Funding you earn now, next payment 08:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.59 per $10,000 · paid last 24h −0.013%
Price spread now: Aster against Binance−0.016%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.240% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now −0.016%, 7d avg −0.005%
=Together, before fees−0.103%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUUSDT | 1,050.5 | 0.0149 | pay 0.0149% / 8h | 5h 39m | $126.5M | $518.1M | 50x |
| Short | Aster MUUSD1 | 1,050.4 | 0.0090 | get 0.0090% / 8h | 5h 39m | $21.4M | $52.1M | 20x |
Binance MUUSDT
Aster MUUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$12.44
- Price spread: −0.016% → −0.005%
- −$1.04
- Slippage, 4 orders
- −$6.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$37.53
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Aster: live order book, 4 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 Binance live order book, 4 min ago | 0.05 bp | 5.4 bp −$5 | 6.4 bp −$64 | 15.6 bp −$1,562 | doesn't fit |
| Sell Aster live order book, 4 min ago | 0.76 bp | 5.7 bp −$6 | 7.9 bp −$79 | 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 | −0.0447% | 4h | 1,050 | −0.053% | $1.3M | $671K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,050.7 | +0.015% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.4 | −0.014% | $62.1M | $27.4M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050 | −0.053% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.1 | +0.149% | $11K | $5.9M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,049.9 | −0.063% | $67K | $363K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050.2 | −0.035% | $129K | $428K | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0003% | 8h | 1,050.3 | −0.026% | $79K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0004% | 8h | 1,050.7 | +0.018% | $19.2M | $32.3M | 100x | as long as short |
| Aftermath Perps MUUSD | +0.0021% | 1h | 1,049.9 | −0.061% | $3K | $44K | 10x | as long as short |
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
GRVT MU_USDT_Perp
Bybit MUUSDT
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MU-USD | +0.0030% | 1h | 1,050.4 | −0.011% | $7.2M | $18.3M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0031% | 8h | 1,050.4 | −0.007% | $31.0M | $99.9M | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.3 | −0.024% | $1.2M | $4.3M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,049.7 | −0.077% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.080% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,049.9 | −0.057% | $71K | $235K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051 | +0.041% | — | $175K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,050.4 | −0.011% | $1.1M | $4.9M | 20x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.9 | −0.059% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,050.2 | −0.035% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.6 | −0.086% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,050.5 | −0.006% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0073% | 1h | 1,049.7 | −0.077% | $282K | $849K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0076% | 1h | 1,050.1 | −0.040% | $178.2M | $99.1M | 10x | as long as short |
| Aster MUUSD1short | +0.0090% | 8h | 1,050.4 | −0.016% | $21.4M | $52.1M | 20x | |
| Bullet MU-USD | +0.0093% | 1h | 1,050.2 | −0.032% | $25K | $397K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,049.9 | −0.055% | $756K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.5 | −0.004% | $149K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.2 | −0.032% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,049.8 | −0.068% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.3 | −0.024% | $835 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,049.9 | −0.058% | $32K | $1K | 10x | as long as short |
| Variational Omni MU | +0.0128% | 8h | 1,049.8 | −0.072% | $2.7M | $2.4M | — | as long as short |
| Bitget MUUSDT | +0.0140% | 8h | 1,050.4 | −0.010% | $20.6M | $41.1M | 50x | as long as short |
| Binance MUUSDTlong | +0.0149% | 8h | 1,050.5 | long leg | $126.5M | $518.1M | 50x | |
| Phoenix MU | +0.0229% | 1h | 1,050.2 | −0.030% | $537K | $271K | 15x | as long as short |
| BloFin MU-USDT | +0.0271% | 8h | 1,050.2 | −0.031% | $1.5M | $2.0M | 20x | as long as short |
QFEX MU-USD
OKX MU-USDT-SWAP
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Lighter MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Nado MU-PERP
tradeXYZ xyz:MU
Bullet MU-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Variational Omni MU
Bitget MUUSDT
Phoenix MU
BloFin MU-USDT