MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%

Price spread now: OKX against Paradex+0.031%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. OKX is 0.031% dearer against Paradex than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MU-USD-PERP	1,043.1	0.0050	pay 0.0050% / 8h	3h 04m	$2K	—	5x
Short	OKX MU-USDT-SWAP	1,043.5	0	get 0.0000% / 8h	3h 04m	$30.7M	$99.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Paradex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ParadexbpFee OKXbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$10.56
Price spread: +0.031% → 0.000%: $3.14
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: −$21.42
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; OKX: live order book, 5 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 Paradex no order-book sample	—	—	—	—	—
Sell OKX live order book, 5 min ago	0.05 bp	5.0 bp −$5	5.6 bp −$56	19.9 bp −$1,994	doesn't fit

Paradex: 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	−0.0615%	4h	1,042.3	−0.076%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,043.6	+0.045%	$21.2M	$57.0M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,043.3	+0.021%	$123.3M	$525.4M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,043.3	+0.019%	$18.6M	$31.9M	100x	as long as short
OKX MU-USDT-SWAPshort	0.0000%	8h	1,043.5	+0.031%	$30.7M	$99.8M	50x
RISEx MU/USDC	0.0000%	1h	1,043.2	+0.009%	$337K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.3	+0.011%	$62.0M	$28.1M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,043.6	+0.040%	$20.5M	$41.7M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,043.3	+0.016%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,042.5	−0.063%	$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	1,043.2	+0.006%	$189K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,044.9	+0.165%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,043	−0.017%	$130K	$435K	50x	as long as short
Aftermath Perps MUUSD	+0.0023%	1h	1,042.5	−0.057%	$3K	$44K	10x	as long as short
Nado MU-PERP	+0.0031%	1h	1,042.8	−0.035%	$281K	$823K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,042.9	−0.023%	$7.0M	$18.0M	10x	as long as short
Lighter MU	+0.0032%	1h	1,043.1	+0.001%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.1	−0.004%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,042.6	−0.051%	$553K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.789%	$19K	$5K	12x	as long as short
Bullet MU-USD	+0.0038%	1h	1,043.3	+0.016%	$26K	$392K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,042.7	−0.045%	$70K	$232K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,043.3	+0.013%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,042.9	−0.022%	$177.4M	$94.9M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,042.9	−0.022%	$169K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,043.2	+0.005%	$685K	$16K	10x	as long as short
Paradex MU-USD-PERPlong	+0.0050%	8h	1,043.1	long leg	$2K	—	5x
Ondo Perps MU-USD.P	+0.0050%	1h	1,042	−0.106%	$1.9M	$2.3M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,042.8	−0.028%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,043	−0.014%	$147K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043	−0.012%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,042.3	−0.082%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.3	+0.017%	$829	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,044.6	+0.141%	$749K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,042.9	−0.021%	$1.5M	$2.0M	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0143%	1h	1,043.2	+0.007%	$73K	$492K	10x	as long as short
Phoenix MU	+0.0305%	1h	1,043.1	−0.003%	$534K	$271K	15x	as long as short