MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0151%/8h= −16.5% APRnext payment −$0.19 per $10,000 · paid last 24h −0.029%

Price spread now: Polymarket Perps against Deribit−0.019%7-day average −0.021% · 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−$40as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on Deribit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.026%−$3 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.019%, 7d avg −0.021%

Together, before fees+0.013%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MU_USDC-PERPETUAL	1,043.5	0.0201	pay 0.0025% / 1h	6m 21s	$73K	$490K	10x
Short	Polymarket Perps MU-USD	1,043.3	0.0050	get 0.0006% / 1h	6m 21s	$169K	$203K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Deribit. 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 DeribitbpFee Polymarket PerpsbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$31.63
Price spread: −0.019% → −0.021%: $0.23
Slippage, 4 orders: −$25.6
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$72
Costs to cover: 0.406%
Break-even: never at this rate

Slippage from Deribit: live order book, 47 min ago; Polymarket Perps: live order book, 46 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, 47 min ago	4.53 bp	17.6 bp −$18	20.5 bp −$205	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 46 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	−0.0615%	4h	1,042.3	−0.111%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,043.8	+0.029%	$21.2M	$56.8M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,043.6	+0.005%	$123.3M	$525.3M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,043.5	+0.003%	$18.6M	$31.9M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,043.3	−0.018%	$30.7M	$99.7M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,043.5	−0.002%	$337K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.4	−0.009%	$62.0M	$28.0M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,043.6	+0.010%	$20.5M	$41.6M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,042.5	−0.092%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,042.3	−0.116%	$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	1,041.8	−0.162%	$188K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,045.4	+0.181%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,042.2	−0.126%	$129K	$435K	50x	as long as short
Aftermath Perps MUUSD	+0.0023%	1h	1,042.9	−0.058%	$3K	$44K	10x	as long as short
Nado MU-PERP	+0.0031%	1h	1,042.8	−0.070%	$281K	$824K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,043.2	−0.030%	$7.0M	$18.0M	10x	as long as short
Lighter MU	+0.0032%	1h	1,043.2	−0.032%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.1	−0.036%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,042.7	−0.079%	$555K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.753%	$19K	$5K	12x	as long as short
Bullet MU-USD	+0.0037%	1h	1,043.6	+0.010%	$26K	$392K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,042.6	−0.086%	$70K	$232K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,043.3	−0.017%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,043.3	−0.019%	$177.4M	$94.9M	10x	as long as short
Polymarket Perps MU-USDshort	+0.0050%	1h	1,043.3	−0.019%	$169K	$203K	10x
SoDEX MU-USD	+0.0050%	1h	1,043	−0.048%	$684K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,043.4	−0.007%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,041.8	−0.166%	$1.9M	$2.3M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,043	−0.051%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,042.9	−0.054%	$147K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043.2	−0.027%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,042.1	−0.132%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.4	−0.010%	$830	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,044.6	+0.105%	$749K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,042.5	−0.101%	$1.5M	$2.0M	20x	as long as short
Deribit MU_USDC-PERPETUALlong	+0.0201%	1h	1,043.5	long leg	$73K	$490K	10x
Phoenix MU	+0.0305%	1h	1,042.6	−0.086%	$533K	$271K	15x	as long as short