MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.006%

Price spread now: Extended against Arcus−0.013%7-day average −0.006% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$280.285% of the position

Long on Arcus Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.089%−$9 on $10k

Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.013%, 7d avg −0.006%

Together, before fees−0.125%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MU-USD	1,037.9	0.0040	pay 0.0005% / 1h	2m 40s	$90K	$244K	10x
Short	Extended MU_24_5-USD	1,037.7	0.0032	get 0.0004% / 1h	2m 40s	$544K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$1.74
Price spread: −0.013% → −0.006%: −$0.66
Slippage, 4 orders: −$18.96
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$30.86
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from Arcus: live order book, 36 min ago; Extended: live order book, just now.

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, 36 min ago	3.13 bp	8.3 bp −$8	13.9 bp −$139	doesn't fit	doesn't fit
Sell Extended live order book, just now	0.05 bp	5.5 bp −$5	9.9 bp −$99	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	−0.0555%	4h	1,038.3	+0.039%	$1.3M	$673K	10x	as long as short
Bitget MUUSDT	−0.0131%	8h	1,038.7	+0.082%	$20.2M	$39.9M	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,038.7	+0.075%	$21.2M	$67.9M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,038.6	+0.067%	$122.5M	$536.6M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,038.6	+0.069%	$18.8M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,038.3	+0.044%	$29.8M	$100.0M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,038.7	+0.084%	$312K	$385K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,038.4	+0.047%	$61.6M	$28.4M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,038.3	+0.041%	$2.5M	$2.6M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,038.4	+0.055%	$80K	$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	1,038.5	+0.061%	$188K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,039.9	+0.193%	$11K	$5.5M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,038.5	+0.064%	$74K	$621K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,038.4	+0.053%	$126K	$481K	50x	as long as short
Bullet MU-USD	+0.0006%	1h	1,038.6	+0.070%	$24K	$388K	10x	as long as short
Nado MU-PERP	+0.0018%	1h	1,038.5	+0.064%	$280K	$802K	10x	as long as short
Aftermath Perps MUUSD	+0.0020%	1h	1,038.3	+0.041%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0021%	1h	1,038.5	+0.060%	$7.0M	$18.7M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,038.5	+0.062%	$1.1M	$4.5M	10x	as long as short
Extended MU_24_5-USDshort	+0.0032%	1h	1,037.7	−0.013%	$544K	$1.1M	10x
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.300%	$19K	$5K	12x	as long as short
Lighter MU	+0.0040%	1h	1,038.7	+0.077%	$1.0M	$4.9M	20x	as long as short
Arcus MU-USDlong	+0.0040%	1h	1,037.9	long leg	$90K	$244K	10x
Vest MU-USD-PERP	+0.0046%	1h	1,038.8	+0.088%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,038.4	+0.051%	$176.4M	$80.2M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,038.6	+0.070%	$168K	$177K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,038.5	+0.056%	$681K	$15K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,038.4	+0.051%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,037.6	−0.028%	$1.9M	$2.7M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,038.3	+0.042%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0080%	1h	1,038.3	+0.045%	$726K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,038.1	+0.021%	$145K	$191K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,038.2	+0.034%	$5.2M	$4.2M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,038.5	+0.059%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,038.6	+0.070%	$826	$799	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,038.5	+0.065%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0232%	1h	1,038.4	+0.051%	$531K	$270K	15x	as long as short