Funding you earn now, next payment 05:00 UTC−0.0070%/8h= −7.6% APRpaid last 24h −0.001%
Price spread now: Binance against Aevo+0.008%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 48 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 | Aevo MU-PERP | 1,049.3 | 0.0080 | pay 0.0010% / 1h | 52m 31s | $32K | $1K | 10x |
| Short | Binance MUUSDT | 1,049.4 | 0.0010 | get 0.0010% / 8h | 3h 52m | $125.9M | $516.7M | 50x |
Aevo MU-PERP
Binance MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aevo. 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
- −$14.6
- Price spread: +0.008% → 0.000%
- $0.84
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.76
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Binance: live order book, 6 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 6 min ago | 0.05 bp | 5.0 bp −$5 | 6.8 bp −$68 | 15.6 bp −$1,558 | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0403% | 4h | 1,049.7 | +0.039% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,050 | +0.069% | $21.4M | $55.2M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,049.4 | +0.015% | $31.2M | $99.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,049.7 | +0.044% | $339K | $351K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.4 | +0.016% | $62.6M | $27.6M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,049.6 | +0.028% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,049.7 | +0.044% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,050.4 | +0.112% | $81K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,049.8 | +0.046% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,050.2 | +0.090% | $11K | $5.8M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,049.5 | +0.019% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDT | +0.0005% | 8h | 1,049.7 | +0.037% | $19.0M | $31.9M | 100x | as long as short |
| Binance MUUSDTshort | +0.0010% | 8h | 1,049.4 | +0.008% | $125.9M | $516.7M | 50x | |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,049.5 | +0.022% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,049.3 | +0.007% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,049.4 | +0.008% | $1.1M | $5.0M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.4 | +0.015% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048.9 | −0.037% | $563K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.199% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,049.7 | +0.039% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.3 | +0.100% | — | $176K | 25x | as long as short |
| BloFin MU-USDT | +0.0046% | 8h | 1,049.8 | +0.053% | $1.5M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,049.1 | −0.016% | $178.1M | $97.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.2 | −0.007% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,049.6 | +0.035% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.8 | −0.048% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,049.5 | +0.025% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0067% | 1h | 1,049.3 | +0.001% | $282K | $832K | 10x | as long as short |
| Bullet MU-USD | +0.0077% | 1h | 1,049.5 | +0.022% | $25K | $395K | 10x | as long as short |
| Aevo MU-PERPlong | +0.0080% | 1h | 1,049.3 | long leg | $32K | $1K | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,049.6 | +0.029% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.2 | −0.003% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.3 | +0.093% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,049.7 | +0.038% | $834 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.072% | $757K | $1.2M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0141% | 1h | 1,049.3 | +0.004% | $73K | $459K | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,050.1 | +0.079% | $537K | $271K | 15x | as long as short |
HTX MU-USDT
Bybit MUUSDT
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
BloFin MU-USDT
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
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
Deribit MU_USDC-PERPETUAL
Phoenix MU