MU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.07 per $10,000 · paid last 24h −0.015%

Price spread now: ApeX Omni against Extended+0.159%52s7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$410.412% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.159%, 7d avg +0.040%

Together, before fees−0.169%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.119% dearer against Extended than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.040%. The two prices were read 52 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	Extended MU_24_5-USD	1,049.1	0.0040	pay 0.0005% / 1h	48m 36s	$564K	$1.1M	10x
Short	ApeX Omni MUUSDT	1,050.8	0.0100	get 0.0013% / 1h	48m 36s	$71K	$268K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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 ExtendedbpFee ApeX OmnibpOrdersPrice spread, now +0.159%Rate

Funding earned: $12.6
Price spread: +0.159% → +0.040%: $11.89
Slippage, 4 orders: −$26.24
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$16.75
Costs to cover: 0.412%
Break-even: 16.3 days

Slippage from Extended: live order book, 5 min ago; ApeX Omni: live order book, 13 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 Extended live order book, 5 min ago	0.14 bp	4.1 bp −$4	11.9 bp −$119	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 13 min ago	6.23 bp	16.4 bp −$16	189.4 bp −$1,894	doesn't fit	doesn't fit

MU on 36 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	−0.0504%	4h	1,050.4	+0.122%	$1.3M	$671K	10x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050	+0.085%	$333K	$349K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,049.7	+0.055%	$62.0M	$27.4M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,050.1	+0.094%	$190K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,051.7	+0.248%	$11K	$5.9M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,049.7	+0.054%	$129K	$427K	50x	as long as short
Bybit MUUSDT	+0.0017%	8h	1,050.2	+0.105%	$19.2M	$32.4M	100x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,049.9	+0.072%	$3K	$44K	10x	as long as short
GRVT MU_USDT_Perp	+0.0024%	8h	1,050.8	+0.157%	$79K	$1.3M	10x	as long as short
QFEX MU-USD	+0.0030%	1h	1,049.6	+0.043%	$7.3M	$18.4M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH MU	+0.0032%	1h	1,049.5	+0.034%	$1.2M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.212%	$19K	$5K	12x	as long as short
Extended MU_24_5-USDlong	+0.0040%	1h	1,049.1	long leg	$564K	$1.1M	10x
Arcus MU-USD	+0.0040%	1h	1,050	+0.086%	$71K	$235K	10x	as long as short
OKX MU-USDT-SWAP	+0.0041%	8h	1,049.9	+0.074%	$31.0M	$100.0M	50x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,050.7	+0.144%	—	$175K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,049.6	+0.044%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,049.9	+0.071%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,048.9	−0.019%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0059%	8h	1,049.9	+0.068%	$2K	—	5x	as long as short
Lighter MU	+0.0088%	1h	1,049.5	+0.033%	$1.1M	$4.8M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	+0.077%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,049.8	+0.062%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050	+0.085%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDTshort	+0.0100%	1h	1,050.8	+0.159%	$71K	$268K	50x
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050	+0.081%	$835	$799	20x	as long as short
Nado MU-PERP	+0.0104%	1h	1,049.7	+0.050%	$280K	$849K	10x	as long as short
Aster MUUSD1	+0.0108%	8h	1,050.2	+0.101%	$21.4M	$52.1M	20x	as long as short
Aevo MU-PERP	+0.0120%	1h	1,049.6	+0.046%	$32K	$1K	10x	as long as short
tradeXYZ xyz:MU	+0.0121%	1h	1,049.4	+0.025%	$178.1M	$99.2M	10x	as long as short
Variational Omni MU	+0.0144%	8h	1,050.4	+0.124%	$2.7M	$2.3M	—	as long as short
Bullet MU-USD	+0.0158%	1h	1,050.1	+0.092%	$26K	$397K	10x	as long as short
Binance MUUSDT	+0.0163%	8h	1,049.9	+0.074%	$126.5M	$520.0M	50x	as long as short
Bitget MUUSDT	+0.0165%	8h	1,050	+0.080%	$20.6M	$41.2M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.2	+0.102%	$537K	$271K	15x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0265%	1h	1,050	+0.084%	$66K	$355K	10x	as long as short