Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h 0.000%
Price spread now: Binance against Pacifica+0.106%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.106%, 7d avg +0.040%
=Together, before fees−0.042%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.067% dearer against Pacifica than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.040%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.004% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MU | 1,041 | 0.0100 | pay 0.0013% / 1h | 57m 17s | $147K | $186K | 10x |
| Short | Binance MUUSDT | 1,042.1 | 0 | get 0.0000% / 8h | 2h 57m | $123.0M | $526.5M | 50x |
Pacifica MU
Binance MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Pacifica. 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
- −$21
- Price spread: +0.106% → +0.040%
- $6.69
- Slippage, 4 orders
- −$14.23
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46.54
- Costs to cover
- 0.322%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 56 min ago; Binance: live order book, 2 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 Pacifica live order book, 56 min ago | 3.76 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.05 bp | 6.0 bp −$6 | 8.0 bp −$80 | 16.0 bp −$1,597 | 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 | −0.0910% | 4h | 1,040.2 | −0.079% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,042 | +0.097% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDTshort | 0.0000% | 8h | 1,042.1 | +0.106% | $123.0M | $526.5M | 50x | |
| Bybit MUUSDT | 0.0000% | 8h | 1,042.2 | +0.112% | $18.5M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,042.2 | +0.110% | $30.5M | $99.9M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,041.5 | +0.044% | $336K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,041.6 | +0.053% | $61.9M | $27.8M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,042.2 | +0.111% | $20.5M | $41.7M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,039.9 | −0.112% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,040.5 | −0.054% | $83K | $1.4M | 10x | 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_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,040.9 | −0.017% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,043.2 | +0.205% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,041.9 | +0.084% | $128K | $439K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0021% | 1h | 1,040.9 | −0.014% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,041.1 | +0.004% | $7.0M | $18.1M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,041.8 | +0.077% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,041.5 | +0.044% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.992% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,040.6 | −0.038% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.5 | +0.046% | — | $176K | 25x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0048% | 1h | 1,041.5 | +0.048% | $73K | $496K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,041.2 | +0.016% | $169K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.3 | −0.164% | $1.8M | $2.3M | 10x | as long as short |
| Nado MU-PERP | +0.0050% | 1h | 1,041 | −0.004% | $280K | $821K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,041.3 | +0.023% | $2K | — | 5x | as long as short |
| tradeXYZ xyz:MU | +0.0056% | 1h | 1,041.5 | +0.045% | $177.0M | $95.1M | 10x | as long as short |
| SoDEX MU-USD | +0.0063% | 1h | 1,041.2 | +0.019% | $683K | $16K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,041.4 | +0.039% | $32K | $1K | 10x | as long as short |
| Bullet MU-USD | +0.0092% | 1h | 1,041.9 | +0.088% | $26K | $392K | 10x | as long as short |
| Pacifica MUlong | +0.0100% | 1h | 1,041 | long leg | $147K | $186K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,041.5 | +0.040% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,040.5 | −0.054% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,041.8 | +0.078% | $828 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,042.1 | +0.104% | $1.5M | $2.0M | 20x | as long as short |
| Lighter MU | +0.0144% | 1h | 1,041.7 | +0.067% | $1.1M | $4.8M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,041.2 | +0.015% | $746K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,040.7 | −0.032% | $532K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Deribit MU_USDC-PERPETUAL
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
Nado MU-PERP
Paradex MU-USD-PERP
tradeXYZ xyz:MU
SoDEX MU-USD
Aevo MU-PERP
Bullet MU-USD
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Lighter MU
Coinbase International MU-PERP-INTX
Phoenix MU