Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h +0.012%
Price spread now: tradeXYZ against Aevo+0.025%7-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
=The price spread pays, funding is against you. tradeXYZ is 0.025% dearer against Aevo than usual: you sell high and buy low (spread +0.025% 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 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MU-PERP | 1,038 | 0.0080 | pay 0.0010% / 1h | 2m 19s | $32K | $1K | 10x |
| Short | tradeXYZ xyz:MU | 1,038.3 | 0.0050 | get 0.0006% / 1h | 2m 19s | $176.4M | $80.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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: +0.025% → 0.000%
- $2.46
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$37.84
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago | 0.48 bp | 9.5 bp −$9 | 10.9 bp −$109 | 16.4 bp −$1,639 | 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 | −0.0555% | 4h | 1,038.3 | +0.022% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0128% | 8h | 1,038.7 | +0.059% | $20.2M | $39.9M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.5 | +0.048% | $21.2M | $67.9M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.4 | +0.033% | $122.5M | $536.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.5 | +0.043% | $18.8M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.2 | +0.018% | $29.8M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.6 | +0.050% | $312K | $385K | 20x | as long as short |
| 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 | +0.024% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.4 | +0.038% | $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 | 1,038.7 | +0.065% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.9 | +0.176% | $11K | $5.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.5 | +0.047% | $74K | $621K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.4 | +0.036% | $126K | $481K | 50x | as long as short |
| Bullet MU-USD | +0.0006% | 1h | 1,038.6 | +0.053% | $24K | $388K | 10x | as long as short |
| Nado MU-PERP | +0.0018% | 1h | 1,038.2 | +0.016% | $280K | $802K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,038.5 | +0.048% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038.5 | +0.040% | $7.0M | $18.7M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.5 | +0.045% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.7 | −0.030% | $544K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.283% | $19K | $5K | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,038.7 | +0.060% | $1.0M | $4.9M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.9 | −0.011% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.6 | +0.054% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MUshort | +0.0050% | 1h | 1,038.3 | +0.025% | $176.4M | $80.2M | 10x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.2 | +0.015% | $168K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.5 | +0.039% | $681K | $15K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,038.4 | +0.034% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.6 | −0.045% | $1.9M | $2.7M | 10x | as long as short |
| Aevo MU-PERPlong | +0.0080% | 1h | 1,038 | long leg | $32K | $1K | 10x | |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.3 | +0.028% | $726K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.1 | +0.004% | $145K | $191K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.2 | +0.013% | $5.2M | $4.2M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.5 | +0.042% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.4 | +0.032% | $826 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.5 | +0.048% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.4 | +0.034% | $531K | $270K | 15x | as long as short |
tradeXYZ xyz:MU
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
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bullet MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Lighter 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