Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +11.0% APRpaid last 24h +0.012%
Price spread now: Bybit against Vest−0.038%7-day average −0.664% · 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)+0.013%+$1 on $10k
+Price spread, last 3 days (all we have)+0.029%+$3 · spread now −0.038%, 7d avg −0.664%
=Together, before fees+0.042%+ Points / potential airdropVest: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.626% dearer against Vest than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −0.664%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MU-USD-PERP | 1,049 | 0.0046 | pay 0.0006% / 1h | 33m 27s | — | $179K | 25x |
| Short | Bybit MUUSDT | 1,048.6 | 0.0146 | get 0.0146% / 8h | 7h 33m | $19.1M | $32.5M | 100x |
Vest MU-USD-PERP
Bybit MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $21.05
- Price spread: −0.038% → −0.664%
- $62.59
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $70.63
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 1.05 bp | 8.1 bp −$8 | 10.1 bp −$101 | 22.2 bp −$2,219 | 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 | −0.0111% | 4h | 1,049.2 | +0.026% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048.1 | −0.079% | $62.7M | $28.8M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.5 | −0.041% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,049.9 | +0.088% | $11K | $6.2M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.2 | −0.072% | $129K | $425K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,048.7 | −0.022% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,048.2 | −0.077% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,048 | −0.090% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.228% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERPlong | +0.0046% | 1h | 1,049 | long leg | — | $179K | 25x |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MU_USDC-PERPETUAL | +0.0046% | 1h | 1,048.1 | −0.085% | $63K | $299K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.1 | −0.083% | $170K | $202K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,047.3 | −0.164% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,048.1 | −0.079% | $7.8M | $22.7M | 10x | as long as short |
| Nado MU-PERP | +0.0076% | 1h | 1,047.7 | −0.123% | $274K | $858K | 10x | as long as short |
| SoDEX MU-USD | +0.0077% | 1h | 1,048.4 | −0.059% | $688K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0091% | 8h | 1,048.2 | −0.070% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAP | +0.0095% | 8h | 1,048.4 | −0.059% | $30.8M | $101.9M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.2 | −0.070% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,048.1 | −0.088% | $5.3M | $3.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,049.8 | +0.083% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.5 | −0.048% | $834 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,048.2 | −0.075% | $32K | $1K | 10x | as long as short |
| Bybit MUUSDTshort | +0.0146% | 8h | 1,048.6 | −0.038% | $19.1M | $32.5M | 100x | |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,049.8 | +0.080% | $760K | $1.2M | 10x | as long as short |
| Variational Omni MU | +0.0210% | 8h | 1,049.5 | +0.051% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0216% | 8h | 1,048.6 | −0.033% | $21.6M | $48.3M | 20x | as long as short |
| Binance MUUSDT | +0.0220% | 8h | 1,048 | −0.089% | $125.8M | $524.3M | 50x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,048.9 | −0.010% | $71K | $243K | 10x | as long as short |
| Bullet MU-USD | +0.0255% | 1h | 1,048.4 | −0.053% | $26K | $395K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0295% | 1h | 1,048.3 | −0.064% | $177.8M | $101.1M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,048.5 | −0.049% | $315K | $339K | 20x | as long as short |
| Bitget MUUSDT | +0.0328% | 8h | 1,048.2 | −0.071% | $20.6M | $41.6M | 50x | as long as short |
| BloFin MU-USDT | +0.0342% | 8h | 1,049.1 | +0.016% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,048.3 | −0.064% | $536K | $306K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0432% | 1h | 1,047.8 | −0.115% | $569K | $1.2M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0570% | 8h | 1,048.5 | −0.044% | $83K | $1.3M | 10x | as long as short |
Deribit MU_USDC-PERPETUAL
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Nado MU-PERP
SoDEX MU-USD
Paradex MU-USD-PERP
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Arcus MU-USD
Bullet MU-USD
tradeXYZ xyz:MU
RISEx MU/USDC
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU
Extended MU_24_5-USD
GRVT MU_USDT_Perp