Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.041%
Price spread now: ApeX Omni against RISEx+0.148%54s7-day average −0.009% · 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−$490.495% of the position
Funding, last 4 days (all we have)+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.148%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.156% dearer against RISEx than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.009%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MU/USDC | 1,046 | 0 | get 0.0000% / 1h | 37m 39s | $338K | $353K | 20x |
| Short | ApeX Omni MUUSDT | 1,047.5 | 0.0100 | get 0.0013% / 1h | 37m 39s | $71K | $269K | 50x |
RISEx MU/USDC
ApeX Omni MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against RISEx. 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
- $21
- Price spread: +0.148% → −0.009%
- $15.65
- Slippage, 4 orders
- −$33.48
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$12.83
- Costs to cover
- 0.495%
- Break-even
- 11.3 days
Slippage from RISEx: live order book, 16 min ago; ApeX Omni: live order book, 14 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 RISEx live order book, 16 min ago | 1.48 bp | 4.5 bp −$4 | 5.5 bp −$55 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 14 min ago | 8.58 bp | 19.2 bp −$19 | 195.4 bp −$1,954 | 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 | −0.0477% | 4h | 1,047.4 | +0.134% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,045.8 | −0.014% | $21.2M | $56.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,045.7 | −0.028% | $125.0M | $518.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,045.9 | −0.011% | $18.8M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,045.5 | −0.045% | $31.0M | $99.7M | 50x | as long as short |
| RISEx MU/USDClong | 0.0000% | 1h | 1,046 | long leg | $338K | $353K | 20x | |
| Gate MU_USDT | 0.0000% | 8h | 1,045.7 | −0.033% | $62.1M | $27.7M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,046 | +0.003% | $20.4M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,047.2 | +0.117% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,047.1 | +0.102% | $81K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,045.6 | −0.038% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.5 | +0.050% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.5 | −0.050% | $130K | $432K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,046.6 | +0.063% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045.8 | −0.022% | $7.0M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,045.5 | −0.044% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.6 | −0.042% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,045.1 | −0.084% | $550K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.513% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,046.5 | +0.044% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.5 | +0.045% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,045.3 | −0.066% | $177.1M | $96.4M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.6 | −0.038% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,045.6 | −0.034% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045 | −0.100% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,045.7 | −0.025% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0053% | 1h | 1,045.7 | −0.028% | $281K | $828K | 10x | as long as short |
| Bullet MU-USD | +0.0064% | 1h | 1,046 | −0.003% | $25K | $394K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0075% | 1h | 1,045.7 | −0.031% | $73K | $468K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,045.4 | −0.055% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.6 | −0.041% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.4 | −0.055% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDTshort | +0.0100% | 1h | 1,047.5 | +0.148% | $71K | $269K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.7 | −0.024% | $831 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0119% | 8h | 1,046.1 | +0.005% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.386% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,048.1 | +0.201% | $536K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
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
Nado MU-PERP
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU