MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.004%

Price spread now: Orderly against Bybit−0.059%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.059% cheaper against Bybit than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 47 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MUUSDT	1,035.6	0	get 0.0000% / 8h	2h 24m	$18.5M	$32.1M	100x
Short	Orderly PERP_MU_USDC_mythos	1,035	0.0100	get 0.0100% / 8h	2h 24m	$823	$799	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee OrderlybpOrdersPrice spread, now −0.059%Rate

Funding earned: $21
Price spread: −0.059% → 0.000%: −$5.89
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$1.89
Costs to cover: 0.170%
Break-even: 7.6 days

Slippage unknown: Bybit: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.

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, 4 min ago	1.16 bp	9.1 bp −$9	10.6 bp −$106	35.5 bp −$3,547	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0386%	4h	1,034	−0.157%	$1.3M	$671K	10x	as long as short
Bitget MUUSDT	−0.0097%	8h	1,036.1	+0.042%	$20.3M	$41.1M	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,035.6	+0.002%	$21.0M	$57.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,035.3	−0.028%	$121.6M	$532.4M	50x	as long as short
Bybit MUUSDTlong	0.0000%	8h	1,035.6	long leg	$18.5M	$32.1M	100x
OKX MU-USDT-SWAP	0.0000%	8h	1,036	+0.036%	$29.9M	$100.5M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,035.2	−0.043%	$316K	$387K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,035.2	−0.042%	$61.4M	$28.4M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,034.5	−0.111%	$2.6M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,037	+0.137%	$75K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,034.5	−0.107%	$187K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,036.9	+0.123%	$11K	$5.7M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,035.4	−0.016%	$127K	$448K	50x	as long as short
Aftermath Perps MUUSD	+0.0018%	1h	1,035.2	−0.042%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0023%	1h	1,034.8	−0.080%	$7.0M	$18.1M	10x	as long as short
Nado MU-PERP	+0.0027%	1h	1,034.8	−0.076%	$276K	$819K	10x	as long as short
Bullet MU-USD	+0.0032%	1h	1,035.7	+0.007%	$25K	$389K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,035.4	−0.017%	$1.2M	$4.5M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,034.7	−0.084%	$538K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.521%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,034.9	−0.067%	$70K	$231K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,034.8	−0.076%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,035.2	−0.040%	$175.9M	$91.6M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,035.3	−0.030%	$168K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,034.8	−0.076%	$679K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,035.3	−0.028%	$1.9M	$2.4M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,035.7	+0.011%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,035.4	−0.020%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,035.2	−0.040%	$147K	$189K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,034.9	−0.070%	$5.2M	$3.8M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,034.3	−0.130%	$70K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythosshort	+0.0100%	8h	1,035	−0.059%	$823	$799	20x
Lighter MU	+0.0112%	1h	1,035.3	−0.034%	$1.0M	$4.9M	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,035.9	+0.023%	$1.5M	$2.0M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0144%	1h	1,035.7	+0.006%	$731K	$1.3M	10x	as long as short
Phoenix MU	+0.0231%	1h	1,035	−0.059%	$529K	$270K	15x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0301%	1h	1,035.7	+0.006%	$73K	$515K	10x	as long as short