Funding you earn now, next payment 09:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h +0.013%
Price spread now: Bullet against Aster−0.097%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 4 days (all we have)+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.097%, 7d avg +0.003%
=Together, before fees+0.148%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bullet is 0.100% cheaper against Aster than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.003%). If the spread goes back, that is −$10 on $10k: about 23 days of funding at the current rate ($0 a day). At the pace of the last 4 days (+0.106% in total) that is about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUUSD1 | 1,032.8 | 0 | get 0.0000% / 8h | 7h 52m | $21.1M | $68.4M | 20x |
| Short | Bullet MU-USD | 1,031.8 | 0.0015 | get 0.0002% / 1h | 52m 07s | $25K | $389K | 10x |
Aster MUUSD1
Bullet MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- $3.05
- Price spread: −0.097% → +0.003%
- −$9.95
- Slippage, 4 orders
- −$10.29
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$33.19
- Costs to cover
- 0.263%
- Break-even
- 83.1 days
Slippage from Aster: live order book, 2 min ago; Bullet: live order book, 47 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 | 1.74 bp | 8.0 bp −$8 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Bullet live order book, 47 min ago | 0.48 bp | 6.2 bp −$6 | 21.0 bp −$210 | doesn't fit | doesn't fit |
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 | −0.0494% | 4h | 1,034.1 | +0.131% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0111% | 8h | 1,031.4 | −0.137% | $19.9M | $40.7M | 50x | as long as short |
| Aster MUUSD1long | 0.0000% | 8h | 1,032.8 | long leg | $21.1M | $68.4M | 20x | |
| Binance MUUSDT | 0.0000% | 8h | 1,031.9 | −0.092% | $121.7M | $539.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,032 | −0.077% | $18.7M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,031.9 | −0.091% | $29.6M | $100.2M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,032.4 | −0.043% | $310K | $381K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,031 | −0.178% | $61.9M | $27.7M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,035.2 | +0.236% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,033.3 | +0.051% | $80K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
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 | 1,032.6 | −0.017% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,032.8 | +0.003% | $11K | $5.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,031.4 | −0.135% | $73K | $623K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,030.7 | −0.205% | $124K | $485K | 50x | as long as short |
| Bullet MU-USDshort | +0.0015% | 1h | 1,031.8 | −0.097% | $25K | $389K | 10x | |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,034.1 | +0.121% | $3K | $43K | 10x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,031.8 | −0.093% | $7.0M | $18.7M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,031.1 | −0.168% | $995K | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,031 | −0.172% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,031 | −0.174% | $550K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.797% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,031.3 | −0.147% | $89K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,031.5 | −0.122% | — | $177K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,030.9 | −0.184% | $174.8M | $79.3M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,031.2 | −0.155% | $167K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,031.3 | −0.150% | $677K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,031 | −0.171% | $1.9M | $2.8M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,031.4 | −0.131% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0059% | 1h | 1,031.3 | −0.149% | $273K | $807K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,031.1 | −0.167% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,035.2 | +0.236% | $724K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,031.9 | −0.091% | $144K | $191K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,031.6 | −0.114% | $5.1M | $4.3M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.1 | +0.030% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,032.1 | −0.072% | $820 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,031.9 | −0.083% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,031.9 | −0.087% | $528K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
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
Nado MU-PERP
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU