Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: Bullet against Pacifica+0.029%7-day average +0.041% · 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−$34as in the Price arb table
costs, in and out, $10k−$330.325% of the position
Funding, last 4 days (all we have)+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.029%, 7d avg +0.041%
=Together, before fees+0.102%+ Points / potential airdropPacifica: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.094%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MU | 1,035.1 | 0.0100 | pay 0.0013% / 1h | 54m 48s | $147K | $188K | 10x |
| Short | Bullet MU-USD | 1,035.4 | 0.0049 | get 0.0006% / 1h | 54m 48s | $25K | $390K | 10x |
Pacifica MU
Bullet MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Pacifica. 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
- −$10.71
- Price spread: +0.029% → +0.041%
- −$1.16
- Slippage, 4 orders
- −$16.53
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$44.41
- Costs to cover
- 0.325%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 48 min ago; Bullet: live order book, 49 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 Pacifica live order book, 48 min ago | 2.90 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bullet live order book, 49 min ago | 0.96 bp | 6.6 bp −$7 | 20.6 bp −$206 | 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 | −0.0253% | 4h | 1,035.7 | +0.059% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0196% | 8h | 1,035.9 | +0.076% | $20.1M | $40.2M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,036 | +0.081% | $21.1M | $64.4M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,036 | +0.081% | $122.0M | $538.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,036 | +0.085% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,035.8 | +0.064% | $29.7M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,035.2 | +0.008% | $312K | $386K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035.6 | +0.040% | $61.3M | $28.2M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,035.7 | +0.053% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,035.8 | +0.067% | $82K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
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 | 1,035.8 | +0.059% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,036.8 | +0.164% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,035.3 | +0.014% | $74K | $590K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,035.2 | +0.004% | $127K | $460K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,035.8 | +0.065% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,034.9 | −0.021% | $7.0M | $18.8M | 10x | as long as short |
| Nado MU-PERP | +0.0027% | 1h | 1,034.8 | −0.033% | $277K | $809K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,035.5 | +0.034% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,035.3 | +0.016% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.567% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,035.5 | +0.035% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035.1 | −0.007% | — | $175K | 25x | as long as short |
| Bullet MU-USDshort | +0.0049% | 1h | 1,035.4 | +0.029% | $25K | $390K | 10x | |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,035.3 | +0.016% | $176.1M | $85.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035 | −0.013% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,035.3 | +0.018% | $679K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.2 | +0.001% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,035 | −0.010% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,035.6 | +0.045% | $1.0M | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035 | −0.013% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.8 | +0.352% | $734K | $1.2M | 10x | as long as short |
| Pacifica MUlong | +0.0100% | 1h | 1,035.1 | long leg | $147K | $188K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,035.5 | +0.033% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,035.8 | +0.063% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035.4 | +0.027% | $823 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,035.9 | +0.069% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,036.1 | +0.093% | $530K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Lighter RH MU
Extended MU_24_5-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
Lighter MU
Aevo MU-PERP
Coinbase International MU-PERP-INTX
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU