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 3 days (all we have)−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.029%, 7d avg −0.024%
=The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet MU-USD | 1,052.5 | 0.0047 | pay 0.0006% / 1h | 9m 18s | $26K | $395K | 10x |
| Short | QFEX MU-USD | 1,052.2 | 0.0034 | get 0.0004% / 1h | 9m 18s | $7.1M | $17.8M | 10x |
Bullet MU-USD
QFEX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bullet. 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
- −$2.7
- Price spread: −0.029% → −0.024%
- −$0.47
- Slippage, 4 orders
- −$9.72
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$30.9
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 50 min ago; QFEX: live order book, 5 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 Bullet live order book, 50 min ago | 1.42 bp | 7.1 bp −$7 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 0.76 bp | 5.9 bp −$6 | 7.1 bp −$71 | 12.2 bp −$1,215 | 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 | −0.0884% | 4h | 1,052 | −0.052% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,052.5 | +0.004% | $21.5M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.6 | +0.007% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.7 | +0.015% | $340K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | −0.018% | $62.3M | $27.5M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,051.9 | −0.054% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.4 | −0.010% | $81K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.9 | −0.057% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.9 | +0.033% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,052 | −0.048% | $72K | $445K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
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-PERPETUALShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,052.2 | −0.028% | $131K | $434K | 50x | as long as short |
| Bybit MUUSDT | +0.0018% | 8h | 1,052.7 | +0.017% | $19.1M | $32.3M | 100x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,051.9 | −0.056% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.4 | −0.010% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.7 | −0.072% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.108% | $19K | $5K | 12x | as long as short |
| Binance MUUSDT | +0.0034% | 8h | 1,052.4 | −0.011% | $126.6M | $516.3M | 50x | as long as short |
| QFEX MU-USDshort | +0.0034% | 1h | 1,052.2 | −0.029% | $7.1M | $17.8M | 10x | |
| Arcus MU-USD | +0.0040% | 1h | 1,051.8 | −0.063% | $71K | $234K | 10x | as long as short |
| Nado MU-PERP | +0.0044% | 1h | 1,052.1 | −0.041% | $282K | $836K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.6 | +0.101% | — | $176K | 25x | as long as short |
| Bullet MU-USDlong | +0.0047% | 1h | 1,052.5 | long leg | $26K | $395K | 10x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.2 | −0.029% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.2 | −0.026% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.4 | −0.101% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,052.5 | −0.001% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.4 | −0.006% | $1.1M | $5.1M | 20x | as long as short |
| Bitget MUUSDT | +0.0061% | 8h | 1,052.4 | −0.014% | $20.5M | $41.1M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0070% | 1h | 1,052.2 | −0.029% | $178.8M | $97.8M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.9 | +0.037% | $759K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0088% | 1h | 1,051.9 | −0.061% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.4 | −0.008% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.2 | −0.029% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052 | −0.044% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.3 | −0.021% | $837 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0151% | 8h | 1,052.4 | −0.009% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.4 | −0.010% | $538K | $271K | 15x | as long as short |
HTX MU-USDT
Bybit MUUSDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Binance MUUSDT
Arcus MU-USD
Nado MU-PERP
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Bitget MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU