Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Pacifica against StandX+0.004%50s7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days+0.192%+$19 on $10k
+Price spread, last 4 days (all we have)+0.253%+$25 · spread now +0.004%, 7d avg −0.033%
=Together, before fees+0.445%+ Points / potential airdropStandX: Active · Pacifica: Active · farm board+$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.037% dearer against StandX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.033%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX MU-USD | 1,049.5 | 0 | get 0.0000% / 1h | 52m 41s | $190K | $3.4M | 20x |
| Short | Pacifica MU | 1,049.6 | 0.0100 | get 0.0013% / 1h | 52m 41s | $148K | $185K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against StandX. 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
- $21
- Price spread: +0.004% → −0.033%
- $3.67
- Slippage, 4 orders
- −$15.98
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$7.31
- Costs to cover
- 0.320%
- Break-even
- 9.4 days
Slippage from StandX: live order book, 1 min ago; Pacifica: live order book, 65 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 StandX live order book, 1 min ago | 2.43 bp | 8.5 bp −$9 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 65 min ago | 2.19 bp | 9.2 bp −$9 | doesn't fit | 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 | −0.0403% | 4h | 1,049.7 | +0.014% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,050.2 | +0.061% | $21.4M | $55.2M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,049.4 | −0.015% | $31.2M | $99.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,049.7 | +0.019% | $339K | $351K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.4 | −0.009% | $62.6M | $27.6M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,049.7 | +0.014% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,049.7 | +0.019% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,050.4 | +0.088% | $81K | $1.4M | 10x | as long as short |
| StandX MU-USDlong | 0.0000% | 1h | 1,049.5 | long leg | $190K | $3.4M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,050.2 | +0.065% | $11K | $5.8M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,049.5 | −0.006% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDT | +0.0005% | 8h | 1,049.4 | −0.010% | $19.0M | $31.9M | 100x | as long as short |
| Binance MUUSDT | +0.0010% | 8h | 1,049.5 | 0.000% | $125.9M | $516.7M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,049.7 | +0.018% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,049.3 | −0.018% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,049.4 | −0.017% | $1.1M | $5.0M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.4 | −0.010% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048.9 | −0.062% | $563K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.174% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,049.7 | +0.014% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.6 | +0.104% | — | $176K | 25x | as long as short |
| BloFin MU-USDT | +0.0046% | 8h | 1,049.8 | +0.029% | $1.5M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,049.2 | −0.031% | $178.1M | $97.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.5 | −0.003% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,049.6 | +0.010% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.8 | −0.072% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,049.5 | +0.001% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0066% | 1h | 1,049.7 | +0.014% | $282K | $833K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,049.3 | −0.025% | $32K | $1K | 10x | as long as short |
| Bullet MU-USD | +0.0084% | 1h | 1,049.7 | +0.018% | $26K | $395K | 10x | as long as short |
| Pacifica MUshort | +0.0100% | 1h | 1,049.6 | +0.004% | $148K | $185K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.4 | −0.012% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.3 | +0.069% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,049.7 | +0.013% | $834 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.048% | $757K | $1.2M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0141% | 1h | 1,049.3 | −0.021% | $73K | $459K | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,050.1 | +0.054% | $537K | $271K | 15x | as long as short |
StandX MU-USD
Pacifica MU
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
SunX MU-USDT
HTX MU-USDT
Bybit MUUSDT
Binance MUUSDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
BloFin MU-USDT
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Bullet MU-USD
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
Deribit MU_USDC-PERPETUAL
Phoenix MU