Funding you earn now, next payment 08:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.85 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against Bybit+0.005%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now +0.005%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUUSDT | 1,040.7 | 0 | get 0.0000% / 8h | 2h 02m | $18.7M | $32.2M | 100x |
| Short | Bitget MUUSDT | 1,040.8 | −0.0085 | pay 0.0085% / 8h | 2h 02m | $20.3M | $41.2M | 50x |
Bybit MUUSDT
Bitget MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$17.85
- Price spread: +0.005% → +0.008%
- −$0.32
- Slippage, 4 orders
- −$9.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$50.37
- Costs to cover
- 0.322%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 1 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 Bybit live order book, 1 min ago | 0.29 bp | 9.0 bp −$9 | 10.2 bp −$102 | 36.0 bp −$3,605 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.63 bp | 7.4 bp −$7 | 9.2 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUUSDTshort | −0.0085% | 8h | 1,040.8 | +0.005% | $20.3M | $41.2M | 50x | |
| edgeX MUUSDC | −0.0008% | 4h | 1,041.1 | +0.037% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,041.1 | +0.030% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,040.7 | −0.006% | $122.1M | $536.4M | 50x | as long as short |
| Bybit MUUSDTlong | 0.0000% | 8h | 1,040.7 | long leg | $18.7M | $32.2M | 100x | |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040.7 | −0.001% | $30.0M | $101.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,040.7 | −0.002% | $316K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,040.5 | −0.021% | $61.7M | $28.6M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,041.3 | +0.058% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,041.6 | +0.079% | $84K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance 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 | 1,040.6 | −0.016% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,041.9 | +0.109% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040.3 | −0.047% | $128K | $442K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,040.4 | −0.037% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0022% | 1h | 1,040 | −0.074% | $277K | $816K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,040.6 | −0.013% | $7.0M | $18.3M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,040.6 | −0.012% | $1.2M | $4.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,040.3 | −0.044% | $544K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.020% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0038% | 1h | 1,040.4 | −0.033% | $26K | $389K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,040.2 | −0.052% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,040.6 | −0.011% | — | $175K | 25x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0048% | 1h | 1,040.1 | −0.063% | $74K | $535K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,040.5 | −0.023% | $177.0M | $90.8M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,040.1 | −0.061% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,040.8 | +0.001% | $683K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,040 | −0.067% | $1.9M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,040.6 | −0.012% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.2 | −0.052% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,040.3 | −0.041% | $148K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,040.5 | −0.026% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,040.9 | +0.018% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.6 | −0.014% | $827 | $799 | 20x | as long as short |
| Lighter MU | +0.0112% | 1h | 1,040.8 | +0.007% | $1.1M | $5.0M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040.9 | +0.015% | $1.4M | $2.1M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,036 | −0.458% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,041.2 | +0.044% | $533K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Nado MU-PERP
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
Arcus MU-USD
Vest MU-USD-PERP
Deribit MU_USDC-PERPETUAL
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU