Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.8% APRnext payment −$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: Vest against QFEX+0.022%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)+0.027%+$3 on $10k
+Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.022%, 7d avg +0.688%
=Together, before fees−0.006%+ Points / potential airdropVest: Active · farm board−$1 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 0.666% cheaper against QFEX than usual: you would sell low and buy high (−$67 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 | QFEX MU-USD | 1,045.9 | 0.0080 | pay 0.0010% / 1h | 17m 20s | $7.9M | $23.9M | 10x |
| Short | Vest MU-USD-PERP | 1,046.2 | 0.0046 | get 0.0006% / 1h | 17m 20s | — | $194K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against QFEX. 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
- −$7.21
- Price spread: +0.022% → +0.688%
- −$66.58
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$85.78
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 7 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 QFEX live order book, 7 min ago | 0.96 bp | 6.1 bp −$6 | 6.5 bp −$65 | 10.3 bp −$1,025 | 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 | −0.0645% | 4h | 1,045.9 | −0.001% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.8 | −0.016% | $63.0M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.3 | −0.065% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.7 | +0.165% | $11K | $6.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.7 | −0.018% | $129K | $456K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0028% | 1h | 1,045.2 | −0.071% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.8 | −0.012% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.457% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERPshort | +0.0046% | 1h | 1,046.2 | +0.022% | — | $194K | 25x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.6 | −0.032% | $169K | $193K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MU-USD | +0.0050% | 1h | 1,045.7 | −0.020% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045 | −0.091% | $2.0M | $2.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0071% | 8h | 1,045.9 | −0.006% | $30.8M | $104.7M | 50x | as long as short |
| Lighter MU | +0.0072% | 1h | 1,045.9 | −0.004% | $1.0M | $4.9M | 20x | as long as short |
| QFEX MU-USDlong | +0.0080% | 1h | 1,045.9 | long leg | $7.9M | $23.9M | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,045.6 | −0.033% | $153K | $183K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.7 | −0.022% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.6 | −0.032% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.8 | −0.015% | $831 | $799 | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0104% | 1h | 1,045.7 | −0.022% | $62K | $280K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0108% | 8h | 1,045.9 | −0.002% | $2K | — | 5x | as long as short |
| Bullet MU-USD | +0.0110% | 1h | 1,046.1 | +0.016% | $25K | $395K | 10x | as long as short |
| Bitget MUUSDT | +0.0118% | 8h | 1,045.9 | −0.003% | $20.5M | $43.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.7 | −0.025% | $33K | — | 10x | as long as short |
| Nado MU-PERP | +0.0157% | 1h | 1,045.4 | −0.048% | $271K | $875K | 10x | as long as short |
| Aster MUUSD1 | +0.0166% | 8h | 1,046.3 | +0.033% | $21.5M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0178% | 8h | 1,045.7 | −0.023% | $2.7M | $2.5M | — | as long as short |
| tradeXYZ xyz:MU | +0.0190% | 1h | 1,045.6 | −0.032% | $176.7M | $104.6M | 10x | as long as short |
| Binance MUUSDT | +0.0190% | 8h | 1,045.9 | −0.003% | $124.4M | $532.5M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0219% | 8h | 1,046.1 | +0.019% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | −0.097% | $757K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0265% | 8h | 1,046.2 | +0.025% | $19.2M | $32.4M | 100x | as long as short |
| BloFin MU-USDT | +0.0309% | 8h | 1,046.1 | +0.019% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0368% | 1h | 1,045.3 | −0.060% | $541K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,045.6 | −0.032% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.9 | −0.008% | $71K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,046.3 | +0.036% | $317K | $339K | 20x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
OKX MU-USDT-SWAP
Lighter MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Deribit MU_USDC-PERPETUAL
Paradex MU-USD-PERP
Bullet MU-USD
Bitget MUUSDT
Aster MUUSD1
Variational Omni MU
tradeXYZ xyz:MU
Binance MUUSDT
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
BloFin MU-USDT
Extended MU_24_5-USD
Phoenix MU
RISEx MU/USDC