MU

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.013%

Price spread now: ApeX Omni against Polymarket Perps+0.017%57s7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as 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−$520.518% of the position

Long on Polymarket Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.083%+$8 on $10k

Price spread, last 3 days (all we have)+0.046%+$5 · spread now +0.017%, 7d avg +0.046%

Together, before fees+0.129%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.028% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.046%). If the spread goes back, that is −$3 on $10k: about 45 hours of funding at the current rate (+$2 a day). The two prices were read 57 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	Polymarket Perps MU-USD	1,043.3	0.0050	pay 0.0006% / 1h	7m 35s	$165K	$197K	10x
Short	ApeX Omni MUUSDT	1,043.5	0.0100	get 0.0013% / 1h	7m 35s	$71K	$266K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee ApeX OmnibpOrdersPrice spread, now +0.017%Rate

Funding earned: $10.5
Price spread: +0.017% → +0.046%: −$2.84
Slippage, 4 orders: −$33.76
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$44.1
Costs to cover: 0.518%
Break-even: 36.4 days

Slippage from Polymarket Perps: live order book, 9 min ago; ApeX Omni: live order book, 9 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 Polymarket Perps live order book, 9 min ago	1.92 bp	7.8 bp −$8	7.9 bp −$79	9.7 bp −$973	doesn't fit
Sell ApeX Omni live order book, 9 min ago	7.38 bp	18.3 bp −$18	192.0 bp −$1,920	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	−0.0010%	4h	1,043.5	+0.015%	$1.3M	$672K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.2	−0.010%	$62.9M	$29.1M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,042.6	−0.064%	$188K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,045.9	+0.245%	$11K	$6.6M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,043.3	−0.001%	$125K	$442K	50x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.2	−0.012%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.710%	$14K	$302	12x	as long as short
Aftermath Perps MUUSD	+0.0036%	1h	1,043.5	+0.019%	$3K	$45K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,043.1	−0.017%	—	$194K	25x	as long as short
OKX MU-USDT-SWAP	+0.0049%	8h	1,043.3	+0.002%	$30.9M	$104.8M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps MU-USDlong	+0.0050%	1h	1,043.3	long leg	$165K	$197K	10x
Ondo Perps MU-USD.P	+0.0050%	1h	1,042.7	−0.062%	$2.0M	$2.7M	10x	as long as short
SoDEX MU-USD	+0.0053%	1h	1,043.4	+0.007%	$685K	$16K	10x	as long as short
QFEX MU-USD	+0.0071%	1h	1,043.2	−0.008%	$7.8M	$24.1M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,043.4	+0.012%	$154K	$181K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043.2	−0.011%	$5.2M	$4.0M	20x	as long as short
ApeX Omni MUUSDTshort	+0.0100%	1h	1,043.5	+0.017%	$71K	$266K	50x
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.5	+0.021%	$830	$799	20x	as long as short
Aster MUUSD1	+0.0108%	8h	1,044.2	+0.085%	$21.5M	$47.4M	20x	as long as short
Bitget MUUSDT	+0.0114%	8h	1,043.3	+0.001%	$20.4M	$43.0M	50x	as long as short
Aevo MU-PERP	+0.0120%	1h	1,043.4	+0.010%	$33K	—	10x	as long as short
Paradex MU-USD-PERP	+0.0144%	8h	1,043.3	+0.002%	$2K	—	5x	as long as short
Variational Omni MU	+0.0150%	8h	1,043.5	+0.015%	$2.6M	$2.6M	—	as long as short
Binance MUUSDT	+0.0172%	8h	1,043.5	+0.017%	$124.6M	$535.2M	50x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,043.2	−0.007%	$755K	$1.4M	10x	as long as short
Lighter MU	+0.0208%	1h	1,043.2	−0.007%	$1.0M	$4.8M	20x	as long as short
GRVT MU_USDT_Perp	+0.0224%	8h	1,043.8	+0.045%	$77K	$1.4M	10x	as long as short
Nado MU-PERP	+0.0233%	1h	1,042.7	−0.061%	$273K	$872K	10x	as long as short
Bybit MUUSDT	+0.0260%	8h	1,043.7	+0.037%	$19.2M	$32.6M	100x	as long as short
Bullet MU-USD	+0.0284%	1h	1,043.7	+0.038%	$25K	$396K	10x	as long as short
BloFin MU-USDT	+0.0289%	8h	1,043.9	+0.059%	$1.4M	$2.0M	20x	as long as short
tradeXYZ xyz:MU	+0.0326%	1h	1,043.2	−0.010%	$176.2M	$106.5M	10x	as long as short
Phoenix MU	+0.0383%	1h	1,043.8	+0.048%	$534K	$306K	15x	as long as short
Arcus MU-USD	+0.0435%	1h	1,043	−0.027%	$73K	$241K	10x	as long as short
RISEx MU/USDC	+0.0499%	1h	1,043.7	+0.041%	$295K	$339K	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0642%	1h	1,043.5	+0.017%	$62K	$251K	10x	as long as short
Extended MU_24_5-USD	+0.0712%	1h	1,042.4	−0.084%	$547K	$1.1M	10x	as long as short