Funding you earn now, next payment 02:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Arcus against Deribit−0.018%7-day average −0.018% · 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−$47as in the Price arb table
costs, in and out, $10k−$470.469% of the position
Funding, last 3 days (all we have)+0.090%+$9 on $10k
+Price spread, last 3 days (all we have)+0.052%+$5 · spread now −0.018%, 7d avg −0.018%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MU_USDC-PERPETUAL | 1,049.7 | 0.0045 | pay 0.0006% / 1h | 4m 43s | $66K | $347K | 10x |
| Short | Arcus MU-USD | 1,049.5 | 0.0040 | get 0.0005% / 1h | 4m 43s | $71K | $236K | 10x |
Deribit MU_USDC-PERPETUAL
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Deribit. 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
- −$1.08
- Price spread: −0.018% → −0.018%
- −$0.01
- Slippage, 4 orders
- −$35.44
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$48.03
- Costs to cover
- 0.469%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 64 min ago; Arcus: live order book, 64 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 Deribit live order book, 64 min ago | 3.09 bp | 12.8 bp −$13 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 64 min ago | 3.66 bp | 10.2 bp −$10 | 12.6 bp −$126 | doesn't fit | doesn't fit |
MU on 36 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 | −0.0984% | 4h | 1,049.3 | −0.033% | $1.3M | $671K | 10x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,050.3 | +0.055% | $19.2M | $32.6M | 100x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.1 | +0.035% | $62.1M | $27.8M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,049.1 | −0.051% | $190K | $3.4M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,050 | +0.030% | $25K | $394K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,051.5 | +0.169% | $11K | $6.0M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,049.8 | +0.013% | $129K | $426K | 50x | as long as short |
| Nado MU-PERP | +0.0004% | 1h | 1,049.5 | −0.014% | $278K | $854K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0013% | 8h | 1,048.9 | −0.077% | $80K | $1.3M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,049.1 | −0.056% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
Bybit MUUSDT
Gate MU_USDT
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
HTX MU-USDT
Nado MU-PERP
GRVT MU_USDT_Perp
Aftermath Perps MUUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MU | +0.0032% | 1h | 1,049.9 | +0.022% | $1.2M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.9 | +0.018% | $1.2M | $4.2M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,049.3 | −0.034% | $564K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,050 | +0.027% | $7.3M | $18.9M | 10x | as long as short |
| Arcus MU-USDshort | +0.0040% | 1h | 1,049.5 | −0.018% | $71K | $236K | 10x | |
| OKX MU-USDT-SWAP | +0.0040% | 8h | 1,050.2 | +0.050% | $30.8M | $100.2M | 50x | as long as short |
| Deribit MU_USDC-PERPETUALlong | +0.0045% | 1h | 1,049.7 | long leg | $66K | $347K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.7 | +0.099% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,049.9 | +0.021% | $178.2M | $99.4M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.8 | +0.011% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,049.8 | +0.012% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.4 | −0.030% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0059% | 8h | 1,050 | +0.034% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,049.8 | +0.007% | $148K | $187K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.9 | +0.021% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050 | +0.030% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,049.9 | +0.025% | $835 | $799 | 20x | as long as short |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.160% | $19K | $5K | 12x | as long as short |
| Aster MUUSD1 | +0.0125% | 8h | 1,049.8 | +0.016% | $21.6M | $51.7M | 20x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,049.6 | −0.005% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0128% | 1h | 1,048.1 | −0.155% | $755K | $1.2M | 10x | as long as short |
| Variational Omni MU | +0.0154% | 8h | 1,049.9 | +0.024% | $2.7M | $2.4M | — | as long as short |
| Binance MUUSDT | +0.0173% | 8h | 1,050.3 | +0.055% | $126.6M | $522.1M | 50x | as long as short |
| Bitget MUUSDT | +0.0182% | 8h | 1,050 | +0.032% | $20.6M | $41.3M | 50x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,049.7 | +0.002% | $537K | $273K | 15x | as long as short |
| RISEx MU/USDC | +0.0507% | 1h | 1,050.3 | +0.055% | $334K | $349K | 20x | as long as short |
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
OKX MU-USDT-SWAP
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Injective MU/USDC PERP
Aster MUUSD1
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Variational Omni MU
Binance MUUSDT
Bitget MUUSDT
Phoenix MU
RISEx MU/USDC