Funding you earn now, next payment 00:00 UTC+0.0326%/8h= +35.7% APRnext payment +$0.41 per $10,000 · paid last 24h +0.030%
Price spread now: Extended against SoDEX−0.069%7-day average −0.021% · 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−$38as in the Price arb table
costs, in and out, $10k−$330.330% of the position
Funding, last 3 days (all we have)−0.015%−$2 on $10k
+Price spread, last 3 days (all we have)+0.036%+$4 · spread now −0.069%, 7d avg −0.021%
=Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.048% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.021%). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$10 a day).
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.015% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MU-USD | 1,046 | 0.0050 | pay 0.0006% / 1h | 17m 51s | $686K | $16K | 10x |
| Short | Extended MU_24_5-USD | 1,045.3 | 0.0376 | get 0.0047% / 1h | 17m 51s | $541K | $1.1M | 10x |
SoDEX MU-USD
Extended MU_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against SoDEX. 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
- $68.46
- Price spread: −0.069% → −0.021%
- −$4.83
- Slippage, 4 orders
- −$20.02
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $30.61
- Costs to cover
- 0.330%
- Break-even
- 3.9 days
Slippage from SoDEX: live order book, 61 min ago; Extended: live order book, just now.
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, 61 min ago | 0.05 bp | 11.7 bp −$12 | 38.9 bp −$389 | doesn't fit | doesn't fit |
| Sell Extended live order book, just now | 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 | −0.0889% | 4h | 1,045.4 | −0.064% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.9 | −0.011% | $63.0M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.3 | −0.075% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.9 | +0.181% | $12K | $6.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.7 | −0.028% | $129K | $456K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,045.2 | −0.084% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,046 | −0.004% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.447% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.3 | +0.025% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.8 | −0.022% | $169K | $193K | 10x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MU-USDlong | +0.0050% | 1h | 1,046 | long leg | $686K | $16K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045 | −0.100% | $2.0M | $2.7M | 10x | as long as short |
| Lighter MU | +0.0072% | 1h | 1,046 | 0.000% | $1.0M | $4.9M | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0072% | 8h | 1,046 | −0.003% | $30.8M | $105.0M | 50x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,046 | −0.002% | $7.9M | $23.9M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.6 | −0.043% | $153K | $183K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.7 | −0.032% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.8 | −0.018% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,046.1 | +0.007% | $832 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0110% | 8h | 1,046.1 | +0.008% | $2K | — | 5x | as long as short |
| Bullet MU-USD | +0.0112% | 1h | 1,046.1 | +0.008% | $25K | $395K | 10x | as long as short |
| Bitget MUUSDT | +0.0118% | 8h | 1,046.1 | +0.009% | $20.5M | $43.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.9 | −0.012% | $33K | — | 10x | as long as short |
| Nado MU-PERP | +0.0159% | 1h | 1,045.6 | −0.038% | $271K | $876K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0161% | 1h | 1,046 | −0.007% | $62K | $279K | 10x | as long as short |
| Aster MUUSD1 | +0.0164% | 8h | 1,046.4 | +0.038% | $21.5M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0178% | 8h | 1,045.7 | −0.032% | $2.7M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0190% | 8h | 1,046.1 | +0.006% | $124.4M | $532.6M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0193% | 1h | 1,045.8 | −0.022% | $176.7M | $104.6M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0220% | 8h | 1,045.5 | −0.048% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | −0.106% | $757K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0266% | 8h | 1,046.2 | +0.015% | $19.2M | $32.4M | 100x | as long as short |
| BloFin MU-USDT | +0.0309% | 8h | 1,046.1 | +0.010% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USDshort | +0.0376% | 1h | 1,045.3 | −0.069% | $541K | $1.1M | 10x | |
| Phoenix MU | +0.0460% | 1h | 1,045.6 | −0.041% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,046 | −0.001% | $71K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,046.3 | +0.023% | $317K | $339K | 20x | as long as short |
Ondo Perps MU-USD.P
Lighter MU
OKX MU-USDT-SWAP
QFEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Paradex MU-USD-PERP
Bullet MU-USD
Bitget MUUSDT
Aevo MU-PERP
Nado MU-PERP
Deribit MU_USDC-PERPETUAL
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
tradeXYZ xyz:MU
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
BloFin MU-USDT
Phoenix MU
Arcus MU-USD
RISEx MU/USDC