Funding you earn now, next payment 02:00 UTC+0.0196%/8h= +21.5% APRpaid last 24h +0.008%
Price spread now: Bitget against Vest−0.134%51s7-day average −0.655% · 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)−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.261%+$26 · spread now −0.134%, 7d avg −0.655%
=Together, before fees+0.256%+ Points / potential airdropVest: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.521% dearer against Vest than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of −0.655%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.005% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MU-USD-PERP | 1,051.1 | 0.0046 | pay 0.0006% / 1h | 20m 38s | — | $177K | 25x |
| Short | Bitget MUUSDT | 1,049.7 | 0.0242 | get 0.0242% / 8h | 6h 20m | $20.6M | $42.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $41.23
- Price spread: −0.134% → −0.655%
- $52.13
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $79.36
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Bitget: 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 Vest no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 0.43 bp | 7.6 bp −$8 | 9.3 bp −$93 | 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 36 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 | −0.0272% | 4h | 1,050.6 | −0.053% | $1.3M | $671K | 10x | as long as short |
| Nado MU-PERP | −0.0007% | 1h | 1,050.4 | −0.067% | $277K | $855K | 10x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,050.1 | −0.100% | $19.2M | $32.6M | 100x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.7 | −0.135% | $62.0M | $27.7M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.4 | −0.068% | $190K | $3.4M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,050.1 | −0.099% | $24K | $395K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,051.1 | 0.000% | $11K | $6.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,049.5 | −0.159% | $66K | $338K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,049.9 | −0.118% | $129K | $425K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,050 | −0.111% | $3K | $45K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MU | +0.0032% | 1h | 1,049.8 | −0.124% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.8 | −0.131% | $1.1M | $4.2M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,049.3 | −0.177% | $567K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,050 | −0.108% | $7.4M | $19.5M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,049.9 | −0.118% | $71K | $236K | 10x | as long as short |
| Vest MU-USD-PERPlong | +0.0046% | 1h | 1,051.1 | long leg | — | $177K | 25x | |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,049.5 | −0.155% | $178.1M | $99.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.7 | −0.136% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,049.8 | −0.123% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049 | −0.207% | $1.9M | $2.3M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0054% | 8h | 1,049.7 | −0.133% | $30.8M | $100.5M | 50x | as long as short |
| Paradex MU-USD-PERP | +0.0062% | 8h | 1,049.7 | −0.132% | $2K | — | 5x | as long as short |
| GRVT MU_USDT_Perp | +0.0085% | 8h | 1,050.7 | −0.037% | $81K | $1.3M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,049.8 | −0.128% | $148K | $187K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.7 | −0.133% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.9 | −0.018% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,049.8 | −0.125% | $835 | $799 | 20x | as long as short |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.022% | $19K | $5K | 12x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,049.7 | −0.135% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0128% | 1h | 1,050.3 | −0.081% | $757K | $1.2M | 10x | as long as short |
| Aster MUUSD1 | +0.0164% | 8h | 1,049.9 | −0.113% | $21.6M | $51.5M | 20x | as long as short |
| Variational Omni MU | +0.0181% | 8h | 1,049.8 | −0.131% | $2.7M | $2.4M | — | as long as short |
| Binance MUUSDT | +0.0199% | 8h | 1,049.8 | −0.129% | $126.5M | $523.6M | 50x | as long as short |
| Bitget MUUSDTshort | +0.0242% | 8h | 1,049.7 | −0.134% | $20.6M | $42.0M | 50x | |
| Phoenix MU | +0.0304% | 1h | 1,050.3 | −0.079% | $537K | $273K | 15x | as long as short |
| RISEx MU/USDC | +0.0507% | 1h | 1,050 | −0.107% | $334K | $348K | 20x | as long as short |
Bitget MUUSDT
edgeX MUUSDC
Bybit MUUSDT
Gate MU_USDT
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
OKX MU-USDT-SWAP
Paradex MU-USD-PERP
GRVT MU_USDT_Perp
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Injective MU/USDC PERP
Coinbase International MU-PERP-INTX
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
Phoenix MU
RISEx MU/USDC