MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.009%

Price spread now: ApeX Omni against Arcus+0.059%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$600.605% of the position

Long on Arcus Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.063%−$6 on $10k

Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.059%, 7d avg +0.040%

Together, before fees−0.126%−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MU-USD	1,046.9	0.0040	pay 0.0005% / 1h	39m 33s	$71K	$233K	10x
Short	ApeX Omni MUUSDT	1,047.5	0.0100	get 0.0013% / 1h	39m 33s	$71K	$269K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee ApeX OmnibpOrdersPrice spread, now +0.059%Rate

Funding earned: $12.54
Price spread: +0.059% → +0.040%: $1.9
Slippage, 4 orders: −$45.96
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$46.02
Costs to cover: 0.605%
Break-even: 32.7 days

Slippage from Arcus: live order book, 14 min ago; ApeX Omni: live order book, 12 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 Arcus live order book, 14 min ago	2.38 bp	9.6 bp −$10	12.5 bp −$125	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 12 min ago	8.58 bp	19.2 bp −$19	195.4 bp −$1,954	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	−0.0477%	4h	1,047.4	+0.045%	$1.3M	$671K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,045.9	−0.099%	$21.2M	$56.3M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,046.1	−0.081%	$125.2M	$518.5M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,046.2	−0.069%	$19.0M	$32.0M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,046.1	−0.082%	$31.1M	$99.6M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,046.1	−0.077%	$338K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.8	−0.104%	$62.1M	$27.7M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,046.2	−0.074%	$20.4M	$41.3M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,047.2	+0.029%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,047.1	+0.013%	$81K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,046.9	0.000%	$189K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,047.2	+0.027%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,046.2	−0.065%	$130K	$431K	50x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,047.4	+0.041%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,045.8	−0.112%	$7.1M	$17.8M	10x	as long as short
Lighter MU	+0.0032%	1h	1,045.7	−0.117%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.6	−0.128%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,045.4	−0.147%	$550K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.424%	$19K	$5K	12x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0037%	1h	1,046	−0.086%	$73K	$467K	10x	as long as short
Arcus MU-USDlong	+0.0040%	1h	1,046.9	long leg	$71K	$233K	10x
Vest MU-USD-PERP	+0.0046%	1h	1,047.6	+0.063%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,045.4	−0.145%	$177.2M	$96.3M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,046.5	−0.040%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,046.4	−0.048%	$687K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,045.1	−0.170%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,046.2	−0.068%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0053%	1h	1,046.6	−0.029%	$281K	$828K	10x	as long as short
Bullet MU-USD	+0.0064%	1h	1,046.9	−0.002%	$26K	$395K	10x	as long as short
BloFin MU-USDT	+0.0080%	8h	1,047.2	+0.023%	$1.5M	$2.0M	20x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,046.1	−0.075%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.7	−0.115%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.5	−0.132%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDTshort	+0.0100%	1h	1,047.5	+0.059%	$71K	$269K	50x
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,046.3	−0.064%	$832	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,050	+0.297%	$757K	$1.2M	10x	as long as short
Phoenix MU	+0.0305%	1h	1,048.1	+0.113%	$536K	$271K	15x	as long as short