Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.035%
Price spread now: BloFin against Pacifica−0.093%94s7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as 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−$330.329% of the position
Funding, last 7 days+0.240%+$24 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.093%, 7d avg +0.041%
=Together, before fees+0.319%+ Points / potential airdropPacifica: Active · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.134% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.041%). If the spread goes back, that is −$13 on $10k: about 22 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.240% in total) that is about 3.9 days. The two prices were read 94 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 | Pacifica MU | 1,038.5 | 0.0100 | pay 0.0013% / 1h | 13m 23s | $147K | $189K | 10x |
| Short | BloFin MU-USDT | 1,037.5 | 0.0120 | get 0.0120% / 8h | 2h 13m | $1.5M | $2.0M | 20x |
Pacifica MU
BloFin MU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.2
- Price spread: −0.093% → +0.041%
- −$13.41
- Slippage, 4 orders
- −$12.88
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.08
- Costs to cover
- 0.329%
- Break-even
- 77.1 days
Slippage from Pacifica: live order book, 34 min ago; BloFin: 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 Pacifica live order book, 34 min ago | 2.98 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.10 bp | 7.1 bp −$7 | 8.6 bp −$86 | 14.6 bp −$1,464 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUUSDT | −0.0162% | 8h | 1,039.3 | +0.083% | $20.3M | $41.2M | 50x | as long as short |
| edgeX MUUSDC | −0.0146% | 4h | 1,036.6 | −0.175% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.8 | +0.037% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,039.1 | +0.058% | $122.0M | $534.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,039.2 | +0.075% | $18.6M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,039 | +0.056% | $29.9M | $101.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,039.2 | +0.072% | $315K | $383K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.9 | +0.043% | $61.5M | $28.5M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036.4 | −0.198% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.3 | −0.107% | $84K | $1.4M | 10x | as long as short |
Bitget MUUSDT
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
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 | 1,038.1 | −0.032% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040 | +0.150% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,039.1 | +0.065% | $127K | $449K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,037 | −0.135% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,039 | +0.055% | $7.0M | $18.2M | 10x | as long as short |
| Nado MU-PERP | +0.0024% | 1h | 1,038.9 | +0.041% | $277K | $818K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,039.1 | +0.062% | $1.2M | $4.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038.4 | −0.003% | $538K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.243% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0036% | 1h | 1,039.3 | +0.084% | $25K | $389K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.3 | −0.110% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.9 | +0.046% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.9 | +0.043% | $176.7M | $91.9M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,039 | +0.053% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.8 | −0.060% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.1 | −0.135% | $1.9M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,039.2 | +0.070% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.3 | −0.014% | $32K | $1K | 10x | as long as short |
| Pacifica MUlong | +0.0100% | 1h | 1,038.5 | long leg | $147K | $189K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.6 | +0.017% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.1 | −0.128% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.7 | +0.019% | $826 | $799 | 20x | as long as short |
| Lighter MU | +0.0104% | 1h | 1,039.3 | +0.077% | $1.0M | $5.0M | 20x | as long as short |
| BloFin MU-USDTshort | +0.0120% | 8h | 1,037.5 | −0.093% | $1.5M | $2.0M | 20x | |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,036 | −0.239% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039 | +0.053% | $531K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0241% | 1h | 1,038.8 | +0.038% | $74K | $526K | 10x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
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
Aevo MU-PERP
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
Coinbase International MU-PERP-INTX
Phoenix MU
Deribit MU_USDC-PERPETUAL