MU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.024%

Price spread now: Arcus against Polymarket Perps+0.171%7-day average +0.007% · 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−$18as in the Price arb table

costs, in and out, $10k−$340.340% of the position

Long on Polymarket Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.106%+$11 on $10k

Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.171%, 7d avg +0.007%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.164% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.171% now, against its 7-day average of +0.007%): +$16 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 56 days. Mind the row above: over the last 4 days funding on this pair paid +0.106%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MU-USD	1,033.7	0.0050	pay 0.0006% / 1h	26m 50s	$168K	$203K	10x
Short	Arcus MU-USD	1,035.5	0.0040	get 0.0005% / 1h	26m 50s	$70K	$231K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee ArcusbpOrdersPrice spread, now +0.171%Rate

Funding earned: −$2.04
Price spread: +0.171% → +0.007%: $16.44
Slippage, 4 orders: −$21.54
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$19.64
Costs to cover: 0.340%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 20 min ago; Arcus: live order book, 21 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 Polymarket Perps live order book, 20 min ago	2.40 bp	6.4 bp −$6	8.0 bp −$80	9.7 bp −$974	doesn't fit
Sell Arcus live order book, 21 min ago	3.74 bp	10.9 bp −$11	13.4 bp −$134	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	−0.0305%	4h	1,036.7	+0.288%	$1.3M	$671K	10x	as long as short
Bitget MUUSDT	−0.0040%	8h	1,034.5	+0.078%	$20.3M	$41.1M	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,034.4	+0.070%	$21.0M	$57.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,034	+0.028%	$121.5M	$531.9M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,033.9	+0.020%	$18.5M	$32.1M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,033.9	+0.015%	$29.8M	$100.2M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,033.9	+0.023%	$316K	$387K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,033.9	+0.015%	$61.3M	$28.4M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,036	+0.224%	$2.6M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,037	+0.322%	$75K	$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	1,034.5	+0.078%	$187K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,035.2	+0.145%	$11K	$5.7M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,033.4	−0.026%	$73K	$514K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,033.6	−0.010%	$127K	$448K	50x	as long as short
Aftermath Perps MUUSD	+0.0018%	1h	1,035.9	+0.209%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0023%	1h	1,033.8	+0.008%	$7.0M	$18.0M	10x	as long as short
Bullet MU-USD	+0.0026%	1h	1,034.1	+0.037%	$25K	$389K	10x	as long as short
Nado MU-PERP	+0.0027%	1h	1,033.7	+0.002%	$276K	$819K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,033.8	+0.013%	$1.2M	$4.5M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,033.4	−0.026%	$538K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.708%	$19K	$5K	12x	as long as short
Arcus MU-USDshort	+0.0040%	1h	1,035.5	+0.171%	$70K	$231K	10x
Vest MU-USD-PERP	+0.0046%	1h	1,033.8	+0.013%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,033.9	+0.019%	$175.7M	$93.1M	10x	as long as short
Polymarket Perps MU-USDlong	+0.0050%	1h	1,033.7	long leg	$168K	$203K	10x
SoDEX MU-USD	+0.0050%	1h	1,034	+0.032%	$679K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,033.3	−0.037%	$1.9M	$2.4M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,034.2	+0.047%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,033.5	−0.016%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,034.1	+0.043%	$147K	$189K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,033.9	+0.015%	$5.2M	$3.8M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,036	+0.225%	$70K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,033.7	−0.005%	$822	$799	20x	as long as short
Lighter MU	+0.0104%	1h	1,034.4	+0.064%	$1.0M	$4.9M	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,034.3	+0.059%	$1.5M	$2.0M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0144%	1h	1,036.2	+0.244%	$733K	$1.3M	10x	as long as short
Phoenix MU	+0.0231%	1h	1,035	+0.126%	$529K	$270K	15x	as long as short