Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.052%
Price spread now: SoDEX against RISEx−0.015%7-day average −0.028% · 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−$30as in the Price arb table
costs, in and out, $10k−$310.310% of the position
Funding, last 3 days (all we have)+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.015%, 7d avg −0.028%
=The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MU/USDC | 1,035.7 | 0 | get 0.0000% / 1h | 24m 04s | $316K | $387K | 20x |
| Short | SoDEX MU-USD | 1,035.6 | 0.0050 | get 0.0006% / 1h | 24m 04s | $680K | $15K | 10x |
RISEx MU/USDC
SoDEX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $10.5
- Price spread: −0.015% → −0.028%
- $1.33
- Slippage, 4 orders
- −$17.02
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$19.19
- Costs to cover
- 0.310%
- Break-even
- 19.8 days
Slippage from RISEx: live order book, 24 min ago; SoDEX: live order book, 25 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, 24 min ago | 0.58 bp | 3.6 bp −$4 | 4.8 bp −$48 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 25 min ago | 0.05 bp | 12.0 bp −$12 | 41.4 bp −$414 | 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 | −0.0386% | 4h | 1,034 | −0.168% | $1.3M | $671K | 10x | as long as short |
| Bitget MUUSDT | −0.0097% | 8h | 1,036.9 | +0.110% | $20.3M | $41.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,036.6 | +0.081% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,036.6 | +0.084% | $121.7M | $532.8M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,036.7 | +0.093% | $18.6M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036.7 | +0.093% | $29.9M | $100.6M | 50x | as long as short |
| RISEx MU/USDClong | 0.0000% | 1h | 1,035.7 | long leg | $316K | $387K | 20x | |
| Gate MU_USDT | 0.0000% | 8h | 1,036.1 | +0.034% | $61.4M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,034.5 | −0.121% | $2.6M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037 | +0.127% | $75K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,035.4 | −0.029% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.2 | +0.144% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.3 | +0.053% | $127K | $448K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,035.1 | −0.065% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,035.7 | −0.007% | $7.0M | $18.1M | 10x | as long as short |
| Nado MU-PERP | +0.0027% | 1h | 1,035.3 | −0.043% | $276K | $819K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036.1 | +0.038% | $1.2M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.3 | +0.055% | $538K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.510% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0035% | 1h | 1,036 | +0.024% | $25K | $390K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,034.9 | −0.077% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035.3 | −0.041% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036 | +0.027% | $176.2M | $91.8M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.4 | −0.031% | $168K | $203K | 10x | as long as short |
| SoDEX MU-USDshort | +0.0050% | 1h | 1,035.6 | −0.015% | $680K | $15K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.3 | −0.039% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,035.7 | 0.000% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035.9 | +0.018% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,035.2 | −0.051% | $147K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,035.6 | −0.017% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,034.3 | −0.141% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035.6 | −0.016% | $823 | $799 | 20x | as long as short |
| Lighter MU | +0.0120% | 1h | 1,036.3 | +0.058% | $1.0M | $4.9M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,035.9 | +0.012% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,035.4 | −0.030% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,035 | −0.070% | $529K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0387% | 1h | 1,036.3 | +0.051% | $73K | $516K | 10x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU
Deribit MU_USDC-PERPETUAL