MU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.009%

Price spread now: tradeXYZ against Pacifica−0.017%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$360.361% of the position

Long on Pacifica Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.017%, 7d avg −0.023%

Together, before fees−0.018%+ Points / potential airdropPacifica: Active · tradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica MU	1,050.8	0.0100	pay 0.0013% / 1h	0m 19s	$149K	$186K	10x
Short	tradeXYZ xyz:MU	1,050.6	0.0187	get 0.0023% / 1h	0m 19s	$178.4M	$100.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Pacifica. 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 PacificabpFee tradeXYZbpOrdersPrice spread, now −0.017%Rate

Funding earned: $18.3
Price spread: −0.017% → −0.023%: $0.56
Slippage, 4 orders: −$10.12
Fee Pacifica: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$17.26
Costs to cover: 0.361%
Break-even: 13.6 days

Slippage from Pacifica: live order book, 7 min ago; tradeXYZ: live order book, 10 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, 7 min ago	2.66 bp	7.6 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.48 bp	10.0 bp −$10	10.8 bp −$108	15.4 bp −$1,543	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	−0.0387%	4h	1,050.6	−0.016%	$1.3M	$672K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.7	−0.007%	$62.6M	$29.1M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,050	−0.079%	$190K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,051.6	+0.075%	$11K	$6.1M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.1	−0.065%	$65K	$314K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.1	−0.066%	$129K	$424K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,050.7	−0.009%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.9	+0.009%	$1.2M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.055%	$19K	$5K	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.6	+0.078%	—	$179K	25x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MU	+0.0048%	1h	1,051.2	+0.035%	$1.1M	$4.8M	20x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.6	−0.017%	$171K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.4	−0.036%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,050.1	−0.062%	$1.9M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,050.7	−0.005%	$7.6M	$20.9M	10x	as long as short
Nado MU-PERP	+0.0081%	1h	1,050.7	−0.010%	$275K	$858K	10x	as long as short
Paradex MU-USD-PERP	+0.0081%	8h	1,050.9	+0.009%	$2K	—	5x	as long as short
Pacifica MUlong	+0.0100%	1h	1,050.8	long leg	$149K	$186K	10x
KuCoin MUUSDTM	+0.0100%	8h	1,050.7	−0.010%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.5	−0.025%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.6	−0.019%	$835	$799	20x	as long as short
OKX MU-USDT-SWAP	+0.0102%	8h	1,050.5	−0.026%	$30.9M	$101.5M	50x	as long as short
Aevo MU-PERP	+0.0152%	1h	1,050.4	−0.032%	$32K	$1K	10x	as long as short
Bullet MU-USD	+0.0158%	1h	1,050.7	−0.006%	$26K	$396K	10x	as long as short
Bybit MUUSDT	+0.0171%	8h	1,050.9	+0.014%	$19.4M	$32.6M	100x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,050.5	−0.029%	$762K	$1.2M	10x	as long as short
tradeXYZ xyz:MUshort	+0.0187%	1h	1,050.6	−0.017%	$178.4M	$100.2M	10x
Arcus MU-USD	+0.0240%	1h	1,050.7	−0.012%	$71K	$242K	10x	as long as short
Extended MU_24_5-USD	+0.0248%	1h	1,050.1	−0.063%	$559K	$1.2M	10x	as long as short
Variational Omni MU	+0.0260%	8h	1,050.4	−0.040%	$2.7M	$2.4M	—	as long as short
Aster MUUSD1	+0.0268%	8h	1,051	+0.021%	$21.6M	$48.5M	20x	as long as short
Binance MUUSDT	+0.0272%	8h	1,050.7	−0.004%	$126.1M	$522.0M	50x	as long as short
RISEx MU/USDC	+0.0312%	1h	1,050.9	+0.010%	$316K	$340K	20x	as long as short
Phoenix MU	+0.0383%	1h	1,050.9	+0.011%	$538K	$306K	15x	as long as short
BloFin MU-USDT	+0.0392%	8h	1,050.6	−0.019%	$1.5M	$2.0M	20x	as long as short
Bitget MUUSDT	+0.0408%	8h	1,050.8	+0.002%	$20.6M	$41.6M	50x	as long as short
GRVT MU_USDT_Perp	+0.0582%	8h	1,051.5	+0.069%	$83K	$1.3M	10x	as long as short