Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.013%
Price spread now: KuCoin against Aster−0.071%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.071%, 7d avg −0.042%
=Together, before fees+0.188%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.029% cheaper against Aster than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.042%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUUSD1 | 1,033.9 | 0 | get 0.0000% / 8h | 6h 17m | $21.1M | $72.3M | 20x |
| Short | KuCoin MUUSDTM | 1,033.2 | 0.0100 | get 0.0100% / 8h | 6h 17m | $5.2M | $5.6M | 20x |
Aster MUUSD1
KuCoin MUUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.071% → −0.042%
- −$2.94
- Slippage, 4 orders
- −$22.98
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$24.92
- Costs to cover
- 0.430%
- Break-even
- 15.3 days
Slippage from Aster: live order book, 5 min ago; KuCoin: live order book, 3 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, 5 min ago | 1.21 bp | 6.2 bp −$6 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.66 bp | 14.2 bp −$14 | 29.3 bp −$293 | doesn't fit | doesn't fit |
MU on 37 exchanges
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 | −0.0255% | 4h | 1,033 | −0.089% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1long | 0.0000% | 8h | 1,033.9 | long leg | $21.1M | $72.3M | 20x | |
| Binance MUUSDT | 0.0000% | 8h | 1,033.5 | −0.045% | $120.5M | $550.1M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,033.5 | −0.047% | $29.4M | $106.2M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,033.5 | −0.041% | $61.5M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,033.8 | −0.016% | $19.7M | $42.8M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,033.1 | −0.081% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,033.5 | −0.046% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,035.2 | +0.125% | $11K | $5.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,033.3 | −0.060% | $44K | $698K | 10x | as long as short |
edgeX MUUSDC
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,033.8 | −0.019% | $119K | $486K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,033.7 | −0.022% | $1.1M | $4.5M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0032% | 1h | 1,033.2 | −0.068% | $3K | $42K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.684% | $19K | $5K | 12x | as long as short |
| Bybit MUUSDT | +0.0041% | 8h | 1,033.9 | −0.003% | $18.8M | $32.5M | 100x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,034.1 | +0.012% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,033.5 | −0.043% | $167K | $178K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,033.5 | −0.041% | $678K | $13K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,033.1 | −0.078% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,033.6 | −0.032% | $7.0M | $19.0M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0066% | 8h | 1,033.9 | −0.008% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,033.4 | −0.054% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,033.7 | −0.023% | $146K | $223K | 10x | as long as short |
| KuCoin MUUSDTMshort | +0.0100% | 8h | 1,033.2 | −0.071% | $5.2M | $5.6M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.6 | −0.038% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,033.4 | −0.058% | $822 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0107% | 1h | 1,033.7 | −0.021% | $295K | $350K | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0115% | 8h | 1,033.5 | −0.043% | $76K | $1.4M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,033.3 | −0.059% | $1.4M | $2.4M | 20x | as long as short |
| Nado MU-PERP | +0.0123% | 1h | 1,033.4 | −0.055% | $269K | $840K | 10x | as long as short |
| Lighter MU | +0.0136% | 1h | 1,033.8 | −0.017% | $1.0M | $5.0M | 20x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,033 | −0.094% | $90K | $148K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,033.5 | −0.043% | $732K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0179% | 1h | 1,033.5 | −0.043% | $175.0M | $75.6M | 10x | as long as short |
| Bullet MU-USD | +0.0214% | 1h | 1,033.8 | −0.009% | $25K | $386K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0264% | 1h | 1,033.1 | −0.086% | $549K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0310% | 1h | 1,033.6 | −0.033% | $529K | $269K | 15x | as long as short |
HTX MU-USDT
Lighter RH MU
Aftermath Perps MUUSD
Injective MU/USDC PERP
Bybit MUUSDT
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
GRVT MU_USDT_Perp
BloFin MU-USDT
Nado MU-PERP
Lighter MU
Arcus MU-USD
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU