Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0656%/8h= +71.8% APRpaid last 24h +0.060%
Price spread now: Extended against SunX−0.319%7-day average −0.184% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$660.658% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.176%+$18 on $10k
Price spread, last 3 days (all we have)+0.191%+$19 · spread now −0.319%, 7d avg −0.184%
Together, before fees+0.368%+ Points / potential airdropExtended: Active · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.135% cheaper against SunX than usual: you would sell low and buy high (spread −0.319% now, against its 7-day average of −0.184%). If the spread goes back, that is −$14 on $10k: about 16 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.176% in total) that is about 5.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,046.70get 0.0000% / 8h1h 27m$11K$6.6M10x
ShortExtended MU_24_5-USD1,043.30.0656get 0.0082% / 1h27m 26s$541K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SunX. 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

Funding earned
$137.76
Price spread: −0.319% → −0.184%
−$13.5
Slippage, 4 orders
−$52.76
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$58.5
Costs to cover
0.658%
Break-even
4.0 days
Slippage from SunX: live order book, 11 min ago; Extended: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 11 min ago21.58 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 1 min ago0.05 bp4.0 bp −$410.3 bp −$103doesn't fitdoesn't fit

MU on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0856%4h1,044.1−0.247%$1.3M$671K10xas long as short
Gate MU_USDT0.0000%8h1,044.2−0.235%$62.9M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,043.2−0.328%$189K$3.3M20xas long as short
SunX MU-USDTlong0.0000%8h1,046.7long leg$11K$6.6M10x
HTX MU-USDT0.0000%8h1,044.1−0.240%$125K$441K50xas long as short
OKX MU-USDT-SWAP+0.0026%8h1,044.3−0.222%$30.9M$104.9M50xas long as short
Aftermath Perps MUUSD+0.0031%1h1,043.8−0.270%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,044.1−0.246%$1.2M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.388%$14K$30212xas long as short
Vest MU-USD-PERP+0.0046%1h1,043.9−0.265%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,044−0.253%$165K$189K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.1−0.340%$2.0M$2.7M10xas long as short
SoDEX MU-USD+0.0051%1h1,044.2−0.237%$685K$16K10xas long as short
QFEX MU-USD+0.0071%1h1,044.4−0.218%$7.8M$24.2M10xas long as short
Aster MUUSD1+0.0072%8h1,044.9−0.171%$21.5M$47.4M20xas long as short
Bitget MUUSDT+0.0096%8h1,044.3−0.228%$20.4M$43.1M50xas long as short
Pacifica MU+0.0100%1h1,043.7−0.282%$154K$181K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.6−0.291%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,044−0.251%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.4−0.220%$830$79920xas long as short
Aevo MU-PERP+0.0120%1h1,044−0.252%$33K10xas long as short
Variational Omni MU+0.0129%8h1,043.8−0.270%$2.6M$2.7Mas long as short
Paradex MU-USD-PERP+0.0132%8h1,044.2−0.233%$2K5xas long as short
Binance MUUSDT+0.0151%8h1,044.4−0.217%$124.9M$536.0M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,043.9−0.263%$756K$1.4M10xas long as short
Lighter MU+0.0192%1h1,044.3−0.226%$1.0M$4.8M20xas long as short
Nado MU-PERP+0.0209%1h1,043.4−0.307%$266K$868K10xas long as short
GRVT MU_USDT_Perp+0.0210%8h1,044.6−0.200%$82K$1.4M10xas long as short
Bybit MUUSDT+0.0235%8h1,044.6−0.201%$19.2M$32.6M100xas long as short
BloFin MU-USDT+0.0268%8h1,044.6−0.196%$1.4M$2.1M20xas long as short
Bullet MU-USD+0.0269%1h1,044.4−0.214%$26K$398K10xas long as short
tradeXYZ xyz:MU+0.0333%1h1,044−0.253%$176.4M$107.1M10xas long as short
Phoenix MU+0.0383%1h1,044.4−0.215%$534K$306K15xas long as short
Arcus MU-USD+0.0435%1h1,044−0.256%$73K$241K10xas long as short
RISEx MU/USDC+0.0499%1h1,044.7−0.191%$295K$338K20xas long as short
Deribit MU_USDC-PERPETUAL+0.0507%1h1,044.2−0.236%$61K$246K10xas long as short
Extended MU_24_5-USDshort+0.0656%1h1,043.3−0.319%$541K$1.1M10x