Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.025%
Price spread now: Pacifica against Polymarket Perps+0.034%48s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as 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−$260.265% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 3 days (all we have)−0.007%−$1 · spread now +0.034%, 7d avg +0.015%
=Together, before fees+0.066%+ Points / potential airdropPacifica: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 48 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 | 1,050.9 | 0.0050 | pay 0.0006% / 1h | 8m 43s | $171K | $203K | 10x |
| Short | Pacifica MU | 1,051.3 | 0.0100 | get 0.0013% / 1h | 8m 43s | $149K | $186K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $10.5
- Price spread: +0.034% → +0.015%
- $1.9
- Slippage, 4 orders
- −$10.48
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$14.08
- Costs to cover
- 0.265%
- Break-even
- 16.4 days
Slippage from Polymarket Perps: live order book, 63 min ago; Pacifica: live order book, 64 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, 63 min ago | 1.91 bp | 6.4 bp −$6 | 7.7 bp −$77 | 9.8 bp −$976 | doesn't fit |
| Sell Pacifica live order book, 64 min ago | 2.30 bp | 7.8 bp −$8 | doesn't fit | 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 | −0.0562% | 4h | 1,050.9 | +0.001% | $1.3M | $671K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,051.1 | +0.017% | $62.7M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.1 | −0.073% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.3 | +0.128% | $11K | $6.1M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050.9 | +0.001% | $130K | $425K | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0017% | 1h | 1,050.7 | −0.020% | $64K | $310K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,050.8 | −0.007% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,051.3 | +0.035% | $1.2M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.044% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,052 | +0.108% | — | $179K | 25x | 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 | 1,050.9 | long leg | $171K | $203K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,050.5 | −0.035% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,051.1 | +0.023% | $7.6M | $21.2M | 10x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,051.2 | +0.030% | $1.1M | $4.8M | 20x | as long as short |
| SoDEX MU-USD | +0.0069% | 1h | 1,051 | +0.007% | $690K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0086% | 8h | 1,051.3 | +0.040% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0087% | 1h | 1,050.8 | −0.014% | $274K | $857K | 10x | as long as short |
| Pacifica MUshort | +0.0100% | 1h | 1,051.3 | +0.034% | $149K | $186K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051 | +0.008% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.6 | −0.025% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.9 | +0.004% | $835 | $799 | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0107% | 8h | 1,051.5 | +0.056% | $30.9M | $101.6M | 50x | as long as short |
| Aevo MU-PERP | +0.0144% | 1h | 1,050.7 | −0.015% | $32K | $1K | 10x | as long as short |
| Bullet MU-USD | +0.0180% | 1h | 1,051.2 | +0.029% | $25K | $396K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,050.5 | −0.040% | $762K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0207% | 1h | 1,051.2 | +0.029% | $178.5M | $100.1M | 10x | as long as short |
| Bybit MUUSDT | +0.0209% | 8h | 1,051.7 | +0.071% | $19.4M | $32.6M | 100x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,051.1 | +0.020% | $71K | $242K | 10x | as long as short |
| Variational Omni MU | +0.0248% | 8h | 1,051.1 | +0.014% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0260% | 8h | 1,050.8 | −0.012% | $21.6M | $48.4M | 20x | as long as short |
| Binance MUUSDT | +0.0264% | 8h | 1,051.4 | +0.048% | $126.5M | $521.3M | 50x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,051.5 | +0.055% | $316K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0312% | 1h | 1,050.5 | −0.037% | $559K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0381% | 8h | 1,051.3 | +0.040% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,051.5 | +0.057% | $538K | $306K | 15x | as long as short |
| Bitget MUUSDT | +0.0414% | 8h | 1,051.4 | +0.049% | $20.6M | $41.6M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0590% | 8h | 1,051.8 | +0.088% | $83K | $1.3M | 10x | as long as short |
Polymarket Perps MU-USD
Pacifica MU
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Deribit MU_USDC-PERPETUAL
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Lighter MU
SoDEX MU-USD
Paradex MU-USD-PERP
KuCoin MUUSDTM
ApeX Omni MUUSDT
OKX MU-USDT-SWAP
Bullet MU-USD
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bybit MUUSDT
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
RISEx MU/USDC
Extended MU_24_5-USD
BloFin MU-USDT
Phoenix MU
Bitget MUUSDT
GRVT MU_USDT_Perp