Funding you earn now, next payment 04:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.045%
Price spread now: Coinbase International against Vest−0.070%7-day average −0.672% · 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)+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.070%, 7d avg −0.672%
=Together, before fees+0.074%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.603% dearer against Vest than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of −0.672%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MU-USD-PERP | 1,045.5 | 0.0046 | pay 0.0006% / 1h | 21m 13s | — | $176K | 25x |
| Short | Coinbase International MU-PERP-INTX | 1,044.8 | 0.0120 | get 0.0015% / 1h | 21m 13s | $749K | $1.2M | 10x |
Vest MU-USD-PERP
Coinbase International MU-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $15.61
- Price spread: −0.070% → −0.672%
- $60.26
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $63.86
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago | 3.21 bp | 8.2 bp −$8 | 8.5 bp −$85 | 60.1 bp −$6,007 | 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 | −0.0096% | 4h | 1,044 | −0.143% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,045.1 | −0.035% | $21.2M | $56.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,045 | −0.051% | $124.3M | $522.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,045.3 | −0.020% | $18.7M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,044.8 | −0.070% | $30.9M | $99.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.2 | −0.026% | $337K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,044.7 | −0.078% | $62.0M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,045.2 | −0.030% | $20.5M | $41.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,045.4 | −0.004% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,045.6 | +0.014% | $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 | 1,044.2 | −0.121% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.5 | +0.193% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,044.8 | −0.067% | $130K | $435K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,045 | −0.046% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045.1 | −0.039% | $7.1M | $18.0M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,045 | −0.042% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,044.8 | −0.061% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,044.7 | −0.071% | $548K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.562% | $19K | $5K | 12x | as long as short |
| Nado MU-PERP | +0.0038% | 1h | 1,044.8 | −0.065% | $281K | $828K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,044.6 | −0.088% | $70K | $233K | 10x | as long as short |
| Bullet MU-USD | +0.0045% | 1h | 1,045.3 | −0.019% | $26K | $393K | 10x | as long as short |
| Vest MU-USD-PERPlong | +0.0046% | 1h | 1,045.5 | long leg | — | $176K | 25x | |
| Deribit MU_USDC-PERPETUAL | +0.0047% | 1h | 1,045 | −0.049% | $73K | $477K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,044.5 | −0.094% | $176.8M | $95.3M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045 | −0.046% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,044.7 | −0.072% | $686K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,045.3 | −0.016% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.3 | −0.113% | $1.9M | $2.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,044.7 | −0.072% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045 | −0.046% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,044.8 | −0.061% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,044 | −0.141% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045 | −0.047% | $831 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTXshort | +0.0120% | 1h | 1,044.8 | −0.070% | $749K | $1.2M | 10x | |
| BloFin MU-USDT | +0.0120% | 8h | 1,045.3 | −0.019% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,044.9 | −0.055% | $534K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
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
Arcus MU-USD
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
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
BloFin MU-USDT
Phoenix MU