Funding you earn now, next payment 04:00 UTC−0.1018%/8h= −111.4% APRpaid last 24h +0.073%
Price spread now: edgeX against OKX−0.064%51s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs+$53as 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−$210.205% of the position
Funding, last 7 days+0.731%+$73 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.064%, 7d avg −0.031%
=Together, before fees+0.774%+ Points / potential airdropedgeX: Active · farm board+$77 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and edgeX is 0.033% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.031%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.731%, so the current rate has only just turned against you. The two prices were read 51 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 | OKX MU-USDT-SWAP | 1,049.1 | 0.0069 | pay 0.0069% / 8h | 6h 34m | $30.8M | $100.7M | 50x |
| Short | edgeX MUUSDC | 1,048.4 | −0.0949 | pay 0.0475% / 4h | 2h 34m | $1.3M | $671K | 10x |
OKX MU-USDT-SWAP
edgeX MUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- −$213.71
- Price spread: −0.064% → −0.031%
- −$3.29
- Slippage, 4 orders
- −$1.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$237.53
- Costs to cover
- 0.205%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; edgeX: live order book, 4 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 OKX live order book, 4 min ago | 0.05 bp | 5.2 bp −$5 | 7.0 bp −$70 | 22.9 bp −$2,292 | doesn't fit |
| Sell edgeX live order book, 4 min ago | 0.29 bp | 4.9 bp −$5 | 6.6 bp −$66 | 29.4 bp −$2,940 | 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 MUUSDCshort | −0.0949% | 4h | 1,048.4 | −0.064% | $1.3M | $671K | 10x | |
| Nado MU-PERP | −0.0006% | 1h | 1,049 | −0.011% | $274K | $858K | 10x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,049.5 | +0.040% | $19.2M | $32.6M | 100x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.2 | +0.010% | $62.1M | $27.6M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.8 | −0.034% | $190K | $3.4M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,049.1 | −0.001% | $26K | $395K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,050.1 | +0.098% | $11K | $6.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,048.6 | −0.047% | $66K | $329K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.9 | −0.022% | $129K | $430K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,048.8 | −0.029% | $3K | $45K | 10x | as long as short |
Nado MU-PERP
Bybit MUUSDT
Gate MU_USDT
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MU | +0.0032% | 1h | 1,049.3 | +0.019% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.4 | +0.030% | $1.1M | $4.2M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048.7 | −0.044% | $567K | $1.2M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,049 | −0.015% | $7.5M | $20.0M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,048.9 | −0.022% | $71K | $237K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050 | +0.086% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,049.2 | +0.009% | $178.1M | $99.9M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.8 | −0.030% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,048.9 | −0.022% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.4 | −0.068% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0067% | 8h | 1,049.5 | +0.038% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAPlong | +0.0069% | 8h | 1,049.1 | long leg | $30.8M | $100.7M | 50x | |
| Pacifica MU | +0.0100% | 1h | 1,049.1 | 0.000% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.2 | +0.009% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,048.9 | −0.023% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.9 | −0.017% | $834 | $799 | 20x | as long as short |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.214% | $19K | $5K | 12x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0128% | 1h | 1,048.1 | −0.098% | $759K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,048.7 | −0.042% | $32K | $1K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0158% | 8h | 1,049 | −0.014% | $81K | $1.3M | 10x | as long as short |
| Aster MUUSD1 | +0.0197% | 8h | 1,049.4 | +0.023% | $21.6M | $50.1M | 20x | as long as short |
| Variational Omni MU | +0.0204% | 8h | 1,049.1 | −0.002% | $2.7M | $2.4M | — | as long as short |
| Binance MUUSDT | +0.0217% | 8h | 1,049.3 | +0.018% | $126.9M | $525.0M | 50x | as long as short |
| Bitget MUUSDT | +0.0269% | 8h | 1,049.4 | +0.023% | $20.3M | $41.9M | 50x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,049.2 | +0.009% | $537K | $273K | 15x | as long as short |
| BloFin MU-USDT | +0.0368% | 8h | 1,049.8 | +0.067% | $1.5M | $2.0M | 20x | as long as short |
| RISEx MU/USDC | +0.0507% | 1h | 1,049.3 | +0.022% | $333K | $348K | 20x | as long as short |
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Injective MU/USDC PERP
Coinbase International MU-PERP-INTX
Aevo MU-PERP
GRVT MU_USDT_Perp
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
Bitget MUUSDT
Phoenix MU
BloFin MU-USDT
RISEx MU/USDC