Funding you earn now, next payment 11:00 UTC+0.0139%/8h= +15.3% APRpaid last 24h +0.013%
Price spread now: Arcus against Binance−0.055%7-day average −0.046% · 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−$25as in the Price arb table
costs, in and out, $10k−$240.237% of the position
Funding, last 4 days (all we have)+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.055%, 7d avg −0.046%
=The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUUSDT | 1,040.3 | 0 | get 0.0000% / 8h | 5h 02m | $122.2M | $554.9M | 50x |
| Short | Arcus MU-USD | 1,039.7 | 0.0139 | get 0.0017% / 1h | 2m 15s | $90K | $160K | 10x |
Binance MUUSDT
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Binance. 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
- $29.29
- Price spread: −0.055% → −0.046%
- −$0.96
- Slippage, 4 orders
- −$9.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $4.59
- Costs to cover
- 0.237%
- Break-even
- 5.9 days
Slippage from Binance: live order book, 5 min ago; Arcus: live order book, 44 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 Binance live order book, 5 min ago | 0.05 bp | 5.6 bp −$6 | 7.8 bp −$78 | 19.4 bp −$1,940 | doesn't fit |
| Sell Arcus live order book, 44 min ago | 2.94 bp | 6.7 bp −$7 | 6.8 bp −$68 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0919% | 4h | 1,040.1 | −0.015% | $1.3M | $696K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,040.4 | +0.013% | $21.2M | $73.6M | 20x | as long as short |
| Binance MUUSDTlong | 0.0000% | 8h | 1,040.3 | long leg | $122.2M | $554.9M | 50x | |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040.3 | −0.005% | $29.9M | $107.2M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,040.1 | −0.015% | $61.4M | $28.3M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,040.4 | +0.005% | $19.8M | $43.7M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,040.3 | −0.004% | $2.6M | $2.5M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,039.8 | −0.053% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,042 | +0.165% | $11K | $5.0M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040 | −0.030% | $120K | $473K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
HTX MU-USDTShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,040.2 | −0.013% | $1.1M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.063% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0037% | 1h | 1,040.1 | −0.021% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.1 | +0.075% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,039.9 | −0.038% | $169K | $163K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,040.1 | −0.023% | $684K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.1 | −0.115% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0058% | 1h | 1,040 | −0.026% | $7.0M | $19.4M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,039.8 | −0.047% | $32K | $1K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0081% | 8h | 1,040.1 | −0.018% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,040.3 | +0.004% | $152K | $228K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,039.8 | −0.047% | $5.2M | $6.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.6 | −0.071% | $71K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.2 | −0.011% | $827 | $799 | 20x | as long as short |
| Bybit MUUSDT | +0.0100% | 8h | 1,040.4 | +0.006% | $18.9M | $32.3M | 100x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0106% | 1h | 1,039.6 | −0.065% | $32K | $730K | 10x | as long as short |
| RISEx MU/USDC | +0.0118% | 1h | 1,040.3 | +0.003% | $299K | $335K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040 | −0.027% | $1.5M | $2.7M | 20x | as long as short |
| Arcus MU-USDshort | +0.0139% | 1h | 1,039.7 | −0.055% | $90K | $160K | 10x | |
| Nado MU-PERP | +0.0142% | 1h | 1,039.3 | −0.094% | $276K | $835K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0158% | 8h | 1,040.3 | −0.004% | $73K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0168% | 1h | 1,040.3 | −0.004% | $1.0M | $5.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0192% | 1h | 1,037.9 | −0.232% | $727K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0234% | 1h | 1,040 | −0.029% | $177.9M | $75.1M | 10x | as long as short |
| Bullet MU-USD | +0.0236% | 1h | 1,040.2 | −0.008% | $26K | $384K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0296% | 1h | 1,039.1 | −0.112% | $552K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,040.4 | +0.010% | $532K | $159K | 15x | as long as short |
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Aevo MU-PERP
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bybit MUUSDT
Deribit MU_USDC-PERPETUAL
RISEx MU/USDC
BloFin MU-USDT
Nado MU-PERP
GRVT MU_USDT_Perp
Lighter MU
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU