Funding you earn now, next payment 09:00 UTC−0.0040%/8h= −4.3% APRnext payment −$0.05 per $10,000 · paid last 24h +0.009%
Price spread now: Arcus against Aevo+0.010%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MU-PERP | 1,028.9 | 0.0080 | pay 0.0010% / 1h | 36m 48s | $32K | $1K | 10x |
| Short | Arcus MU-USD | 1,029 | 0.0040 | get 0.0005% / 1h | 36m 48s | $89K | $244K | 10x |
Aevo MU-PERP
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Aevo. 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
- −$8.34
- Price spread: +0.010% → 0.000%
- $1
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$27.84
- Costs to cover
- 0.205%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Arcus: live order book, 61 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 61 min ago | 3.13 bp | 11.4 bp −$11 | 13.1 bp −$131 | doesn't fit | doesn't fit |
Aevo: 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 | −0.0646% | 4h | 1,029.1 | +0.020% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0064% | 8h | 1,028.4 | −0.054% | $19.8M | $40.3M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,028.9 | −0.004% | $21.0M | $68.9M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,028.2 | −0.074% | $121.1M | $543.6M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,028.2 | −0.072% | $18.6M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,027.9 | −0.099% | $29.4M | $101.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,029.7 | +0.078% | $310K | $376K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,028.7 | −0.023% | $61.6M | $27.9M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,029.4 | +0.043% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,029 | +0.003% | $72K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
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 | 1,029 | +0.005% | $186K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,030.6 | +0.163% | $11K | $5.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,029 | +0.002% | $119K | $488K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0025% | 1h | 1,029.5 | +0.057% | $3K | $43K | 10x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,029.5 | +0.056% | $6.9M | $18.8M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,028 | −0.090% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,028.1 | −0.076% | $543K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.180% | $19K | $5K | 12x | as long as short |
| Arcus MU-USDshort | +0.0040% | 1h | 1,029 | +0.010% | $89K | $244K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,028.9 | +0.001% | — | $176K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,028.7 | −0.022% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,029.2 | +0.025% | $675K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,028.7 | −0.019% | $1.8M | $2.9M | 10x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,028.1 | −0.080% | $982K | $4.9M | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,028 | −0.087% | $2K | — | 5x | as long as short |
| tradeXYZ xyz:MU | +0.0072% | 1h | 1,027.9 | −0.100% | $173.8M | $79.4M | 10x | as long as short |
| Nado MU-PERP | +0.0073% | 1h | 1,029 | +0.011% | $262K | $810K | 10x | as long as short |
| Aevo MU-PERPlong | +0.0080% | 1h | 1,028.9 | long leg | $32K | $1K | 10x | |
| Bullet MU-USD | +0.0086% | 1h | 1,029.7 | +0.074% | $25K | $388K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,029.2 | +0.027% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,027.9 | −0.096% | $146K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,028.2 | −0.071% | $5.1M | $4.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,028.5 | −0.038% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,029.2 | +0.025% | $818 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,029.7 | +0.074% | $1.5M | $2.2M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0217% | 1h | 1,029.3 | +0.034% | $72K | $628K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,029.9 | +0.095% | $527K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Lighter MU
Paradex MU-USD-PERP
tradeXYZ xyz:MU
Nado MU-PERP
Bullet MU-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU