Funding you earn now, next payment 00:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.26 per $10,000 · paid last 24h +0.019%
Price spread now: Extended against ApeX Omni−0.067%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$470.472% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.067%, 7d avg −0.039%
=Together, before fees−0.015%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.029% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.039%). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$6 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 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 | ApeX Omni MUUSDT | 1,045.4 | 0.0100 | pay 0.0013% / 1h | 12m 57s | $71K | $266K | 50x |
| Short | Extended MU_24_5-USD | 1,044.7 | 0.0304 | get 0.0038% / 1h | 12m 57s | $546K | $1.1M | 10x |
ApeX Omni MUUSDT
Extended MU_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against ApeX Omni. 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
- $42.84
- Price spread: −0.067% → −0.039%
- −$2.87
- Slippage, 4 orders
- −$32.2
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$7.24
- Costs to cover
- 0.472%
- Break-even
- 8.2 days
Slippage from ApeX Omni: live order book, 64 min ago; Extended: live order book, 5 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 ApeX Omni live order book, 64 min ago | 7.38 bp | 19.5 bp −$20 | 180.5 bp −$1,805 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 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 | −0.0712% | 4h | 1,045.6 | +0.023% | $1.3M | $674K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.2 | −0.021% | $63.0M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.2 | −0.021% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.9 | +0.143% | $11K | $6.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,044.9 | −0.046% | $129K | $456K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0027% | 1h | 1,045 | −0.041% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.2 | −0.017% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.508% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.4 | −0.003% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,044.7 | −0.067% | $169K | $191K | 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-USD | +0.0050% | 1h | 1,045.2 | −0.024% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.5 | −0.085% | $2.0M | $2.7M | 10x | as long as short |
| Lighter MU | +0.0064% | 1h | 1,045.1 | −0.031% | $1.1M | $5.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0069% | 8h | 1,045.7 | +0.030% | $30.8M | $104.5M | 50x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,045 | −0.041% | $7.9M | $23.9M | 10x | as long as short |
| Bullet MU-USD | +0.0099% | 1h | 1,045.1 | −0.025% | $25K | $394K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,044.7 | −0.064% | $153K | $183K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045 | −0.037% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDTlong | +0.0100% | 1h | 1,045.4 | long leg | $71K | $266K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.3 | −0.013% | $831 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0103% | 8h | 1,044.8 | −0.055% | $2K | — | 5x | as long as short |
| Bitget MUUSDT | +0.0113% | 8h | 1,045.4 | +0.002% | $20.4M | $43.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,044.9 | −0.045% | $33K | — | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0142% | 1h | 1,045.2 | −0.023% | $62K | $284K | 10x | as long as short |
| Nado MU-PERP | +0.0150% | 1h | 1,044.5 | −0.083% | $271K | $875K | 10x | as long as short |
| Aster MUUSD1 | +0.0163% | 8h | 1,045.6 | +0.023% | $21.5M | $47.3M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0178% | 1h | 1,045 | −0.038% | $176.6M | $104.6M | 10x | as long as short |
| Variational Omni MU | +0.0178% | 8h | 1,045.8 | +0.035% | $2.7M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0186% | 8h | 1,045.5 | +0.008% | $124.3M | $531.1M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0218% | 8h | 1,045.9 | +0.046% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | −0.046% | $757K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0259% | 8h | 1,045.5 | +0.013% | $19.2M | $32.4M | 100x | as long as short |
| Extended MU_24_5-USDshort | +0.0304% | 1h | 1,044.7 | −0.067% | $546K | $1.1M | 10x | |
| BloFin MU-USDT | +0.0306% | 8h | 1,045.4 | +0.002% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,046 | +0.057% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,044.7 | −0.064% | $70K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,045.5 | +0.006% | $316K | $339K | 20x | as long as short |
SoDEX MU-USD
Ondo Perps MU-USD.P
Lighter MU
OKX MU-USDT-SWAP
QFEX MU-USD
Bullet MU-USD
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
Paradex MU-USD-PERP
Bitget MUUSDT
Aevo MU-PERP
Deribit MU_USDC-PERPETUAL
Nado MU-PERP
Aster MUUSD1
tradeXYZ xyz:MU
Variational Omni MU
Binance MUUSDT
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
BloFin MU-USDT
Phoenix MU
Arcus MU-USD
RISEx MU/USDC