Funding you earn now, next payment 04:00 UTC+0.1115%/8h= +122.1% APRpaid last 24h −0.061%
Price spread now: Bitget against edgeX+0.216%104s7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.266% of the position
Funding, last 7 days−0.688%−$69 on $10k
+Price spread, last 7 days−0.194%−$19 · spread now +0.216%, 7d avg +0.045%
=Together, before fees−0.881%+ Points / potential airdropedgeX: Active · farm board−$88 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Bitget is 0.171% dearer against edgeX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.045%. Mind the row above: over the last 7 days funding on this pair cost −0.688%, so the current rate has only just turned in your favour. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.688% in total (about -35.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MUUSDC | 1,047 | −0.0946 | get 0.0473% / 4h | 3h 51m | $1.3M | $671K | 10x |
| Short | Bitget MUUSDT | 1,049.2 | 0.0169 | get 0.0169% / 8h | 7h 51m | $20.6M | $41.4M | 50x |
edgeX MUUSDC
Bitget MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- $234.18
- Price spread: +0.216% → +0.045%
- $17.07
- Slippage, 4 orders
- −$5.58
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $224.66
- Costs to cover
- 0.266%
- Break-even
- 0.3 days
Slippage from edgeX: live order book, 2 min ago; Bitget: live order book, 2 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 edgeX live order book, 2 min ago | 0.29 bp | 4.9 bp −$5 | 6.9 bp −$69 | 29.3 bp −$2,930 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.62 bp | 8.5 bp −$8 | 10.0 bp −$100 | 20.0 bp −$2,003 | 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 MUUSDClong | −0.0946% | 4h | 1,047 | long leg | $1.3M | $671K | 10x | |
| Gate MU_USDT | 0.0000% | 8h | 1,049.3 | +0.224% | $63.2M | $28.4M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,047.4 | +0.047% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,050.2 | +0.310% | $11K | $6.3M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,048.5 | +0.148% | $62K | $292K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.2 | +0.114% | $130K | $418K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,046.8 | −0.018% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,049.7 | +0.263% | $1.1M | $4.7M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.7 | +0.260% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.359% | $14K | $251 | 12x | as long as short |
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | +0.0046% | 1h | 1,049.2 | +0.217% | — | $194K | 25x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,047.6 | +0.063% | $2.0M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,048.5 | +0.145% | $7.8M | $23.4M | 10x | as long as short |
| Nado MU-PERP | +0.0072% | 1h | 1,048.2 | +0.120% | $272K | $859K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0089% | 8h | 1,049.7 | +0.266% | $30.9M | $101.5M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,049.3 | +0.222% | $154K | $180K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,048.8 | +0.180% | $5.3M | $3.7M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.6 | +0.157% | $834 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0105% | 8h | 1,049.7 | +0.258% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,048.4 | +0.139% | $32K | $1K | 10x | as long as short |
| Variational Omni MU | +0.0168% | 8h | 1,048.2 | +0.115% | $2.7M | $2.5M | — | as long as short |
| Bitget MUUSDTshort | +0.0169% | 8h | 1,049.2 | +0.216% | $20.6M | $41.4M | 50x | |
| Aster MUUSD1 | +0.0182% | 8h | 1,048.9 | +0.186% | $21.6M | $47.8M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,048.4 | +0.134% | $759K | $1.3M | 10x | as long as short |
| Binance MUUSDT | +0.0191% | 8h | 1,049.7 | +0.258% | $125.8M | $524.8M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0195% | 8h | 1,048 | +0.097% | $82K | $1.4M | 10x | as long as short |
| Bybit MUUSDT | +0.0232% | 8h | 1,050 | +0.295% | $19.3M | $32.5M | 100x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,047.7 | +0.067% | $71K | $243K | 10x | as long as short |
| SoDEX MU-USD | +0.0264% | 1h | 1,048.7 | +0.163% | $688K | $16K | 10x | as long as short |
| BloFin MU-USDT | +0.0307% | 8h | 1,048.6 | +0.156% | $1.5M | $2.0M | 20x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,048.7 | +0.169% | $315K | $339K | 20x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,048.9 | +0.186% | $536K | $306K | 15x | as long as short |
| ApeX Omni MUUSDT | +0.0451% | 1h | 1,048.3 | +0.132% | $71K | $267K | 50x | as long as short |
| Polymarket Perps MU-USD | +0.0517% | 1h | 1,048.6 | +0.157% | $170K | $202K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0592% | 1h | 1,048.8 | +0.177% | $547K | $1.0M | 10x | as long as short |
| Bullet MU-USD | +0.0759% | 1h | 1,048.9 | +0.182% | $26K | $394K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0759% | 1h | 1,049.4 | +0.234% | $178.5M | $101.0M | 10x | as long as short |
Vest MU-USD-PERP
Ondo Perps MU-USD.P
QFEX MU-USD
Nado MU-PERP
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
Paradex MU-USD-PERP
Aevo MU-PERP
Variational Omni MU
Aster MUUSD1
Coinbase International MU-PERP-INTX
Binance MUUSDT
GRVT MU_USDT_Perp
Bybit MUUSDT
Arcus MU-USD
SoDEX MU-USD
BloFin MU-USDT
RISEx MU/USDC
Phoenix MU
ApeX Omni MUUSDT
Polymarket Perps MU-USD
Extended MU_24_5-USD
Bullet MU-USD
tradeXYZ xyz:MU