Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h −0.008%
Price spread now: Aevo against Arcus+0.047%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.047% dearer against Arcus than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus MU-USD | 1,034.9 | 0.0040 | pay 0.0005% / 1h | 24m 45s | $70K | $231K | 10x |
| Short | Aevo MU-PERP | 1,035.4 | 0.0080 | get 0.0010% / 1h | 24m 45s | $32K | $1K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Arcus. 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: +0.047% → 0.000%
- $4.68
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$7.48
- Costs to cover
- 0.205%
- Break-even
- 13.3 days
Slippage unknown: Arcus: live order book, 23 min ago; Aevo: no order-book sample. 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 Arcus live order book, 23 min ago | 3.74 bp | 9.4 bp −$9 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
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 | −0.0386% | 4h | 1,034 | −0.090% | $1.3M | $671K | 10x | as long as short |
| Bitget MUUSDT | −0.0097% | 8h | 1,036.1 | +0.109% | $20.3M | $41.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,035.6 | +0.069% | $21.0M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,035.3 | +0.039% | $121.6M | $532.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,035.6 | +0.067% | $18.5M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036 | +0.102% | $29.9M | $100.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,035.2 | +0.023% | $316K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035.2 | +0.025% | $61.4M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,034.5 | −0.044% | $2.6M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037 | +0.204% | $75K | $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 | 1,034.5 | −0.041% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,036.9 | +0.189% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,035.4 | +0.050% | $127K | $448K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,035.2 | +0.025% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,034.8 | −0.014% | $7.0M | $18.1M | 10x | as long as short |
| Nado MU-PERP | +0.0027% | 1h | 1,034.8 | −0.010% | $276K | $819K | 10x | as long as short |
| Bullet MU-USD | +0.0032% | 1h | 1,035.7 | +0.074% | $25K | $389K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,035.4 | +0.049% | $1.2M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,034.7 | −0.017% | $538K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.589% | $19K | $5K | 12x | as long as short |
| Arcus MU-USDlong | +0.0040% | 1h | 1,034.9 | long leg | $70K | $231K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,034.8 | −0.010% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,035.2 | +0.027% | $175.9M | $91.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.3 | +0.037% | $168K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,034.8 | −0.010% | $679K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.3 | +0.039% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,035.7 | +0.077% | $2K | — | 5x | as long as short |
| Aevo MU-PERPshort | +0.0080% | 1h | 1,035.4 | +0.047% | $32K | $1K | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,035.2 | +0.026% | $147K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,034.9 | −0.003% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,034.3 | −0.064% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035 | +0.008% | $823 | $799 | 20x | as long as short |
| Lighter MU | +0.0112% | 1h | 1,035.3 | +0.033% | $1.0M | $4.9M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,035.9 | +0.090% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,035.7 | +0.072% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,035 | +0.008% | $529K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0301% | 1h | 1,035.7 | +0.072% | $73K | $515K | 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_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Bullet MU-USD
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
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU
Deribit MU_USDC-PERPETUAL