Funding you earn now, next payment 05:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.01 per $10,000 · paid last 24h +0.025%
Price spread now: Arcus against Vest+0.041%7-day average −0.677% · 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)+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.041%, 7d avg −0.677%
=Together, before fees+0.044%+ Points / potential airdropVest: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.718% dearer against Vest than usual: you sell high and buy low, +$72 on $10k if it goes back to its 7-day average of −0.677%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MU-USD-PERP | 1,045.1 | 0.0046 | pay 0.0006% / 1h | 24m 22s | — | $176K | 25x |
| Short | Arcus MU-USD | 1,045.5 | 0.0040 | get 0.0005% / 1h | 24m 22s | $71K | $233K | 10x |
Vest MU-USD-PERP
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Vest. 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
- −$1.13
- Price spread: +0.041% → −0.677%
- $71.77
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $64.14
- Costs to cover
- 0.065%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Arcus: live order book, 29 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 Vest no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 29 min ago | 2.38 bp | 10.3 bp −$10 | 13.6 bp −$136 | doesn't fit | doesn't fit |
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 | −0.0396% | 4h | 1,046.6 | +0.140% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,045.2 | +0.011% | $21.2M | $56.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,044.6 | −0.050% | $124.3M | $521.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,044.5 | −0.056% | $18.7M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,044.1 | −0.095% | $30.9M | $99.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.1 | −0.005% | $337K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,044.2 | −0.088% | $62.0M | $27.8M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,044.7 | −0.043% | $20.5M | $41.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,045.4 | +0.032% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,046.9 | +0.167% | $79K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,045.6 | +0.048% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,044.8 | −0.033% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,044.2 | −0.089% | $73K | $475K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.1 | −0.004% | $130K | $432K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,045.5 | +0.037% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,044.8 | −0.030% | $7.0M | $17.9M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,045.1 | 0.000% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045 | −0.007% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,044.1 | −0.099% | $548K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.598% | $19K | $5K | 12x | as long as short |
| Arcus MU-USDshort | +0.0040% | 1h | 1,045.5 | +0.041% | $71K | $233K | 10x | |
| Nado MU-PERP | +0.0041% | 1h | 1,044.9 | −0.021% | $281K | $828K | 10x | as long as short |
| Vest MU-USD-PERPlong | +0.0046% | 1h | 1,045.1 | long leg | — | $176K | 25x | |
| Bullet MU-USD | +0.0046% | 1h | 1,044.4 | −0.068% | $25K | $394K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,044 | −0.106% | $176.7M | $95.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,044.2 | −0.087% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,044.4 | −0.068% | $685K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,045.1 | 0.000% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.5 | −0.055% | $1.9M | $2.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,043.8 | −0.126% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.1 | +0.004% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,044.9 | −0.021% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.8 | +0.067% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,044.8 | −0.027% | $831 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,045.6 | +0.042% | $752K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,045.5 | +0.033% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,045.9 | +0.076% | $535K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Nado MU-PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Ondo Perps MU-USD.P
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU