Funding you earn now, next payment 01:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.040%
Price spread now: RISEx against Extended+0.077%7-day average +0.052% · 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−$14as in the Price arb table
costs, in and out, $10k−$160.164% of the position
Funding, last 3 days (all we have)−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.077%, 7d avg +0.052%
=Together, before fees+0.005%+ Points / potential airdropExtended: Active · farm board+$1 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 RISEx is 0.025% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MU_24_5-USD | 1,050.1 | 0.0272 | pay 0.0034% / 1h | 2m 49s | $558K | $1.2M | 10x |
| Short | RISEx MU/USDC | 1,050.9 | 0.0312 | get 0.0039% / 1h | 2m 49s | $316K | $340K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $8.34
- Price spread: +0.077% → +0.052%
- $2.47
- Slippage, 4 orders
- −$5.35
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$5.55
- Costs to cover
- 0.164%
- Break-even
- 11.7 days
Slippage from Extended: live order book, just now; RISEx: live order book, 5 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, just now | 0.05 bp | 3.3 bp −$3 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 5 min ago | 1.71 bp | 4.7 bp −$5 | 5.1 bp −$51 | 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 | −0.0631% | 4h | 1,051.5 | +0.135% | $1.3M | $671K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.6 | +0.050% | $62.6M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.6 | +0.050% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,051.9 | +0.174% | $11K | $6.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,050.3 | +0.020% | $65K | $313K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050.5 | +0.036% | $129K | $424K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,051 | +0.087% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.5 | +0.044% | $1.2M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.123% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.8 | +0.164% | — | $179K | 25x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MU | +0.0048% | 1h | 1,050.5 | +0.041% | $1.1M | $4.8M | 20x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,050.5 | +0.041% | $171K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,050.5 | +0.036% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.9 | −0.015% | $2.0M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,050.6 | +0.054% | $7.6M | $21.1M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0083% | 8h | 1,051 | +0.084% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0085% | 1h | 1,050.5 | +0.044% | $274K | $857K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.8 | +0.066% | $149K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.5 | +0.041% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051.9 | +0.171% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.7 | +0.060% | $835 | $799 | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0105% | 8h | 1,050.6 | +0.054% | $30.9M | $101.6M | 50x | as long as short |
| Aevo MU-PERP | +0.0152% | 1h | 1,050.4 | +0.034% | $32K | $1K | 10x | as long as short |
| Bullet MU-USD | +0.0168% | 1h | 1,050.7 | +0.060% | $26K | $396K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,050.5 | +0.039% | $762K | $1.2M | 10x | as long as short |
| Bybit MUUSDT | +0.0189% | 8h | 1,051 | +0.085% | $19.4M | $32.6M | 100x | as long as short |
| tradeXYZ xyz:MU | +0.0194% | 1h | 1,050.4 | +0.031% | $178.4M | $100.2M | 10x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,051.1 | +0.094% | $71K | $242K | 10x | as long as short |
| Variational Omni MU | +0.0256% | 8h | 1,051.6 | +0.141% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0268% | 8h | 1,051 | +0.088% | $21.6M | $48.4M | 20x | as long as short |
| Binance MUUSDT | +0.0271% | 8h | 1,050.6 | +0.053% | $126.3M | $521.5M | 50x | as long as short |
| Extended MU_24_5-USDlong | +0.0272% | 1h | 1,050.1 | long leg | $558K | $1.2M | 10x | |
| RISEx MU/USDCshort | +0.0312% | 1h | 1,050.9 | +0.077% | $316K | $340K | 20x | |
| Phoenix MU | +0.0383% | 1h | 1,051.6 | +0.146% | $538K | $306K | 15x | as long as short |
| BloFin MU-USDT | +0.0391% | 8h | 1,050.6 | +0.054% | $1.5M | $2.0M | 20x | as long as short |
| Bitget MUUSDT | +0.0417% | 8h | 1,050.9 | +0.075% | $20.6M | $41.6M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0582% | 8h | 1,051.5 | +0.137% | $83K | $1.3M | 10x | as long as short |
Extended MU_24_5-USD
RISEx MU/USDC
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Lighter MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
OKX MU-USDT-SWAP
Bullet MU-USD
Coinbase International MU-PERP-INTX
Bybit MUUSDT
tradeXYZ xyz:MU
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Phoenix MU
BloFin MU-USDT
Bitget MUUSDT
GRVT MU_USDT_Perp