Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.026%
Price spread now: Gate against Bybit−0.044%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 7 days−0.001%$0 · spread now −0.044%, 7d avg −0.029%
=The price spread sits at its 7-day average of −0.029%, 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 | Bybit MUUSDT | 1,052.6 | 0.0019 | pay 0.0019% / 8h | 4h 39m | $19.1M | $32.3M | 100x |
| Short | Gate MU_USDT | 1,052.1 | 0 | get 0.0000% / 8h | 4h 39m | $62.3M | $27.4M | 75x |
Bybit MUUSDT
Gate MU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$3.96
- Price spread: −0.044% → −0.029%
- −$1.52
- Slippage, 4 orders
- −$11.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$43.27
- Costs to cover
- 0.378%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: 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 Bybit live order book, 5 min ago | 0.47 bp | 8.3 bp −$8 | 10.7 bp −$107 | 33.2 bp −$3,321 | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.95 bp | 10.9 bp −$11 | 15.9 bp −$159 | 35.0 bp −$3,499 | 60.3 bp −$30.1K |
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 | −0.0746% | 4h | 1,052.4 | −0.016% | $1.3M | $671K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.2 | −0.036% | $31.2M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.1 | −0.043% | $333K | $348K | 20x | as long as short |
| Gate MU_USDTshort | 0.0000% | 8h | 1,052.1 | −0.044% | $62.3M | $27.4M | 75x | |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.6 | +0.001% | $82K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052 | −0.053% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054 | +0.138% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.3 | −0.027% | $131K | $436K | 50x | as long as short |
| Aster MUUSD1 | +0.0005% | 8h | 1,052 | −0.048% | $21.4M | $55.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,052.3 | −0.024% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
OKX MU-USDT-SWAP
RISEx MU/USDC
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUUSDTlong | +0.0019% | 8h | 1,052.6 | long leg | $19.1M | $32.3M | 100x | |
| Lighter RH MU | +0.0032% | 1h | 1,052 | −0.048% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.6 | −0.092% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.113% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0034% | 1h | 1,052.3 | −0.024% | $25K | $398K | 10x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.1 | −0.045% | $7.2M | $18.0M | 10x | as long as short |
| Variational Omni MU | +0.0036% | 8h | 1,052.5 | −0.007% | $2.7M | $2.4M | — | as long as short |
| Nado MU-PERP | +0.0040% | 1h | 1,051.8 | −0.074% | $282K | $843K | 10x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,052.1 | −0.041% | $1.1M | $5.1M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052 | −0.048% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.4 | +0.079% | — | $176K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052 | −0.052% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.1 | −0.044% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.3 | −0.116% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,052.2 | −0.036% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0070% | 8h | 1,052.1 | −0.041% | $126.8M | $517.1M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0075% | 1h | 1,052.1 | −0.043% | $178.9M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.1 | −0.040% | $758K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,051.8 | −0.071% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,051.9 | −0.061% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.9 | −0.067% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,053 | +0.047% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.9 | −0.064% | $836 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0120% | 8h | 1,052.3 | −0.027% | $20.6M | $41.1M | 50x | as long as short |
| BloFin MU-USDT | +0.0190% | 8h | 1,052.3 | −0.029% | $1.5M | $2.0M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0197% | 1h | 1,051.9 | −0.058% | $69K | $417K | 10x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.6 | +0.005% | $538K | $271K | 15x | as long as short |
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
QFEX MU-USD
Variational Omni MU
Nado MU-PERP
Lighter MU
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Binance MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU