MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.008%

Price spread now: Paradex against Aster−0.051%59s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.051% cheaper against Aster than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.4 days of funding at the current rate (+$2 a day). The two prices were read 59 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	1,044.3	0	get 0.0000% / 8h	2h 50m	$21.2M	$57.2M	20x
Short	Paradex MU-USD-PERP	1,043.8	0.0051	get 0.0051% / 8h	2h 50m	$2K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee ParadexbpOrdersPrice spread, now −0.051%Rate

Funding earned: $10.66
Price spread: −0.051% → 0.000%: −$5.14
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$6.48
Costs to cover: 0.120%
Break-even: 11.3 days

Slippage unknown: Aster: live order book, 3 min ago; Paradex: no order-book sample. 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 Aster live order book, 3 min ago	1.05 bp	7.6 bp −$8	8.2 bp −$82	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0859%	4h	1,043	−0.124%	$1.3M	$672K	10x	as long as short
Aster MUUSD1long	0.0000%	8h	1,044.3	long leg	$21.2M	$57.2M	20x
Binance MUUSDT	0.0000%	8h	1,044	−0.029%	$123.1M	$526.4M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,044	−0.031%	$18.6M	$32.1M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,043.7	−0.063%	$30.5M	$100.1M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,043.6	−0.065%	$337K	$354K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.7	−0.062%	$62.0M	$27.9M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,043.8	−0.051%	$20.5M	$41.2M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,043.4	−0.087%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,043.5	−0.080%	$83K	$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	1,043.1	−0.122%	$189K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,045.5	+0.113%	$11K	$5.7M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,043.6	−0.066%	$73K	$501K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,043.3	−0.098%	$128K	$440K	50x	as long as short
Nado MU-PERP	+0.0018%	1h	1,043.3	−0.098%	$281K	$821K	10x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,042.2	−0.202%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0023%	1h	1,043.6	−0.071%	$7.0M	$18.0M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.8	−0.047%	$1.2M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,043.3	−0.097%	$546K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.674%	$19K	$5K	12x	as long as short
Bullet MU-USD	+0.0034%	1h	1,043.6	−0.069%	$26K	$392K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,042.7	−0.155%	$70K	$232K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,044.2	−0.010%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,043.7	−0.060%	$177.4M	$93.5M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,043.5	−0.079%	$169K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,043.3	−0.097%	$685K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,043	−0.131%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERPshort	+0.0051%	8h	1,043.8	−0.051%	$2K	—	5x
Aevo MU-PERP	+0.0080%	1h	1,043.2	−0.112%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,043.6	−0.067%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043.5	−0.077%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,043.1	−0.113%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.7	−0.064%	$830	$799	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,043.6	−0.069%	$1.5M	$2.0M	20x	as long as short
Lighter MU	+0.0128%	1h	1,044.2	−0.012%	$1.1M	$4.9M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0144%	1h	1,043.3	−0.096%	$745K	$1.2M	10x	as long as short
Phoenix MU	+0.0231%	1h	1,043	−0.127%	$534K	$270K	15x	as long as short