Funding you earn now, next payment 09:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Pacifica against tradeXYZ−0.067%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.067%, 7d avg +0.022%
=Together, before fees+0.063%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.089% cheaper against tradeXYZ than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MU | 1,028.7 | 0.0099 | pay 0.0012% / 1h | 21m 26s | $173.9M | $78.9M | 10x |
| Short | Pacifica MU | 1,028 | 0.0100 | get 0.0013% / 1h | 21m 26s | $146K | $194K | 10x |
tradeXYZ xyz:MU
Pacifica MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against tradeXYZ. 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
- $0.15
- Price spread: −0.067% → +0.022%
- −$8.87
- Slippage, 4 orders
- −$13.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$47.74
- Costs to cover
- 0.390%
- Break-even
- 2166.6 days
Slippage from tradeXYZ: live order book, 9 min ago; Pacifica: live order book, 11 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 tradeXYZ live order book, 9 min ago | 0.49 bp | 9.5 bp −$9 | 10.3 bp −$103 | 14.5 bp −$1,451 | doesn't fit |
| Sell Pacifica live order book, 11 min ago | 3.95 bp | 9.5 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 | −0.0959% | 4h | 1,026.4 | −0.226% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,028.8 | +0.008% | $21.0M | $69.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,028.9 | +0.015% | $121.7M | $548.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,029 | +0.029% | $18.6M | $32.4M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,029.2 | +0.045% | $29.1M | $103.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,028 | −0.071% | $293K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,028.4 | −0.029% | $61.7M | $28.3M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,028.8 | +0.006% | $19.8M | $41.1M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,024.7 | −0.386% | $2.5M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,028.1 | −0.062% | $186K | $3.6M | 20x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MU-USDT | 0.0000% | 8h | 1,029.1 | +0.034% | $11K | $5.3M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,027.9 | −0.081% | $118K | $494K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,028.4 | −0.027% | $6.9M | $18.9M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,026.4 | −0.227% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,028.2 | −0.046% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,027.6 | −0.110% | $544K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.203% | $19K | $5K | 12x | as long as short |
| GRVT MU_USDT_Perp | +0.0040% | 8h | 1,026.9 | −0.174% | $81K | $1.4M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,028.1 | −0.059% | $89K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,028.2 | −0.048% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,028.3 | −0.039% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,028 | −0.073% | $675K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,027.5 | −0.114% | $1.9M | $3.1M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0066% | 8h | 1,028.5 | −0.023% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,028.5 | −0.023% | $994K | $5.0M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,028.7 | 0.000% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,024.5 | −0.408% | $716K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:MUlong | +0.0099% | 1h | 1,028.7 | long leg | $173.9M | $78.9M | 10x | |
| Pacifica MUshort | +0.0100% | 1h | 1,028 | −0.067% | $146K | $194K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,027.5 | −0.116% | $5.1M | $4.7M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,026.4 | −0.226% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,028.4 | −0.033% | $818 | $799 | 20x | as long as short |
| Nado MU-PERP | +0.0100% | 1h | 1,027.7 | −0.097% | $264K | $815K | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,027.2 | −0.150% | $1.5M | $2.3M | 20x | as long as short |
| Bullet MU-USD | +0.0143% | 1h | 1,029.1 | +0.039% | $25K | $388K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0217% | 1h | 1,028 | −0.067% | $72K | $630K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,028.4 | −0.029% | $526K | $270K | 15x | as long as short |
SunX MU-USDT
HTX MU-USDT
QFEX MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
GRVT MU_USDT_Perp
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Aevo MU-PERP
Coinbase International MU-PERP-INTX
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Nado MU-PERP
BloFin MU-USDT
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
Phoenix MU