Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.022%
Price spread now: tradeXYZ against RISEx−0.047%7-day average −0.063% · 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−$28as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 4 days (all we have)+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.047%, 7d avg −0.063%
=Together, before fees−0.044%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.063%, 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 | 1,046 | 0 | get 0.0000% / 1h | 38m 15s | $338K | $353K | 20x |
| Short | tradeXYZ xyz:MU | 1,045.5 | 0.0050 | get 0.0006% / 1h | 38m 15s | $177.2M | $96.4M | 10x |
RISEx MU/USDC
tradeXYZ xyz:MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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: −0.047% → −0.063%
- $1.57
- Slippage, 4 orders
- −$5.17
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$17.1
- Costs to cover
- 0.292%
- Break-even
- 18.4 days
Slippage from RISEx: live order book, 15 min ago; tradeXYZ: live order book, 12 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, 15 min ago | 1.48 bp | 4.5 bp −$4 | 5.5 bp −$55 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.48 bp | 9.9 bp −$10 | 10.6 bp −$106 | 15.0 bp −$1,501 | 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 | −0.0477% | 4h | 1,047.4 | +0.134% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,046 | −0.004% | $21.2M | $56.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,045.9 | −0.013% | $125.2M | $518.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,046.1 | +0.008% | $18.8M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,045.6 | −0.034% | $31.1M | $99.7M | 50x | as long as short |
| RISEx MU/USDClong | 0.0000% | 1h | 1,046 | long leg | $338K | $353K | 20x | |
| Gate MU_USDT | 0.0000% | 8h | 1,045.8 | −0.021% | $62.1M | $27.7M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,046 | +0.003% | $20.4M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,047.2 | +0.117% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,047.1 | +0.102% | $81K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
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 | 1,045.6 | −0.038% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.5 | +0.050% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.5 | −0.050% | $130K | $432K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,046.6 | +0.063% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045.8 | −0.022% | $7.0M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,045.7 | −0.026% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.7 | −0.028% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,045.2 | −0.076% | $550K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.513% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,046.5 | +0.044% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.5 | +0.045% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MUshort | +0.0050% | 1h | 1,045.5 | −0.047% | $177.2M | $96.4M | 10x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.6 | −0.038% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,045.6 | −0.034% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045 | −0.100% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,046.1 | +0.006% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0053% | 1h | 1,045.7 | −0.028% | $281K | $828K | 10x | as long as short |
| Bullet MU-USD | +0.0064% | 1h | 1,046 | −0.003% | $25K | $394K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0075% | 1h | 1,045.7 | −0.031% | $73K | $468K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,045.4 | −0.055% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.8 | −0.022% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.6 | −0.042% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,047.5 | +0.148% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.7 | −0.024% | $831 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0119% | 8h | 1,046.1 | +0.005% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.386% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,048.1 | +0.201% | $536K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Nado MU-PERP
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU