Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.025%
Price spread now: Pacifica against Coinbase International+0.233%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.233%, 7d avg +0.009%
=Together, before fees−0.379%+ Points / potential airdropPacifica: Active · farm board−$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.224% dearer against Coinbase International than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MU-PERP-INTX | 1,036 | 0.0104 | pay 0.0013% / 1h | 15m 34s | $731K | $1.2M | 10x |
| Short | Pacifica MU | 1,038.4 | 0.0100 | get 0.0013% / 1h | 15m 34s | $147K | $190K | 10x |
Coinbase International MU-PERP-INTX
Pacifica MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Coinbase International. 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
- −$0.84
- Price spread: +0.233% → +0.009%
- $22.35
- Slippage, 4 orders
- −$25
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$21.49
- Costs to cover
- 0.430%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Pacifica: live order book, 27 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 Coinbase International live order book, 3 min ago | 6.01 bp | 12.7 bp −$13 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 27 min ago | 2.90 bp | 12.3 bp −$12 | doesn't fit | 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 | −0.0331% | 4h | 1,039.1 | +0.299% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0167% | 8h | 1,038.6 | +0.249% | $20.2M | $40.4M | 50x | as long as short |
| Nado MU-PERP | −0.0011% | 1h | 1,038.3 | +0.220% | $279K | $814K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.8 | +0.264% | $21.1M | $60.9M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.4 | +0.230% | $122.1M | $538.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.4 | +0.230% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.2 | +0.208% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.7 | +0.260% | $313K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.2 | +0.214% | $61.6M | $28.7M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.4 | +0.225% | $2.5M | $2.6M | — | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Nado MU-PERP
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.8 | +0.268% | $84K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,038.4 | +0.233% | $188K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,038.5 | +0.244% | $26K | $390K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.9 | +0.375% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.3 | +0.216% | $74K | $572K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.1 | +0.205% | $128K | $442K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0013% | 1h | 1,038.8 | +0.267% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,038.6 | +0.251% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.5 | +0.236% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038 | +0.187% | $537K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,038.3 | +0.222% | $7.0M | $18.7M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.481% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,038.2 | +0.212% | $90K | $250K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,039 | +0.291% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.2 | +0.210% | $176.4M | $86.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.3 | +0.220% | $169K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.5 | +0.237% | $682K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.9 | +0.180% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,038.5 | +0.239% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.1 | +0.204% | $32K | $1K | 10x | as long as short |
| Pacifica MUshort | +0.0100% | 1h | 1,038.4 | +0.233% | $147K | $190K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.2 | +0.206% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.8 | +0.271% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.4 | +0.234% | $826 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTXlong | +0.0104% | 1h | 1,036 | long leg | $731K | $1.2M | 10x | |
| BloFin MU-USDT | +0.0120% | 8h | 1,039.1 | +0.297% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039.4 | +0.326% | $532K | $270K | 15x | as long as short |
GRVT MU_USDT_Perp
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU