Funding you earn now, next payment 04:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.05 per $10,000 · paid last 24h +0.033%
Price spread now: RISEx against Bullet+0.013%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$230.229% of the position
Funding, last 3 days (all we have)−0.079%−$8 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.013%, 7d avg 0.000%
=The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$1 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 | 1,052.4 | 0.0041 | pay 0.0005% / 1h | 34m 50s | $25K | $398K | 10x |
| Short | RISEx MU/USDC | 1,052.5 | 0 | get 0.0000% / 1h | 34m 50s | $334K | $348K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$8.68
- Price spread: +0.013% → 0.000%
- $1.37
- Slippage, 4 orders
- −$8.86
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$30.17
- Costs to cover
- 0.229%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 24 min ago; RISEx: live order book, 23 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, 24 min ago | 1.42 bp | 7.1 bp −$7 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 23 min ago | 0.76 bp | 3.8 bp −$4 | 4.5 bp −$45 | doesn't fit | 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 | −0.0619% | 4h | 1,052.1 | −0.029% | $1.3M | $672K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.2 | −0.014% | $31.2M | $99.8M | 50x | as long as short |
| RISEx MU/USDCshort | 0.0000% | 1h | 1,052.5 | +0.013% | $334K | $348K | 20x | |
| Gate MU_USDT | 0.0000% | 8h | 1,052.2 | −0.018% | $62.3M | $27.4M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.3 | −0.003% | $82K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.6 | −0.069% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.2 | +0.175% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.4 | −0.001% | $131K | $436K | 50x | as long as short |
| Aster MUUSD1 | +0.0004% | 8h | 1,052.1 | −0.021% | $21.4M | $55.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,052.3 | −0.007% | $3K | $45K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUUSDT | +0.0025% | 8h | 1,052.6 | +0.026% | $19.1M | $32.3M | 100x | as long as short |
| Variational Omni MU | +0.0032% | 8h | 1,052.2 | −0.012% | $2.7M | $2.4M | — | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.2 | −0.014% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.7 | −0.067% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.095% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.1 | −0.021% | $7.2M | $17.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052 | −0.034% | $71K | $234K | 10x | as long as short |
| Bullet MU-USDlong | +0.0041% | 1h | 1,052.4 | long leg | $25K | $398K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.2 | +0.084% | — | $176K | 25x | as long as short |
| Nado MU-PERP | +0.0046% | 1h | 1,051.9 | −0.042% | $282K | $842K | 10x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,052.2 | −0.011% | $1.1M | $5.1M | 20x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.1 | −0.025% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.3 | −0.004% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.4 | −0.088% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,052.4 | +0.004% | $2K | — | 5x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0054% | 1h | 1,052 | −0.038% | $69K | $420K | 10x | as long as short |
| Binance MUUSDT | +0.0067% | 8h | 1,052.3 | −0.008% | $126.8M | $517.2M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0078% | 1h | 1,051.8 | −0.053% | $178.8M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.1 | −0.022% | $758K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,051.9 | −0.042% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.4 | +0.003% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052 | −0.035% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.3 | −0.004% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.3 | −0.009% | $837 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0113% | 8h | 1,052.3 | −0.009% | $20.5M | $41.1M | 50x | as long as short |
| BloFin MU-USDT | +0.0187% | 8h | 1,052.5 | +0.012% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.3 | −0.006% | $538K | $271K | 15x | as long as short |
Bullet MU-USD
RISEx MU/USDC
edgeX MUUSDC
OKX MU-USDT-SWAP
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSD
Bybit MUUSDT
Variational Omni MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Lighter MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Deribit MU_USDC-PERPETUAL
Binance MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU