Funding you earn now, next payment 00:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.035%
Price spread now: Polymarket Perps against tradeXYZ+0.019%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 3 days (all we have)−0.009%−$1 · spread now +0.019%, 7d avg +0.005%
=Together, before fees−0.116%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MU | 1,044.8 | 0.0178 | pay 0.0022% / 1h | 13m 43s | $176.6M | $104.6M | 10x |
| Short | Polymarket Perps MU-USD | 1,045 | 0.0050 | get 0.0006% / 1h | 13m 43s | $169K | $193K | 10x |
tradeXYZ xyz:MU
Polymarket Perps MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$26.86
- Price spread: +0.019% → +0.005%
- $1.4
- Slippage, 4 orders
- −$8.19
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$59.65
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; Polymarket Perps: live order book, 63 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, 6 min ago | 0.48 bp | 9.8 bp −$10 | 11.9 bp −$119 | 17.4 bp −$1,739 | doesn't fit |
| Sell Polymarket Perps live order book, 63 min ago | 1.92 bp | 6.2 bp −$6 | 6.8 bp −$68 | 8.8 bp −$877 | 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 | +0.102% | $1.3M | $674K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045 | +0.016% | $62.9M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.4 | +0.058% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.9 | +0.200% | $11K | $6.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,044.9 | +0.013% | $62K | $283K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045 | +0.015% | $129K | $456K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0028% | 1h | 1,045.3 | +0.051% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,044.9 | +0.013% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.566% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.7 | +0.090% | — | $194K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USDshort | +0.0050% | 1h | 1,045 | +0.019% | $169K | $193K | 10x | |
| SoDEX MU-USD | +0.0050% | 1h | 1,045.2 | +0.033% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.5 | −0.028% | $2.0M | $2.7M | 10x | as long as short |
| Lighter MU | +0.0064% | 1h | 1,044.9 | +0.009% | $1.1M | $5.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0069% | 8h | 1,045 | +0.023% | $30.8M | $104.4M | 50x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,045 | +0.016% | $7.9M | $23.9M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,044.7 | −0.007% | $153K | $183K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,044.9 | +0.011% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,046 | +0.113% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.3 | +0.050% | $831 | $799 | 20x | as long as short |
| Bullet MU-USD | +0.0101% | 1h | 1,045.2 | +0.043% | $25K | $395K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0103% | 8h | 1,044.8 | +0.002% | $2K | — | 5x | as long as short |
| Bitget MUUSDT | +0.0113% | 8h | 1,045 | +0.023% | $20.4M | $43.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.1 | +0.030% | $33K | — | 10x | as long as short |
| Nado MU-PERP | +0.0151% | 1h | 1,044.9 | +0.007% | $271K | $875K | 10x | as long as short |
| Aster MUUSD1 | +0.0163% | 8h | 1,045.7 | +0.088% | $21.5M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0178% | 8h | 1,045.8 | +0.092% | $2.7M | $2.5M | — | as long as short |
| tradeXYZ xyz:MUlong | +0.0178% | 1h | 1,044.8 | long leg | $176.6M | $104.6M | 10x | |
| Binance MUUSDT | +0.0186% | 8h | 1,045.1 | +0.030% | $124.3M | $531.7M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0218% | 8h | 1,045.9 | +0.103% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | +0.011% | $757K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0259% | 8h | 1,045.1 | +0.033% | $19.2M | $32.4M | 100x | as long as short |
| BloFin MU-USDT | +0.0308% | 8h | 1,045.7 | +0.087% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0328% | 1h | 1,044.3 | −0.044% | $546K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,046 | +0.115% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,044.7 | −0.007% | $70K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,045.5 | +0.064% | $316K | $339K | 20x | as long as short |
SoDEX MU-USD
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
Bullet MU-USD
Paradex MU-USD-PERP
Bitget MUUSDT
Aevo MU-PERP
Nado MU-PERP
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
BloFin MU-USDT
Extended MU_24_5-USD
Phoenix MU
Arcus MU-USD
RISEx MU/USDC