Funding you earn now, next payment 04:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.03 per $10,000 · paid last 24h +0.019%
Price spread now: tradeXYZ against Pacifica−0.009%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.009%, 7d avg −0.022%
=Together, before fees+0.018%+ Points / potential airdropPacifica: Active · tradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MU | 1,051.6 | 0.0100 | pay 0.0013% / 1h | 13m 07s | $148K | $185K | 10x |
| Short | tradeXYZ xyz:MU | 1,051.5 | 0.0073 | get 0.0009% / 1h | 13m 07s | $178.7M | $99.0M | 10x |
Pacifica MU
tradeXYZ xyz:MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$5.57
- Price spread: −0.009% → −0.022%
- $1.28
- Slippage, 4 orders
- −$9.06
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$39.35
- Costs to cover
- 0.351%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 45 min ago; tradeXYZ: live order book, 6 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, 45 min ago | 2.19 bp | 6.3 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.47 bp | 9.5 bp −$9 | 10.1 bp −$101 | 15.3 bp −$1,532 | 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 | −0.0084% | 4h | 1,051.4 | −0.015% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,052.2 | +0.062% | $21.4M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,051.9 | +0.025% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,051.9 | +0.030% | $341K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,051.7 | +0.013% | $62.3M | $27.5M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,051.7 | +0.008% | $81K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.2 | −0.040% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,051.8 | +0.022% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,051.7 | +0.014% | $72K | $442K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,051.6 | −0.003% | $131K | $435K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MU | +0.0003% | 8h | 1,051.8 | +0.016% | $2.7M | $2.4M | — | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,051.8 | +0.019% | $3K | $44K | 10x | as long as short |
| Bybit MUUSDT | +0.0023% | 8h | 1,052.1 | +0.046% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,051.7 | +0.014% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.3 | −0.030% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.023% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,051.5 | −0.008% | $7.1M | $17.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.6 | −0.001% | $71K | $234K | 10x | as long as short |
| Binance MUUSDT | +0.0041% | 8h | 1,051.8 | +0.022% | $126.6M | $516.6M | 50x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,052.8 | +0.111% | — | $176K | 25x | as long as short |
| Nado MU-PERP | +0.0048% | 1h | 1,051.1 | −0.043% | $282K | $837K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.6 | 0.000% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,051.6 | +0.001% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,050.9 | −0.063% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,051.7 | +0.007% | $2K | — | 5x | as long as short |
| Bullet MU-USD | +0.0052% | 1h | 1,051.9 | +0.028% | $25K | $395K | 10x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,051.9 | +0.025% | $1.1M | $5.1M | 20x | as long as short |
| Bitget MUUSDT | +0.0073% | 8h | 1,051.9 | +0.029% | $20.5M | $41.1M | 50x | as long as short |
| tradeXYZ xyz:MUshort | +0.0073% | 1h | 1,051.5 | −0.009% | $178.7M | $99.0M | 10x | |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.9 | +0.123% | $759K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0088% | 1h | 1,051.4 | −0.018% | $32K | $1K | 10x | as long as short |
| Pacifica MUlong | +0.0100% | 1h | 1,051.6 | long leg | $148K | $185K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.7 | +0.010% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051 | −0.055% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.9 | +0.028% | $836 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0161% | 8h | 1,051.9 | +0.027% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.5 | +0.086% | $538K | $271K | 15x | as long as short |
Variational Omni MU
Aftermath Perps MUUSD
Bybit MUUSDT
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
QFEX MU-USD
Arcus MU-USD
Binance MUUSDT
Vest MU-USD-PERP
Nado MU-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Bullet MU-USD
Lighter MU
Bitget MUUSDT
Coinbase International MU-PERP-INTX
Aevo MU-PERP
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU