MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.024%

Price spread now: Polymarket Perps against Arcus+0.060%50s7-day average −0.006% · 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—prices read too far apart to compare

costs, in and out, $10k−$340.339% of the position

Long on Arcus Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.106%−$11 on $10k

Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.060%, 7d avg −0.006%

Together, before fees−0.233%−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Polymarket Perps is 0.066% dearer against Arcus than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.006%. Mind the row above: over the last 4 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MU-USD	1,044.4	0.0040	pay 0.0005% / 1h	15m 36s	$70K	$232K	10x
Short	Polymarket Perps MU-USD	1,045	0.0050	get 0.0006% / 1h	15m 36s	$170K	$203K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Arcus. 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 ArcusbpFee Polymarket PerpsbpOrdersPrice spread, now +0.060%Rate

Funding earned: $2.04
Price spread: +0.060% → −0.006%: $6.64
Slippage, 4 orders: −$21.37
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$25.19
Costs to cover: 0.339%
Break-even: 93.4 days

Slippage from Arcus: live order book, 38 min ago; Polymarket Perps: live order book, 36 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 Arcus live order book, 38 min ago	2.38 bp	9.6 bp −$10	12.5 bp −$125	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 36 min ago	2.86 bp	7.1 bp −$7	8.0 bp −$80	9.8 bp −$976	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	−0.0649%	4h	1,044.1	−0.024%	$1.3M	$673K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,045.2	+0.084%	$21.2M	$56.6M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,045.3	+0.084%	$124.1M	$523.1M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,045.6	+0.118%	$18.7M	$31.8M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,045.2	+0.078%	$30.9M	$99.7M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,045.1	+0.074%	$337K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,044.9	+0.049%	$62.0M	$27.9M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,045.2	+0.079%	$20.5M	$41.6M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,045.2	+0.075%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,045.3	+0.093%	$83K	$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	1,044.2	−0.012%	$189K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,047.5	+0.298%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.1	+0.067%	$130K	$435K	50x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0008%	1h	1,045	+0.061%	$73K	$481K	10x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,044.5	+0.009%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,045	+0.056%	$7.0M	$18.0M	10x	as long as short
Lighter MU	+0.0032%	1h	1,044.9	+0.054%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,044.8	+0.040%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,044.4	+0.004%	$548K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.669%	$19K	$5K	12x	as long as short
Nado MU-PERP	+0.0034%	1h	1,044.8	+0.041%	$282K	$829K	10x	as long as short
Arcus MU-USDlong	+0.0040%	1h	1,044.4	long leg	$70K	$232K	10x
Bullet MU-USD	+0.0040%	1h	1,045.4	+0.094%	$26K	$392K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,045.6	+0.120%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,044.7	+0.032%	$176.8M	$95.3M	10x	as long as short
Polymarket Perps MU-USDshort	+0.0050%	1h	1,045	+0.060%	$170K	$203K	10x
SoDEX MU-USD	+0.0050%	1h	1,044.9	+0.054%	$686K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,045.1	+0.075%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,043.2	−0.109%	$1.9M	$2.2M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,044.8	+0.040%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,044.7	+0.032%	$147K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,044.6	+0.021%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,043.9	−0.050%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,044.9	+0.051%	$831	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,044.6	+0.022%	$749K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,045.3	+0.087%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0305%	1h	1,044.2	−0.016%	$534K	$271K	15x	as long as short