Funding you earn now, next payment 05:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against Deribit−0.063%7-day average −0.018% · 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−$39as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 4 days (all we have)−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.063%, 7d avg −0.018%
=Together, before fees+0.041%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.044% cheaper against Deribit than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.018%). If the spread goes back, that is −$4 on $10k: about 6.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MU_USDC-PERPETUAL | 1,045 | 0.0008 | pay 0.0001% / 1h | 15m 49s | $73K | $481K | 10x |
| Short | Extended MU_24_5-USD | 1,044.4 | 0.0032 | get 0.0004% / 1h | 15m 49s | $548K | $1.1M | 10x |
Deribit MU_USDC-PERPETUAL
Extended MU_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Deribit. 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
- $4.95
- Price spread: −0.063% → −0.018%
- −$4.42
- Slippage, 4 orders
- −$22.12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$33.59
- Costs to cover
- 0.341%
- Break-even
- 54.5 days
Slippage from Deribit: live order book, 38 min ago; Extended: live order book, 2 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 Deribit live order book, 38 min ago | 4.53 bp | 17.6 bp −$18 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.05 bp | 3.5 bp −$4 | 7.6 bp −$76 | 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 | −0.0350% | 4h | 1,044.9 | −0.007% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,045 | 0.000% | $21.2M | $56.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,045.1 | +0.011% | $124.1M | $523.0M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,045.3 | +0.024% | $18.7M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,045 | −0.002% | $30.9M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.5 | +0.042% | $337K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,044.9 | −0.011% | $62.0M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,045.1 | +0.005% | $20.5M | $41.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,045.2 | +0.014% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,044.9 | −0.009% | $79K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow 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 | −0.074% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.5 | +0.236% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.1 | +0.006% | $130K | $435K | 50x | as long as short |
| Deribit MU_USDC-PERPETUALlong | +0.0008% | 1h | 1,045 | long leg | $73K | $481K | 10x | |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,044.5 | −0.053% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045.2 | +0.016% | $7.0M | $18.0M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,044.9 | −0.008% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,044.8 | −0.021% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USDshort | +0.0032% | 1h | 1,044.4 | −0.063% | $548K | $1.1M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.608% | $19K | $5K | 12x | as long as short |
| Nado MU-PERP | +0.0034% | 1h | 1,044.8 | −0.020% | $282K | $829K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,044.1 | −0.083% | $70K | $232K | 10x | as long as short |
| Bullet MU-USD | +0.0040% | 1h | 1,045.4 | +0.033% | $26K | $392K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.6 | +0.058% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,044.7 | −0.030% | $176.8M | $95.3M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045 | −0.001% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,044.9 | −0.008% | $686K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,045.6 | +0.053% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,043.2 | −0.170% | $1.9M | $2.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,044.8 | −0.021% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.1 | +0.005% | $147K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,044.7 | −0.033% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.9 | −0.111% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,044.9 | −0.011% | $831 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,044.6 | −0.039% | $749K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,045.3 | +0.026% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,044.2 | −0.078% | $534K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Nado MU-PERP
Arcus MU-USD
Bullet MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Ondo Perps MU-USD.P
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU