Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.049%
Price spread now: Vest against Coinbase International+0.142%7-day average +0.688% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.142%, 7d avg +0.688%
=Together, before fees−0.034%+ Points / potential airdropVest: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.546% cheaper against Coinbase International than usual: you would sell low and buy high (−$55 if the spread goes back to its 7-day average of +0.688%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MU-PERP-INTX | 1,051.9 | 0.0096 | pay 0.0012% / 1h | 6m 34s | $758K | $1.2M | 10x |
| Short | Vest MU-USD-PERP | 1,053.4 | 0.0046 | get 0.0006% / 1h | 6m 34s | — | $175K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Coinbase International. 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
- −$10.57
- Price spread: +0.142% → +0.688%
- −$54.61
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$77.18
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Vest: 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 Coinbase International live order book, 2 min ago | 2.85 bp | 7.9 bp −$8 | 12.7 bp −$127 | 80.1 bp −$8,009 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | −0.0083% | 4h | 1,052 | +0.009% | $1.3M | $671K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.5 | +0.058% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | +0.032% | $62.0M | $27.6M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.3 | +0.036% | $78K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052.2 | +0.022% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.3 | +0.223% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052 | +0.008% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDT | +0.0009% | 8h | 1,052.8 | +0.081% | $19.2M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | +0.0017% | 8h | 1,052.5 | +0.050% | $31.1M | $100.0M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,051.7 | −0.022% | $3K | $44K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MU-USD | +0.0030% | 1h | 1,052.2 | +0.022% | $7.2M | $18.1M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.2 | +0.021% | $1.3M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.055% | $19K | $5K | 12x | as long as short |
| Aster MUUSD1 | +0.0038% | 8h | 1,052.3 | +0.034% | $21.4M | $54.7M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.8 | −0.010% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERPshort | +0.0046% | 1h | 1,053.4 | +0.142% | — | $175K | 25x | |
| Nado MU-PERP | +0.0047% | 1h | 1,052 | +0.004% | $282K | $845K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.2 | +0.025% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.4 | +0.043% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.5 | −0.040% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,052.5 | +0.054% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.2 | +0.029% | $1.1M | $5.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0062% | 1h | 1,052.1 | +0.015% | $178.5M | $98.9M | 10x | as long as short |
| Bullet MU-USD | +0.0065% | 1h | 1,052.5 | +0.055% | $26K | $398K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0072% | 1h | 1,051.6 | −0.029% | $564K | $1.1M | 10x | as long as short |
| Variational Omni MU | +0.0081% | 8h | 1,051.9 | −0.004% | $2.7M | $2.4M | — | as long as short |
| Coinbase International MU-PERP-INTXlong | +0.0096% | 1h | 1,051.9 | long leg | $758K | $1.2M | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,052.5 | +0.050% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052 | +0.009% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051.8 | −0.010% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.3 | +0.033% | $837 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,052.1 | +0.012% | $32K | $1K | 10x | as long as short |
| Binance MUUSDT | +0.0105% | 8h | 1,052.4 | +0.044% | $126.7M | $518.0M | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0111% | 1h | 1,052.3 | +0.033% | $69K | $389K | 10x | as long as short |
| Bitget MUUSDT | +0.0133% | 8h | 1,052.4 | +0.039% | $20.6M | $41.0M | 50x | as long as short |
| BloFin MU-USDT | +0.0227% | 8h | 1,052.2 | +0.024% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,052.7 | +0.072% | $538K | $271K | 15x | as long as short |
Coinbase International MU-PERP-INTX
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Bybit MUUSDT
OKX MU-USDT-SWAP
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Aster MUUSD1
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Variational Omni MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Binance MUUSDT
Deribit MU_USDC-PERPETUAL
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU