Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h −0.027%
Price spread now: Bullet against RISEx−0.003%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.203% of the position
Funding, last 4 days (all we have)+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now −0.003%, 7d avg 0.000%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MU/USDC | 1,038.5 | 0 | get 0.0000% / 1h | 4m 16s | $312K | $385K | 20x |
| Short | Bullet MU-USD | 1,038.5 | 0.0007 | get 0.0001% / 1h | 4m 16s | $25K | $388K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- $1.56
- Price spread: −0.003% → 0.000%
- −$0.37
- Slippage, 4 orders
- −$6.27
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$19.07
- Costs to cover
- 0.203%
- Break-even
- 92.4 days
Slippage from RISEx: live order book, 34 min ago; Bullet: live order book, 35 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, 34 min ago | 0.92 bp | 3.9 bp −$4 | 4.5 bp −$45 | doesn't fit | doesn't fit |
| Sell Bullet live order book, 35 min ago | 0.48 bp | 6.2 bp −$6 | 21.0 bp −$210 | 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 | −0.0555% | 4h | 1,038.3 | −0.025% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0134% | 8h | 1,038.8 | +0.023% | $20.2M | $39.9M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.8 | +0.023% | $21.2M | $67.8M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.6 | +0.011% | $122.5M | $536.8M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.5 | +0.001% | $18.8M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.4 | −0.016% | $29.8M | $100.0M | 50x | as long as short |
| RISEx MU/USDClong | 0.0000% | 1h | 1,038.5 | long leg | $312K | $385K | 20x | |
| Gate MU_USDT | 0.0000% | 8h | 1,038.3 | −0.024% | $61.6M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.3 | −0.023% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.4 | −0.009% | $80K | $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 | 1,038.5 | −0.002% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.8 | +0.117% | $11K | $5.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.3 | −0.024% | $74K | $621K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.3 | −0.023% | $126K | $481K | 50x | as long as short |
| Bullet MU-USDshort | +0.0007% | 1h | 1,038.5 | −0.003% | $25K | $388K | 10x | |
| Nado MU-PERP | +0.0018% | 1h | 1,038.3 | −0.027% | $280K | $802K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,038.3 | −0.021% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038.2 | −0.032% | $7.0M | $18.7M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.6 | +0.010% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.7 | −0.077% | $544K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.235% | $19K | $5K | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,038.8 | +0.027% | $1.0M | $4.9M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.8 | −0.072% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.7 | +0.012% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.3 | −0.022% | $176.4M | $80.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.3 | −0.022% | $168K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.5 | −0.006% | $681K | $15K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,038.1 | −0.040% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.6 | −0.092% | $1.9M | $2.7M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.2 | −0.035% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.3 | −0.019% | $726K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.8 | −0.068% | $144K | $191K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.3 | −0.021% | $5.2M | $4.2M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.5 | −0.005% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.3 | −0.021% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.3 | −0.022% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.7 | +0.016% | $531K | $270K | 15x | as long as short |
RISEx MU/USDC
Bullet MU-USD
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Lighter MU
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU