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: SunX against Orderly+0.112%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. SunX is 0.112% dearer against Orderly than usual: you sell high and buy low (spread +0.112% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MU_USDC_mythos | 1,050.9 | 0.0100 | pay 0.0100% / 8h | 7h 23m | $835 | $799 | 20x |
| Short | SunX MU-USDT | 1,052.1 | 0 | get 0.0000% / 8h | 7h 23m | $11K | $6.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Orderly. 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: +0.112% → 0.000%
- $11.23
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$23.77
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 6 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 6 min ago | 21.56 bp | 32.5 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0040% | 4h | 1,051.4 | +0.043% | $1.3M | $672K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.9 | −0.004% | $62.8M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.3 | −0.058% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDTshort | 0.0000% | 8h | 1,052.1 | +0.112% | $11K | $6.2M | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,050.4 | −0.050% | $129K | $424K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,050.5 | −0.044% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.9 | −0.005% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.040% | $19K | $5K | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,051 | +0.001% | $1.1M | $4.8M | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.3 | +0.030% | — | $179K | 25x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,050.3 | −0.061% | $171K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.5 | −0.138% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,050.4 | −0.054% | $7.7M | $22.0M | 10x | as long as short |
| Nado MU-PERP | +0.0085% | 1h | 1,049.9 | −0.103% | $274K | $858K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0091% | 8h | 1,050.2 | −0.074% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.3 | −0.057% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.3 | −0.065% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052 | +0.097% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythoslong | +0.0100% | 8h | 1,050.9 | long leg | $835 | $799 | 20x | |
| OKX MU-USDT-SWAP | +0.0105% | 8h | 1,051 | +0.010% | $30.9M | $101.8M | 50x | as long as short |
| SoDEX MU-USD | +0.0106% | 1h | 1,050.7 | −0.025% | $690K | $16K | 10x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,050.6 | −0.033% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,048.4 | −0.245% | $759K | $1.2M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0188% | 1h | 1,050.8 | −0.010% | $64K | $305K | 10x | as long as short |
| Bybit MUUSDT | +0.0199% | 8h | 1,051.2 | +0.029% | $19.5M | $32.6M | 100x | as long as short |
| Bullet MU-USD | +0.0217% | 1h | 1,051 | +0.006% | $26K | $395K | 10x | as long as short |
| Variational Omni MU | +0.0224% | 8h | 1,051.7 | +0.068% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0236% | 8h | 1,050 | −0.089% | $21.6M | $48.3M | 20x | as long as short |
| Binance MUUSDT | +0.0236% | 8h | 1,051.1 | +0.018% | $126.1M | $522.5M | 50x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,050.8 | −0.018% | $71K | $243K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0245% | 1h | 1,050.7 | −0.023% | $178.4M | $100.3M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,050.5 | −0.045% | $316K | $339K | 20x | as long as short |
| BloFin MU-USDT | +0.0356% | 8h | 1,051.1 | +0.015% | $1.5M | $2.0M | 20x | as long as short |
| Bitget MUUSDT | +0.0378% | 8h | 1,050.9 | −0.001% | $20.6M | $41.6M | 50x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,050.9 | −0.004% | $538K | $306K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0384% | 1h | 1,050 | −0.086% | $564K | $1.2M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0550% | 8h | 1,051.5 | +0.053% | $83K | $1.3M | 10x | as long as short |
SunX MU-USDT
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Lighter MU
Polymarket Perps MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
OKX MU-USDT-SWAP
SoDEX MU-USD
Coinbase International MU-PERP-INTX
Deribit MU_USDC-PERPETUAL
Bybit MUUSDT
Bullet MU-USD
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
tradeXYZ xyz:MU
RISEx MU/USDC
BloFin MU-USDT
Bitget MUUSDT
Phoenix MU
Extended MU_24_5-USD
GRVT MU_USDT_Perp