Funding you earn now, next payment 02:00 UTC+0.0407%/8h= +44.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.038%
Price spread now: RISEx against Pacifica+0.016%57s7-day average +0.041% · 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—prices read too far apart to compare
costs, in and out, $10k−$260.261% of the position
Funding, last 3 days (all we have)+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.016%, 7d avg +0.041%
=Together, before fees+0.050%+ Points / potential airdropPacifica: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.025% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.041%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$12 a day). At the pace of the last 3 days (+0.008% in total) that is about 11 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.008% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MU | 1,048.9 | 0.0100 | pay 0.0013% / 1h | 35m 43s | $148K | $186K | 10x |
| Short | RISEx MU/USDC | 1,049.1 | 0.0507 | get 0.0063% / 1h | 35m 43s | $333K | $348K | 20x |
Pacifica MU
RISEx MU/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $85.52
- Price spread: +0.016% → +0.041%
- −$2.52
- Slippage, 4 orders
- −$12.06
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $56.95
- Costs to cover
- 0.261%
- Break-even
- 2.3 days
Slippage from Pacifica: live order book, 32 min ago; RISEx: live order book, 33 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 Pacifica live order book, 32 min ago | 2.66 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 33 min ago | 1.71 bp | 4.7 bp −$5 | 5.1 bp −$51 | doesn't fit | 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 | −0.0949% | 4h | 1,048.4 | −0.043% | $1.3M | $671K | 10x | as long as short |
| Nado MU-PERP | −0.0007% | 1h | 1,048.4 | −0.049% | $274K | $858K | 10x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,049.3 | +0.034% | $19.2M | $32.6M | 100x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.2 | +0.033% | $62.1M | $27.6M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.7 | −0.015% | $190K | $3.4M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,049.2 | +0.031% | $26K | $395K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,050.2 | +0.124% | $11K | $6.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,049 | +0.008% | $66K | $329K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,049.1 | +0.017% | $129K | $430K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0021% | 1h | 1,048.6 | −0.029% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
Nado MU-PERP
Bybit MUUSDT
Gate MU_USDT
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MU | +0.0032% | 1h | 1,048.9 | +0.004% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.2 | +0.024% | $1.1M | $4.2M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048.6 | −0.031% | $567K | $1.2M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,048.6 | −0.033% | $7.5M | $20.1M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,048.7 | −0.018% | $71K | $237K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,049.8 | +0.088% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,049 | +0.010% | $178.1M | $99.9M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.9 | 0.000% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,048.9 | 0.000% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.4 | −0.047% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0068% | 8h | 1,048.7 | −0.020% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAP | +0.0069% | 8h | 1,049 | +0.009% | $30.8M | $100.7M | 50x | as long as short |
| Pacifica MUlong | +0.0100% | 1h | 1,048.9 | long leg | $148K | $186K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.1 | +0.015% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,048.6 | −0.025% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,049 | +0.008% | $834 | $799 | 20x | as long as short |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.235% | $19K | $5K | 12x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0128% | 1h | 1,048.1 | −0.078% | $759K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,048.9 | 0.000% | $32K | $1K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0158% | 8h | 1,049 | +0.007% | $81K | $1.3M | 10x | as long as short |
| Aster MUUSD1 | +0.0200% | 8h | 1,049.2 | +0.029% | $21.6M | $50.1M | 20x | as long as short |
| Variational Omni MU | +0.0204% | 8h | 1,049.1 | +0.019% | $2.7M | $2.4M | — | as long as short |
| Binance MUUSDT | +0.0218% | 8h | 1,049 | +0.012% | $126.8M | $524.9M | 50x | as long as short |
| Bitget MUUSDT | +0.0278% | 8h | 1,049.4 | +0.051% | $20.3M | $41.9M | 50x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,049.2 | +0.029% | $537K | $273K | 15x | as long as short |
| BloFin MU-USDT | +0.0368% | 8h | 1,049.8 | +0.087% | $1.5M | $2.0M | 20x | as long as short |
| RISEx MU/USDCshort | +0.0507% | 1h | 1,049.1 | +0.016% | $333K | $348K | 20x |
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
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
OKX MU-USDT-SWAP
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Injective MU/USDC PERP
Coinbase International MU-PERP-INTX
Aevo MU-PERP
GRVT MU_USDT_Perp
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
Bitget MUUSDT
Phoenix MU
BloFin MU-USDT