Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h +0.007%
Price spread now: Aster against Injective−0.091%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.091% cheaper against Injective than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MU/USDC PERP | 1,051.4 | 0.0033 | pay 0.0004% / 1h | 56m 35s | $19K | $5K | 12x |
| Short | Aster MUUSD1 | 1,050.4 | 0 | get 0.0000% / 8h | 3h 56m | $21.4M | $55.0M | 20x |
Injective MU/USDC PERP
Aster MUUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Injective. 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
- −$7
- Price spread: −0.091% → 0.000%
- −$9.11
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$24.13
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Aster: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 3 min ago | 0.05 bp | 4.0 bp −$4 | 8.0 bp −$80 | doesn't fit | doesn't fit |
Injective: 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 | −0.0119% | 4h | 1,049.8 | −0.148% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1short | 0.0000% | 8h | 1,050.4 | −0.091% | $21.4M | $55.0M | 20x | |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,049.6 | −0.166% | $31.2M | $99.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,049.9 | −0.136% | $339K | $351K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.6 | −0.172% | $62.6M | $27.5M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,049.9 | −0.140% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,050.4 | −0.090% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,050.3 | −0.105% | $81K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.2 | −0.112% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,050.7 | −0.065% | $12K | $5.8M | 10x | as long as short |
edgeX MUUSDC
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,049.7 | −0.163% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDT | +0.0008% | 8h | 1,049.8 | −0.153% | $19.0M | $32.0M | 100x | as long as short |
| Binance MUUSDT | +0.0017% | 8h | 1,049.7 | −0.161% | $126.0M | $517.0M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,050.1 | −0.122% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,049.6 | −0.165% | $7.1M | $17.8M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.6 | −0.172% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,049.1 | −0.215% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERPlong | +0.0033% | 1h | 1,051.4 | long leg | $19K | $5K | 12x | |
| Arcus MU-USD | +0.0040% | 1h | 1,050 | −0.126% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.1 | −0.025% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,049.4 | −0.186% | $178.1M | $98.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.8 | −0.148% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,050.1 | −0.124% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.6 | −0.165% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,049.8 | −0.149% | $2K | — | 5x | as long as short |
| BloFin MU-USDT | +0.0073% | 8h | 1,050.3 | −0.105% | $1.5M | $2.0M | 20x | as long as short |
| Nado MU-PERP | +0.0079% | 1h | 1,050.1 | −0.124% | $282K | $835K | 10x | as long as short |
| Aevo MU-PERP | +0.0088% | 1h | 1,049.7 | −0.156% | $32K | $1K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0093% | 1h | 1,049.9 | −0.140% | $73K | $456K | 10x | as long as short |
| Lighter MU | +0.0096% | 1h | 1,049.6 | −0.172% | $1.1M | $5.0M | 20x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,049.6 | −0.171% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.6 | −0.171% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.4 | −0.095% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.1 | −0.121% | $835 | $799 | 20x | as long as short |
| Bullet MU-USD | +0.0104% | 1h | 1,050.3 | −0.101% | $26K | $395K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | −0.127% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,050.6 | −0.072% | $537K | $271K | 15x | as long as short |
HTX MU-USDT
Bybit MUUSDT
Binance MUUSDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
BloFin MU-USDT
Nado MU-PERP
Aevo MU-PERP
Deribit MU_USDC-PERPETUAL
Lighter MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bullet MU-USD
Coinbase International MU-PERP-INTX
Phoenix MU