Funding you earn now, next payment 03:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h +0.032%
Price spread now: Extended against Vest−0.156%7-day average −0.691% · 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)+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.156%, 7d avg −0.691%
=Together, before fees+0.136%+ Points / potential airdropVest: Active · Extended: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.535% dearer against Vest than usual: you sell high and buy low: +$54 more if the spread goes back to its 7-day average of −0.691%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MU-USD-PERP | 1,053.5 | 0.0046 | pay 0.0006% / 1h | 5m 17s | — | $175K | 25x |
| Short | Extended MU_24_5-USD | 1,051.8 | 0.0072 | get 0.0009% / 1h | 5m 17s | $564K | $1.1M | 10x |
Vest MU-USD-PERP
Extended MU_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $5.53
- Price spread: −0.156% → −0.691%
- $53.5
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $52.03
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Extended: 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 Extended live order book, 3 min ago | 0.14 bp | 4.1 bp −$4 | 9.0 bp −$90 | 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 | −0.0138% | 4h | 1,052.3 | −0.111% | $1.3M | $672K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.6 | −0.084% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | −0.107% | $62.0M | $27.6M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.3 | −0.108% | $78K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052 | −0.139% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.2 | +0.072% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.3 | −0.114% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDT | +0.0010% | 8h | 1,052.8 | −0.060% | $19.2M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | +0.0016% | 8h | 1,052.5 | −0.094% | $31.1M | $99.9M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,051.9 | −0.147% | $3K | $44K | 10x | as long as short |
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Bybit MUUSDT
OKX MU-USDT-SWAP
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MU-USD | +0.0030% | 1h | 1,052.2 | −0.123% | $7.2M | $18.1M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.4 | −0.103% | $1.3M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.199% | $19K | $5K | 12x | as long as short |
| Aster MUUSD1 | +0.0036% | 8h | 1,052.4 | −0.103% | $21.4M | $55.0M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.9 | −0.153% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERPlong | +0.0046% | 1h | 1,053.5 | long leg | — | $175K | 25x | |
| Nado MU-PERP | +0.0048% | 1h | 1,051.9 | −0.145% | $282K | $844K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.2 | −0.120% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.3 | −0.106% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.5 | −0.184% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,052.5 | −0.087% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.5 | −0.095% | $1.1M | $5.1M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0064% | 1h | 1,052.2 | −0.116% | $69K | $391K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0064% | 1h | 1,052.3 | −0.110% | $178.6M | $98.9M | 10x | as long as short |
| Bullet MU-USD | +0.0065% | 1h | 1,052.5 | −0.095% | $26K | $398K | 10x | as long as short |
| Variational Omni MU | +0.0071% | 8h | 1,052.2 | −0.121% | $2.7M | $2.4M | — | as long as short |
| Extended MU_24_5-USDshort | +0.0072% | 1h | 1,051.8 | −0.156% | $564K | $1.1M | 10x | |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,051.9 | −0.144% | $758K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.5 | −0.096% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.2 | −0.123% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051.8 | −0.155% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.3 | −0.107% | $837 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,052.1 | −0.131% | $32K | $1K | 10x | as long as short |
| Binance MUUSDT | +0.0104% | 8h | 1,052.5 | −0.087% | $126.7M | $517.8M | 50x | as long as short |
| Bitget MUUSDT | +0.0135% | 8h | 1,052.4 | −0.100% | $20.6M | $41.0M | 50x | as long as short |
| BloFin MU-USDT | +0.0224% | 8h | 1,052.2 | −0.121% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,052.5 | −0.091% | $538K | $271K | 15x | as long as short |
QFEX MU-USD
Lighter RH MU
Injective MU/USDC PERP
Aster MUUSD1
Arcus MU-USD
Nado MU-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Deribit MU_USDC-PERPETUAL
tradeXYZ xyz:MU
Bullet MU-USD
Variational Omni MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Binance MUUSDT
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU