Funding you earn now, next payment 00:00 UTC+0.0126%/8h= +13.8% APRpaid last 24h −0.016%
Price spread now: GRVT against ApeX Omni−0.059%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now −0.059%, 7d avg +0.007%
=Together, before fees+0.044%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.066% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.007%). If the spread goes back, that is −$7 on $10k: about 42 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MUUSDT | 1,045.9 | 0.0100 | pay 0.0013% / 1h | 21m 51s | $71K | $266K | 50x |
| Short | GRVT MU_USDT_Perp | 1,045.3 | 0.0226 | get 0.0226% / 8h | 21m 51s | $82K | $1.4M | 10x |
ApeX Omni MUUSDT
GRVT MU_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $26.46
- Price spread: −0.059% → +0.007%
- −$6.61
- Slippage, 4 orders
- −$30.95
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$30.1
- Costs to cover
- 0.500%
- Break-even
- 15.0 days
Slippage from ApeX Omni: live order book, 55 min ago; GRVT: live order book, 1 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, 55 min ago | 7.38 bp | 19.5 bp −$20 | 180.5 bp −$1,805 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 0.67 bp | 5.2 bp −$5 | 8.0 bp −$80 | 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 | −0.0561% | 4h | 1,045.3 | −0.052% | $1.3M | $672K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.7 | −0.020% | $63.0M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.2 | −0.063% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.4 | +0.143% | $12K | $6.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.5 | −0.033% | $129K | $455K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0030% | 1h | 1,045.2 | −0.066% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.6 | −0.026% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.462% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.8 | −0.006% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.4 | −0.046% | $169K | $193K | 10x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MU-USD | +0.0050% | 1h | 1,045.7 | −0.016% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.6 | −0.125% | $2.0M | $2.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0074% | 8h | 1,045.8 | −0.006% | $30.8M | $105.0M | 50x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,045.6 | −0.025% | $1.0M | $4.9M | 20x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,045.4 | −0.050% | $7.9M | $23.9M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.5 | −0.039% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.4 | −0.044% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDTlong | +0.0100% | 1h | 1,045.9 | long leg | $71K | $266K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.6 | −0.024% | $831 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0115% | 8h | 1,045.5 | −0.038% | $2K | — | 5x | as long as short |
| Bitget MUUSDT | +0.0118% | 8h | 1,045.9 | +0.002% | $20.5M | $43.5M | 50x | as long as short |
| Bullet MU-USD | +0.0118% | 1h | 1,045.9 | +0.004% | $25K | $394K | 10x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.5 | −0.035% | $33K | — | 10x | as long as short |
| Aster MUUSD1 | +0.0161% | 8h | 1,045.9 | −0.001% | $21.5M | $47.3M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0161% | 1h | 1,045.6 | −0.032% | $62K | $275K | 10x | as long as short |
| Nado MU-PERP | +0.0163% | 1h | 1,045.2 | −0.065% | $271K | $875K | 10x | as long as short |
| Variational Omni MU | +0.0183% | 8h | 1,045.3 | −0.058% | $2.7M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0189% | 8h | 1,046 | +0.008% | $124.4M | $532.7M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0201% | 1h | 1,045.5 | −0.036% | $176.7M | $104.5M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | −0.092% | $757K | $1.3M | 10x | as long as short |
| GRVT MU_USDT_Perpshort | +0.0226% | 8h | 1,045.3 | −0.059% | $82K | $1.4M | 10x | |
| Bybit MUUSDT | +0.0267% | 8h | 1,045.9 | +0.002% | $19.2M | $32.4M | 100x | as long as short |
| BloFin MU-USDT | +0.0310% | 8h | 1,045.5 | −0.040% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0384% | 1h | 1,045 | −0.081% | $541K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,046.1 | +0.021% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.3 | −0.060% | $70K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,045.9 | 0.000% | $316K | $339K | 20x | as long as short |
SoDEX MU-USD
Ondo Perps MU-USD.P
OKX MU-USDT-SWAP
Lighter MU
QFEX MU-USD
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
Paradex MU-USD-PERP
Bitget MUUSDT
Bullet MU-USD
Aevo MU-PERP
Aster MUUSD1
Deribit MU_USDC-PERPETUAL
Nado MU-PERP
Variational Omni MU
Binance MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Bybit MUUSDT
BloFin MU-USDT
Extended MU_24_5-USD
Phoenix MU
Arcus MU-USD
RISEx MU/USDC