Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.023%
Price spread now: Arcus against SoDEX−0.051%7-day average −0.022% · 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−$46as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 3 days (all we have)+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.051%, 7d avg −0.022%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Arcus is 0.029% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.022%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.053%, 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 | SoDEX MU-USD | 1,052.3 | 0.0050 | pay 0.0006% / 1h | 10m 09s | $691K | $16K | 10x |
| Short | Arcus MU-USD | 1,051.7 | 0.0040 | get 0.0005% / 1h | 10m 09s | $71K | $234K | 10x |
SoDEX MU-USD
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against SoDEX. 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
- −$2.04
- Price spread: −0.051% → −0.022%
- −$2.92
- Slippage, 4 orders
- −$30.93
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$48.39
- Costs to cover
- 0.434%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 49 min ago; Arcus: live order book, 48 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 SoDEX live order book, 49 min ago | 0.05 bp | 11.7 bp −$12 | 39.4 bp −$394 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 48 min ago | 3.42 bp | 11.7 bp −$12 | 14.7 bp −$147 | 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 | −0.0084% | 4h | 1,051.4 | −0.080% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,052.5 | +0.021% | $21.4M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.4 | +0.010% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.5 | +0.017% | $340K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.2 | −0.007% | $62.3M | $27.5M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,051.9 | −0.033% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,051.7 | −0.057% | $81K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.9 | −0.036% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.7 | +0.042% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,052 | −0.023% | $72K | $444K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,052.2 | −0.007% | $131K | $434K | 50x | as long as short |
| Bybit MUUSDT | +0.0018% | 8h | 1,052.5 | +0.020% | $19.1M | $32.3M | 100x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,051.9 | −0.038% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.3 | −0.003% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.5 | −0.069% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.087% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.2 | −0.010% | $7.1M | $17.8M | 10x | as long as short |
| Binance MUUSDT | +0.0036% | 8h | 1,052.4 | +0.007% | $126.6M | $516.3M | 50x | as long as short |
| Arcus MU-USDshort | +0.0040% | 1h | 1,051.7 | −0.051% | $71K | $234K | 10x | |
| Nado MU-PERP | +0.0045% | 1h | 1,052 | −0.025% | $282K | $836K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.5 | +0.113% | — | $176K | 25x | as long as short |
| Bullet MU-USD | +0.0048% | 1h | 1,052.5 | +0.017% | $26K | $395K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052 | −0.027% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USDlong | +0.0050% | 1h | 1,052.3 | long leg | $691K | $16K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051 | −0.118% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,052.3 | +0.004% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.4 | +0.010% | $1.1M | $5.1M | 20x | as long as short |
| Bitget MUUSDT | +0.0063% | 8h | 1,052.3 | +0.005% | $20.5M | $41.1M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0070% | 1h | 1,052.1 | −0.017% | $178.8M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.9 | +0.058% | $759K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0088% | 1h | 1,051.9 | −0.039% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.3 | +0.001% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.1 | −0.015% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051 | −0.120% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.3 | −0.001% | $837 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0151% | 8h | 1,052.4 | +0.012% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,051.9 | −0.036% | $538K | $271K | 15x | as long as short |
HTX MU-USDT
Bybit MUUSDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
QFEX MU-USD
Binance MUUSDT
Nado MU-PERP
Vest MU-USD-PERP
Bullet MU-USD
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Bitget MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU