Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.024%
Price spread now: tradeXYZ against RISEx−0.040%7-day average −0.063% · 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−$25as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.040%, 7d avg −0.063%
=Together, before fees−0.133%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.023% dearer against RISEx than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MU/USDC | 1,052.6 | 0 | get 0.0000% / 1h | 59m 21s | $334K | $348K | 20x |
| Short | tradeXYZ xyz:MU | 1,052.2 | 0.0064 | get 0.0008% / 1h | 59m 21s | $178.6M | $99.0M | 10x |
RISEx MU/USDC
tradeXYZ xyz:MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $13.51
- Price spread: −0.040% → −0.063%
- $2.31
- Slippage, 4 orders
- −$3.42
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$11.6
- Costs to cover
- 0.274%
- Break-even
- 13.0 days
Slippage from RISEx: live order book, 64 min ago; tradeXYZ: live order book, 11 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, 64 min ago | 1.05 bp | 4.0 bp −$4 | 4.4 bp −$44 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.47 bp | 9.5 bp −$9 | 10.3 bp −$103 | 15.0 bp −$1,496 | 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 | −0.0548% | 4h | 1,052.3 | −0.032% | $1.3M | $673K | 10x | as long as short |
| RISEx MU/USDClong | 0.0000% | 1h | 1,052.6 | long leg | $334K | $348K | 20x | |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | −0.030% | $62.1M | $27.3M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.5 | −0.014% | $78K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052.2 | −0.039% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.2 | +0.145% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.4 | −0.018% | $130K | $431K | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.0009% | 8h | 1,052.5 | −0.016% | $31.1M | $99.9M | 50x | as long as short |
| Bybit MUUSDT | +0.0010% | 8h | 1,052.8 | +0.012% | $19.2M | $32.3M | 100x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,052 | −0.062% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
OKX MU-USDT-SWAP
Bybit MUUSDT
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MUUSD1 | +0.0028% | 8h | 1,052.4 | −0.023% | $21.4M | $55.0M | 20x | as long as short |
| QFEX MU-USD | +0.0030% | 1h | 1,052.3 | −0.031% | $7.2M | $17.9M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.5 | −0.013% | $1.3M | $4.5M | 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 | 1,052 | −0.063% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.6 | +0.090% | — | $175K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,052.6 | −0.006% | $1.1M | $5.1M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0048% | 1h | 1,051.8 | −0.077% | $564K | $1.1M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.2 | −0.040% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.4 | −0.026% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.6 | −0.102% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,052.4 | −0.023% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0061% | 1h | 1,052.2 | −0.038% | $282K | $844K | 10x | as long as short |
| Variational Omni MU | +0.0063% | 8h | 1,052.3 | −0.029% | $2.7M | $2.4M | — | as long as short |
| tradeXYZ xyz:MUshort | +0.0064% | 1h | 1,052.2 | −0.040% | $178.6M | $99.0M | 10x | |
| Deribit MU_USDC-PERPETUAL | +0.0073% | 1h | 1,052.2 | −0.037% | $69K | $395K | 10x | as long as short |
| Bullet MU-USD | +0.0075% | 1h | 1,052.5 | −0.016% | $26K | $398K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,051.9 | −0.065% | $758K | $1.2M | 10x | as long as short |
| Binance MUUSDT | +0.0095% | 8h | 1,052.5 | −0.012% | $126.6M | $517.5M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.5 | −0.008% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.2 | −0.045% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.2 | −0.041% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.3 | −0.027% | $837 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,052.1 | −0.048% | $32K | $1K | 10x | as long as short |
| Bitget MUUSDT | +0.0140% | 8h | 1,052.6 | −0.003% | $20.6M | $41.1M | 50x | as long as short |
| BloFin MU-USDT | +0.0218% | 8h | 1,052.2 | −0.041% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,052.6 | −0.002% | $538K | $271K | 15x | as long as short |
Aster MUUSD1
QFEX MU-USD
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Lighter MU
Extended MU_24_5-USD
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Nado MU-PERP
Variational Omni MU
Deribit MU_USDC-PERPETUAL
Bullet MU-USD
Coinbase International MU-PERP-INTX
Binance MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU