Funding you earn now, next payment 13:00 UTC−0.0182%/8h= −19.9% APRnext payment −$0.23 per $10,000 · paid last 24h −0.031%
Price spread now: SoDEX against Extended+0.058%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 4 days (all we have)+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.058%, 7d avg +0.026%
=Together, before fees−0.023%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.032% dearer against Extended than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of +0.026%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MU_24_5-USD | 1,031.5 | 0.0232 | pay 0.0029% / 1h | 22m 19s | $547K | $1.1M | 10x |
| Short | SoDEX MU-USD | 1,032.1 | 0.0050 | get 0.0006% / 1h | 22m 19s | $679K | $14K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$38.22
- Price spread: +0.058% → +0.026%
- $3.25
- Slippage, 4 orders
- −$18.13
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$66.1
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; SoDEX: live order book, 14 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, 4 min ago | 0.05 bp | 4.3 bp −$4 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 14 min ago | 0.05 bp | 11.8 bp −$12 | 40.4 bp −$404 | doesn't fit | doesn't fit |
MU on 37 exchanges
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 | −0.0564% | 4h | 1,033.4 | +0.186% | $1.3M | $694K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,033.1 | +0.154% | $21.1M | $76.2M | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,032.4 | +0.087% | $60.9M | $27.7M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,032.1 | +0.059% | $20.3M | $43.5M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,033.2 | +0.163% | $2.6M | $2.4M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,034.1 | +0.246% | $187K | $3.8M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,034.2 | +0.255% | $11K | $4.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,031.8 | +0.028% | $30K | $775K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,032.2 | +0.060% | $119K | $454K | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.0004% | 8h | 1,032.3 | +0.075% | $29.8M | $105.8M | 50x | as long as short |
Show all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx MU/USDC | +0.0011% | 1h | 1,032.6 | +0.101% | $296K | $313K | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,032.7 | +0.114% | $1.2M | $4.4M | 10x | as long as short |
| Binance MUUSDT | +0.0033% | 8h | 1,032.5 | +0.099% | $120.7M | $548.8M | 50x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,031.8 | +0.028% | $18K | $68K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0041% | 1h | 1,032.4 | +0.085% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,033 | +0.143% | — | $174K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,032 | +0.046% | $168K | $170K | 10x | as long as short |
| SoDEX MU-USDshort | +0.0050% | 1h | 1,032.1 | +0.058% | $679K | $14K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,031.5 | −0.006% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0063% | 1h | 1,032.2 | +0.069% | $6.9M | $19.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0069% | 8h | 1,032.6 | +0.101% | $2K | — | 5x | as long as short |
| Bybit MUUSDT | +0.0073% | 8h | 1,032.3 | +0.074% | $18.6M | $31.0M | 100x | as long as short |
| Aevo MU-PERP | +0.0088% | 1h | 1,032.1 | +0.052% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,032.5 | +0.092% | $150K | $211K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,032.2 | +0.069% | $5.2M | $7.7M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.1 | +0.156% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,032.3 | +0.072% | $821 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0114% | 8h | 1,033 | +0.140% | $1.5M | $2.8M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0130% | 1h | 1,031.9 | +0.036% | $175.8M | $67.5M | 10x | as long as short |
| Nado MU-PERP | +0.0152% | 1h | 1,031.7 | +0.019% | $271K | $828K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0160% | 8h | 1,033.9 | +0.233% | $84K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0160% | 1h | 1,031.6 | +0.008% | $722K | $1.2M | 10x | as long as short |
| Lighter MU | +0.0184% | 1h | 1,032.6 | +0.100% | $1.1M | $5.0M | 20x | as long as short |
| Arcus MU-USD | +0.0210% | 1h | 1,032.1 | +0.058% | $90K | $166K | 10x | as long as short |
| Bullet MU-USD | +0.0232% | 1h | 1,032.3 | +0.077% | $25K | $384K | 10x | as long as short |
| Extended MU_24_5-USDlong | +0.0232% | 1h | 1,031.5 | long leg | $547K | $1.1M | 10x | |
| Phoenix MU | +0.0310% | 1h | 1,033.9 | +0.230% | $529K | $159K | 15x | as long as short |
Extended MU_24_5-USD
SoDEX MU-USD
edgeX MUUSDC
Aster MUUSD1
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Lighter RH MU
Binance MUUSDT
Injective MU/USDC PERP
Aftermath Perps MUUSD
Polymarket Perps MU-USD
Paradex MU-USD-PERP
Bybit MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
tradeXYZ xyz:MU
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Lighter MU
Bullet MU-USD
Phoenix MU