Funding you earn now, next payment 05:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h +0.016%
Price spread now: Extended against ApeX Omni−0.093%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.093%, 7d avg −0.042%
=Together, before fees+0.027%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.050% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MUUSDT | 1,045.8 | 0.0100 | pay 0.0013% / 1h | 25m 06s | $71K | $269K | 50x |
| Short | Extended MU_24_5-USD | 1,044.8 | 0.0032 | get 0.0004% / 1h | 25m 06s | $549K | $1.1M | 10x |
ApeX Omni MUUSDT
Extended MU_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$14.28
- Price spread: −0.093% → −0.042%
- −$5.04
- Slippage, 4 orders
- −$34.65
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$68.97
- Costs to cover
- 0.497%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; Extended: 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, 27 min ago | 8.58 bp | 21.3 bp −$21 | 200.1 bp −$2,001 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.05 bp | 2.8 bp −$3 | 9.1 bp −$91 | 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 | −0.0396% | 4h | 1,046.6 | +0.073% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,045.8 | +0.003% | $21.3M | $56.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,045.3 | −0.053% | $124.4M | $521.2M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,045.2 | −0.055% | $18.7M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,044.8 | −0.095% | $31.0M | $99.3M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.6 | −0.024% | $338K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.2 | −0.058% | $62.1M | $27.8M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,045.5 | −0.032% | $20.5M | $41.5M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,045.4 | −0.035% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,046.9 | +0.100% | $79K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,045.6 | −0.019% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.9 | +0.004% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,045.1 | −0.069% | $73K | $475K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.1 | −0.071% | $130K | $432K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,045.7 | −0.009% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045.2 | −0.055% | $7.0M | $17.9M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,045.4 | −0.042% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.3 | −0.049% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USDshort | +0.0032% | 1h | 1,044.8 | −0.093% | $549K | $1.1M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.531% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,045.9 | +0.004% | $71K | $233K | 10x | as long as short |
| Nado MU-PERP | +0.0041% | 1h | 1,045.1 | −0.070% | $281K | $828K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.1 | +0.025% | — | $176K | 25x | as long as short |
| Bullet MU-USD | +0.0048% | 1h | 1,045.4 | −0.038% | $25K | $394K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,045 | −0.077% | $176.9M | $96.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.1 | −0.068% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,045.3 | −0.054% | $686K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,045.4 | −0.037% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045.9 | +0.009% | $1.9M | $2.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,044.9 | −0.087% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.4 | −0.039% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.4 | −0.038% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDTlong | +0.0100% | 1h | 1,045.8 | long leg | $71K | $269K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.5 | −0.029% | $831 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,045.6 | −0.025% | $752K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,045.5 | −0.033% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,045.9 | +0.009% | $535K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
Nado MU-PERP
Vest MU-USD-PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Ondo Perps MU-USD.P
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU