Funding you earn now, next payment 08:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.002%
Price spread now: Bullet against Aevo−0.005%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 65 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 | 1,037.4 | 0.0080 | pay 0.0010% / 1h | 20m 36s | $32K | $1K | 10x |
| Short | Bullet MU-USD | 1,037.4 | 0.0007 | get 0.0001% / 1h | 20m 36s | $26K | $389K | 10x |
Aevo MU-PERP
Bullet MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- −$15.37
- Price spread: −0.005% → 0.000%
- −$0.53
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$39.9
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Bullet: live order book, 18 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 Bullet live order book, 18 min ago | 0.48 bp | 6.2 bp −$6 | 21.0 bp −$210 | doesn't fit | 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 | −0.0298% | 4h | 1,036.5 | −0.091% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0185% | 8h | 1,037.9 | +0.042% | $20.2M | $40.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.1 | +0.067% | $21.2M | $66.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038 | +0.053% | $122.2M | $538.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038 | +0.052% | $18.8M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.8 | +0.036% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.9 | +0.049% | $313K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.7 | +0.027% | $61.5M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.5 | +0.012% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.6 | −0.076% | $71K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
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 | 1,037.9 | +0.047% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.2 | +0.173% | $11K | $5.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.4 | +0.002% | $126K | $481K | 50x | as long as short |
| Bullet MU-USDshort | +0.0007% | 1h | 1,037.4 | −0.005% | $26K | $389K | 10x | |
| Nado MU-PERP | +0.0016% | 1h | 1,037.6 | +0.016% | $280K | $805K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,037 | −0.046% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,037.8 | +0.033% | $7.0M | $18.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,037.9 | +0.044% | $1.0M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037.8 | +0.033% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.3 | −0.009% | $545K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.343% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037 | −0.037% | $90K | $245K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.7 | +0.030% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.7 | +0.027% | $176.3M | $81.4M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.6 | +0.017% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.7 | +0.027% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.4 | −0.001% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,037.8 | +0.032% | $2K | — | 5x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0068% | 1h | 1,037.6 | +0.020% | $74K | $615K | 10x | as long as short |
| Aevo MU-PERPlong | +0.0080% | 1h | 1,037.4 | long leg | $32K | $1K | 10x | |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,036.7 | −0.071% | $725K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.4 | 0.000% | $143K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.5 | +0.010% | $5.2M | $4.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.3 | −0.009% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.7 | +0.027% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,037.9 | +0.050% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,037.8 | +0.036% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Nado MU-PERP
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
Deribit MU_USDC-PERPETUAL
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU