MU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.048%

Price spread now: Coinbase International against Polymarket Perps+0.013%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$340.337% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.261%+$26 on $10k

Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.013%, 7d avg +0.008%

Together, before fees+0.155%+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.008%, 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	Polymarket Perps MU-USD	1,051.8	0.0050	pay 0.0006% / 1h	11m 18s	$171K	$202K	10x
Short	Coinbase International MU-PERP-INTX	1,051.9	0.0096	get 0.0012% / 1h	11m 18s	$758K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.013%Rate

Funding earned: $9.66
Price spread: +0.013% → +0.008%: $0.5
Slippage, 4 orders: −$15.65
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$23.49
Costs to cover: 0.337%
Break-even: 24.0 days

Slippage from Polymarket Perps: live order book, 51 min ago; Coinbase International: 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 Polymarket Perps live order book, 51 min ago	2.86 bp	6.9 bp −$7	8.2 bp −$82	9.6 bp −$956	doesn't fit
Sell Coinbase International live order book, 2 min ago	4.51 bp	9.6 bp −$10	11.4 bp −$114	42.2 bp −$4,222	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	−0.0275%	4h	1,051.8	+0.004%	$1.3M	$671K	10x	as long as short
RISEx MU/USDC	0.0000%	1h	1,052.3	+0.049%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,051.9	+0.013%	$62.0M	$27.6M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,052.2	+0.040%	$85K	$1.3M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,051.9	+0.012%	$190K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,053.9	+0.203%	$11K	$5.8M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,051.8	0.000%	$68K	$386K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,052	+0.019%	$130K	$430K	50x	as long as short
Bybit MUUSDT	+0.0006%	8h	1,052.6	+0.073%	$19.2M	$32.3M	100x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,051.1	−0.064%	$3K	$45K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MU-USDT-SWAP	+0.0019%	8h	1,052.3	+0.048%	$31.1M	$99.9M	50x	as long as short
QFEX MU-USD	+0.0030%	1h	1,051.8	+0.003%	$7.2M	$18.1M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,052.1	+0.032%	$1.3M	$4.4M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	−0.042%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,051.4	−0.034%	$71K	$235K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,053.1	+0.123%	—	$175K	25x	as long as short
Aster MUUSD1	+0.0046%	8h	1,052.1	+0.027%	$21.4M	$54.4M	20x	as long as short
Polymarket Perps MU-USDlong	+0.0050%	1h	1,051.8	long leg	$171K	$202K	10x
SoDEX MU-USD	+0.0050%	1h	1,052.2	+0.035%	$690K	$16K	10x	as long as short
Nado MU-PERP	+0.0050%	1h	1,051.8	−0.002%	$282K	$845K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,051.1	−0.063%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0055%	8h	1,052.1	+0.028%	$2K	—	5x	as long as short
tradeXYZ xyz:MU	+0.0061%	1h	1,051.8	0.000%	$178.4M	$99.1M	10x	as long as short
Lighter MU	+0.0064%	1h	1,052.2	+0.036%	$1.1M	$5.1M	20x	as long as short
Bullet MU-USD	+0.0068%	1h	1,052.1	+0.029%	$25K	$398K	10x	as long as short
Extended MU_24_5-USD	+0.0080%	1h	1,051.6	−0.019%	$564K	$1.1M	10x	as long as short
Variational Omni MU	+0.0087%	8h	1,051.4	−0.040%	$2.7M	$2.4M	—	as long as short
Coinbase International MU-PERP-INTXshort	+0.0096%	1h	1,051.9	+0.013%	$758K	$1.2M	10x
Pacifica MU	+0.0100%	1h	1,051.7	−0.005%	$149K	$184K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,051.9	+0.009%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,051.8	+0.003%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,052.1	+0.031%	$836	$799	20x	as long as short
Aevo MU-PERP	+0.0112%	1h	1,051.7	−0.014%	$32K	$1K	10x	as long as short
Binance MUUSDT	+0.0114%	8h	1,052.1	+0.033%	$126.6M	$518.2M	50x	as long as short
Bitget MUUSDT	+0.0123%	8h	1,052.1	+0.029%	$20.6M	$41.1M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,051.7	−0.010%	$538K	$271K	15x	as long as short
BloFin MU-USDT	+0.0234%	8h	1,052.2	+0.037%	$1.5M	$2.0M	20x	as long as short