Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.022%
Price spread now: Arcus against Aster−0.052%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 4 days (all we have)+0.117%+$12 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.052%, 7d avg −0.043%
=Together, before fees+0.172%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.043%, 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 | Aster MUUSD1 | 1,038.8 | 0 | get 0.0000% / 8h | 1h 15m | $21.1M | $60.9M | 20x |
| Short | Arcus MU-USD | 1,038.2 | 0.0040 | get 0.0005% / 1h | 15m 31s | $90K | $250K | 10x |
Aster MUUSD1
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $8.46
- Price spread: −0.052% → −0.043%
- −$0.93
- Slippage, 4 orders
- −$21.77
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$26.74
- Costs to cover
- 0.343%
- Break-even
- 29.1 days
Slippage from Aster: live order book, 4 min ago; Arcus: live order book, 28 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, 4 min ago | 0.72 bp | 9.0 bp −$9 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 28 min ago | 1.79 bp | 10.9 bp −$11 | 14.7 bp −$147 | 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 | −0.0331% | 4h | 1,039.1 | +0.035% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0167% | 8h | 1,038.6 | −0.015% | $20.2M | $40.4M | 50x | as long as short |
| Nado MU-PERP | −0.0011% | 1h | 1,038.3 | −0.044% | $279K | $814K | 10x | as long as short |
| Aster MUUSD1long | 0.0000% | 8h | 1,038.8 | long leg | $21.1M | $60.9M | 20x | |
| Binance MUUSDT | 0.0000% | 8h | 1,038.4 | −0.035% | $122.1M | $538.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.4 | −0.035% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.2 | −0.057% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.7 | −0.005% | $313K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.2 | −0.050% | $61.6M | $28.7M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.4 | −0.039% | $2.5M | $2.6M | — | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Nado MU-PERP
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.8 | +0.004% | $84K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,038.4 | −0.032% | $188K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,038.5 | −0.021% | $26K | $390K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.9 | +0.110% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.3 | −0.048% | $74K | $572K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.1 | −0.060% | $128K | $442K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0013% | 1h | 1,038.8 | +0.003% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,038.6 | −0.013% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.5 | −0.029% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038 | −0.077% | $537K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,038.3 | −0.042% | $7.0M | $18.7M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.213% | $19K | $5K | 12x | as long as short |
| Arcus MU-USDshort | +0.0040% | 1h | 1,038.2 | −0.052% | $90K | $250K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,039 | +0.026% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.2 | −0.054% | $176.4M | $86.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.3 | −0.044% | $169K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.5 | −0.027% | $682K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.9 | −0.084% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,038.5 | −0.025% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.1 | −0.061% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.4 | −0.031% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.2 | −0.059% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.8 | +0.007% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.4 | −0.031% | $826 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | −0.264% | $731K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,039.1 | +0.033% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039.4 | +0.062% | $532K | $270K | 15x | as long as short |
GRVT MU_USDT_Perp
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU