Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.017%
Price spread now: GRVT against Vest−0.130%7-day average −0.603% · 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)+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.130%, 7d avg −0.603%
=Together, before fees+0.187%+ Points / potential airdropVest: Active · GRVT: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.474% dearer against Vest than usual: you sell high and buy low (spread −0.130% now, against its 7-day average of −0.603%): +$47 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 35 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MU-USD-PERP | 1,049.3 | 0.0046 | pay 0.0006% / 1h | 47m 27s | — | $176K | 25x |
| Short | GRVT MU_USDT_Perp | 1,048 | 0 | get 0.0000% / 8h | 3h 47m | $82K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: −0.130% → −0.603%
- $47.36
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $26.77
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; GRVT: live order book, 1 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 GRVT live order book, 1 min ago | 0.05 bp | 6.0 bp −$6 | 8.8 bp −$88 | 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 | −0.0642% | 4h | 1,048 | −0.124% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,049.3 | −0.001% | $21.3M | $55.8M | 20x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,048.9 | −0.043% | $19.0M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,048.9 | −0.043% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,048.8 | −0.049% | $339K | $355K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048.6 | −0.069% | $62.3M | $27.6M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,048.8 | −0.052% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,049.1 | −0.027% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perpshort | 0.0000% | 8h | 1,048 | −0.130% | $82K | $1.4M | 10x | |
| StandX MU-USD | 0.0000% | 1h | 1,047.9 | −0.142% | $189K | $3.4M | 20x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MU-USDT | 0.0000% | 8h | 1,049.4 | +0.001% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.3 | −0.097% | $130K | $430K | 50x | as long as short |
| Binance MUUSDT | +0.0003% | 8h | 1,048.7 | −0.060% | $125.7M | $517.5M | 50x | as long as short |
| BloFin MU-USDT | +0.0020% | 8h | 1,048 | −0.129% | $1.5M | $2.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,048.8 | −0.049% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,048.6 | −0.067% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,048.6 | −0.067% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,048.8 | −0.053% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048.1 | −0.122% | $563K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.193% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,048.5 | −0.081% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERPlong | +0.0046% | 1h | 1,049.3 | long leg | — | $176K | 25x | |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,048.2 | −0.109% | $177.8M | $97.1M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.4 | −0.090% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,047.9 | −0.133% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,047.7 | −0.159% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,048.9 | −0.044% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0059% | 1h | 1,048.7 | −0.060% | $282K | $830K | 10x | as long as short |
| Bullet MU-USD | +0.0066% | 1h | 1,048.8 | −0.051% | $26K | $394K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,048.1 | −0.114% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.8 | −0.050% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,048.4 | −0.090% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,047 | −0.219% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.3 | −0.100% | $833 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.066% | $757K | $1.2M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0189% | 1h | 1,048.3 | −0.101% | $73K | $461K | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,048.5 | −0.080% | $536K | $271K | 15x | as long as short |
GRVT MU_USDT_Perp
edgeX MUUSDC
Aster MUUSD1
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Binance MUUSDT
BloFin MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Bullet MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
Deribit MU_USDC-PERPETUAL
Phoenix MU