MU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.031%

Price spread now: Extended against Polymarket Perps−0.025%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$230.228% of the position

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.084%+$8 on $10k

Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.025%, 7d avg +0.004%

Together, before fees+0.132%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.030% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.004%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.084%, so the current rate has only just turned against you.

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	24m 44s	$171K	$202K	10x
Short	Extended MU_24_5-USD	1,051.5	0.0032	get 0.0004% / 1h	24m 44s	$566K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$3.78
Price spread: −0.025% → +0.004%: −$2.97
Slippage, 4 orders: −$9.83
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$29.58
Costs to cover: 0.228%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 32 min ago; Extended: 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 Polymarket Perps live order book, 32 min ago	2.38 bp	6.4 bp −$6	7.7 bp −$77	9.6 bp −$956	doesn't fit
Sell Extended live order book, 3 min ago	0.05 bp	6.2 bp −$6	13.6 bp −$136	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	−0.0907%	4h	1,052.2	+0.041%	$1.3M	$671K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,052.3	+0.051%	$21.4M	$55.0M	20x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,052.4	+0.057%	$31.2M	$99.7M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,052.3	+0.044%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,052.2	+0.034%	$62.3M	$27.5M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,052.6	+0.075%	$82K	$1.3M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,051.8	+0.002%	$190K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,054	+0.207%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,052.4	+0.054%	$131K	$434K	50x	as long as short
Variational Omni MU	+0.0020%	8h	1,052	+0.017%	$2.7M	$2.4M	—	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MUUSD	+0.0020%	1h	1,052.4	+0.061%	$3K	$45K	10x	as long as short
Bybit MUUSDT	+0.0029%	8h	1,052.6	+0.071%	$19.1M	$32.3M	100x	as long as short
Lighter RH MU	+0.0032%	1h	1,052.3	+0.044%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USDshort	+0.0032%	1h	1,051.5	−0.025%	$566K	$1.1M	10x
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	−0.042%	$19K	$5K	12x	as long as short
QFEX MU-USD	+0.0034%	1h	1,052	+0.018%	$7.2M	$17.9M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,052.1	+0.024%	$71K	$234K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,053.3	+0.138%	—	$176K	25x	as long as short
Bullet MU-USD	+0.0046%	1h	1,052.2	+0.036%	$25K	$396K	10x	as long as short
Nado MU-PERP	+0.0050%	1h	1,051.9	+0.007%	$282K	$837K	10x	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	+0.018%	$690K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,051.7	−0.012%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,052.2	+0.040%	$2K	—	5x	as long as short
Binance MUUSDT	+0.0055%	8h	1,052.3	+0.049%	$126.8M	$516.6M	50x	as long as short
Lighter MU	+0.0056%	1h	1,052.3	+0.049%	$1.1M	$5.1M	20x	as long as short
tradeXYZ xyz:MU	+0.0075%	1h	1,052	+0.019%	$178.8M	$98.9M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0080%	1h	1,052.1	+0.031%	$758K	$1.2M	10x	as long as short
Aevo MU-PERP	+0.0096%	1h	1,051.7	−0.010%	$32K	$1K	10x	as long as short
Bitget MUUSDT	+0.0098%	8h	1,052.3	+0.049%	$20.5M	$41.1M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,051.8	−0.005%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,052	+0.017%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,052	+0.023%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,051.9	+0.010%	$836	$799	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0130%	1h	1,051.9	+0.009%	$69K	$430K	10x	as long as short
BloFin MU-USDT	+0.0177%	8h	1,052.1	+0.027%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0304%	1h	1,052.5	+0.067%	$538K	$271K	15x	as long as short