MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.056%

Price spread now: RISEx against Polymarket Perps+0.019%7-day average +0.055% · 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−$26as in the Price arb table

costs, in and out, $10k−$230.229% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.016%+$2 on $10k

Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.019%, 7d avg +0.055%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and RISEx is 0.036% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.055%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MU-USD	1,045.6	0.0050	pay 0.0006% / 1h	37m 11s	$170K	$203K	10x
Short	RISEx MU/USDC	1,045.8	0	get 0.0000% / 1h	37m 11s	$338K	$353K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Polymarket Perps. 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 Polymarket PerpsbpFee RISExbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$10.5
Price spread: +0.019% → +0.055%: −$3.55
Slippage, 4 orders: −$8.89
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$36.94
Costs to cover: 0.229%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 15 min ago; RISEx: live order book, 16 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 Polymarket Perps live order book, 15 min ago	2.86 bp	6.9 bp −$7	8.0 bp −$80	9.3 bp −$932	doesn't fit
Sell RISEx live order book, 16 min ago	1.48 bp	4.5 bp −$4	5.8 bp −$58	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	−0.0636%	4h	1,045.9	+0.032%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,046	+0.038%	$21.2M	$56.3M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,046	+0.041%	$125.0M	$518.8M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,046.3	+0.065%	$18.8M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,046	+0.034%	$31.1M	$99.7M	50x	as long as short
RISEx MU/USDCshort	0.0000%	1h	1,045.8	+0.019%	$338K	$353K	20x
Gate MU_USDT	0.0000%	8h	1,045.6	+0.002%	$62.1M	$27.7M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,046.1	+0.047%	$20.4M	$41.4M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,047.2	+0.155%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,045.8	+0.018%	$81K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,045.5	−0.014%	$189K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,046.3	+0.070%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.6	+0.001%	$130K	$432K	50x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,046.4	+0.073%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,045.6	−0.004%	$7.0M	$17.8M	10x	as long as short
Lighter MU	+0.0032%	1h	1,046	+0.033%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,046	+0.034%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,045.4	−0.020%	$550K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.551%	$19K	$5K	12x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0037%	1h	1,045.7	+0.007%	$73K	$469K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,046.1	+0.051%	$71K	$233K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,046.3	+0.069%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,045.5	−0.010%	$177.1M	$96.5M	10x	as long as short
Polymarket Perps MU-USDlong	+0.0050%	1h	1,045.6	long leg	$170K	$203K	10x
SoDEX MU-USD	+0.0050%	1h	1,045.7	+0.005%	$686K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,045	−0.062%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,045.7	+0.013%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0053%	1h	1,045.3	−0.029%	$281K	$828K	10x	as long as short
Bullet MU-USD	+0.0064%	1h	1,046	+0.034%	$25K	$394K	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,045.5	−0.010%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.6	−0.003%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.6	+0.002%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,045.4	−0.019%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.8	+0.018%	$831	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,050	+0.424%	$757K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,046.3	+0.062%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0305%	1h	1,045.6	0.000%	$535K	$271K	15x	as long as short