MU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.023%

Price spread now: SoDEX against Arcus−0.053%7-day average +0.020% · 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−$51as in the Price arb table

costs, in and out, $10k−$440.442% of the position

Long on Arcus Short on SoDEX

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 4 days (all we have)+0.019%+$2 · spread now −0.053%, 7d avg +0.020%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. SoDEX is 0.073% cheaper against Arcus than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.020%). If the spread goes back, that is −$7 on $10k: about 25 days of funding at the current rate ($0 a day). Mind the row above: over the last 3 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MU-USD	1,036.9	0.0040	pay 0.0005% / 1h	45m 55s	$70K	$230K	10x
Short	SoDEX MU-USD	1,036.4	0.0050	get 0.0006% / 1h	45m 55s	$680K	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Arcus. 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 ArcusbpFee SoDEXbpOrdersPrice spread, now −0.053%Rate

Funding earned: $2.04
Price spread: −0.053% → +0.020%: −$7.32
Slippage, 4 orders: −$31.68
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$49.46
Costs to cover: 0.442%
Break-even: 176.6 days

Slippage from Arcus: live order book, 62 min ago; SoDEX: live order book, 63 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 Arcus live order book, 62 min ago	3.74 bp	9.4 bp −$9	13.5 bp −$135	doesn't fit	doesn't fit
Sell SoDEX live order book, 63 min ago	0.05 bp	12.0 bp −$12	41.4 bp −$414	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	−0.0762%	4h	1,038.3	+0.132%	$1.3M	$673K	10x	as long as short
Bitget MUUSDT	−0.0121%	8h	1,036.9	0.000%	$20.2M	$41.4M	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,037	+0.004%	$21.1M	$57.6M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,036.6	−0.032%	$121.4M	$537.2M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,036.5	−0.038%	$18.5M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,036.7	−0.025%	$29.9M	$101.4M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,036.5	−0.041%	$315K	$384K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,036.4	−0.050%	$61.5M	$28.3M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,037.8	+0.082%	$2.5M	$2.6M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,037.8	+0.089%	$75K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,036.6	−0.030%	$187K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,037.7	+0.075%	$11K	$5.6M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,036.3	−0.061%	$74K	$548K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,036.3	−0.064%	$127K	$441K	50x	as long as short
Aftermath Perps MUUSD	+0.0018%	1h	1,037.2	+0.023%	$3K	$44K	10x	as long as short
Bullet MU-USD	+0.0021%	1h	1,036.5	−0.037%	$25K	$389K	10x	as long as short
Nado MU-PERP	+0.0026%	1h	1,036	−0.086%	$276K	$816K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,036.3	−0.059%	$1.2M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,036.3	−0.055%	$541K	$1.1M	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,036.1	−0.076%	$7.0M	$18.5M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.394%	$19K	$5K	12x	as long as short
Lighter MU	+0.0040%	1h	1,036.5	−0.042%	$1.1M	$4.9M	20x	as long as short
Arcus MU-USDlong	+0.0040%	1h	1,036.9	long leg	$70K	$230K	10x
Vest MU-USD-PERP	+0.0046%	1h	1,036.6	−0.030%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,036.2	−0.068%	$176.2M	$89.2M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,036.4	−0.049%	$168K	$196K	10x	as long as short
SoDEX MU-USDshort	+0.0050%	1h	1,036.4	−0.053%	$680K	$15K	10x
Ondo Perps MU-USD.P	+0.0050%	1h	1,035.6	−0.124%	$1.8M	$2.6M	10x	as long as short
Paradex MU-USD-PERP	+0.0053%	8h	1,036.3	−0.059%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,036.1	−0.081%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,036.1	−0.081%	$147K	$190K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,036.3	−0.057%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,037.4	+0.042%	$70K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,036.4	−0.054%	$824	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0104%	1h	1,037.6	+0.065%	$732K	$1.3M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,036.8	−0.012%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0231%	1h	1,037.7	+0.076%	$531K	$270K	15x	as long as short