Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h −0.016%
Price spread now: ApeX Omni against Extended+0.234%52s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.234%, 7d avg +0.042%
=Together, before fees−0.169%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.192% dearer against Extended than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.042%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MU_24_5-USD | 1,047.6 | 0.0032 | pay 0.0004% / 1h | 48m 27s | $563K | $1.1M | 10x |
| Short | ApeX Omni MUUSDT | 1,050.1 | 0.0100 | get 0.0013% / 1h | 48m 27s | $71K | $268K | 50x |
Extended MU_24_5-USD
ApeX Omni MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Extended. 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
- $14.28
- Price spread: +0.234% → +0.042%
- $19.15
- Slippage, 4 orders
- −$34.36
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$15.93
- Costs to cover
- 0.494%
- Break-even
- 14.8 days
Slippage from Extended: live order book, 5 min ago; ApeX Omni: live order book, 4 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 Extended live order book, 5 min ago | 0.14 bp | 3.5 bp −$4 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 4 min ago | 8.58 bp | 19.2 bp −$19 | 195.4 bp −$1,954 | 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 | −0.0827% | 4h | 1,049.7 | +0.201% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,048 | +0.036% | $21.3M | $55.7M | 20x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,048.3 | +0.066% | $19.0M | $31.9M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,048.4 | +0.070% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,048.2 | +0.055% | $338K | $351K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048 | +0.036% | $62.3M | $27.6M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,048.5 | +0.084% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,049.1 | +0.138% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,049.9 | +0.215% | $82K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,047.8 | +0.019% | $189K | $3.4M | 20x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MU-USDT | 0.0000% | 8h | 1,048.6 | +0.096% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,047.8 | +0.016% | $73K | $461K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.3 | +0.068% | $130K | $430K | 50x | as long as short |
| Binance MUUSDT | +0.0003% | 8h | 1,048.2 | +0.054% | $125.6M | $517.2M | 50x | as long as short |
| BloFin MU-USDT | +0.0020% | 8h | 1,048 | +0.035% | $1.5M | $2.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,048.8 | +0.116% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,048 | +0.036% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,047.8 | +0.019% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,047.8 | +0.017% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USDlong | +0.0032% | 1h | 1,047.6 | long leg | $563K | $1.1M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.357% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,048.5 | +0.081% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,049.1 | +0.141% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,047.5 | −0.011% | $177.7M | $97.1M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048 | +0.036% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,047.8 | +0.018% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,047.7 | +0.005% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,048.1 | +0.048% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0058% | 1h | 1,047.3 | −0.026% | $282K | $831K | 10x | as long as short |
| Bullet MU-USD | +0.0065% | 1h | 1,048.1 | +0.046% | $26K | $395K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,047.6 | 0.000% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,047.9 | +0.023% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,047.5 | −0.015% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDTshort | +0.0100% | 1h | 1,050.1 | +0.234% | $71K | $268K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048 | +0.035% | $833 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.230% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,050.1 | +0.237% | $537K | $271K | 15x | as long as short |
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Binance MUUSDT
BloFin MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Nado MU-PERP
Bullet MU-USD
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
Phoenix MU