Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.041%
Price spread now: Coinbase International against ApeX Omni−0.045%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 3 days (all we have)−0.036%−$4 · spread now −0.045%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MUUSDT | 1,048.8 | 0.0100 | pay 0.0013% / 1h | 30m 25s | $71K | $267K | 50x |
| Short | Coinbase International MU-PERP-INTX | 1,048.4 | 0.0184 | get 0.0023% / 1h | 30m 25s | $759K | $1.2M | 10x |
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $17.64
- Price spread: −0.045% → −0.037%
- −$0.76
- Slippage, 4 orders
- −$33.28
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$36.4
- Costs to cover
- 0.533%
- Break-even
- 21.4 days
Slippage from ApeX Omni: live order book, 42 min ago; Coinbase International: live order book, 3 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, 42 min ago | 7.41 bp | 17.9 bp −$18 | 186.7 bp −$1,867 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 2.77 bp | 7.8 bp −$8 | 7.8 bp −$78 | 60.4 bp −$6,037 | 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 | −0.0111% | 4h | 1,049.2 | +0.039% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.8 | +0.091% | $62.8M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.9 | +0.004% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,051.6 | +0.259% | $11K | $6.2M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,049.5 | +0.061% | $129K | $425K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,049.4 | +0.051% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,049.7 | +0.081% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.6 | +0.076% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.241% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.3 | +0.137% | — | $179K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.7 | +0.083% | $171K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.8 | −0.007% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,049.7 | +0.081% | $7.8M | $22.6M | 10x | as long as short |
| Nado MU-PERP | +0.0077% | 1h | 1,049.2 | +0.039% | $275K | $858K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0090% | 8h | 1,049.8 | +0.088% | $2K | — | 5x | as long as short |
| SoDEX MU-USD | +0.0092% | 1h | 1,050 | +0.110% | $689K | $16K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0098% | 8h | 1,050.2 | +0.128% | $30.9M | $102.0M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,049.9 | +0.106% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.5 | +0.060% | $5.3M | $3.6M | 20x | as long as short |
| ApeX Omni MUUSDTlong | +0.0100% | 1h | 1,048.8 | long leg | $71K | $267K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050 | +0.107% | $835 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,049.7 | +0.084% | $32K | $1K | 10x | as long as short |
| Bybit MUUSDT | +0.0180% | 8h | 1,050.3 | +0.138% | $19.2M | $32.5M | 100x | as long as short |
| Coinbase International MU-PERP-INTXshort | +0.0184% | 1h | 1,048.4 | −0.045% | $759K | $1.2M | 10x | |
| Deribit MU_USDC-PERPETUAL | +0.0198% | 1h | 1,049.9 | +0.099% | $64K | $303K | 10x | as long as short |
| Variational Omni MU | +0.0211% | 8h | 1,049.7 | +0.081% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0219% | 8h | 1,049.3 | +0.044% | $21.6M | $48.3M | 20x | as long as short |
| Binance MUUSDT | +0.0224% | 8h | 1,050.1 | +0.123% | $126.0M | $524.2M | 50x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,049.2 | +0.035% | $71K | $243K | 10x | as long as short |
| Bullet MU-USD | +0.0241% | 1h | 1,050.1 | +0.121% | $26K | $395K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0280% | 1h | 1,049.8 | +0.092% | $178.1M | $101.1M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,049.9 | +0.101% | $316K | $339K | 20x | as long as short |
| Bitget MUUSDT | +0.0331% | 8h | 1,050 | +0.115% | $20.6M | $41.6M | 50x | as long as short |
| BloFin MU-USDT | +0.0342% | 8h | 1,049.6 | +0.077% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,048.3 | −0.051% | $536K | $306K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0416% | 1h | 1,049.4 | +0.052% | $566K | $1.2M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0570% | 8h | 1,048.5 | −0.030% | $83K | $1.3M | 10x | as long as short |
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Nado MU-PERP
Paradex MU-USD-PERP
SoDEX MU-USD
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Bybit MUUSDT
Deribit MU_USDC-PERPETUAL
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Arcus MU-USD
Bullet MU-USD
tradeXYZ xyz:MU
RISEx MU/USDC
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU
Extended MU_24_5-USD
GRVT MU_USDT_Perp