Funding you earn now, next payment 06:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.031%
Price spread now: Polymarket Perps against Extended+0.059%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.059%, 7d avg −0.004%
=Together, before fees−0.139%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.063% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MU_24_5-USD | 1,042.9 | 0.0032 | pay 0.0004% / 1h | 51m 29s | $546K | $1.1M | 10x |
| Short | Polymarket Perps MU-USD | 1,043.5 | 0.0050 | get 0.0006% / 1h | 51m 29s | $169K | $203K | 10x |
Extended MU_24_5-USD
Polymarket Perps MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $3.78
- Price spread: +0.059% → −0.004%
- $6.29
- Slippage, 4 orders
- −$9.01
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$11.94
- Costs to cover
- 0.220%
- Break-even
- 29.1 days
Slippage from Extended: live order book, 2 min ago; Polymarket Perps: live order book, 60 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, 2 min ago | 0.05 bp | 5.0 bp −$5 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 60 min ago | 2.86 bp | 7.1 bp −$7 | 8.0 bp −$80 | 9.8 bp −$976 | 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 | −0.0859% | 4h | 1,043 | +0.013% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,044.1 | +0.112% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,043.7 | +0.079% | $123.0M | $526.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,043.8 | +0.090% | $18.6M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,043.8 | +0.086% | $30.5M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,043.6 | +0.072% | $337K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.4 | +0.051% | $61.9M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,043.8 | +0.087% | $20.5M | $41.2M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,042.8 | −0.005% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,043.5 | +0.058% | $83K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,043.1 | +0.016% | $189K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.4 | +0.244% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,044.1 | +0.116% | $73K | $501K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.9 | +0.093% | $128K | $439K | 50x | as long as short |
| Nado MU-PERP | +0.0018% | 1h | 1,043.3 | +0.039% | $281K | $821K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,041.8 | −0.101% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,043.6 | +0.067% | $7.0M | $18.0M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.9 | +0.093% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USDlong | +0.0032% | 1h | 1,042.9 | long leg | $546K | $1.1M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.813% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0034% | 1h | 1,043.6 | +0.069% | $26K | $392K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,042.7 | −0.018% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,044.2 | +0.128% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,043.5 | +0.059% | $177.3M | $93.5M | 10x | as long as short |
| Polymarket Perps MU-USDshort | +0.0050% | 1h | 1,043.5 | +0.059% | $169K | $203K | 10x | |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.7 | +0.081% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,043 | +0.006% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,043.8 | +0.086% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,043.7 | +0.074% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.6 | +0.070% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.6 | +0.072% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.1 | +0.024% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,044 | +0.110% | $830 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,043.3 | +0.042% | $1.5M | $2.0M | 20x | as long as short |
| Lighter MU | +0.0144% | 1h | 1,043.8 | +0.088% | $1.1M | $4.9M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,043.3 | +0.042% | $745K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,043 | +0.011% | $534K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Nado MU-PERP
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Injective MU/USDC PERP
Bullet MU-USD
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Lighter MU
Coinbase International MU-PERP-INTX
Phoenix MU