Funding you earn now, next payment 00:00 UTC−0.0157%/8h= −17.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.029%
Price spread now: Extended against RISEx−0.096%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$170.174% of the position
Funding, last 3 days (all we have)+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.096%, 7d avg −0.052%
=Together, before fees+0.015%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Extended is 0.044% cheaper against RISEx than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MU/USDC | 1,046.3 | 0.0525 | pay 0.0066% / 1h | 17m 08s | $317K | $339K | 20x |
| Short | Extended MU_24_5-USD | 1,045.3 | 0.0368 | get 0.0046% / 1h | 17m 08s | $541K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against RISEx. 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
- −$33.07
- Price spread: −0.096% → −0.052%
- −$4.36
- Slippage, 4 orders
- −$6.43
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$54.87
- Costs to cover
- 0.174%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 61 min ago; Extended: live order book, 1 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 RISEx live order book, 61 min ago | 1.01 bp | 4.0 bp −$4 | 5.0 bp −$50 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 0.05 bp | 4.0 bp −$4 | 9.7 bp −$97 | 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 | −0.037% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.8 | −0.048% | $63.0M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.3 | −0.101% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.7 | +0.130% | $11K | $6.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.5 | −0.076% | $129K | $455K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0028% | 1h | 1,045.2 | −0.106% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.7 | −0.054% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.421% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.2 | −0.014% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.6 | −0.067% | $169K | $193K | 10x | as long as short |
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 | −0.056% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045 | −0.127% | $2.0M | $2.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0071% | 8h | 1,045.9 | −0.042% | $30.8M | $104.7M | 50x | as long as short |
| Lighter MU | +0.0072% | 1h | 1,045.7 | −0.060% | $1.0M | $4.9M | 20x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,045.9 | −0.036% | $7.9M | $23.9M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.6 | −0.069% | $153K | $183K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.7 | −0.058% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.6 | −0.067% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.8 | −0.051% | $831 | $799 | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0104% | 1h | 1,045.7 | −0.058% | $62K | $280K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0108% | 8h | 1,045.9 | −0.038% | $2K | — | 5x | as long as short |
| Bullet MU-USD | +0.0110% | 1h | 1,046.1 | −0.020% | $25K | $395K | 10x | as long as short |
| Bitget MUUSDT | +0.0118% | 8h | 1,045.7 | −0.054% | $20.5M | $43.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.7 | −0.061% | $33K | — | 10x | as long as short |
| Nado MU-PERP | +0.0157% | 1h | 1,045.4 | −0.084% | $271K | $875K | 10x | as long as short |
| Aster MUUSD1 | +0.0166% | 8h | 1,046.3 | −0.003% | $21.5M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0178% | 8h | 1,045.7 | −0.058% | $2.7M | $2.5M | — | as long as short |
| tradeXYZ xyz:MU | +0.0189% | 1h | 1,045.6 | −0.067% | $176.7M | $104.6M | 10x | as long as short |
| Binance MUUSDT | +0.0190% | 8h | 1,045.9 | −0.041% | $124.4M | $532.5M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0219% | 8h | 1,046.1 | −0.017% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | −0.132% | $757K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0265% | 8h | 1,046.1 | −0.016% | $19.2M | $32.4M | 100x | as long as short |
| BloFin MU-USDT | +0.0310% | 8h | 1,045.9 | −0.037% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USDshort | +0.0368% | 1h | 1,045.3 | −0.096% | $541K | $1.1M | 10x | |
| Phoenix MU | +0.0460% | 1h | 1,045.6 | −0.067% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.9 | −0.043% | $71K | $244K | 10x | as long as short |
| RISEx MU/USDClong | +0.0525% | 1h | 1,046.3 | long leg | $317K | $339K | 20x |
RISEx MU/USDC
Extended MU_24_5-USD
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
OKX MU-USDT-SWAP
Lighter MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Deribit MU_USDC-PERPETUAL
Paradex MU-USD-PERP
Bullet MU-USD
Bitget MUUSDT
Aster MUUSD1
Variational Omni MU
tradeXYZ xyz:MU
Binance MUUSDT
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
BloFin MU-USDT
Phoenix MU