Funding you earn now, next payment 07:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h −0.015%
Price spread now: SoDEX against Aevo+0.021%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 pays, funding is against you. SoDEX is 0.021% dearer against Aevo than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MU-PERP | 1,037.5 | 0.0080 | pay 0.0010% / 1h | 29m 38s | $32K | $1K | 10x |
| Short | SoDEX MU-USD | 1,037.7 | 0.0050 | get 0.0006% / 1h | 29m 38s | $681K | $15K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$6.3
- Price spread: +0.021% → 0.000%
- $2.11
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$28.19
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; SoDEX: live order book, 14 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 SoDEX live order book, 14 min ago | 0.05 bp | 11.9 bp −$12 | 44.7 bp −$447 | 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 | −0.0296% | 4h | 1,036.7 | −0.083% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0214% | 8h | 1,038.3 | +0.079% | $20.2M | $40.3M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.6 | +0.104% | $21.2M | $59.1M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.3 | +0.074% | $121.6M | $537.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.4 | +0.086% | $18.5M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.2 | +0.065% | $29.9M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.8 | +0.031% | $314K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.2 | +0.062% | $61.6M | $28.5M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.4 | −0.015% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037 | −0.050% | $73K | $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 | 1,036.5 | −0.099% | $187K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,038.1 | +0.056% | $26K | $389K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039 | +0.143% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038 | +0.050% | $74K | $562K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.8 | +0.027% | $128K | $441K | 50x | as long as short |
| Nado MU-PERP | +0.0002% | 1h | 1,037.6 | +0.005% | $277K | $815K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0014% | 1h | 1,036.3 | −0.119% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,038.5 | +0.096% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.2 | +0.063% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.7 | +0.014% | $540K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,037.8 | +0.024% | $7.0M | $18.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.334% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037 | −0.047% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.7 | +0.021% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.1 | +0.056% | $176.3M | $88.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.6 | +0.008% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USDshort | +0.0050% | 1h | 1,037.7 | +0.021% | $681K | $15K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037 | −0.053% | $1.8M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,038.2 | +0.065% | $2K | — | 5x | as long as short |
| Aevo MU-PERPlong | +0.0080% | 1h | 1,037.5 | long leg | $32K | $1K | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,037.9 | +0.038% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.9 | +0.037% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.2 | −0.036% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038 | +0.048% | $825 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | −0.145% | $731K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,037.6 | +0.007% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037 | −0.050% | $530K | $270K | 15x | as long as short |
SoDEX MU-USD
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_Perp
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU