Funding you earn now, next payment 09:00 UTC−0.0080%/8h= −8.7% APRpaid last 24h −0.020%
Price spread now: Arcus against BloFin−0.074%7-day average −0.047% · 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−$28as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 4 days (all we have)−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.310%+$31 · spread now −0.074%, 7d avg −0.047%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MU-USDT | 1,025.7 | 0.0120 | pay 0.0120% / 8h | 7h 31m | $1.5M | $2.2M | 20x |
| Short | Arcus MU-USD | 1,024.9 | 0.0040 | get 0.0005% / 1h | 31m 12s | $89K | $244K | 10x |
BloFin MU-USDT
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against BloFin. 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
- −$16.74
- Price spread: −0.074% → −0.047%
- −$2.68
- Slippage, 4 orders
- −$8.61
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$44.53
- Costs to cover
- 0.251%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Arcus: live order book, 2 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 BloFin live order book, 2 min ago | 0.05 bp | 6.4 bp −$6 | 6.9 bp −$69 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 2 min ago | 1.17 bp | 9.0 bp −$9 | 9.5 bp −$95 | 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 | −0.0820% | 4h | 1,027.6 | +0.190% | $1.3M | $696K | 10x | as long as short |
| Bitget MUUSDT | −0.0044% | 8h | 1,025.2 | −0.045% | $19.7M | $40.5M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,025.4 | −0.026% | $20.9M | $69.0M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,024.8 | −0.087% | $121.4M | $546.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,025.1 | −0.052% | $18.5M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,025.5 | −0.019% | $29.3M | $101.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,025.6 | −0.006% | $308K | $373K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,025.1 | −0.056% | $61.8M | $28.1M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,028.1 | +0.236% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,028.5 | +0.281% | $72K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
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 | 1,026.3 | +0.062% | $186K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,026.2 | +0.058% | $11K | $5.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,025.2 | −0.044% | $119K | $491K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,024.9 | −0.074% | $6.9M | $18.9M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0027% | 1h | 1,027.2 | +0.151% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,025.1 | −0.051% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,024.6 | −0.100% | $541K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.507% | $19K | $5K | 12x | as long as short |
| Arcus MU-USDshort | +0.0040% | 1h | 1,024.9 | −0.074% | $89K | $244K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,025.1 | −0.056% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,024.6 | −0.102% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,025.2 | −0.042% | $673K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,024.2 | −0.139% | $1.9M | $3.0M | 10x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,025.2 | −0.043% | $969K | $5.0M | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,025.1 | −0.050% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,024.7 | −0.093% | $31K | $1K | 10x | as long as short |
| Nado MU-PERP | +0.0081% | 1h | 1,024.9 | −0.073% | $264K | $815K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0082% | 1h | 1,024.8 | −0.083% | $173.4M | $80.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,029.2 | +0.346% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,024.8 | −0.079% | $145K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,024.8 | −0.088% | $5.1M | $4.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,027.7 | +0.204% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,025.9 | +0.020% | $816 | $799 | 20x | as long as short |
| Bullet MU-USD | +0.0103% | 1h | 1,025.6 | −0.005% | $25K | $388K | 10x | as long as short |
| BloFin MU-USDTlong | +0.0120% | 8h | 1,025.7 | long leg | $1.5M | $2.2M | 20x | |
| Phoenix MU | +0.0231% | 1h | 1,027.6 | +0.190% | $526K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0365% | 1h | 1,025.1 | −0.053% | $72K | $629K | 10x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
QFEX MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Lighter MU
Paradex MU-USD-PERP
Aevo MU-PERP
Nado MU-PERP
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bullet MU-USD
Phoenix MU
Deribit MU_USDC-PERPETUAL