Funding you earn now, next payment 01:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.014%
Price spread now: Deribit against ApeX Omni+0.099%74s7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.667% of the position
Funding, last 4 days (all we have)−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)−0.156%−$16 · spread now +0.099%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.122% dearer against ApeX Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.023%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 29m 36s | $71K | $267K | 50x |
| Short | Deribit MU_USDC-PERPETUAL | 1,049.9 | 0.0198 | get 0.0025% / 1h | 29m 36s | $64K | $303K | 10x |
ApeX Omni MUUSDT
Deribit MU_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $20.55
- Price spread: +0.099% → −0.023%
- $12.24
- Slippage, 4 orders
- −$49.66
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$33.88
- Costs to cover
- 0.667%
- Break-even
- 18.5 days
Slippage from ApeX Omni: live order book, 42 min ago; Deribit: live order book, 44 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 Deribit live order book, 44 min ago | 3.44 bp | 14.8 bp −$15 | 18.3 bp −$183 | 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 | −0.0922% | 4h | 1,049.6 | +0.074% | $1.3M | $674K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.5 | +0.163% | $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 | 1,050 | +0.108% | $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 | 1,050.3 | +0.142% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.2 | +0.133% | $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 | 1,049.4 | +0.053% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,050.5 | +0.156% | $7.8M | $22.5M | 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 | +0.0092% | 8h | 1,050.5 | +0.161% | $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 | +0.0100% | 8h | 1,050.8 | +0.188% | $30.9M | $102.0M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.6 | +0.170% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.7 | +0.080% | $5.3M | $3.5M | 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 |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,048.4 | −0.045% | $759K | $1.2M | 10x | as long as short |
| Bybit MUUSDT | +0.0194% | 8h | 1,050.9 | +0.195% | $19.4M | $32.7M | 100x | as long as short |
| Deribit MU_USDC-PERPETUALshort | +0.0198% | 1h | 1,049.9 | +0.099% | $64K | $303K | 10x | |
| Variational Omni MU | +0.0211% | 8h | 1,049.7 | +0.081% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0222% | 8h | 1,049.8 | +0.089% | $21.6M | $48.3M | 20x | as long as short |
| Binance MUUSDT | +0.0225% | 8h | 1,050.7 | +0.180% | $126.0M | $523.8M | 50x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,049.5 | +0.063% | $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 | +0.0278% | 1h | 1,050.1 | +0.121% | $178.1M | $101.2M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,050.8 | +0.187% | $316K | $339K | 20x | as long as short |
| Bitget MUUSDT | +0.0335% | 8h | 1,050.5 | +0.158% | $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 | 1,049.7 | +0.087% | $566K | $1.2M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0484% | 8h | 1,049.6 | +0.070% | $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
Coinbase International MU-PERP-INTX
Bybit MUUSDT
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