MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0475%/8h= +52.1% APRnext payment +$0.59 per $10,000 · paid last 24h +0.064%

Price spread now: RISEx against Polymarket Perps+0.072%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$220.220% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.072%, 7d avg +0.056%

Together, before fees+0.007%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.002% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MU-USD	1,045.5	0.0050	pay 0.0006% / 1h	15m 54s	$169K	$193K	10x
Short	RISEx MU/USDC	1,046.3	0.0525	get 0.0066% / 1h	15m 54s	$317K	$339K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.072%Rate

Funding earned: $99.85
Price spread: +0.072% → +0.056%: $1.64
Slippage, 4 orders: −$7.99
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $79.51
Costs to cover: 0.220%
Break-even: 1.4 days

Slippage from Polymarket Perps: live order book, 61 min ago; RISEx: live order book, 62 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, 61 min ago	1.92 bp	7.8 bp −$8	7.9 bp −$79	9.7 bp −$973	doesn't fit
Sell RISEx live order book, 62 min ago	1.01 bp	4.0 bp −$4	5.4 bp −$54	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	−0.0645%	4h	1,045.9	+0.040%	$1.3M	$673K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.7	+0.018%	$63.0M	$29.1M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,045.5	+0.001%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,047.5	+0.194%	$11K	$6.5M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.7	+0.014%	$129K	$456K	50x	as long as short
Aftermath Perps MUUSD	+0.0028%	1h	1,045.4	−0.009%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.7	+0.017%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.498%	$14K	$302	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,046.1	+0.057%	—	$194K	25x	as long as short
Polymarket Perps MU-USDlong	+0.0050%	1h	1,045.5	long leg	$169K	$193K	10x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX MU-USD	+0.0050%	1h	1,045.7	+0.014%	$686K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,045	−0.050%	$2.0M	$2.7M	10x	as long as short
OKX MU-USDT-SWAP	+0.0071%	8h	1,045.8	+0.031%	$30.8M	$104.7M	50x	as long as short
Lighter MU	+0.0072%	1h	1,045.6	+0.011%	$1.0M	$4.9M	20x	as long as short
QFEX MU-USD	+0.0080%	1h	1,045.8	+0.033%	$7.9M	$23.9M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.4	−0.011%	$153K	$183K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.6	+0.011%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,045.6	+0.010%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.7	+0.023%	$831	$799	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0104%	1h	1,045.6	+0.011%	$62K	$282K	10x	as long as short
Paradex MU-USD-PERP	+0.0107%	8h	1,045.8	+0.029%	$2K	—	5x	as long as short
Bullet MU-USD	+0.0107%	1h	1,045.8	+0.029%	$25K	$395K	10x	as long as short
Bitget MUUSDT	+0.0117%	8h	1,045.8	+0.028%	$20.5M	$43.5M	50x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,045.6	+0.010%	$33K	—	10x	as long as short
Nado MU-PERP	+0.0156%	1h	1,045.4	−0.010%	$271K	$875K	10x	as long as short
Aster MUUSD1	+0.0166%	8h	1,046.3	+0.074%	$21.5M	$47.3M	20x	as long as short
Variational Omni MU	+0.0178%	8h	1,045.8	+0.025%	$2.7M	$2.5M	—	as long as short
tradeXYZ xyz:MU	+0.0186%	1h	1,045.6	+0.010%	$176.7M	$104.6M	10x	as long as short
Binance MUUSDT	+0.0190%	8h	1,045.8	+0.032%	$124.4M	$532.0M	50x	as long as short
GRVT MU_USDT_Perp	+0.0219%	8h	1,046.1	+0.060%	$82K	$1.4M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0224%	1h	1,044.9	−0.055%	$757K	$1.3M	10x	as long as short
Bybit MUUSDT	+0.0264%	8h	1,046	+0.043%	$19.2M	$32.4M	100x	as long as short
BloFin MU-USDT	+0.0310%	8h	1,045.9	+0.040%	$1.5M	$2.0M	20x	as long as short
Extended MU_24_5-USD	+0.0360%	1h	1,045.2	−0.033%	$545K	$1.1M	10x	as long as short
Phoenix MU	+0.0460%	1h	1,045.6	+0.010%	$535K	$306K	15x	as long as short
Arcus MU-USD	+0.0462%	1h	1,045.7	+0.022%	$71K	$244K	10x	as long as short
RISEx MU/USDCshort	+0.0525%	1h	1,046.3	+0.072%	$317K	$339K	20x