Funding you earn now, next payment 23:00 UTC−0.0178%/8h= −19.5% APRpaid last 24h −0.008%
Price spread now: Vest against GRVT−0.070%7-day average +0.849% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.070%, 7d avg +0.849%
=Together, before fees+0.041%+ Points / potential airdropGRVT: Active · Vest: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.919% cheaper against GRVT than usual: you would sell low and buy high (−$92 if the spread goes back to its 7-day average of +0.849%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MU_USDT_Perp | 1,043.8 | 0.0224 | pay 0.0224% / 8h | 1h 07m | $77K | $1.4M | 10x |
| Short | Vest MU-USD-PERP | 1,043 | 0.0046 | get 0.0006% / 1h | 7m 13s | — | $194K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against GRVT. 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
- −$37.45
- Price spread: −0.070% → +0.849%
- −$91.91
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$140.36
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 1 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 GRVT live order book, 1 min ago | 1.15 bp | 6.4 bp −$6 | 8.4 bp −$84 | 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 | −0.0010% | 4h | 1,043.5 | −0.030% | $1.3M | $672K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.3 | −0.048% | $62.9M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,042.7 | −0.103% | $188K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.6 | +0.172% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.2 | −0.053% | $125K | $442K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.3 | −0.045% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.665% | $14K | $302 | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0036% | 1h | 1,043.5 | −0.026% | $3K | $45K | 10x | as long as short |
| Vest MU-USD-PERPshort | +0.0046% | 1h | 1,043 | −0.070% | — | $194K | 25x | |
| OKX MU-USDT-SWAP | +0.0049% | 8h | 1,043.5 | −0.025% | $30.9M | $104.9M | 50x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.2 | −0.055% | $165K | $197K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.4 | −0.040% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.7 | −0.108% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0071% | 1h | 1,043.2 | −0.053% | $7.8M | $24.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.4 | −0.033% | $154K | $181K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.2 | −0.058% | $5.2M | $4.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.5 | −0.028% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.4 | −0.041% | $829 | $799 | 20x | as long as short |
| Aster MUUSD1 | +0.0108% | 8h | 1,043.9 | +0.016% | $21.5M | $47.4M | 20x | as long as short |
| Bitget MUUSDT | +0.0114% | 8h | 1,043.3 | −0.048% | $20.4M | $43.0M | 50x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,043.3 | −0.045% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0144% | 8h | 1,043.3 | −0.044% | $2K | — | 5x | as long as short |
| Variational Omni MU | +0.0150% | 8h | 1,043.5 | −0.031% | $2.6M | $2.6M | — | as long as short |
| Binance MUUSDT | +0.0172% | 8h | 1,043.5 | −0.023% | $124.6M | $535.2M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.2 | −0.052% | $755K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0208% | 1h | 1,043.4 | −0.040% | $1.0M | $4.8M | 20x | as long as short |
| GRVT MU_USDT_Perplong | +0.0224% | 8h | 1,043.8 | long leg | $77K | $1.4M | 10x | |
| Nado MU-PERP | +0.0234% | 1h | 1,042.7 | −0.107% | $273K | $872K | 10x | as long as short |
| Bybit MUUSDT | +0.0260% | 8h | 1,043.7 | −0.005% | $19.2M | $32.6M | 100x | as long as short |
| Bullet MU-USD | +0.0282% | 1h | 1,043.4 | −0.036% | $26K | $396K | 10x | as long as short |
| BloFin MU-USDT | +0.0292% | 8h | 1,043.6 | −0.021% | $1.4M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0326% | 1h | 1,043.3 | −0.045% | $176.2M | $106.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0354% | 1h | 1,043.3 | −0.046% | $62K | $251K | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044 | +0.022% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043 | −0.072% | $73K | $241K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,043.7 | −0.004% | $295K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0704% | 1h | 1,042.4 | −0.129% | $547K | $1.1M | 10x | as long as short |
GRVT MU_USDT_Perp
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
OKX MU-USDT-SWAP
Polymarket Perps MU-USD
SoDEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Aster MUUSD1
Bitget MUUSDT
Paradex MU-USD-PERP
Variational Omni MU
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
Bybit MUUSDT
Bullet MU-USD
BloFin MU-USDT
tradeXYZ xyz:MU
Deribit MU_USDC-PERPETUAL
Phoenix MU
RISEx MU/USDC
Extended MU_24_5-USD