Funding you earn now, next payment 02:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h +0.013%
Price spread now: ApeX Omni against Aster−0.053%79s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.053%, 7d avg −0.007%
=Together, before fees+0.150%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.046% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.149%, so the current rate has only just turned against you. The two prices were read 79 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 | Aster MUUSD1 | 1,050.8 | 0.0168 | pay 0.0168% / 8h | 6h 22m | $21.6M | $51.6M | 20x |
| Short | ApeX Omni MUUSDT | 1,050.2 | 0.0100 | get 0.0013% / 1h | 22m 20s | $71K | $268K | 50x |
Aster MUUSD1
ApeX Omni MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Aster. 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
- −$14.23
- Price spread: −0.053% → −0.007%
- −$4.56
- Slippage, 4 orders
- −$29.11
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$65.9
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; ApeX Omni: live order book, 45 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 Aster live order book, 2 min ago | 0.62 bp | 7.5 bp −$8 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 45 min ago | 5.61 bp | 17.0 bp −$17 | 194.7 bp −$1,947 | doesn't fit | doesn't fit |
MU on 36 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 | −0.0953% | 4h | 1,050.1 | −0.066% | $1.3M | $670K | 10x | as long as short |
| Nado MU-PERP | −0.0005% | 1h | 1,050.4 | −0.037% | $277K | $855K | 10x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,050.7 | −0.009% | $19.2M | $32.6M | 100x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.7 | −0.010% | $62.1M | $27.7M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.5 | −0.033% | $190K | $3.4M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,050.8 | +0.002% | $25K | $395K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,051.8 | +0.096% | $11K | $6.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,050.3 | −0.044% | $66K | $337K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050.7 | −0.007% | $129K | $425K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,050 | −0.078% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
Nado MU-PERP
Bybit MUUSDT
Gate MU_USDT
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MU | +0.0032% | 1h | 1,050.3 | −0.045% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.2 | −0.059% | $1.1M | $4.2M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,049.9 | −0.090% | $567K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,050.4 | −0.034% | $7.4M | $19.6M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,050.2 | −0.059% | $71K | $236K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.7 | +0.081% | — | $177K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,050.6 | −0.019% | $178.3M | $99.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,050.6 | −0.019% | $171K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,050.4 | −0.042% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.9 | −0.085% | $1.9M | $2.4M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0056% | 8h | 1,050.3 | −0.049% | $30.9M | $100.6M | 50x | as long as short |
| Paradex MU-USD-PERP | +0.0063% | 8h | 1,050.7 | −0.010% | $2K | — | 5x | as long as short |
| GRVT MU_USDT_Perp | +0.0083% | 8h | 1,050.6 | −0.017% | $81K | $1.3M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.6 | −0.018% | $149K | $187K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.5 | −0.026% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDTshort | +0.0100% | 1h | 1,050.2 | −0.053% | $71K | $268K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.7 | −0.013% | $835 | $799 | 20x | as long as short |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.054% | $19K | $5K | 12x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,050.4 | −0.038% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0128% | 1h | 1,050.3 | −0.049% | $757K | $1.2M | 10x | as long as short |
| Aster MUUSD1long | +0.0168% | 8h | 1,050.8 | long leg | $21.6M | $51.6M | 20x | |
| Variational Omni MU | +0.0186% | 8h | 1,050.5 | −0.029% | $2.7M | $2.4M | — | as long as short |
| Binance MUUSDT | +0.0203% | 8h | 1,050.4 | −0.041% | $126.6M | $523.7M | 50x | as long as short |
| Bitget MUUSDT | +0.0246% | 8h | 1,050.6 | −0.019% | $20.6M | $42.0M | 50x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,050.8 | 0.000% | $537K | $273K | 15x | as long as short |
| RISEx MU/USDC | +0.0507% | 1h | 1,050.8 | 0.000% | $334K | $348K | 20x | as long as short |
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
OKX MU-USDT-SWAP
Paradex MU-USD-PERP
GRVT MU_USDT_Perp
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
Injective MU/USDC PERP
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Variational Omni MU
Binance MUUSDT
Bitget MUUSDT
Phoenix MU
RISEx MU/USDC