Funding you earn now, next payment 03:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.015%
Price spread now: Pacifica against Extended+0.078%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.078%, 7d avg +0.011%
=Together, before fees−0.077%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Pacifica is 0.067% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MU_24_5-USD | 1,051.6 | 0.0064 | pay 0.0008% / 1h | 3m 52s | $564K | $1.1M | 10x |
| Short | Pacifica MU | 1,052.4 | 0.0100 | get 0.0013% / 1h | 3m 52s | $148K | $185K | 10x |
Extended MU_24_5-USD
Pacifica MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $7.56
- Price spread: +0.078% → +0.011%
- $6.66
- Slippage, 4 orders
- −$12.09
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$10.87
- Costs to cover
- 0.251%
- Break-even
- 17.1 days
Slippage from Extended: live order book, 4 min ago; Pacifica: live order book, 59 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 | 0.14 bp | 4.0 bp −$4 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 59 min ago | 2.76 bp | 9.6 bp −$10 | 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 | −0.0138% | 4h | 1,052.3 | +0.065% | $1.3M | $672K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.4 | +0.074% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,051.9 | +0.028% | $62.0M | $27.6M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.3 | +0.068% | $78K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052 | +0.040% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,053.9 | +0.218% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,051.8 | +0.020% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDT | +0.0011% | 8h | 1,052.3 | +0.067% | $19.2M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | +0.0015% | 8h | 1,051.9 | +0.025% | $31.1M | $99.9M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,052 | +0.034% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Bybit MUUSDT
OKX MU-USDT-SWAP
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MU-USD | +0.0030% | 1h | 1,052.1 | +0.050% | $7.2M | $18.0M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052 | +0.033% | $1.3M | $4.5M | 10x | as long as short |
| Aster MUUSD1 | +0.0033% | 8h | 1,052.1 | +0.047% | $21.4M | $55.0M | 20x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.023% | $19K | $5K | 12x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0035% | 1h | 1,052 | +0.034% | $69K | $391K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.9 | +0.026% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.3 | +0.165% | — | $175K | 25x | as long as short |
| Nado MU-PERP | +0.0048% | 1h | 1,052 | +0.039% | $282K | $844K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.9 | +0.028% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,051.9 | +0.032% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.5 | −0.008% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,052.5 | +0.084% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052 | +0.039% | $1.1M | $5.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0062% | 1h | 1,051.7 | +0.009% | $178.5M | $98.9M | 10x | as long as short |
| Bullet MU-USD | +0.0064% | 1h | 1,052.2 | +0.055% | $26K | $398K | 10x | as long as short |
| Extended MU_24_5-USDlong | +0.0064% | 1h | 1,051.6 | long leg | $564K | $1.1M | 10x | |
| Variational Omni MU | +0.0071% | 8h | 1,052.2 | +0.056% | $2.7M | $2.4M | — | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,051.9 | +0.032% | $758K | $1.2M | 10x | as long as short |
| Pacifica MUshort | +0.0100% | 1h | 1,052.4 | +0.078% | $148K | $185K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.9 | +0.026% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051.8 | +0.021% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052 | +0.040% | $836 | $799 | 20x | as long as short |
| Binance MUUSDT | +0.0102% | 8h | 1,052.1 | +0.047% | $126.7M | $517.8M | 50x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,051.7 | +0.013% | $32K | $1K | 10x | as long as short |
| Bitget MUUSDT | +0.0137% | 8h | 1,052 | +0.035% | $20.6M | $41.0M | 50x | as long as short |
| BloFin MU-USDT | +0.0224% | 8h | 1,052.2 | +0.056% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,052.5 | +0.085% | $538K | $271K | 15x | as long as short |
QFEX MU-USD
Lighter RH MU
Aster MUUSD1
Injective MU/USDC PERP
Deribit MU_USDC-PERPETUAL
Arcus MU-USD
Vest MU-USD-PERP
Nado MU-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Bullet MU-USD
Variational Omni MU
Coinbase International MU-PERP-INTX
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Binance MUUSDT
Aevo MU-PERP
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU