Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.031%
Price spread now: Polymarket Perps against Extended−0.010%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.246% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.010%, 7d avg −0.004%
=Together, before fees−0.071%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MU_24_5-USD | 1,042.4 | 0.0032 | pay 0.0004% / 1h | 6m 42s | $555K | $1.1M | 10x |
| Short | Polymarket Perps MU-USD | 1,042.3 | 0.0050 | get 0.0006% / 1h | 6m 42s | $169K | $203K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Extended. 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
- $3.78
- Price spread: −0.010% → −0.004%
- −$0.57
- Slippage, 4 orders
- −$11.64
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$21.43
- Costs to cover
- 0.246%
- Break-even
- 46.7 days
Slippage from Extended: live order book, 2 min ago; Polymarket Perps: live order book, 45 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, 2 min ago | 0.05 bp | 7.3 bp −$7 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 45 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 | −0.006% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,043.4 | +0.094% | $21.2M | $56.8M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,043.5 | +0.101% | $123.3M | $525.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,043.4 | +0.098% | $18.6M | $31.9M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,043.3 | +0.087% | $30.7M | $99.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,042.5 | +0.014% | $336K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,042.8 | +0.034% | $61.9M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,043.5 | +0.104% | $20.5M | $41.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,042.5 | +0.014% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,042.3 | −0.011% | $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 | −0.057% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,044.1 | +0.160% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,042.2 | −0.021% | $129K | $435K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,042.7 | +0.028% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0030% | 1h | 1,042.3 | −0.007% | $281K | $824K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,042.4 | +0.004% | $7.0M | $18.0M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,043.2 | +0.074% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.1 | +0.069% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USDlong | +0.0032% | 1h | 1,042.4 | long leg | $555K | $1.1M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.860% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0035% | 1h | 1,042.5 | +0.005% | $25K | $392K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,042.6 | +0.019% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,042.6 | +0.016% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,043 | +0.058% | $177.4M | $94.9M | 10x | as long as short |
| Polymarket Perps MU-USDshort | +0.0050% | 1h | 1,042.3 | −0.010% | $169K | $203K | 10x | |
| SoDEX MU-USD | +0.0050% | 1h | 1,042.3 | −0.014% | $684K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,043.4 | +0.098% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,041.8 | −0.060% | $1.9M | $2.3M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,041.9 | −0.050% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,042.9 | +0.052% | $147K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.8 | +0.042% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,042.1 | −0.027% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,042.2 | −0.020% | $829 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,044.6 | +0.211% | $749K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,042.5 | +0.005% | $1.5M | $2.0M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0172% | 1h | 1,042.3 | −0.011% | $73K | $490K | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,042.6 | +0.019% | $533K | $271K | 15x | as long as short |
Extended MU_24_5-USD
Polymarket Perps MU-USD
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_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Bullet MU-USD
tradeXYZ xyz:MU
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU