MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h −0.030%

Price spread now: Vest against Deribit+0.095%48s7-day average +0.661% · you sell dearer than you buy

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

Long on Deribit Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.095%, 7d avg +0.661%

Together, before fees−0.021%+ Points / potential airdropVest: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.566% cheaper against Deribit than usual: you would sell low and buy high (−$57 if the spread goes back to its 7-day average of +0.661%). Swap the legs. The two prices were read 48 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	Deribit MU_USDC-PERPETUAL	1,044.5	0.0076	pay 0.0009% / 1h	21m 29s	$73K	$477K	10x
Short	Vest MU-USD-PERP	1,045.5	0.0046	get 0.0006% / 1h	21m 29s	—	$176K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 DeribitbpFee VestbpOrdersPrice spread, now +0.095%Rate

Funding earned: −$6.29
Price spread: +0.095% → +0.661%: −$56.6
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: −$71.89
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 32 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 Deribit live order book, 32 min ago	4.53 bp	17.6 bp −$18	20.5 bp −$205	doesn't fit	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	−0.0096%	4h	1,044	−0.049%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,045.4	+0.084%	$21.2M	$56.6M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,045.2	+0.065%	$124.4M	$522.3M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,045.4	+0.084%	$18.7M	$31.8M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,045.1	+0.059%	$30.9M	$99.6M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,045.2	+0.069%	$337K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,044.9	+0.039%	$62.0M	$27.9M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,045.3	+0.075%	$20.5M	$41.6M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,045.4	+0.091%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,045.6	+0.108%	$79K	$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	1,044.2	−0.026%	$189K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,047.2	+0.263%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,044.5	−0.002%	$130K	$435K	50x	as long as short
Aftermath Perps MUUSD	+0.0023%	1h	1,044.8	+0.031%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,045.1	+0.056%	$7.1M	$18.0M	10x	as long as short
Lighter MU	+0.0032%	1h	1,045.2	+0.064%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.1	+0.056%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,044.8	+0.027%	$548K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.658%	$19K	$5K	12x	as long as short
Nado MU-PERP	+0.0038%	1h	1,044.8	+0.029%	$281K	$828K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,044.6	+0.007%	$70K	$233K	10x	as long as short
Bullet MU-USD	+0.0044%	1h	1,044.6	+0.011%	$25K	$393K	10x	as long as short
Vest MU-USD-PERPshort	+0.0046%	1h	1,045.5	+0.095%	—	$176K	25x
tradeXYZ xyz:MU	+0.0050%	1h	1,044.9	+0.039%	$176.9M	$95.3M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,045	+0.049%	$170K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,043.8	−0.065%	$685K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,045.3	+0.079%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,044.3	−0.018%	$1.9M	$2.2M	10x	as long as short
Deribit MU_USDC-PERPETUALlong	+0.0076%	1h	1,044.5	long leg	$73K	$477K	10x
Aevo MU-PERP	+0.0080%	1h	1,044.3	−0.018%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045	+0.049%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045	+0.046%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,044	−0.046%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,044.4	−0.008%	$830	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,044.7	+0.024%	$750K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,044.3	−0.018%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0305%	1h	1,044.9	+0.039%	$534K	$271K	15x	as long as short