MU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.034%

Price spread now: tradeXYZ against Polymarket Perps+0.010%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$350.350% of the position

Long on Polymarket Perps Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$10 on $10k

Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.010%, 7d avg −0.004%

Together, before fees+0.120%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MU-USD	1,050.1	0.0050	pay 0.0006% / 1h	23m 19s	$170K	$202K	10x
Short	tradeXYZ xyz:MU	1,050.2	0.0056	get 0.0007% / 1h	23m 19s	$178.1M	$98.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.010%Rate

Funding earned: $1.35
Price spread: +0.010% → −0.004%: $1.38
Slippage, 4 orders: −$8.99
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$32.26
Costs to cover: 0.350%
Break-even: 174.0 days

Slippage from Polymarket Perps: live order book, 39 min ago; tradeXYZ: live order book, 5 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, 39 min ago	2.86 bp	6.9 bp −$7	8.2 bp −$82	9.6 bp −$956	doesn't fit
Sell tradeXYZ live order book, 5 min ago	0.48 bp	9.8 bp −$10	10.7 bp −$107	15.2 bp −$1,521	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	−0.0738%	4h	1,050.1	−0.003%	$1.3M	$671K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,050.7	+0.061%	$19.1M	$32.3M	100x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050.7	+0.053%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.3	+0.020%	$62.0M	$27.5M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,050.2	+0.010%	$85K	$1.3M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,050.2	+0.007%	$190K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,052.2	+0.204%	$11K	$5.9M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.3	+0.019%	$67K	$377K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.2	+0.009%	$129K	$429K	50x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,050.1	−0.001%	$3K	$45K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MU-USDT-SWAP	+0.0020%	8h	1,050.4	+0.030%	$31.0M	$99.7M	50x	as long as short
QFEX MU-USD	+0.0030%	1h	1,050.3	+0.019%	$7.2M	$18.1M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.3	+0.022%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.120%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050.1	+0.003%	$71K	$235K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.3	+0.116%	—	$175K	25x	as long as short
Lighter MU	+0.0048%	1h	1,050.6	+0.047%	$1.1M	$5.0M	20x	as long as short
Extended MU_24_5-USD	+0.0048%	1h	1,049.9	−0.023%	$564K	$1.1M	10x	as long as short
Nado MU-PERP	+0.0049%	1h	1,050.3	+0.016%	$282K	$847K	10x	as long as short
Polymarket Perps MU-USDlong	+0.0050%	1h	1,050.1	long leg	$170K	$202K	10x
SoDEX MU-USD	+0.0050%	1h	1,050.4	+0.030%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.3	−0.079%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0055%	8h	1,050.4	+0.033%	$2K	—	5x	as long as short
tradeXYZ xyz:MUshort	+0.0056%	1h	1,050.2	+0.010%	$178.1M	$98.9M	10x
Aster MUUSD1	+0.0059%	8h	1,050.4	+0.032%	$21.4M	$53.0M	20x	as long as short
Bullet MU-USD	+0.0064%	1h	1,050.6	+0.047%	$25K	$398K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	−0.015%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,050.5	+0.041%	$149K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.2	+0.012%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050	−0.014%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.3	+0.019%	$835	$799	20x	as long as short
Variational Omni MU	+0.0101%	8h	1,050.2	+0.007%	$2.7M	$2.4M	—	as long as short
Aevo MU-PERP	+0.0112%	1h	1,050	−0.006%	$32K	$1K	10x	as long as short
Bitget MUUSDT	+0.0114%	8h	1,050.5	+0.037%	$20.6M	$41.1M	50x	as long as short
Binance MUUSDT	+0.0125%	8h	1,050.5	+0.042%	$126.5M	$518.5M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.4	+0.029%	$537K	$271K	15x	as long as short
BloFin MU-USDT	+0.0248%	8h	1,050.3	+0.020%	$1.5M	$2.0M	20x	as long as short