Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: SunX against Pacifica+0.036%7-day average +0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.036%, 7d avg +0.172%
=Together, before fees−0.316%+ Points / potential airdropPacifica: Active · farm board−$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.136% cheaper against Pacifica than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.172%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MU | 1,030.9 | 0.0100 | pay 0.0013% / 1h | 45m 32s | $146K | $194K | 10x |
| Short | SunX MU-USDT | 1,031.2 | 0 | get 0.0000% / 8h | 7h 45m | $11K | $5.4M | 10x |
Pacifica MU
SunX MU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.036% → +0.172%
- −$13.61
- Slippage, 4 orders
- −$59.78
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$110.39
- Costs to cover
- 0.758%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 52 min ago; SunX: live order book, 3 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, 52 min ago | 1.93 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 21.57 bp | 32.7 bp −$33 | doesn't fit | 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 | −0.0134% | 4h | 1,031.6 | +0.068% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0088% | 8h | 1,031.6 | +0.073% | $19.9M | $40.0M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,031.6 | +0.071% | $21.1M | $68.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,031.3 | +0.043% | $121.5M | $542.2M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,031.6 | +0.073% | $18.6M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,031.2 | +0.033% | $29.6M | $100.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,031.1 | +0.018% | $310K | $380K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,030.8 | −0.012% | $61.9M | $27.8M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,030.2 | −0.062% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,031.9 | +0.096% | $72K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
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 | 1,030.1 | −0.076% | $186K | $3.6M | 20x | as long as short |
| SunX MU-USDTshort | 0.0000% | 8h | 1,031.2 | +0.036% | $11K | $5.4M | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,029.9 | −0.099% | $119K | $492K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,030.9 | +0.005% | $3K | $43K | 10x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,030.8 | −0.006% | $6.9M | $18.7M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,030.8 | −0.003% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,029.9 | −0.096% | $550K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.988% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,030.8 | −0.008% | $89K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,030.5 | −0.032% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,030.5 | −0.036% | $167K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,029.9 | −0.093% | $676K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,030.1 | −0.077% | $1.9M | $2.8M | 10x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,030.7 | −0.014% | $991K | $4.9M | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,031.1 | +0.022% | $2K | — | 5x | as long as short |
| tradeXYZ xyz:MU | +0.0072% | 1h | 1,030.4 | −0.046% | $174.4M | $80.4M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,029.9 | −0.092% | $32K | $1K | 10x | as long as short |
| Nado MU-PERP | +0.0090% | 1h | 1,030.7 | −0.014% | $273K | $806K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,030.8 | −0.012% | $720K | $1.1M | 10x | as long as short |
| Bullet MU-USD | +0.0099% | 1h | 1,030.8 | −0.007% | $25K | $390K | 10x | as long as short |
| Pacifica MUlong | +0.0100% | 1h | 1,030.9 | long leg | $146K | $194K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,030.7 | −0.017% | $5.1M | $4.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,030 | −0.087% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,030.1 | −0.071% | $819 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,030.4 | −0.045% | $1.5M | $2.2M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,030.5 | −0.036% | $527K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0362% | 1h | 1,030.2 | −0.067% | $73K | $625K | 10x | as long as short |
StandX MU-USD
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
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Lighter MU
Paradex MU-USD-PERP
tradeXYZ xyz:MU
Aevo MU-PERP
Nado MU-PERP
Coinbase International MU-PERP-INTX
Bullet MU-USD
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU
Deribit MU_USDC-PERPETUAL