MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0151%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h +0.029%

Price spread now: Deribit against Polymarket Perps+0.019%7-day average +0.021% · 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−$41as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on Polymarket Perps Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.026%+$3 on $10k

Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.019%, 7d avg +0.021%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MU-USD	1,043.3	0.0050	pay 0.0006% / 1h	6m 08s	$169K	$203K	10x
Short	Deribit MU_USDC-PERPETUAL	1,043.5	0.0201	get 0.0025% / 1h	6m 08s	$73K	$490K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.019%Rate

Funding earned: $31.63
Price spread: +0.019% → +0.021%: −$0.23
Slippage, 4 orders: −$25.6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$9.2
Costs to cover: 0.406%
Break-even: 9.0 days

Slippage from Polymarket Perps: live order book, 46 min ago; Deribit: live order book, 48 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, 46 min ago	2.86 bp	6.9 bp −$7	8.0 bp −$80	9.3 bp −$932	doesn't fit
Sell Deribit live order book, 48 min ago	4.53 bp	9.1 bp −$9	13.6 bp −$136	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	−0.0615%	4h	1,042.3	−0.092%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,043.7	+0.038%	$21.2M	$56.8M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,043.4	+0.011%	$123.3M	$525.3M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,043.4	+0.007%	$18.6M	$31.9M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,043.1	−0.024%	$30.7M	$99.7M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,043.5	+0.017%	$337K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.2	−0.008%	$62.0M	$28.1M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,043.6	+0.025%	$20.5M	$41.6M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,042.5	−0.073%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,042.3	−0.097%	$83K	$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	1,041.8	−0.143%	$188K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,045.4	+0.200%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,042.9	−0.037%	$129K	$435K	50x	as long as short
Aftermath Perps MUUSD	+0.0023%	1h	1,042.9	−0.039%	$3K	$44K	10x	as long as short
Nado MU-PERP	+0.0031%	1h	1,042.8	−0.050%	$281K	$824K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,043.2	−0.011%	$7.0M	$18.0M	10x	as long as short
Lighter MU	+0.0032%	1h	1,043.3	0.000%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.3	−0.001%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,042.7	−0.059%	$555K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.773%	$19K	$5K	12x	as long as short
Bullet MU-USD	+0.0037%	1h	1,043.6	+0.029%	$26K	$392K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,042.6	−0.067%	$70K	$232K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,043.3	+0.002%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,042.8	−0.048%	$177.4M	$94.9M	10x	as long as short
Polymarket Perps MU-USDlong	+0.0050%	1h	1,043.3	long leg	$169K	$203K	10x
SoDEX MU-USD	+0.0050%	1h	1,043	−0.029%	$684K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,043.4	+0.012%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,041.8	−0.147%	$1.9M	$2.3M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,043	−0.032%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,042.9	−0.035%	$147K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043.2	−0.010%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,042.1	−0.113%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.4	+0.010%	$830	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,044.6	+0.125%	$749K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,042.5	−0.081%	$1.5M	$2.0M	20x	as long as short
Deribit MU_USDC-PERPETUALshort	+0.0201%	1h	1,043.5	+0.019%	$73K	$490K	10x
Phoenix MU	+0.0305%	1h	1,042.6	−0.067%	$533K	$271K	15x	as long as short