Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.026%
Price spread now: Injective against Pacifica+0.418%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Injective is 0.418% dearer against Pacifica than usual: you sell high and buy low (spread +0.418% now, against zero (this spread has no 7-day history yet)): +$42 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MU | 1,046.3 | 0.0100 | pay 0.0013% / 1h | 46m 14s | $153K | $182K | 10x |
| Short | Injective MU/USDC PERP | 1,050.7 | 0.0033 | get 0.0004% / 1h | 46m 14s | $14K | $302 | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +0.418% → 0.000%
- $41.79
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $19.77
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, 32 min ago; Injective: no order-book sample. Net counts fees only.
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, 32 min ago | 3.55 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0477% | 4h | 1,045.5 | −0.083% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,046.2 | −0.018% | $63.1M | $29.0M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.1 | −0.118% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,048.5 | +0.208% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.9 | −0.040% | $124K | $446K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,046.2 | −0.010% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERPshort | +0.0033% | 1h | 1,050.7 | +0.418% | $14K | $302 | 12x | |
| Aftermath Perps MUUSD | +0.0035% | 1h | 1,044.9 | −0.137% | $3K | $45K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.1 | −0.021% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,046 | −0.032% | $166K | $197K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.6 | −0.163% | $2.0M | $2.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0080% | 8h | 1,046.3 | −0.005% | $30.8M | $105.2M | 50x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,046.3 | 0.000% | $7.8M | $23.9M | 10x | as long as short |
| Pacifica MUlong | +0.0100% | 1h | 1,046.3 | long leg | $153K | $182K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.5 | −0.080% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.9 | −0.044% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,046.4 | +0.005% | $832 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0136% | 8h | 1,046.4 | +0.002% | $20.5M | $43.6M | 50x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,046.2 | −0.014% | $33K | — | 10x | as long as short |
| SoDEX MU-USD | +0.0143% | 1h | 1,046.4 | +0.001% | $687K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0157% | 8h | 1,046.2 | −0.012% | $2K | — | 5x | as long as short |
| Aster MUUSD1 | +0.0164% | 8h | 1,046.6 | +0.022% | $21.6M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0189% | 8h | 1,045.5 | −0.081% | $2.6M | $2.5M | — | as long as short |
| Lighter MU | +0.0200% | 1h | 1,046.2 | −0.011% | $1.0M | $4.8M | 20x | as long as short |
| Binance MUUSDT | +0.0211% | 8h | 1,046.5 | +0.016% | $124.9M | $533.1M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,045.7 | −0.063% | $756K | $1.4M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0253% | 8h | 1,045.7 | −0.057% | $77K | $1.4M | 10x | as long as short |
| Bullet MU-USD | +0.0257% | 1h | 1,046.4 | +0.006% | $25K | $396K | 10x | as long as short |
| Nado MU-PERP | +0.0260% | 1h | 1,045.5 | −0.076% | $270K | $875K | 10x | as long as short |
| Bybit MUUSDT | +0.0285% | 8h | 1,046.6 | +0.025% | $19.2M | $32.6M | 100x | as long as short |
| tradeXYZ xyz:MU | +0.0312% | 1h | 1,046.1 | −0.023% | $176.8M | $105.6M | 10x | as long as short |
| BloFin MU-USDT | +0.0329% | 8h | 1,046.4 | +0.001% | $1.4M | $2.0M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0362% | 1h | 1,046.1 | −0.022% | $62K | $258K | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,045.9 | −0.042% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.8 | −0.048% | $74K | $240K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,046.7 | +0.034% | $317K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0720% | 1h | 1,045.3 | −0.104% | $540K | $1.1M | 10x | as long as short |
Pacifica MU
Injective MU/USDC PERP
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Aftermath Perps MUUSD
Polymarket Perps MU-USD
OKX MU-USDT-SWAP
KuCoin MUUSDTM
ApeX Omni MUUSDT
Bitget MUUSDT
SoDEX MU-USD
Paradex MU-USD-PERP
Aster MUUSD1
Variational Omni MU
Lighter MU
Binance MUUSDT
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Bullet MU-USD
Bybit MUUSDT
tradeXYZ xyz:MU
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU
RISEx MU/USDC
Extended MU_24_5-USD