MU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h −0.015%

Price spread now: Pacifica against Extended+0.043%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.043%, 7d avg +0.011%

Together, before fees−0.031%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board−$3 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 Pacifica is 0.032% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MU_24_5-USD	1,050.3	0.0032	pay 0.0004% / 1h	23m 20s	$567K	$1.1M	10x
Short	Pacifica MU	1,050.7	0.0100	get 0.0013% / 1h	23m 20s	$149K	$187K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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 ExtendedbpFee PacificabpOrdersPrice spread, now +0.043%Rate

Funding earned: $14.28
Price spread: +0.043% → +0.011%: $3.17
Slippage, 4 orders: −$11.44
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$6.99
Costs to cover: 0.244%
Break-even: 10.4 days

Slippage from Extended: live order book, 5 min ago; Pacifica: live order book, 44 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	0.09 bp	5.2 bp −$5	15.7 bp −$157	doesn't fit	doesn't fit
Sell Pacifica live order book, 44 min ago	2.66 bp	9.0 bp −$9	doesn't fit	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	−0.0953%	4h	1,050.1	−0.018%	$1.3M	$670K	10x	as long as short
Nado MU-PERP	−0.0005%	1h	1,050.5	+0.022%	$276K	$855K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,050.9	+0.062%	$19.2M	$32.6M	100x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.6	+0.026%	$62.1M	$27.7M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,050.5	+0.015%	$190K	$3.4M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,050.7	+0.041%	$25K	$395K	10x	as long as short
SunX MU-USDT	0.0000%	8h	1,051.9	+0.150%	$11K	$6.0M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.4	+0.009%	$66K	$336K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.5	+0.023%	$129K	$427K	50x	as long as short
Aftermath Perps MUUSD	+0.0018%	1h	1,049.9	−0.033%	$3K	$45K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MU	+0.0032%	1h	1,050.6	+0.027%	$1.1M	$4.8M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.5	+0.018%	$1.1M	$4.2M	10x	as long as short
Extended MU_24_5-USDlong	+0.0032%	1h	1,050.3	long leg	$567K	$1.1M	10x
QFEX MU-USD	+0.0040%	1h	1,050.6	+0.029%	$7.4M	$19.6M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050.2	−0.013%	$71K	$236K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.6	+0.129%	—	$177K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,050.5	+0.020%	$178.3M	$99.6M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.4	+0.010%	$171K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.6	+0.030%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.9	−0.037%	$1.9M	$2.4M	10x	as long as short
OKX MU-USDT-SWAP	+0.0058%	8h	1,050.7	+0.037%	$30.8M	$100.7M	50x	as long as short
Paradex MU-USD-PERP	+0.0063%	8h	1,050.6	+0.033%	$2K	—	5x	as long as short
GRVT MU_USDT_Perp	+0.0083%	8h	1,050.6	+0.031%	$81K	$1.3M	10x	as long as short
Pacifica MUshort	+0.0100%	1h	1,050.7	+0.043%	$149K	$187K	10x
KuCoin MUUSDTM	+0.0100%	8h	1,050.5	+0.015%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.2	−0.005%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.7	+0.043%	$835	$799	20x	as long as short
Injective MU/USDC PERP	+0.0107%	1h	1,051.4	+0.102%	$19K	$5K	12x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,050.4	+0.011%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0128%	1h	1,050.3	−0.001%	$757K	$1.2M	10x	as long as short
Aster MUUSD1	+0.0171%	8h	1,050.4	+0.015%	$21.6M	$51.5M	20x	as long as short
Variational Omni MU	+0.0186%	8h	1,050.5	+0.019%	$2.7M	$2.4M	—	as long as short
Binance MUUSDT	+0.0203%	8h	1,050.7	+0.039%	$126.7M	$523.9M	50x	as long as short
Bitget MUUSDT	+0.0246%	8h	1,050.6	+0.032%	$20.6M	$42.0M	50x	as long as short
Phoenix MU	+0.0304%	1h	1,050.8	+0.049%	$537K	$273K	15x	as long as short
RISEx MU/USDC	+0.0507%	1h	1,050.7	+0.037%	$334K	$348K	20x	as long as short