Funding you earn now, next payment 10:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Polymarket Perps against ApeX Omni−0.044%63s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$510.508% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.044%, 7d avg −0.045%
=The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 63 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 | ApeX Omni MUUSDT | 1,035.7 | 0.0100 | pay 0.0013% / 1h | 8m 12s | $70K | $270K | 50x |
| Short | Polymarket Perps MU-USD | 1,035.2 | 0.0050 | get 0.0006% / 1h | 8m 12s | $167K | $178K | 10x |
ApeX Omni MUUSDT
Polymarket Perps MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$10.5
- Price spread: −0.044% → −0.045%
- $0.07
- Slippage, 4 orders
- −$32.79
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$61.22
- Costs to cover
- 0.508%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 42 min ago; Polymarket Perps: live order book, 42 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, 42 min ago | 5.18 bp | 17.6 bp −$18 | 185.2 bp −$1,852 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 42 min ago | 3.88 bp | 8.1 bp −$8 | 9.7 bp −$97 | doesn't fit | doesn't fit |
MU on 37 exchanges
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 | −0.0330% | 4h | 1,035.1 | −0.052% | $1.3M | $694K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,036.1 | +0.043% | $21.2M | $73.0M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,035.3 | −0.033% | $120.9M | $550.2M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,035.3 | −0.038% | $29.4M | $106.5M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035.1 | −0.058% | $61.6M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,035.4 | −0.027% | $19.8M | $42.8M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,035.2 | −0.041% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,034.3 | −0.136% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.2 | +0.152% | $11K | $5.1M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,035.2 | −0.042% | $119K | $474K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
HTX MU-USDTShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,035.1 | −0.050% | $1.1M | $4.6M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0032% | 1h | 1,034.4 | −0.122% | $3K | $42K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.516% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,036 | +0.029% | — | $177K | 25x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0050% | 1h | 1,034.8 | −0.085% | $39K | $709K | 10x | as long as short |
| Polymarket Perps MU-USDshort | +0.0050% | 1h | 1,035.2 | −0.044% | $167K | $178K | 10x | |
| SoDEX MU-USD | +0.0050% | 1h | 1,035.3 | −0.040% | $679K | $13K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,033.9 | −0.170% | $1.9M | $3.2M | 10x | as long as short |
| Bybit MUUSDT | +0.0052% | 8h | 1,035.5 | −0.016% | $18.8M | $32.3M | 100x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,035.2 | −0.045% | $7.0M | $19.1M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0070% | 8h | 1,035.1 | −0.050% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,034.9 | −0.076% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,035.3 | −0.038% | $146K | $223K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,034.6 | −0.098% | $5.2M | $5.7M | 20x | as long as short |
| ApeX Omni MUUSDTlong | +0.0100% | 1h | 1,035.7 | long leg | $70K | $270K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035.3 | −0.038% | $823 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0107% | 1h | 1,035.4 | −0.027% | $295K | $351K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,035.4 | −0.021% | $1.4M | $2.5M | 20x | as long as short |
| Nado MU-PERP | +0.0125% | 1h | 1,034.7 | −0.091% | $270K | $839K | 10x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,034.9 | −0.071% | $90K | $148K | 10x | as long as short |
| Lighter MU | +0.0144% | 1h | 1,035.3 | −0.035% | $1.0M | $5.1M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,033.5 | −0.209% | $732K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0182% | 1h | 1,035.1 | −0.054% | $175.7M | $75.1M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0183% | 8h | 1,035.5 | −0.016% | $76K | $1.4M | 10x | as long as short |
| Bullet MU-USD | +0.0209% | 1h | 1,035.4 | −0.026% | $25K | $386K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0304% | 1h | 1,034.3 | −0.128% | $549K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0310% | 1h | 1,035.5 | −0.015% | $530K | $269K | 15x | as long as short |
Lighter RH MU
Aftermath Perps MUUSD
Injective MU/USDC PERP
Vest MU-USD-PERP
Deribit MU_USDC-PERPETUAL
SoDEX MU-USD
Ondo Perps MU-USD.P
Bybit MUUSDT
QFEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
BloFin MU-USDT
Nado MU-PERP
Arcus MU-USD
Lighter MU
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
GRVT MU_USDT_Perp
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU