Funding you earn now, next payment 06:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: Arcus against Extended+0.111%7-day average +0.006% · 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−$17as in the Price arb table
costs, in and out, $10k−$280.279% of the position
Funding, last 4 days (all we have)+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.111%, 7d avg +0.006%
=Together, before fees+0.024%+ Points / potential airdropExtended: Active · farm board+$2 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: Arcus is 0.105% dearer against Extended than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MU_24_5-USD | 1,040.7 | 0.0032 | pay 0.0004% / 1h | 44m 24s | $546K | $1.1M | 10x |
| Short | Arcus MU-USD | 1,041.9 | 0.0040 | get 0.0005% / 1h | 44m 24s | $70K | $232K | 10x |
Extended MU_24_5-USD
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Extended. 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
- $1.74
- Price spread: +0.111% → +0.006%
- $10.51
- Slippage, 4 orders
- −$18.39
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$15.64
- Costs to cover
- 0.279%
- Break-even
- 70.0 days
Slippage from Extended: live order book, 4 min ago; Arcus: live order book, 4 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, 4 min ago | 0.05 bp | 3.2 bp −$3 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 4 min ago | 3.74 bp | 10.9 bp −$11 | 13.4 bp −$134 | 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 | −0.0373% | 4h | 1,042.1 | +0.133% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,041.5 | +0.074% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,041 | +0.032% | $122.6M | $525.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,041.3 | +0.053% | $18.5M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,041 | +0.028% | $30.4M | $99.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,041.4 | +0.068% | $336K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,041.1 | +0.037% | $61.8M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,041.3 | +0.053% | $20.4M | $41.0M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,042 | +0.120% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,042.2 | +0.146% | $83K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,042.5 | +0.172% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,042.5 | +0.175% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,040.8 | +0.008% | $73K | $503K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040.7 | +0.003% | $128K | $448K | 50x | as long as short |
| Nado MU-PERP | +0.0007% | 1h | 1,041 | +0.032% | $280K | $820K | 10x | as long as short |
| Bullet MU-USD | +0.0011% | 1h | 1,041.2 | +0.050% | $25K | $391K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,041.9 | +0.112% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,041.4 | +0.065% | $7.0M | $17.9M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,041.4 | +0.063% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USDlong | +0.0032% | 1h | 1,040.7 | long leg | $546K | $1.1M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.024% | $19K | $5K | 12x | as long as short |
| Arcus MU-USDshort | +0.0040% | 1h | 1,041.9 | +0.111% | $70K | $232K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.7 | +0.099% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,040.9 | +0.019% | $176.9M | $93.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,041 | +0.028% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,041 | +0.028% | $683K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,041.5 | +0.079% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,041.5 | +0.080% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.8 | +0.005% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,041.2 | +0.050% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,041.2 | +0.049% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,042.3 | +0.153% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,041 | +0.030% | $828 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,041.8 | +0.101% | $1.5M | $2.0M | 20x | as long as short |
| Lighter MU | +0.0128% | 1h | 1,041.6 | +0.083% | $1.1M | $4.9M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,043.3 | +0.251% | $745K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,043.3 | +0.249% | $534K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Nado MU-PERP
Bullet MU-USD
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Injective MU/USDC PERP
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
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Lighter MU
Coinbase International MU-PERP-INTX
Phoenix MU