Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h +0.020%
Price spread now: Bullet against Vest+0.018%7-day average −0.612% · 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)+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.018%, 7d avg −0.612%
=Together, before fees+0.066%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bullet is 0.631% dearer against Vest than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.612%): +$63 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 46 days. Mind the row above: over the last 3 days funding on this pair paid +0.087%, 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 | Vest MU-USD-PERP | 1,037.9 | 0.0046 | pay 0.0006% / 1h | 28m 30s | — | $175K | 25x |
| Short | Bullet MU-USD | 1,038.1 | 0 | get 0.0000% / 1h | 28m 30s | $26K | $389K | 10x |
Vest MU-USD-PERP
Bullet MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- −$9.59
- Price spread: +0.018% → −0.612%
- $63.05
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $43.46
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Bullet: live order book, 16 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 Bullet live order book, 16 min ago | 0.96 bp | 6.6 bp −$7 | 20.6 bp −$206 | 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 | −0.0853% | 4h | 1,037.1 | −0.078% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0212% | 8h | 1,038.3 | +0.037% | $20.2M | $40.3M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.6 | +0.065% | $21.2M | $59.1M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.1 | +0.024% | $121.6M | $537.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.3 | +0.038% | $18.5M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.1 | +0.018% | $29.9M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.2 | +0.026% | $314K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038 | +0.010% | $61.6M | $28.5M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.4 | −0.051% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.6 | −0.027% | $73K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
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 | 1,038.1 | +0.022% | $188K | $3.5M | 20x | as long as short |
| Bullet MU-USDshort | 0.0000% | 1h | 1,038.1 | +0.018% | $26K | $389K | 10x | |
| SunX MU-USDT | 0.0000% | 8h | 1,039.6 | +0.164% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,037.7 | −0.020% | $74K | $563K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.4 | −0.045% | $128K | $441K | 50x | as long as short |
| Nado MU-PERP | +0.0001% | 1h | 1,037.9 | +0.003% | $278K | $815K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0014% | 1h | 1,036.5 | −0.129% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,038.3 | +0.035% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.1 | +0.021% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.8 | −0.009% | $540K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,038.1 | +0.018% | $7.0M | $18.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.298% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.2 | −0.063% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERPlong | +0.0046% | 1h | 1,037.9 | long leg | — | $175K | 25x | |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.9 | +0.001% | $176.3M | $88.1M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.8 | −0.009% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038 | +0.006% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.5 | −0.040% | $1.8M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,038.3 | +0.035% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.6 | −0.031% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.9 | −0.001% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.9 | −0.002% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.2 | −0.071% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.9 | 0.000% | $825 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | −0.180% | $731K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.1 | +0.024% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.8 | −0.009% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Nado MU-PERP
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
Arcus MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
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