MU

Alert: funding

Alert: spread

Funding you earn now, next payment 19:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.002%

Price spread now: Injective against Polymarket Perps−0.795%7-day average +1.772% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$7 on $10k

Price spread, last 4 days (all we have)+0.550%+$55 · spread now −0.795%, 7d avg +1.772%

Together, before fees+0.485%+$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 2.568% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$257 if the spread goes back to its 7-day average of +1.772%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MU-USD	1,089	0.0050	pay 0.0006% / 1h	5m 24s	$188K	$334K	10x
Short	Injective MU/USDC PERP	1,080.3	0.0033	get 0.0004% / 1h	5m 24s	$14K	$136K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Polymarket PerpsbpFee InjectivebpOrdersPrice spread, now −0.795%Rate

Funding earned: −$3.5
Price spread: −0.795% → +1.772%: −$256.76
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$268.28
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 65 min ago; Injective: no order-book sample. Net counts fees only.

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 Polymarket Perps live order book, 65 min ago	3.23 bp	8.1 bp −$8	8.2 bp −$82	10.0 bp −$1,004	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MU on 37 exchanges

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
Aster MUUSD1	0.0000%	8h	1,089.8	+0.075%	$22.1M	$61.6M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,089.5	+0.042%	$218.8M	$713.4M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,089.4	+0.033%	$21.2M	$43.9M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,089.4	+0.038%	$38.6M	$142.5M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,089.6	+0.059%	$225K	$251K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,088.7	−0.026%	$71.0M	$29.4M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,089.4	+0.037%	$30.3M	$57.9M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,088.8	−0.016%	$2.5M	$2.8M	—	as long as short
SunX MU-USDT	0.0000%	8h	1,090.8	+0.169%	$11K	$1.5M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,089	+0.004%	$131K	$514K	50x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MU-USD	+0.0020%	1h	1,089.3	+0.027%	$7.8M	$22.3M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,088.8	−0.019%	$1.3M	$4.8M	10x	as long as short
Injective MU/USDC PERPshort	+0.0033%	1h	1,080.3	−0.795%	$14K	$136K	12x
Extended MU_24_5-USD	+0.0040%	1h	1,088.5	−0.045%	$627K	$1.3M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,089.2	+0.019%	$90K	$113K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,090.1	+0.096%	—	$322K	25x	as long as short
Polymarket Perps MU-USDlong	+0.0050%	1h	1,089	long leg	$188K	$334K	10x
SoDEX MU-USD	+0.0050%	1h	1,089.4	+0.040%	$718K	$19K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,088	−0.089%	$2.6M	$5.4M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,089.3	+0.028%	$33K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0088%	1h	1,089.3	+0.026%	$807K	$1.4M	10x	as long as short
tradeXYZ xyz:MU	+0.0088%	1h	1,088.7	−0.028%	$163.4M	$88.7M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,088.6	−0.035%	$162K	$233K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,088.8	−0.023%	$5.3M	$10.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,090.1	+0.102%	$68K	$272K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,089.8	+0.071%	$704	$533	20x	as long as short
StandX MU-USD	+0.0111%	1h	1,089	0.000%	$196K	$5.3M	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,089.6	+0.055%	$2.0M	$3.2M	20x	as long as short
Lighter MU	+0.0128%	1h	1,089.5	+0.045%	$1.1M	$5.1M	20x	as long as short
Paradex MU-USD-PERP	+0.0129%	8h	1,089	0.000%	$2K	—	5x	as long as short
GRVT MU_USDT_Perp	+0.0147%	8h	1,090.3	+0.116%	$70K	$1.1M	10x	as long as short
Phoenix MU	+0.0148%	1h	1,088.9	−0.009%	$551K	$150K	15x	as long as short
Aftermath Perps MUUSD	+0.0166%	1h	1,088.9	−0.006%	$3K	$39K	10x	as long as short
Nado MU-PERP	+0.0213%	1h	1,089.5	+0.045%	$389K	$469K	10x	as long as short
Bullet MU-USD	+0.0238%	1h	1,089.4	+0.037%	$15K	$390K	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0264%	1h	1,089.1	+0.009%	$6K	$804K	10x	as long as short
edgeX MUUSDC	+0.0926%	4h	1,090.5	+0.135%	$1.2M	$696K	10x	as long as short