MU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.10 per $10,000 · paid last 24h −0.002%

Price spread now: Pacifica against Bullet−0.036%7-day average −0.041% · 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−$31as in the Price arb table

costs, in and out, $10k−$320.320% of the position

Long on Bullet Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.098%−$10 on $10k

Price spread, last 3 days (all we have)0.000%$0 · spread now −0.036%, 7d avg −0.041%

Together, before fees−0.098%+ Points / potential airdropPacifica: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet MU-USD	1,051.5	0.0177	pay 0.0022% / 1h	6m 14s	$26K	$396K	10x
Short	Pacifica MU	1,051.1	0.0100	get 0.0013% / 1h	6m 14s	$149K	$186K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Bullet. 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 BulletbpFee PacificabpOrdersPrice spread, now −0.036%Rate

Funding earned: −$16.13
Price spread: −0.036% → −0.041%: $0.57
Slippage, 4 orders: −$16.04
Fee Bullet: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$47.59
Costs to cover: 0.320%
Break-even: never at this rate

Slippage from Bullet: live order book, 3 min ago; Pacifica: 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 Bullet live order book, 3 min ago	1.43 bp	7.1 bp −$7	21.0 bp −$210	doesn't fit	doesn't fit
Sell Pacifica live order book, 2 min ago	2.66 bp	9.0 bp −$9	doesn't fit	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	−0.0751%	4h	1,051.1	−0.036%	$1.3M	$671K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,051.2	−0.028%	$62.7M	$29.1M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,050.4	−0.103%	$190K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,052.3	+0.079%	$11K	$6.1M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,051.2	−0.026%	$130K	$424K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,051	−0.052%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,051.3	−0.016%	$1.2M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	−0.013%	$19K	$5K	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,052.1	+0.060%	—	$179K	25x	as long as short
Lighter MU	+0.0048%	1h	1,051.4	−0.010%	$1.1M	$4.8M	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps MU-USD	+0.0050%	1h	1,051	−0.048%	$171K	$203K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,050.8	−0.068%	$2.0M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,051.1	−0.038%	$7.6M	$21.2M	10x	as long as short
SoDEX MU-USD	+0.0063%	1h	1,051.5	−0.005%	$690K	$16K	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0064%	1h	1,051.3	−0.023%	$65K	$312K	10x	as long as short
Paradex MU-USD-PERP	+0.0085%	8h	1,051.2	−0.029%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0087%	1h	1,050.8	−0.070%	$274K	$857K	10x	as long as short
Pacifica MUshort	+0.0100%	1h	1,051.1	−0.036%	$149K	$186K	10x
KuCoin MUUSDTM	+0.0100%	8h	1,051.2	−0.027%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.6	−0.082%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,051.4	−0.012%	$836	$799	20x	as long as short
OKX MU-USDT-SWAP	+0.0108%	8h	1,051.5	+0.003%	$31.0M	$101.7M	50x	as long as short
Aevo MU-PERP	+0.0144%	1h	1,051.3	−0.015%	$32K	$1K	10x	as long as short
Bullet MU-USDlong	+0.0177%	1h	1,051.5	long leg	$26K	$396K	10x
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,050.5	−0.097%	$762K	$1.2M	10x	as long as short
Bybit MUUSDT	+0.0201%	8h	1,051.8	+0.027%	$19.4M	$32.6M	100x	as long as short
tradeXYZ xyz:MU	+0.0204%	1h	1,051.3	−0.019%	$178.5M	$100.1M	10x	as long as short
Arcus MU-USD	+0.0240%	1h	1,051.2	−0.032%	$71K	$242K	10x	as long as short
Variational Omni MU	+0.0256%	8h	1,051.6	+0.005%	$2.7M	$2.4M	—	as long as short
Aster MUUSD1	+0.0264%	8h	1,050.9	−0.059%	$21.6M	$48.4M	20x	as long as short
Binance MUUSDT	+0.0267%	8h	1,051.4	−0.006%	$126.4M	$521.4M	50x	as long as short
Extended MU_24_5-USD	+0.0304%	1h	1,050.6	−0.086%	$559K	$1.1M	10x	as long as short
RISEx MU/USDC	+0.0312%	1h	1,051.3	−0.022%	$316K	$339K	20x	as long as short
Phoenix MU	+0.0383%	1h	1,051.5	0.000%	$538K	$306K	15x	as long as short
BloFin MU-USDT	+0.0386%	8h	1,051.6	+0.008%	$1.5M	$2.0M	20x	as long as short
Bitget MUUSDT	+0.0417%	8h	1,051.5	−0.005%	$20.6M	$41.6M	50x	as long as short
GRVT MU_USDT_Perp	+0.0569%	8h	1,051.2	−0.029%	$83K	$1.3M	10x	as long as short