Funding you earn now, next payment 09:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.007%
Price spread now: Injective against Polymarket Perps+1.846%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 1.846% dearer against Polymarket Perps than usual: you sell high and buy low (spread +1.846% now, against zero (this spread has no 7-day history yet)): +$185 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 months. At the pace of the last 7 days (−0.102% in total) that is about 4 months. The two prices were read 51 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 | 1,032.3 | 0.0050 | pay 0.0006% / 1h | 1m 37s | $167K | $177K | 10x |
| Short | Injective MU/USDC PERP | 1,051.4 | 0.0033 | get 0.0004% / 1h | 1m 37s | $19K | $5K | 12x |
Polymarket Perps MU-USD
Injective MU/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.5
- Price spread: +1.846% → 0.000%
- $184.64
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $173.12
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Polymarket Perps: live order book, 32 min ago; Injective: no order-book sample. Net counts fees only.
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 | 736.59 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0053% | 4h | 1,033.2 | +0.085% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,033.4 | +0.108% | $21.1M | $69.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,033.2 | +0.088% | $121.6M | $550.6M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,033.5 | +0.115% | $29.1M | $104.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,032.8 | +0.045% | $294K | $375K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,032.8 | +0.052% | $61.6M | $28.8M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,033.3 | +0.100% | $19.6M | $41.7M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,032.5 | +0.018% | $2.5M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,032.1 | −0.015% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,033.8 | +0.146% | $11K | $5.3M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,032.6 | +0.024% | $119K | $493K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,032.9 | +0.056% | $7.0M | $19.0M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,032.1 | −0.016% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,033 | +0.069% | $1.1M | $4.6M | 10x | as long as short |
| Injective MU/USDC PERPshort | +0.0033% | 1h | 1,051.4 | +1.846% | $19K | $5K | 12x | |
| Arcus MU-USD | +0.0040% | 1h | 1,032.9 | +0.057% | $90K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,033.1 | +0.077% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USDlong | +0.0050% | 1h | 1,032.3 | long leg | $167K | $177K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,032.1 | −0.024% | $1.9M | $3.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,032.2 | −0.013% | $32K | $1K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0088% | 8h | 1,033 | +0.070% | $2K | — | 5x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,030.9 | −0.133% | $720K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,033.2 | +0.090% | $146K | $214K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,032.3 | −0.001% | $5.1M | $5.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.2 | +0.083% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,032.7 | +0.039% | $821 | $799 | 20x | as long as short |
| Nado MU-PERP | +0.0116% | 1h | 1,032.2 | −0.011% | $264K | $811K | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,033.1 | +0.073% | $1.4M | $2.3M | 20x | as long as short |
| SoDEX MU-USD | +0.0124% | 1h | 1,032.4 | +0.014% | $678K | $15K | 10x | as long as short |
| Bybit MUUSDT | +0.0126% | 8h | 1,033.2 | +0.091% | $18.7M | $32.5M | 100x | as long as short |
| tradeXYZ xyz:MU | +0.0130% | 1h | 1,032.9 | +0.058% | $174.9M | $78.3M | 10x | as long as short |
| Lighter MU | +0.0144% | 1h | 1,033.2 | +0.088% | $997K | $5.1M | 20x | as long as short |
| Bullet MU-USD | +0.0180% | 1h | 1,032.7 | +0.036% | $26K | $388K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0216% | 1h | 1,032 | −0.029% | $542K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,033.2 | +0.087% | $529K | $270K | 15x | as long as short |
| GRVT MU_USDT_Perp | +0.0373% | 8h | 1,033.3 | +0.098% | $81K | $1.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0399% | 1h | 1,032.5 | +0.016% | $72K | $635K | 10x | as long as short |
HTX MU-USDT
QFEX MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Arcus MU-USD
Vest MU-USD-PERP
Ondo Perps MU-USD.P
Aevo MU-PERP
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Nado MU-PERP
BloFin MU-USDT
SoDEX MU-USD
Bybit MUUSDT
tradeXYZ xyz:MU
Lighter MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU
GRVT MU_USDT_Perp
Deribit MU_USDC-PERPETUAL