Funding you earn now, next payment 01:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h +0.036%
Price spread now: Deribit against Aster−0.120%7-day average −0.029% · 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−$51as in the Price arb table
costs, in and out, $10k−$410.413% of the position
Funding, last 4 days (all we have)+0.044%+$4 on $10k
+Price spread, last 3 days (all we have)+0.035%+$3 · spread now −0.120%, 7d avg −0.029%
=Together, before fees+0.079%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.092% cheaper against Aster than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUUSD1 | 1,046.8 | 0.0171 | pay 0.0171% / 8h | 7h 57m | $21.6M | $47.6M | 20x |
| Short | Deribit MU_USDC-PERPETUAL | 1,045.6 | 0.0085 | get 0.0011% / 1h | 57m 51s | $62K | $291K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$18.03
- Price spread: −0.120% → −0.029%
- −$9.17
- Slippage, 4 orders
- −$26.33
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$68.53
- Costs to cover
- 0.413%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Deribit: live order book, 16 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, 1 min ago | 0.91 bp | 4.9 bp −$5 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 16 min ago | 3.44 bp | 14.8 bp −$15 | 18.3 bp −$183 | 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 | −0.0297% | 4h | 1,045.6 | −0.111% | $1.3M | $674K | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,044.8 | −0.197% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.5 | +0.067% | $11K | $6.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045 | −0.169% | $129K | $418K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0026% | 1h | 1,045 | −0.170% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,046.3 | −0.046% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.373% | $14K | $251 | 12x | as long as short |
| Nado MU-PERP | +0.0035% | 1h | 1,044.9 | −0.187% | $268K | $869K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.8 | −0.099% | — | $194K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,046.2 | −0.063% | $1.0M | $4.7M | 20x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,043.1 | −0.358% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,046.4 | −0.039% | $7.9M | $23.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0075% | 8h | 1,046.6 | −0.019% | $30.9M | $102.0M | 50x | as long as short |
| Polymarket Perps MU-USD | +0.0082% | 1h | 1,045.4 | −0.135% | $169K | $203K | 10x | as long as short |
| Deribit MU_USDC-PERPETUALshort | +0.0085% | 1h | 1,045.6 | −0.120% | $62K | $291K | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,046.2 | −0.054% | $153K | $180K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,046.2 | −0.060% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.8 | −0.094% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,046 | −0.080% | $832 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0103% | 8h | 1,046.2 | −0.061% | $2K | — | 5x | as long as short |
| Bitget MUUSDT | +0.0117% | 8h | 1,046.2 | −0.059% | $20.5M | $41.7M | 50x | as long as short |
| SoDEX MU-USD | +0.0123% | 1h | 1,045.5 | −0.122% | $686K | $16K | 10x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.4 | −0.138% | $33K | — | 10x | as long as short |
| Gate MU_USDT | +0.0131% | 8h | 1,046.7 | −0.014% | $63.1M | $28.3M | 75x | as long as short |
| Variational Omni MU | +0.0166% | 8h | 1,045.6 | −0.115% | $2.7M | $2.5M | — | as long as short |
| Aster MUUSD1long | +0.0171% | 8h | 1,046.8 | long leg | $21.6M | $47.6M | 20x | |
| Binance MUUSDT | +0.0182% | 8h | 1,047 | +0.021% | $125.2M | $527.8M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,045.1 | −0.159% | $757K | $1.3M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0204% | 8h | 1,045.8 | −0.098% | $82K | $1.4M | 10x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,045.2 | −0.152% | $70K | $243K | 10x | as long as short |
| Bullet MU-USD | +0.0285% | 1h | 1,045.5 | −0.122% | $25K | $394K | 10x | as long as short |
| BloFin MU-USDT | +0.0303% | 8h | 1,045.5 | −0.130% | $1.5M | $2.0M | 20x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,046.3 | −0.052% | $314K | $337K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0344% | 1h | 1,044.4 | −0.235% | $550K | $1.0M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0432% | 1h | 1,045.5 | −0.125% | $177.1M | $105.1M | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,046 | −0.077% | $535K | $306K | 15x | as long as short |
| Bybit MUUSDT | +0.0676% | 8h | 1,047 | +0.017% | $19.3M | $32.5M | 100x | as long as short |
Aster MUUSD1
Deribit MU_USDC-PERPETUAL
edgeX MUUSDC
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Lighter MU
OKX MU-USDT-SWAP
Polymarket Perps MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Paradex MU-USD-PERP
Bitget MUUSDT
SoDEX MU-USD
Gate MU_USDT
Variational Omni MU
Binance MUUSDT
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Bullet MU-USD
BloFin MU-USDT
RISEx MU/USDC
Extended MU_24_5-USD
tradeXYZ xyz:MU
Phoenix MU
Bybit MUUSDT