Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h −0.028%
Price spread now: Extended against RISEx−0.074%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$190.189% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.074%, 7d avg −0.053%
=Together, before fees−0.101%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.021% cheaper against RISEx than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.053%). If the spread goes back, that is −$2 on $10k: about 42 hours of funding at the current rate (+$1 a day). At the pace of the last 4 days (0.000% in total) that is about 9 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MU/USDC | 1,050.3 | 0 | get 0.0000% / 1h | 25m 28s | $333K | $348K | 20x |
| Short | Extended MU_24_5-USD | 1,049.6 | 0.0040 | get 0.0005% / 1h | 25m 28s | $564K | $1.1M | 10x |
RISEx MU/USDC
Extended MU_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against RISEx. 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
- $8.4
- Price spread: −0.074% → −0.053%
- −$2.1
- Slippage, 4 orders
- −$7.86
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$12.57
- Costs to cover
- 0.189%
- Break-even
- 17.5 days
Slippage from RISEx: live order book, 38 min ago; Extended: live order book, 3 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 RISEx live order book, 38 min ago | 1.05 bp | 4.0 bp −$4 | 4.4 bp −$44 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.52 bp | 7.3 bp −$7 | 10.9 bp −$109 | 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 | −0.0861% | 4h | 1,049.9 | −0.040% | $1.3M | $671K | 10x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,050.4 | +0.010% | $19.1M | $32.3M | 100x | as long as short |
| RISEx MU/USDClong | 0.0000% | 1h | 1,050.3 | long leg | $333K | $348K | 20x | |
| Gate MU_USDT | 0.0000% | 8h | 1,050.1 | −0.019% | $62.0M | $27.5M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,050.2 | −0.012% | $85K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.1 | −0.026% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.1 | +0.166% | $11K | $5.9M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,050.1 | −0.027% | $67K | $375K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050 | −0.029% | $129K | $429K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,050 | −0.029% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
Bybit MUUSDT
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MU-USDT-SWAP | +0.0021% | 8h | 1,050.3 | 0.000% | $31.0M | $99.8M | 50x | as long as short |
| QFEX MU-USD | +0.0030% | 1h | 1,050.1 | −0.021% | $7.2M | $18.1M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050 | −0.034% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.098% | $19K | $5K | 12x | as long as short |
| Extended MU_24_5-USDshort | +0.0040% | 1h | 1,049.6 | −0.074% | $564K | $1.1M | 10x | |
| Arcus MU-USD | +0.0040% | 1h | 1,050 | −0.028% | $71K | $235K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.2 | +0.078% | — | $175K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,050.3 | −0.004% | $1.1M | $4.9M | 20x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.9 | −0.041% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,050.3 | −0.008% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.8 | −0.048% | $1.9M | $2.3M | 10x | as long as short |
| Nado MU-PERP | +0.0052% | 1h | 1,050 | −0.027% | $282K | $848K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0056% | 8h | 1,050.3 | −0.002% | $2K | — | 5x | as long as short |
| tradeXYZ xyz:MU | +0.0058% | 1h | 1,049.9 | −0.041% | $178.1M | $99.2M | 10x | as long as short |
| Aster MUUSD1 | +0.0063% | 8h | 1,050.3 | −0.007% | $21.4M | $52.8M | 20x | as long as short |
| Bullet MU-USD | +0.0067% | 1h | 1,050.3 | −0.003% | $25K | $398K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,049.9 | −0.038% | $756K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.2 | −0.011% | $149K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.1 | −0.025% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,049.7 | −0.057% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.2 | −0.011% | $835 | $799 | 20x | as long as short |
| Variational Omni MU | +0.0101% | 8h | 1,050.2 | −0.016% | $2.7M | $2.4M | — | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,049.9 | −0.037% | $32K | $1K | 10x | as long as short |
| Bitget MUUSDT | +0.0119% | 8h | 1,050.4 | +0.004% | $20.6M | $41.1M | 50x | as long as short |
| Binance MUUSDT | +0.0128% | 8h | 1,050.3 | −0.002% | $126.5M | $518.7M | 50x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,050.4 | +0.006% | $537K | $271K | 15x | as long as short |
| BloFin MU-USDT | +0.0253% | 8h | 1,050.1 | −0.020% | $1.5M | $2.0M | 20x | as long as short |
OKX MU-USDT-SWAP
QFEX MU-USD
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Lighter MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Nado MU-PERP
Paradex MU-USD-PERP
tradeXYZ xyz:MU
Aster MUUSD1
Bullet MU-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Variational Omni MU
Aevo MU-PERP
Bitget MUUSDT
Binance MUUSDT
Phoenix MU
BloFin MU-USDT