Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against HTX−0.041%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 0.041% cheaper against HTX than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MU-USDT | 1,035.9 | 0 | get 0.0000% / 8h | 58m 15s | $127K | $460K | 50x |
| Short | Orderly PERP_MU_USDC_mythos | 1,035.5 | 0.0100 | get 0.0100% / 8h | 58m 15s | $823 | $799 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against HTX. 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
- $21
- Price spread: −0.041% → 0.000%
- −$4.05
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$1.05
- Costs to cover
- 0.180%
- Break-even
- 7.4 days
Slippage unknown: HTX: live order book, 45 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 HTX live order book, 45 min ago | 0.19 bp | 7.0 bp −$7 | 11.2 bp −$112 | 22.7 bp −$2,274 | 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 | −0.0242% | 4h | 1,036.6 | +0.065% | $1.3M | $674K | 10x | as long as short |
| Bitget MUUSDT | −0.0174% | 8h | 1,035.8 | −0.014% | $20.1M | $40.3M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,035.9 | 0.000% | $21.1M | $64.1M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,035.6 | −0.029% | $122.0M | $538.2M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,035.6 | −0.035% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,035.5 | −0.045% | $29.7M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,035.8 | −0.009% | $312K | $386K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035.5 | −0.042% | $61.3M | $28.2M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036.4 | +0.048% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.8 | +0.087% | $83K | $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 | 1,036.1 | +0.016% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.3 | +0.131% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,035.4 | −0.049% | $74K | $586K | 10x | as long as short |
| HTX MU-USDTlong | 0.0000% | 8h | 1,035.9 | long leg | $127K | $460K | 50x | |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,036.5 | +0.054% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0020% | 1h | 1,035.4 | −0.053% | $278K | $809K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,035.7 | −0.022% | $7.0M | $18.8M | 10x | as long as short |
| Bullet MU-USD | +0.0024% | 1h | 1,035.7 | −0.023% | $24K | $390K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,036.2 | +0.021% | $1.0M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036 | +0.010% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,035.2 | −0.075% | $547K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.489% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036.2 | +0.028% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035.7 | −0.023% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,035.2 | −0.071% | $176.1M | $85.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.4 | −0.052% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,035.5 | −0.042% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035 | −0.090% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,035.6 | −0.029% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035.1 | −0.080% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.8 | +0.274% | $734K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,035.9 | −0.006% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,035.5 | −0.044% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,036.1 | +0.019% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythosshort | +0.0100% | 8h | 1,035.5 | −0.041% | $823 | $799 | 20x | |
| BloFin MU-USDT | +0.0120% | 8h | 1,036.5 | +0.054% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,036.8 | +0.083% | $530K | $270K | 15x | as long as short |
HTX MU-USDT
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
Aftermath Perps MUUSD
Bullet MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU