Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.013%
Price spread now: ApeX Omni against Aster+0.055%89s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.055%, 7d avg −0.006%
=Together, before fees+0.060%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.061% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUUSD1 | 1,045 | 0 | get 0.0000% / 8h | 3h 14m | $21.2M | $56.7M | 20x |
| Short | ApeX Omni MUUSDT | 1,045.6 | 0.0100 | get 0.0013% / 1h | 14m 02s | $71K | $269K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Aster. 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
- $21
- Price spread: +0.055% → −0.006%
- $6.06
- Slippage, 4 orders
- −$31.88
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$22.83
- Costs to cover
- 0.499%
- Break-even
- 14.6 days
Slippage from Aster: live order book, 5 min ago; ApeX Omni: live order book, 38 min ago.
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 Aster live order book, 5 min ago | 0.05 bp | 5.3 bp −$5 | 6.7 bp −$67 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 38 min ago | 8.58 bp | 19.2 bp −$19 | 195.4 bp −$1,954 | doesn't fit | doesn't fit |
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 | −0.0649% | 4h | 1,044.1 | −0.087% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1long | 0.0000% | 8h | 1,045 | long leg | $21.2M | $56.7M | 20x | |
| Binance MUUSDT | 0.0000% | 8h | 1,044.9 | −0.014% | $123.9M | $523.2M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,045.1 | +0.010% | $18.7M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,044.8 | −0.020% | $30.9M | $99.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,044.9 | −0.011% | $337K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,044.8 | −0.022% | $62.1M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,045.2 | +0.015% | $20.5M | $41.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,045.2 | +0.012% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,045.3 | +0.030% | $83K | $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 | 1,045 | −0.001% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047 | +0.191% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,044.9 | −0.014% | $130K | $435K | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0018% | 1h | 1,044.6 | −0.041% | $73K | $482K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,044.8 | −0.021% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,044.6 | −0.046% | $7.0M | $18.0M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,044.9 | −0.017% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,044.7 | −0.027% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,044.5 | −0.050% | $560K | $1.1M | 10x | as long as short |
| Nado MU-PERP | +0.0033% | 1h | 1,044.6 | −0.037% | $281K | $830K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.606% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0038% | 1h | 1,045 | 0.000% | $25K | $392K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,044.5 | −0.053% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.3 | +0.024% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,044.7 | −0.031% | $177.2M | $95.8M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,044.8 | −0.022% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,044.9 | −0.012% | $686K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,044.8 | −0.025% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.1 | −0.092% | $1.9M | $2.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,044.5 | −0.053% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,044.6 | −0.041% | $147K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,044.4 | −0.059% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDTshort | +0.0100% | 1h | 1,045.6 | +0.055% | $71K | $269K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,044.7 | −0.033% | $831 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,044.6 | −0.041% | $749K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,044.9 | −0.010% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,044.2 | −0.079% | $534K | $271K | 15x | as long as short |
Aster MUUSD1
ApeX Omni MUUSDT
edgeX MUUSDC
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Deribit MU_USDC-PERPETUAL
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU