Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.021%
Price spread now: KuCoin against OKX−0.026%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.026%, 7d avg −0.040%
=The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MU-USDT-SWAP | 1,045.7 | 0 | get 0.0000% / 8h | 3h 37m | $31.1M | $99.7M | 50x |
| Short | KuCoin MUUSDTM | 1,045.4 | 0.0100 | get 0.0100% / 8h | 3h 37m | $5.2M | $3.4M | 20x |
OKX MU-USDT-SWAP
KuCoin MUUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.026% → −0.040%
- $1.37
- Slippage, 4 orders
- −$18.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$17.93
- Costs to cover
- 0.403%
- Break-even
- 13.0 days
Slippage from OKX: live order book, 1 min ago; KuCoin: 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 OKX live order book, 1 min ago | 0.05 bp | 5.3 bp −$5 | 7.5 bp −$75 | 23.9 bp −$2,394 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.10 bp | 14.8 bp −$15 | 28.3 bp −$283 | doesn't fit | 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 MUUSDC | −0.0636% | 4h | 1,045.9 | +0.023% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,045.8 | +0.014% | $21.2M | $56.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,045.8 | +0.014% | $125.0M | $518.8M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,046 | +0.030% | $18.8M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAPlong | 0.0000% | 8h | 1,045.7 | long leg | $31.1M | $99.7M | 50x | |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.8 | +0.011% | $338K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.5 | −0.021% | $62.1M | $27.7M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,045.7 | +0.003% | $20.4M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,047.2 | +0.146% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,045.8 | +0.009% | $81K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,045.5 | −0.023% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.5 | +0.079% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.5 | −0.021% | $130K | $432K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,046.6 | +0.092% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045.6 | −0.012% | $7.0M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,045.5 | −0.015% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.6 | −0.013% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,045 | −0.064% | $550K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.542% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,046.1 | +0.042% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.3 | +0.060% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,045.3 | −0.037% | $177.1M | $96.4M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.6 | −0.009% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,045.6 | −0.005% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045 | −0.071% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,045.7 | +0.004% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0053% | 1h | 1,045.3 | −0.038% | $281K | $828K | 10x | as long as short |
| Bullet MU-USD | +0.0064% | 1h | 1,046 | +0.026% | $25K | $394K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0075% | 1h | 1,045.7 | −0.002% | $73K | $468K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,045.4 | −0.026% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.6 | −0.012% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTMshort | +0.0100% | 8h | 1,045.4 | −0.026% | $5.2M | $3.4M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.4 | −0.028% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.7 | +0.005% | $831 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0119% | 8h | 1,046.1 | +0.034% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.415% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,048.1 | +0.230% | $536K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
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
Nado MU-PERP
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
Aevo MU-PERP
Pacifica MU
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU