Funding you earn now, next payment 10:00 UTC+0.0153%/8h= +16.8% APRnext payment +$0.19 per $10,000 · paid last 24h +0.023%
Price spread now: tradeXYZ against Polymarket Perps+0.039%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.039%, 7d avg −0.003%
=Together, before fees+0.086%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.042% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MU-USD | 1,032.5 | 0.0050 | pay 0.0006% / 1h | 56m 51s | $167K | $177K | 10x |
| Short | tradeXYZ xyz:MU | 1,032.9 | 0.0203 | get 0.0025% / 1h | 56m 51s | $174.8M | $78.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $32.21
- Price spread: +0.039% → −0.003%
- $4.19
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $10.39
- Costs to cover
- 0.260%
- Break-even
- 4.7 days
Slippage unknown: Polymarket Perps: live order book, 37 min ago; tradeXYZ: live order book, 3 min ago. 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, 37 min ago | 736.59 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.97 bp | 10.0 bp −$10 | 10.6 bp −$106 | 15.2 bp −$1,517 | 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 | −0.0349% | 4h | 1,033.1 | +0.061% | $1.3M | $694K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,033.8 | +0.123% | $21.1M | $69.7M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,033.3 | +0.081% | $121.5M | $551.9M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,033.3 | +0.081% | $29.1M | $104.6M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,033.1 | +0.062% | $61.6M | $27.5M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,033.2 | +0.063% | $19.5M | $41.8M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,032.4 | −0.010% | $2.5M | $2.7M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,032.5 | +0.002% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,034.2 | +0.168% | $11K | $5.2M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,033 | +0.048% | $119K | $490K | 50x | 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 | +0.0030% | 1h | 1,032.3 | −0.021% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,033.2 | +0.068% | $1.1M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.827% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,033.1 | +0.053% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USDlong | +0.0050% | 1h | 1,032.5 | long leg | $167K | $177K | 10x | |
| SoDEX MU-USD | +0.0050% | 1h | 1,033.1 | +0.059% | $678K | $13K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,031.6 | −0.083% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,032.3 | −0.022% | $7.0M | $19.0M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,032.5 | +0.001% | $32K | $1K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0091% | 8h | 1,032.5 | −0.004% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,032.2 | −0.025% | $146K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,033 | +0.046% | $5.1M | $5.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,032.1 | −0.037% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,033 | +0.045% | $821 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0107% | 1h | 1,033.1 | +0.056% | $294K | $372K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,033.3 | +0.081% | $1.4M | $2.3M | 20x | as long as short |
| Bybit MUUSDT | +0.0120% | 8h | 1,033.4 | +0.087% | $18.7M | $32.5M | 100x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,032.3 | −0.018% | $90K | $233K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,030.9 | −0.152% | $720K | $1.1M | 10x | as long as short |
| Nado MU-PERP | +0.0170% | 1h | 1,032.1 | −0.043% | $264K | $811K | 10x | as long as short |
| Lighter MU | +0.0184% | 1h | 1,033.3 | +0.078% | $1.0M | $5.0M | 20x | as long as short |
| tradeXYZ xyz:MUshort | +0.0203% | 1h | 1,032.9 | +0.039% | $174.8M | $78.4M | 10x | |
| Phoenix MU | +0.0231% | 1h | 1,032.7 | +0.019% | $529K | $268K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0264% | 1h | 1,032.5 | −0.002% | $542K | $1.1M | 10x | as long as short |
| Bullet MU-USD | +0.0313% | 1h | 1,033.1 | +0.060% | $26K | $387K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0356% | 8h | 1,032.8 | +0.028% | $73K | $1.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0487% | 1h | 1,032.7 | +0.015% | $72K | $636K | 10x | as long as short |
Polymarket Perps MU-USD
tradeXYZ xyz:MU
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
RISEx MU/USDC
BloFin MU-USDT
Bybit MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
Phoenix MU
Extended MU_24_5-USD
Bullet MU-USD
GRVT MU_USDT_Perp
Deribit MU_USDC-PERPETUAL