Funding you earn now, next payment 01:00 UTC−0.0111%/8h= −12.1% APRpaid last 24h +0.004%
Price spread now: ApeX Omni against Bybit−0.096%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$550.547% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.096%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.094% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.002%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.066%, 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 | Bybit MUUSDT | 1,051.9 | 0.0211 | pay 0.0211% / 8h | 7h 21m | $19.5M | $32.7M | 100x |
| Short | ApeX Omni MUUSDT | 1,050.9 | 0.0100 | get 0.0013% / 1h | 21m 35s | $71K | $267K | 50x |
Bybit MUUSDT
ApeX Omni MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bybit. 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
- −$23.26
- Price spread: −0.096% → −0.002%
- −$9.42
- Slippage, 4 orders
- −$33.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$87.4
- Costs to cover
- 0.547%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; ApeX Omni: live order book, 50 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 Bybit live order book, 2 min ago | 0.19 bp | 8.4 bp −$8 | 12.5 bp −$125 | 46.4 bp −$4,636 | doesn't fit |
| Sell ApeX Omni live order book, 50 min ago | 7.41 bp | 19.7 bp −$20 | 176.7 bp −$1,767 | 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 | −0.0574% | 4h | 1,050.5 | −0.134% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,051.1 | −0.080% | $62.8M | $29.0M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.3 | −0.153% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.8 | +0.082% | $11K | $6.2M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050.6 | −0.124% | $130K | $424K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,050.5 | −0.136% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.7 | −0.112% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.052% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.8 | −0.010% | — | $179K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,050.9 | −0.095% | $1.1M | $4.8M | 20x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERP
Lighter MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.2 | −0.067% | $171K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,050.1 | −0.171% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,051 | −0.089% | $7.7M | $21.9M | 10x | as long as short |
| Nado MU-PERP | +0.0086% | 1h | 1,050.9 | −0.092% | $274K | $858K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0091% | 8h | 1,050.9 | −0.099% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.6 | −0.127% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.5 | −0.135% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDTshort | +0.0100% | 1h | 1,050.9 | −0.096% | $71K | $267K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.9 | −0.095% | $835 | $799 | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0105% | 8h | 1,051.5 | −0.038% | $30.9M | $101.8M | 50x | as long as short |
| SoDEX MU-USD | +0.0107% | 1h | 1,051 | −0.083% | $690K | $16K | 10x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,050.8 | −0.106% | $32K | $1K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0178% | 1h | 1,050.8 | −0.103% | $64K | $305K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,048.4 | −0.337% | $759K | $1.2M | 10x | as long as short |
| Bybit MUUSDTlong | +0.0211% | 8h | 1,051.9 | long leg | $19.5M | $32.7M | 100x | |
| Bullet MU-USD | +0.0214% | 1h | 1,051.3 | −0.058% | $25K | $395K | 10x | as long as short |
| Variational Omni MU | +0.0224% | 8h | 1,051.7 | −0.025% | $2.7M | $2.4M | — | as long as short |
| Binance MUUSDT | +0.0239% | 8h | 1,051.5 | −0.040% | $126.1M | $522.1M | 50x | as long as short |
| Aster MUUSD1 | +0.0240% | 8h | 1,050.4 | −0.144% | $21.6M | $48.3M | 20x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,050.8 | −0.105% | $71K | $243K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0240% | 1h | 1,050.6 | −0.125% | $178.4M | $100.3M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,051.5 | −0.042% | $316K | $339K | 20x | as long as short |
| BloFin MU-USDT | +0.0356% | 8h | 1,051.1 | −0.077% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0376% | 1h | 1,050.5 | −0.136% | $566K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,051.2 | −0.067% | $538K | $306K | 15x | as long as short |
| Bitget MUUSDT | +0.0385% | 8h | 1,051.2 | −0.065% | $20.6M | $41.6M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0550% | 8h | 1,051.5 | −0.039% | $83K | $1.3M | 10x | as long as short |
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Nado MU-PERP
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
OKX MU-USDT-SWAP
SoDEX MU-USD
Aevo MU-PERP
Deribit MU_USDC-PERPETUAL
Coinbase International MU-PERP-INTX
Bullet MU-USD
Variational Omni MU
Binance MUUSDT
Aster MUUSD1
Arcus MU-USD
tradeXYZ xyz:MU
RISEx MU/USDC
BloFin MU-USDT
Extended MU_24_5-USD
Phoenix MU
Bitget MUUSDT
GRVT MU_USDT_Perp