Funding you earn now, next payment 23:00 UTC−0.0131%/8h= −14.3% APRpaid last 24h +0.010%
Price spread now: Pacifica against Bybit−0.067%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$310.313% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.067%, 7d avg −0.032%
=Together, before fees+0.075%+ Points / potential airdropPacifica: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Pacifica is 0.035% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.032%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.053%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUUSDT | 1,044.2 | 0.0231 | pay 0.0231% / 8h | 1h 30m | $19.1M | $32.6M | 100x |
| Short | Pacifica MU | 1,043.5 | 0.0100 | get 0.0013% / 1h | 30m 09s | $154K | $182K | 10x |
Bybit MUUSDT
Pacifica MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Bybit. 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
- −$27.5
- Price spread: −0.067% → −0.032%
- −$3.48
- Slippage, 4 orders
- −$12.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$62.25
- Costs to cover
- 0.313%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Pacifica: live order book, 53 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 Bybit live order book, 4 min ago | 0.05 bp | 6.0 bp −$6 | 8.2 bp −$82 | 26.7 bp −$2,673 | doesn't fit |
| Sell Pacifica live order book, 53 min ago | 3.45 bp | 8.8 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 | −0.0683% | 4h | 1,044.2 | −0.003% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.9 | −0.035% | $62.9M | $29.0M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,043.1 | −0.108% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.3 | +0.201% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.8 | −0.039% | $125K | $441K | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.0023% | 8h | 1,043.9 | −0.028% | $30.8M | $104.8M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0030% | 1h | 1,043.7 | −0.050% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.7 | −0.052% | $1.2M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.621% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043.5 | −0.069% | — | $194K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
OKX MU-USDT-SWAP
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.8 | −0.041% | $165K | $184K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.9 | −0.034% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.8 | −0.135% | $2.0M | $2.7M | 10x | as long as short |
| Aster MUUSD1 | +0.0067% | 8h | 1,044.4 | +0.017% | $21.5M | $47.4M | 20x | as long as short |
| QFEX MU-USD | +0.0071% | 1h | 1,043.9 | −0.032% | $7.8M | $24.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0093% | 8h | 1,044 | −0.026% | $20.4M | $43.0M | 50x | as long as short |
| Pacifica MUshort | +0.0100% | 1h | 1,043.5 | −0.067% | $154K | $182K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.1 | −0.108% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.5 | −0.074% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,044.1 | −0.017% | $830 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,043.7 | −0.050% | $33K | — | 10x | as long as short |
| Variational Omni MU | +0.0129% | 8h | 1,043.8 | −0.039% | $2.6M | $2.7M | — | as long as short |
| Paradex MU-USD-PERP | +0.0130% | 8h | 1,043.8 | −0.042% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0147% | 8h | 1,044.1 | −0.013% | $124.9M | $536.2M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.9 | −0.034% | $756K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0192% | 1h | 1,043.8 | −0.040% | $1.0M | $4.8M | 20x | as long as short |
| Nado MU-PERP | +0.0204% | 1h | 1,043 | −0.119% | $282K | $858K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0205% | 8h | 1,044.4 | +0.016% | $82K | $1.4M | 10x | as long as short |
| Bybit MUUSDTlong | +0.0231% | 8h | 1,044.2 | long leg | $19.1M | $32.6M | 100x | |
| BloFin MU-USDT | +0.0266% | 8h | 1,044 | −0.020% | $1.4M | $2.0M | 20x | as long as short |
| Bullet MU-USD | +0.0266% | 1h | 1,044 | −0.022% | $25K | $397K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0339% | 1h | 1,043.8 | −0.041% | $176.4M | $107.0M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044.6 | +0.035% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.4 | −0.078% | $73K | $241K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0450% | 1h | 1,043.6 | −0.057% | $61K | $246K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,044.3 | +0.008% | $285K | $333K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0640% | 1h | 1,042.9 | −0.130% | $541K | $1.1M | 10x | as long as short |
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Aster MUUSD1
QFEX MU-USD
Bitget MUUSDT
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Variational Omni MU
Paradex MU-USD-PERP
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
Nado MU-PERP
GRVT MU_USDT_Perp
BloFin MU-USDT
Bullet MU-USD
tradeXYZ xyz:MU
Phoenix MU
Arcus MU-USD
Deribit MU_USDC-PERPETUAL
RISEx MU/USDC
Extended MU_24_5-USD