Funding you earn now, next payment 07:00 UTC−0.0379%/8h= −41.5% APRpaid last 24h −0.015%
Price spread now: edgeX against Pacifica−0.079%52s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs+$39as 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−$290.290% of the position
Funding, last 7 days+0.679%+$68 on $10k
+Price spread, last 4 days (all we have)+0.324%+$32 · spread now −0.079%, 7d avg +0.033%
=Together, before fees+1.003%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$100 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and edgeX is 0.112% cheaper against Pacifica than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.033%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.679%, so the current rate has only just turned against you. 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 | Pacifica MU | 1,039.1 | 0.0100 | pay 0.0013% / 1h | 18m 32s | $147K | $190K | 10x |
| Short | edgeX MUUSDC | 1,038.3 | −0.0279 | pay 0.0140% / 4h | 1h 18m | $1.3M | $672K | 10x |
Pacifica MU
edgeX MUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Pacifica. 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
- −$79.63
- Price spread: −0.079% → +0.033%
- −$11.23
- Slippage, 4 orders
- −$11.99
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$119.85
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 24 min ago; edgeX: live order book, just now.
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 Pacifica live order book, 24 min ago | 2.90 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, just now | 0.29 bp | 4.9 bp −$5 | 6.6 bp −$66 | 28.4 bp −$2,836 | 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 MUUSDCshort | −0.0279% | 4h | 1,038.3 | −0.079% | $1.3M | $672K | 10x | |
| Bitget MUUSDT | −0.0178% | 8h | 1,038.9 | −0.025% | $20.2M | $40.4M | 50x | as long as short |
| Nado MU-PERP | −0.0008% | 1h | 1,038.4 | −0.073% | $279K | $815K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,039.6 | +0.049% | $21.1M | $60.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,039.1 | +0.002% | $122.0M | $538.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,039.1 | −0.004% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,039 | −0.014% | $29.8M | $100.2M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,039.3 | +0.017% | $314K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.9 | −0.018% | $61.6M | $28.6M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,039.2 | +0.011% | $2.5M | $2.6M | — | as long as short |
Bitget MUUSDT
Nado MU-PERP
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.8 | −0.027% | $84K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,039.7 | +0.055% | $188K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,038.5 | −0.056% | $25K | $390K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040.2 | +0.107% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.4 | −0.072% | $74K | $570K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.3 | −0.080% | $128K | $441K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0013% | 1h | 1,038.3 | −0.078% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,039.3 | +0.013% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,039.1 | −0.003% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038.5 | −0.059% | $537K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,039.1 | −0.005% | $7.0M | $18.7M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.179% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,038.3 | −0.081% | $90K | $250K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,039 | −0.007% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.9 | −0.020% | $176.5M | $86.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.5 | −0.059% | $169K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.5 | −0.064% | $682K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,038.5 | −0.056% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,039.2 | +0.009% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.3 | −0.080% | $32K | $1K | 10x | as long as short |
| Pacifica MUlong | +0.0100% | 1h | 1,039.1 | long leg | $147K | $190K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.8 | −0.028% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.3 | +0.017% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.5 | −0.064% | $826 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | −0.297% | $731K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.7 | −0.038% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,038.9 | −0.020% | $531K | $270K | 15x | as long as short |
GRVT MU_USDT_Perp
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU