MU

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.16 per $10,000 · paid last 24h −0.015%

Price spread now: Arcus against ApeX Omni−0.019%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$570.572% of the position

Long on ApeX Omni Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.053%+$5 on $10k

Price spread, last 3 days (all we have)+0.048%+$5 · spread now −0.019%, 7d avg −0.042%

Together, before fees+0.100%+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Arcus is 0.023% dearer against ApeX Omni than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MUUSDT	1,042.8	0.0100	pay 0.0013% / 1h	3m 08s	$71K	$267K	50x
Short	Arcus MU-USD	1,042.6	0.0226	get 0.0028% / 1h	3m 08s	$63K	$230K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against ApeX Omni. 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 ApeX OmnibpFee ArcusbpOrdersPrice spread, now −0.019%Rate

Funding earned: $26.48
Price spread: −0.019% → −0.042%: $2.3
Slippage, 4 orders: −$42.72
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$28.44
Costs to cover: 0.572%
Break-even: 14.5 days

Slippage from ApeX Omni: live order book, 19 min ago; Arcus: live order book, 20 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 ApeX Omni live order book, 19 min ago	8.67 bp	20.5 bp −$20	186.1 bp −$1,861	doesn't fit	doesn't fit
Sell Arcus live order book, 20 min ago	3.02 bp	8.7 bp −$9	9.6 bp −$96	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	−0.0192%	4h	1,042.7	−0.008%	$1.3M	$673K	10x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,042.6	−0.015%	$30.7M	$104.3M	50x	as long as short
Gate MU_USDT	0.0000%	8h	1,042.6	−0.014%	$62.9M	$29.2M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,042.6	−0.015%	$188K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,044.6	+0.175%	$11K	$6.7M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,042.8	+0.004%	$60K	$236K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,042.5	−0.026%	$125K	$441K	50x	as long as short
Aster MUUSD1	+0.0004%	8h	1,043.1	+0.031%	$21.5M	$46.4M	20x	as long as short
Aftermath Perps MUUSD	+0.0029%	1h	1,042.6	−0.015%	$3K	$44K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,042.7	−0.012%	$1.1M	$4.3M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.760%	$14K	$302	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,042.5	−0.029%	—	$193K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,042.5	−0.028%	$165K	$180K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,042.6	−0.014%	$684K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,041.7	−0.104%	$2.0M	$2.6M	10x	as long as short
QFEX MU-USD	+0.0057%	1h	1,042.9	+0.006%	$7.8M	$24.1M	10x	as long as short
Bitget MUUSDT	+0.0074%	8h	1,042.7	−0.013%	$20.4M	$42.9M	50x	as long as short
Variational Omni MU	+0.0087%	8h	1,042.7	−0.009%	$2.7M	$2.7M	—	as long as short
Pacifica MU	+0.0100%	1h	1,042	−0.076%	$153K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,042.6	−0.018%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDTlong	+0.0100%	1h	1,042.8	long leg	$71K	$267K	50x
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,042.8	−0.003%	$829	$799	20x	as long as short
Binance MUUSDT	+0.0111%	8h	1,042.9	+0.009%	$124.7M	$540.4M	50x	as long as short
Paradex MU-USD-PERP	+0.0112%	8h	1,042.7	−0.005%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0112%	1h	1,042.5	−0.029%	$33K	—	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0152%	1h	1,043.8	+0.099%	$756K	$1.4M	10x	as long as short
Lighter MU	+0.0176%	1h	1,042.6	−0.017%	$998K	$4.8M	20x	as long as short
GRVT MU_USDT_Perp	+0.0178%	8h	1,042.9	+0.010%	$82K	$1.4M	10x	as long as short
Nado MU-PERP	+0.0189%	1h	1,042.5	−0.030%	$307K	$845K	10x	as long as short
Bybit MUUSDT	+0.0190%	8h	1,042.9	+0.006%	$19.1M	$32.5M	100x	as long as short
RISEx MU/USDC	+0.0202%	1h	1,043	+0.020%	$285K	$333K	20x	as long as short
tradeXYZ xyz:MU	+0.0209%	1h	1,042.5	−0.028%	$176.2M	$107.3M	10x	as long as short
Arcus MU-USDshort	+0.0226%	1h	1,042.6	−0.019%	$63K	$230K	10x
Bullet MU-USD	+0.0228%	1h	1,042.7	−0.005%	$25K	$400K	10x	as long as short
Phoenix MU	+0.0230%	1h	1,043	+0.020%	$533K	$303K	15x	as long as short
BloFin MU-USDT	+0.0231%	8h	1,042.8	+0.003%	$1.5M	$2.1M	20x	as long as short
Extended MU_24_5-USD	+0.0656%	1h	1,042.1	−0.063%	$540K	$1.1M	10x	as long as short