Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.017%
Price spread now: Orderly against QFEX−0.016%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MU-USD | 1,045.6 | 0.0080 | pay 0.0010% / 1h | 36m 23s | $7.8M | $23.9M | 10x |
| Short | Orderly PERP_MU_USDC_mythos | 1,045.5 | 0.0100 | get 0.0100% / 8h | 36m 23s | $831 | $799 | 20x |
QFEX MU-USD
Orderly PERP_MU_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against QFEX. 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
- $4.2
- Price spread: −0.016% → 0.000%
- −$1.63
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.43
- Costs to cover
- 0.160%
- Break-even
- 29.4 days
Slippage unknown: QFEX: live order book, 8 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 QFEX live order book, 8 min ago | 1.86 bp | 6.9 bp −$7 | 7.4 bp −$74 | 10.2 bp −$1,019 | 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 | −0.0674% | 4h | 1,046 | +0.031% | $1.3M | $672K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.5 | −0.015% | $63.0M | $29.0M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.4 | −0.020% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.3 | +0.155% | $11K | $6.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.5 | −0.014% | $124K | $444K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.5 | −0.011% | $1.2M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.485% | $14K | $302 | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0034% | 1h | 1,045.5 | −0.011% | $3K | $45K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.8 | +0.017% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.1 | −0.052% | $166K | $197K | 10x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MU-USD | +0.0050% | 1h | 1,045.4 | −0.019% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.9 | −0.071% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USDlong | +0.0080% | 1h | 1,045.6 | long leg | $7.8M | $23.9M | 10x | |
| OKX MU-USDT-SWAP | +0.0081% | 8h | 1,045.4 | −0.019% | $30.8M | $105.2M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.4 | −0.026% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.5 | −0.018% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,046.3 | +0.063% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythosshort | +0.0100% | 8h | 1,045.5 | −0.016% | $831 | $799 | 20x | |
| Lighter MU | +0.0120% | 1h | 1,045.5 | −0.016% | $998K | $4.8M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0123% | 1h | 1,045.3 | −0.029% | $62K | $265K | 10x | as long as short |
| Bitget MUUSDT | +0.0133% | 8h | 1,045.5 | −0.016% | $20.5M | $43.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,045.3 | −0.028% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0139% | 8h | 1,045.6 | −0.002% | $2K | — | 5x | as long as short |
| Aster MUUSD1 | +0.0173% | 8h | 1,046.2 | +0.054% | $21.6M | $47.3M | 20x | as long as short |
| Bullet MU-USD | +0.0179% | 1h | 1,045.5 | −0.017% | $25K | $394K | 10x | as long as short |
| Variational Omni MU | +0.0200% | 8h | 1,045.6 | −0.001% | $2.7M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0210% | 8h | 1,045.5 | −0.013% | $124.6M | $533.2M | 50x | as long as short |
| Nado MU-PERP | +0.0217% | 1h | 1,045 | −0.058% | $270K | $876K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,045.5 | −0.016% | $757K | $1.3M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0255% | 8h | 1,046.3 | +0.066% | $82K | $1.4M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0258% | 1h | 1,045.4 | −0.023% | $176.7M | $105.0M | 10x | as long as short |
| Bybit MUUSDT | +0.0281% | 8h | 1,045.6 | −0.007% | $19.2M | $32.6M | 100x | as long as short |
| BloFin MU-USDT | +0.0332% | 8h | 1,045.7 | +0.010% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,045.9 | +0.025% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.3 | −0.029% | $74K | $240K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,046 | +0.038% | $316K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0616% | 1h | 1,045 | −0.061% | $542K | $1.1M | 10x | as long as short |
SoDEX MU-USD
Ondo Perps MU-USD.P
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Lighter MU
Deribit MU_USDC-PERPETUAL
Bitget MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Aster MUUSD1
Bullet MU-USD
Variational Omni MU
Binance MUUSDT
Nado MU-PERP
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
tradeXYZ xyz:MU
Bybit MUUSDT
BloFin MU-USDT
Phoenix MU
Arcus MU-USD
RISEx MU/USDC
Extended MU_24_5-USD