MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0173%/8h= +18.9% APRnext payment +$0.22 per $10,000 · paid last 24h +0.044%

Price spread now: RISEx against Deribit+0.062%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$360.356% of the position

Long on Deribit Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.007%−$1 on $10k

Price spread, last 3 days (all we have)+0.001%$0 · spread now +0.062%, 7d avg +0.032%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and RISEx is 0.029% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MU_USDC-PERPETUAL	1,046	0.0353	pay 0.0044% / 1h	44m 26s	$62K	$259K	10x
Short	RISEx MU/USDC	1,046.6	0.0525	get 0.0066% / 1h	44m 26s	$317K	$339K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Deribit. 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 DeribitbpFee RISExbpOrdersPrice spread, now +0.062%Rate

Funding earned: $36.29
Price spread: +0.062% → +0.032%: $2.93
Slippage, 4 orders: −$22.62
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $3.6
Costs to cover: 0.356%
Break-even: 6.3 days

Slippage from Deribit: live order book, 34 min ago; RISEx: live order book, 34 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, 34 min ago	0.05 bp	14.4 bp −$14	17.2 bp −$172	doesn't fit	doesn't fit
Sell RISEx live order book, 34 min ago	1.01 bp	4.0 bp −$4	5.4 bp −$54	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	−0.0477%	4h	1,045.5	−0.047%	$1.3M	$673K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,046.1	+0.016%	$63.1M	$29.0M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,045.5	−0.040%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,048.4	+0.232%	$11K	$6.6M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.8	−0.011%	$124K	$446K	50x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.8	−0.012%	$1.2M	$4.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.454%	$14K	$302	12x	as long as short
Aftermath Perps MUUSD	+0.0035%	1h	1,045.3	−0.060%	$3K	$45K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,046.2	+0.027%	—	$194K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,046	+0.004%	$166K	$197K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MU-USD.P	+0.0050%	1h	1,045.3	−0.063%	$2.0M	$2.7M	10x	as long as short
QFEX MU-USD	+0.0080%	1h	1,046	+0.001%	$7.9M	$24.0M	10x	as long as short
OKX MU-USDT-SWAP	+0.0081%	8h	1,046.3	+0.030%	$30.8M	$105.3M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,046	+0.004%	$153K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.6	−0.036%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,045.6	−0.034%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,046.4	+0.038%	$832	$799	20x	as long as short
SoDEX MU-USD	+0.0124%	1h	1,045.9	−0.011%	$686K	$16K	10x	as long as short
Bitget MUUSDT	+0.0136%	8h	1,046.1	+0.013%	$20.5M	$43.6M	50x	as long as short
Aevo MU-PERP	+0.0136%	1h	1,045.9	−0.005%	$33K	—	10x	as long as short
Paradex MU-USD-PERP	+0.0154%	8h	1,046	+0.008%	$2K	—	5x	as long as short
Aster MUUSD1	+0.0170%	8h	1,046.5	+0.053%	$21.6M	$47.3M	20x	as long as short
Lighter MU	+0.0184%	1h	1,045.8	−0.019%	$1.0M	$4.8M	20x	as long as short
Variational Omni MU	+0.0200%	8h	1,046.3	+0.032%	$2.6M	$2.5M	—	as long as short
Binance MUUSDT	+0.0212%	8h	1,046.2	+0.027%	$124.9M	$533.2M	50x	as long as short
Coinbase International MU-PERP-INTX	+0.0224%	1h	1,045.5	−0.046%	$757K	$1.4M	10x	as long as short
Bullet MU-USD	+0.0238%	1h	1,046.3	+0.030%	$25K	$395K	10x	as long as short
Nado MU-PERP	+0.0249%	1h	1,045.5	−0.048%	$270K	$876K	10x	as long as short
GRVT MU_USDT_Perp	+0.0253%	8h	1,045.7	−0.021%	$77K	$1.4M	10x	as long as short
Bybit MUUSDT	+0.0285%	8h	1,046.6	+0.057%	$19.2M	$32.6M	100x	as long as short
tradeXYZ xyz:MU	+0.0299%	1h	1,046.2	+0.023%	$176.8M	$105.6M	10x	as long as short
BloFin MU-USDT	+0.0332%	8h	1,046	+0.007%	$1.4M	$2.0M	20x	as long as short
Deribit MU_USDC-PERPETUALlong	+0.0353%	1h	1,046	long leg	$62K	$259K	10x
Phoenix MU	+0.0460%	1h	1,046.6	+0.061%	$535K	$306K	15x	as long as short
Arcus MU-USD	+0.0462%	1h	1,045.8	−0.016%	$74K	$240K	10x	as long as short
RISEx MU/USDCshort	+0.0525%	1h	1,046.6	+0.062%	$317K	$339K	20x
Extended MU_24_5-USD	+0.0712%	1h	1,045.2	−0.075%	$540K	$1.1M	10x	as long as short