MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.010%

Price spread now: ApeX Omni against SoDEX+0.041%7-day average +0.018% · 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−$59as in the Price arb table

costs, in and out, $10k−$610.614% of the position

Long on SoDEX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.009%+$1 on $10k

Price spread, last 3 days (all we have)+0.027%+$3 · spread now +0.041%, 7d avg +0.018%

Together, before fees+0.035%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.023% dearer against SoDEX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX MU-USD	1,045.6	0.0050	pay 0.0006% / 1h	14m 47s	$686K	$16K	10x
Short	ApeX Omni MUUSDT	1,046	0.0100	get 0.0013% / 1h	14m 47s	$71K	$266K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against SoDEX. 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 SoDEXbpFee ApeX OmnibpOrdersPrice spread, now +0.041%Rate

Funding earned: $10.5
Price spread: +0.041% → +0.018%: $2.3
Slippage, 4 orders: −$43.38
Fee SoDEX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$48.58
Costs to cover: 0.614%
Break-even: 39.4 days

Slippage from SoDEX: live order book, 64 min ago; ApeX Omni: 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 SoDEX live order book, 64 min ago	0.05 bp	11.7 bp −$12	38.9 bp −$389	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 62 min ago	7.38 bp	18.3 bp −$18	192.0 bp −$1,920	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	−0.0252%	4h	1,045.9	+0.030%	$1.3M	$674K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.6	+0.002%	$63.0M	$29.1M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,045.5	−0.007%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,047.4	+0.180%	$11K	$6.5M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,045.5	−0.005%	$62K	$283K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.5	−0.007%	$129K	$456K	50x	as long as short
Aftermath Perps MUUSD	+0.0028%	1h	1,045.5	−0.007%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.3	−0.022%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.494%	$14K	$302	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,046.1	+0.052%	—	$194K	25x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps MU-USD	+0.0050%	1h	1,045.5	−0.005%	$169K	$193K	10x	as long as short
SoDEX MU-USDlong	+0.0050%	1h	1,045.6	long leg	$686K	$16K	10x
Ondo Perps MU-USD.P	+0.0050%	1h	1,044.5	−0.099%	$2.0M	$2.7M	10x	as long as short
OKX MU-USDT-SWAP	+0.0070%	8h	1,045.4	−0.013%	$30.8M	$104.5M	50x	as long as short
Lighter MU	+0.0072%	1h	1,045.1	−0.040%	$1.0M	$5.0M	20x	as long as short
QFEX MU-USD	+0.0080%	1h	1,045.7	+0.013%	$7.9M	$23.9M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.4	−0.015%	$153K	$183K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.3	−0.021%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDTshort	+0.0100%	1h	1,046	+0.041%	$71K	$266K	50x
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.8	+0.020%	$831	$799	20x	as long as short
Bullet MU-USD	+0.0104%	1h	1,045.7	+0.014%	$25K	$395K	10x	as long as short
Paradex MU-USD-PERP	+0.0105%	8h	1,045.4	−0.014%	$2K	—	5x	as long as short
Bitget MUUSDT	+0.0115%	8h	1,045.4	−0.012%	$20.5M	$43.5M	50x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,045.5	−0.004%	$33K	—	10x	as long as short
Nado MU-PERP	+0.0154%	1h	1,045.4	−0.018%	$271K	$875K	10x	as long as short
Aster MUUSD1	+0.0165%	8h	1,046.3	+0.069%	$21.5M	$47.3M	20x	as long as short
Variational Omni MU	+0.0178%	8h	1,045.8	+0.020%	$2.7M	$2.5M	—	as long as short
tradeXYZ xyz:MU	+0.0181%	1h	1,045.4	−0.014%	$176.7M	$104.6M	10x	as long as short
Binance MUUSDT	+0.0188%	8h	1,045.4	−0.014%	$124.3M	$532.0M	50x	as long as short
GRVT MU_USDT_Perp	+0.0218%	8h	1,045.9	+0.031%	$82K	$1.4M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0224%	1h	1,044.9	−0.060%	$757K	$1.3M	10x	as long as short
Bybit MUUSDT	+0.0260%	8h	1,045.5	−0.004%	$19.2M	$32.4M	100x	as long as short
BloFin MU-USDT	+0.0308%	8h	1,045.7	+0.015%	$1.5M	$2.0M	20x	as long as short
Extended MU_24_5-USD	+0.0344%	1h	1,045.2	−0.036%	$545K	$1.1M	10x	as long as short
Phoenix MU	+0.0460%	1h	1,046	+0.043%	$535K	$306K	15x	as long as short
Arcus MU-USD	+0.0462%	1h	1,045.4	−0.013%	$70K	$244K	10x	as long as short
RISEx MU/USDC	+0.0525%	1h	1,046.1	+0.048%	$316K	$339K	20x	as long as short