MU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0133%/8h= −14.5% APRnext payment −$0.17 per $10,000 · paid last 24h −0.013%

Price spread now: ApeX Omni against Extended+0.020%72s7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as 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−$520.516% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.051%+$5 · spread now +0.020%, 7d avg +0.040%

Together, before fees+0.053%+ Points / potential airdropExtended: Active · farm board+$5 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: −$4 a day on $10k at the current rate. The two prices were read 72 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	Extended MU_24_5-USD	1,050.7	0.0496	pay 0.0062% / 1h	46m 04s	$558K	$1.1M	10x
Short	ApeX Omni MUUSDT	1,050.9	0.0363	get 0.0045% / 1h	46m 04s	$71K	$267K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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 ExtendedbpFee ApeX OmnibpOrdersPrice spread, now +0.020%Rate

Funding earned: −$27.84
Price spread: +0.020% → +0.040%: −$1.98
Slippage, 4 orders: −$36.64
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$81.46
Costs to cover: 0.516%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; ApeX Omni: live order book, 26 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 Extended live order book, 2 min ago	3.18 bp	5.9 bp −$6	13.0 bp −$130	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 26 min ago	7.41 bp	19.7 bp −$20	176.7 bp −$1,767	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	−0.0892%	4h	1,050.2	−0.042%	$1.3M	$673K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,051.2	+0.045%	$62.9M	$28.6M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,050.6	−0.013%	$190K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,052.8	+0.196%	$11K	$6.3M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,051.2	+0.049%	$129K	$426K	50x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0016%	1h	1,051	+0.028%	$63K	$294K	10x	as long as short
Aftermath Perps MUUSD	+0.0020%	1h	1,050.1	−0.059%	$3K	$45K	10x	as long as short
Lighter MU	+0.0032%	1h	1,051.3	+0.054%	$1.1M	$4.7M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,051.2	+0.044%	$1.2M	$4.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.064%	$19K	$5K	12x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MU-USD-PERP	+0.0046%	1h	1,052.8	+0.205%	—	$195K	25x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,052.2	+0.140%	$1.9M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,052	+0.120%	$7.8M	$23.2M	10x	as long as short
Nado MU-PERP	+0.0059%	1h	1,052.2	+0.145%	$275K	$862K	10x	as long as short
OKX MU-USDT-SWAP	+0.0093%	8h	1,051.6	+0.089%	$30.9M	$102.3M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,052.2	+0.144%	$152K	$177K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.8	+0.010%	$5.3M	$3.6M	20x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,051.8	+0.104%	$836	$799	20x	as long as short
Paradex MU-USD-PERP	+0.0101%	8h	1,052.4	+0.161%	$2K	—	5x	as long as short
Bybit MUUSDT	+0.0129%	8h	1,051.5	+0.078%	$19.2M	$32.6M	100x	as long as short
Aevo MU-PERP	+0.0136%	1h	1,051.2	+0.047%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,052.2	+0.140%	$762K	$1.3M	10x	as long as short
Variational Omni MU	+0.0192%	8h	1,051.7	+0.099%	$2.7M	$2.4M	—	as long as short
Polymarket Perps MU-USD	+0.0202%	1h	1,051.3	+0.058%	$170K	$202K	10x	as long as short
Aster MUUSD1	+0.0203%	8h	1,050.9	+0.016%	$21.6M	$47.8M	20x	as long as short
Binance MUUSDT	+0.0207%	8h	1,051.4	+0.068%	$126.4M	$526.5M	50x	as long as short
Arcus MU-USD	+0.0240%	1h	1,051	+0.030%	$71K	$242K	10x	as long as short
Bitget MUUSDT	+0.0262%	8h	1,051.2	+0.050%	$20.6M	$41.7M	50x	as long as short
RISEx MU/USDC	+0.0312%	1h	1,052.1	+0.137%	$316K	$339K	20x	as long as short
BloFin MU-USDT	+0.0326%	8h	1,053	+0.218%	$1.5M	$2.1M	20x	as long as short
ApeX Omni MUUSDTshort	+0.0363%	1h	1,050.9	+0.020%	$71K	$267K	50x
Phoenix MU	+0.0383%	1h	1,050.3	−0.037%	$537K	$306K	15x	as long as short
Bullet MU-USD	+0.0425%	1h	1,051.8	+0.101%	$26K	$394K	10x	as long as short
tradeXYZ xyz:MU	+0.0456%	1h	1,050.9	+0.020%	$178.3M	$101.6M	10x	as long as short
SoDEX MU-USD	+0.0493%	1h	1,051.2	+0.044%	$690K	$16K	10x	as long as short
Extended MU_24_5-USDlong	+0.0496%	1h	1,050.7	long leg	$558K	$1.1M	10x
GRVT MU_USDT_Perp	+0.0707%	8h	1,050.8	+0.010%	$83K	$1.4M	10x	as long as short