MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.023%

Price spread now: Aster against Orderly+0.035%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.035% dearer against Orderly than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MU_USDC_mythos	1,044	0.0100	pay 0.0100% / 8h	2h 23m	$830	$799	20x
Short	Aster MUUSD1	1,044.4	0	get 0.0000% / 8h	2h 23m	$21.5M	$44.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 OrderlybpFee AsterbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$21
Price spread: +0.035% → 0.000%: $3.53
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$31.47
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 6 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 6 min ago	0.86 bp	5.6 bp −$6	9.2 bp −$92	doesn't fit	doesn't fit

Orderly: 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	−0.0044%	4h	1,044.1	+0.009%	$1.3M	$672K	10x	as long as short
Aster MUUSD1short	0.0000%	8h	1,044.4	+0.035%	$21.5M	$44.0M	20x
OKX MU-USDT-SWAP	0.0000%	8h	1,044.1	+0.004%	$30.7M	$104.3M	50x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.9	−0.010%	$63.0M	$29.0M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,042.9	−0.111%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,046	+0.190%	$11K	$6.7M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,043.9	−0.016%	$125K	$443K	50x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,044	−0.007%	$3K	$44K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.7	−0.037%	$1.1M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.639%	$14K	$302	12x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MU-USD-PERP	+0.0046%	1h	1,043.7	−0.036%	—	$193K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,043.7	−0.033%	$165K	$176K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,043.3	−0.073%	$2.0M	$2.7M	10x	as long as short
SoDEX MU-USD	+0.0052%	1h	1,044	−0.004%	$685K	$16K	10x	as long as short
Variational Omni MU	+0.0053%	8h	1,044.3	+0.023%	$2.7M	$2.7M	—	as long as short
QFEX MU-USD	+0.0057%	1h	1,044	−0.009%	$7.8M	$24.1M	10x	as long as short
Bitget MUUSDT	+0.0067%	8h	1,044	−0.008%	$20.5M	$42.9M	50x	as long as short
Binance MUUSDT	+0.0088%	8h	1,044.1	+0.003%	$124.9M	$540.3M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,043.3	−0.067%	$153K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043.6	−0.039%	$5.2M	$4.0M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,044.6	+0.050%	$71K	$267K	50x	as long as short
Orderly PERP_MU_USDC_mythoslong	+0.0100%	8h	1,044	long leg	$830	$799	20x
Aevo MU-PERP	+0.0104%	1h	1,043.8	−0.023%	$33K	—	10x	as long as short
Paradex MU-USD-PERP	+0.0119%	8h	1,044	−0.008%	$2K	—	5x	as long as short
GRVT MU_USDT_Perp	+0.0143%	8h	1,044.3	+0.026%	$82K	$1.4M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0152%	1h	1,043.8	−0.021%	$756K	$1.6M	10x	as long as short
Bybit MUUSDT	+0.0172%	8h	1,044.2	+0.018%	$19.1M	$32.5M	100x	as long as short
Nado MU-PERP	+0.0197%	1h	1,042.9	−0.109%	$307K	$845K	10x	as long as short
tradeXYZ xyz:MU	+0.0200%	1h	1,044	−0.004%	$176.4M	$106.9M	10x	as long as short
RISEx MU/USDC	+0.0202%	1h	1,044.2	+0.018%	$286K	$332K	20x	as long as short
BloFin MU-USDT	+0.0208%	8h	1,044.1	+0.007%	$1.5M	$2.1M	20x	as long as short
Lighter MU	+0.0224%	1h	1,043.8	−0.019%	$1.0M	$4.8M	20x	as long as short
Arcus MU-USD	+0.0226%	1h	1,043.9	−0.014%	$63K	$236K	10x	as long as short
Phoenix MU	+0.0230%	1h	1,044.7	+0.063%	$534K	$303K	15x	as long as short
Bullet MU-USD	+0.0235%	1h	1,044.1	+0.005%	$25K	$399K	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0488%	1h	1,043.8	−0.020%	$57K	$216K	10x	as long as short
Extended MU_24_5-USD	+0.0672%	1h	1,042.6	−0.138%	$541K	$1.1M	10x	as long as short