Funding you earn now, next payment 01:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Pacifica against Aevo+0.125%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
=The price spread pays, funding is against you. Pacifica is 0.125% dearer against Aevo than usual: you sell high and buy low (spread +0.125% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MU-PERP | 1,045.4 | 0.0128 | pay 0.0016% / 1h | 57m 29s | $33K | — | 10x |
| Short | Pacifica MU | 1,046.7 | 0.0100 | get 0.0013% / 1h | 57m 29s | $153K | $180K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Aevo. 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
- −$5.88
- Price spread: +0.125% → 0.000%
- $12.5
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$17.38
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Pacifica: live order book, 15 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 15 min ago | 2.30 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
Aevo: 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 | −0.0299% | 4h | 1,044.8 | −0.052% | $1.3M | $671K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,046.9 | +0.150% | $63.1M | $28.3M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.1 | −0.023% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.5 | +0.205% | $11K | $6.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045 | −0.031% | $129K | $418K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0026% | 1h | 1,045 | −0.032% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,046.5 | +0.107% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.511% | $14K | $251 | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,046.8 | +0.140% | $1.0M | $4.7M | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,047.3 | +0.184% | — | $194K | 25x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.6 | −0.074% | $2.0M | $2.3M | 10x | as long as short |
| Nado MU-PERP | +0.0051% | 1h | 1,046.2 | +0.084% | $271K | $866K | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,047.1 | +0.165% | $7.9M | $23.7M | 10x | as long as short |
| Bybit MUUSDT | +0.0070% | 8h | 1,047.4 | +0.195% | $19.2M | $32.6M | 100x | as long as short |
| OKX MU-USDT-SWAP | +0.0075% | 8h | 1,047.3 | +0.185% | $30.9M | $102.0M | 50x | as long as short |
| Polymarket Perps MU-USD | +0.0082% | 1h | 1,045.4 | +0.003% | $169K | $203K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0085% | 1h | 1,045.6 | +0.018% | $62K | $291K | 10x | as long as short |
| Pacifica MUshort | +0.0100% | 1h | 1,046.7 | +0.125% | $153K | $180K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,046.4 | +0.095% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.8 | +0.044% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,046 | +0.058% | $832 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0102% | 8h | 1,047 | +0.156% | $2K | — | 5x | as long as short |
| Bitget MUUSDT | +0.0120% | 8h | 1,046.9 | +0.147% | $20.5M | $41.7M | 50x | as long as short |
| SoDEX MU-USD | +0.0123% | 1h | 1,045.5 | +0.016% | $686K | $16K | 10x | as long as short |
| Aevo MU-PERPlong | +0.0128% | 1h | 1,045.4 | long leg | $33K | — | 10x | |
| Variational Omni MU | +0.0166% | 8h | 1,045.6 | +0.023% | $2.7M | $2.5M | — | as long as short |
| Aster MUUSD1 | +0.0171% | 8h | 1,046.8 | +0.134% | $21.6M | $47.6M | 20x | as long as short |
| Binance MUUSDT | +0.0181% | 8h | 1,047.3 | +0.186% | $125.2M | $526.5M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,045.1 | −0.022% | $757K | $1.3M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0204% | 8h | 1,045.8 | +0.040% | $82K | $1.4M | 10x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,045.5 | +0.013% | $70K | $243K | 10x | as long as short |
| Bullet MU-USD | +0.0285% | 1h | 1,045.5 | +0.016% | $25K | $394K | 10x | as long as short |
| BloFin MU-USDT | +0.0303% | 8h | 1,045.5 | +0.008% | $1.5M | $2.0M | 20x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,047.3 | +0.188% | $315K | $337K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0344% | 1h | 1,044.4 | −0.097% | $550K | $1.0M | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,046 | +0.061% | $535K | $306K | 15x | as long as short |
| tradeXYZ xyz:MU | +0.0523% | 1h | 1,045.7 | +0.032% | $177.1M | $105.1M | 10x | as long as short |
Pacifica MU
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Lighter MU
Bybit MUUSDT
OKX MU-USDT-SWAP
Polymarket Perps MU-USD
Deribit MU_USDC-PERPETUAL
KuCoin MUUSDTM
ApeX Omni MUUSDT
Paradex MU-USD-PERP
Bitget MUUSDT
SoDEX MU-USD
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Bullet MU-USD
BloFin MU-USDT
RISEx MU/USDC
Extended MU_24_5-USD
Phoenix MU
tradeXYZ xyz:MU