Funding you earn now, next payment 21:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.007%
Price spread now: Aster against Injective−0.707%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.707% cheaper against Injective than usual: you would sell low and buy high (−$71 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MU/USDC PERP | 1,050.7 | 0.0033 | pay 0.0004% / 1h | 31m 05s | $14K | $302 | 12x |
| Short | Aster MUUSD1 | 1,043.3 | 0 | get 0.0000% / 8h | 3h 31m | $21.4M | $32.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Injective. 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
- −$7
- Price spread: −0.707% → 0.000%
- −$70.68
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$85.7
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Aster: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 3 min ago | 0.81 bp | 5.6 bp −$6 | 18.8 bp −$188 | doesn't fit | doesn't fit |
Injective: 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 | −0.0008% | 4h | 1,042.9 | −0.741% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1short | 0.0000% | 8h | 1,043.3 | −0.707% | $21.4M | $32.3M | 20x | |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,043.1 | −0.725% | $30.9M | $103.7M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,042.9 | −0.739% | $63.0M | $28.6M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,041.8 | −0.848% | $2.7M | $2.7M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,042.6 | −0.769% | $188K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,044.7 | −0.575% | $11K | $6.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,042.9 | −0.743% | $125K | $438K | 50x | as long as short |
| Binance MUUSDT | +0.0014% | 8h | 1,043.2 | −0.712% | $124.6M | $536.4M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,042.2 | −0.814% | $3K | $44K | 10x | 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 | 1,042.9 | −0.741% | $1.1M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERPlong | +0.0033% | 1h | 1,050.7 | long leg | $14K | $302 | 12x | |
| Bitget MUUSDT | +0.0037% | 8h | 1,043 | −0.730% | $20.4M | $42.6M | 50x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,042.6 | −0.776% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,042.5 | −0.781% | $165K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043 | −0.739% | $684K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.2 | −0.810% | $2.0M | $2.6M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0052% | 1h | 1,042.6 | −0.772% | $177.8M | $99.9M | 10x | as long as short |
| BloFin MU-USDT | +0.0055% | 8h | 1,043.3 | −0.705% | $1.5M | $2.0M | 20x | as long as short |
| QFEX MU-USD | +0.0057% | 1h | 1,042.7 | −0.760% | $7.8M | $23.9M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0060% | 8h | 1,043.1 | −0.720% | $81K | $1.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0065% | 8h | 1,042.7 | −0.760% | $2K | — | 5x | as long as short |
| Bybit MUUSDT | +0.0072% | 8h | 1,043.4 | −0.700% | $18.8M | $31.9M | 100x | as long as short |
| Aevo MU-PERP | +0.0088% | 1h | 1,042.6 | −0.770% | $33K | — | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,042 | −0.833% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.3 | −0.805% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.3 | −0.708% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.3 | −0.708% | $829 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0126% | 1h | 1,043 | −0.735% | $287K | $333K | 20x | as long as short |
| Lighter MU | +0.0128% | 1h | 1,043.2 | −0.720% | $957K | $4.8M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,041.8 | −0.847% | $755K | $1.8M | 10x | as long as short |
| Bullet MU-USD | +0.0160% | 1h | 1,042.9 | −0.740% | $25K | $398K | 10x | as long as short |
| Nado MU-PERP | +0.0172% | 1h | 1,042.2 | −0.809% | $333K | $815K | 10x | as long as short |
| Arcus MU-USD | +0.0182% | 1h | 1,042.4 | −0.788% | $63K | $236K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0239% | 1h | 1,042.8 | −0.752% | $54K | $162K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0288% | 1h | 1,042.3 | −0.797% | $526K | $997K | 10x | as long as short |
| Phoenix MU | +0.0306% | 1h | 1,042.8 | −0.753% | $533K | $266K | 15x | as long as short |
Injective MU/USDC PERP
Aster MUUSD1
edgeX MUUSDC
OKX MU-USDT-SWAP
Gate MU_USDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Binance MUUSDT
Aftermath Perps MUUSD
Lighter RH MU
Bitget MUUSDT
Polymarket Perps MU-USD
SoDEX MU-USD
tradeXYZ xyz:MU
BloFin MU-USDT
GRVT MU_USDT_Perp
Paradex MU-USD-PERP
Bybit MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
RISEx MU/USDC
Lighter MU
Coinbase International MU-PERP-INTX
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
Extended MU_24_5-USD
Phoenix MU