MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0265%/8h= −29.0% APRnext payment −$2.65 per $10,000 · paid last 24h −0.017%

Price spread now: SunX against Aster+0.026%7-day average +0.139% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$680.680% of the position

Long on Aster Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 3 days (all we have)+0.027%+$3 · spread now +0.026%, 7d avg +0.139%

Together, before fees−0.010%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SunX is 0.113% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.139%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MUUSD1	1,050.1	0.0265	pay 0.0265% / 8h	6h 58m	$21.6M	$48.9M	20x
Short	SunX MU-USDT	1,050.4	0	get 0.0000% / 8h	6h 58m	$11K	$6.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 AsterbpFee SunXbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$55.68
Price spread: +0.026% → +0.139%: −$11.31
Slippage, 4 orders: −$52.04
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$135.03
Costs to cover: 0.680%
Break-even: never at this rate

Slippage from Aster: live order book, 6 min ago; SunX: live order book, 10 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, 6 min ago	0.05 bp	5.1 bp −$5	6.1 bp −$61	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	21.57 bp	32.7 bp −$33	doesn't fit	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	−0.0387%	4h	1,050.6	+0.049%	$1.3M	$672K	10x	as long as short
Nado MU-PERP	−0.0020%	1h	1,049.5	−0.061%	$271K	$859K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,049.6	−0.052%	$62.5M	$27.2M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,050.3	+0.020%	$190K	$3.3M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,049.6	−0.047%	$26K	$397K	10x	as long as short
SunX MU-USDTshort	0.0000%	8h	1,050.4	+0.026%	$11K	$6.1M	10x
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,049.1	−0.095%	$65K	$315K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,049.4	−0.064%	$129K	$424K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,050.2	+0.013%	$3K	$45K	10x	as long as short
Lighter MU	+0.0032%	1h	1,049.2	−0.083%	$1.1M	$4.8M	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH MU	+0.0032%	1h	1,049.3	−0.074%	$1.2M	$4.1M	10x	as long as short
QFEX MU-USD	+0.0040%	1h	1,049.6	−0.045%	$7.6M	$20.9M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050.4	+0.028%	$71K	$242K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,050.8	+0.063%	—	$179K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,049.4	−0.066%	$178.2M	$100.2M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,049.3	−0.076%	$170K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,049.4	−0.064%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.1	−0.098%	$1.9M	$2.4M	10x	as long as short
Paradex MU-USD-PERP	+0.0079%	8h	1,049.5	−0.052%	$2K	—	5x	as long as short
OKX MU-USDT-SWAP	+0.0098%	8h	1,049.3	−0.076%	$30.9M	$101.4M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,049.8	−0.025%	$148K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,049.7	−0.038%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.5	+0.041%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,049.6	−0.046%	$834	$799	20x	as long as short
Injective MU/USDC PERP	+0.0107%	1h	1,051.4	+0.121%	$19K	$5K	12x	as long as short
Coinbase International MU-PERP-INTX	+0.0128%	1h	1,049.6	−0.049%	$761K	$1.2M	10x	as long as short
Bybit MUUSDT	+0.0129%	8h	1,049.6	−0.051%	$19.4M	$32.6M	100x	as long as short
Aevo MU-PERP	+0.0152%	1h	1,049.1	−0.092%	$32K	$1K	10x	as long as short
Extended MU_24_5-USD	+0.0200%	1h	1,049	−0.107%	$563K	$1.2M	10x	as long as short
Variational Omni MU	+0.0260%	8h	1,050.4	+0.025%	$2.7M	$2.4M	—	as long as short
Aster MUUSD1long	+0.0265%	8h	1,050.1	long leg	$21.6M	$48.9M	20x
Binance MUUSDT	+0.0269%	8h	1,049.4	−0.062%	$125.9M	$522.9M	50x	as long as short
Phoenix MU	+0.0383%	1h	1,050.9	+0.077%	$538K	$273K	15x	as long as short
BloFin MU-USDT	+0.0392%	8h	1,050.4	+0.029%	$1.5M	$2.0M	20x	as long as short
Bitget MUUSDT	+0.0401%	8h	1,049.6	−0.049%	$20.5M	$41.6M	50x	as long as short
RISEx MU/USDC	+0.0507%	1h	1,049.7	−0.034%	$316K	$340K	20x	as long as short
GRVT MU_USDT_Perp	+0.0549%	8h	1,050.6	+0.053%	$83K	$1.3M	10x	as long as short