MU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%

Price spread now: QFEX against Vest−0.007%7-day average −0.636% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.027%−$3 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.007%, 7d avg −0.636%

Together, before fees−0.021%+ Points / potential airdropVest: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.629% dearer against Vest than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.636%): +$63 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MU-USD-PERP	1,038.2	0.0046	pay 0.0006% / 1h	28m 21s	—	$175K	25x
Short	QFEX MU-USD	1,038.1	0.0032	get 0.0004% / 1h	28m 21s	$7.0M	$18.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Vest. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee VestbpFee QFEXbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$2.86
Price spread: −0.007% → −0.636%: $62.94
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee QFEX: 5 bp × 2 orders: −$10
Net: $48.09
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; QFEX: live order book, 6 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 QFEX live order book, 6 min ago	1.16 bp	7.8 bp −$8	8.3 bp −$83	12.1 bp −$1,205	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	−0.103%	$1.3M	$673K	10x	as long as short
Bitget MUUSDT	−0.0212%	8h	1,038.3	+0.012%	$20.2M	$40.3M	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,038.6	+0.044%	$21.2M	$59.1M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,038.2	+0.006%	$121.6M	$537.5M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,038.3	+0.011%	$18.5M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,038.1	−0.008%	$29.9M	$100.0M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,038.2	+0.001%	$314K	$387K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,038	−0.014%	$61.6M	$28.5M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,037.4	−0.076%	$2.5M	$2.6M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,037.6	−0.052%	$73K	$1.4M	10x	as long as short

Show 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	−0.003%	$188K	$3.5M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,038.2	+0.006%	$26K	$389K	10x	as long as short
SunX MU-USDT	0.0000%	8h	1,039.6	+0.139%	$11K	$5.6M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,037.7	−0.045%	$74K	$563K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,037.4	−0.070%	$128K	$441K	50x	as long as short
Nado MU-PERP	+0.0001%	1h	1,037.9	−0.023%	$278K	$815K	10x	as long as short
Aftermath Perps MUUSD	+0.0014%	1h	1,036.7	−0.136%	$3K	$44K	10x	as long as short
Lighter MU	+0.0032%	1h	1,038.3	+0.010%	$1.1M	$4.9M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,038.1	−0.004%	$1.2M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,037.9	−0.026%	$540K	$1.1M	10x	as long as short
QFEX MU-USDshort	+0.0032%	1h	1,038.1	−0.007%	$7.0M	$18.6M	10x
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.272%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,037.2	−0.088%	$70K	$230K	10x	as long as short
Vest MU-USD-PERPlong	+0.0046%	1h	1,038.2	long leg	—	$175K	25x
tradeXYZ xyz:MU	+0.0050%	1h	1,037.9	−0.024%	$176.3M	$88.1M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,037.9	−0.024%	$168K	$195K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,038	−0.019%	$681K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,037.5	−0.065%	$1.8M	$2.6M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,038.3	+0.010%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,037.6	−0.051%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,037.9	−0.026%	$147K	$190K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,037.9	−0.023%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,037.2	−0.096%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,038.1	−0.008%	$825	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0104%	1h	1,036	−0.205%	$731K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,038.1	−0.001%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0231%	1h	1,037.8	−0.034%	$531K	$270K	15x	as long as short