Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.013%
Price spread now: Aster against Orderly+0.042%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.042% dearer against Orderly than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MU_USDC_mythos | 1,028.4 | 0.0100 | pay 0.0100% / 8h | 7h 21m | $818 | $799 | 20x |
| Short | Aster MUUSD1 | 1,028.8 | 0 | get 0.0000% / 8h | 7h 21m | $21.0M | $69.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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: +0.042% → 0.000%
- $4.16
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$30.84
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 3 min ago | 0.93 bp | 5.6 bp −$6 | 14.3 bp −$143 | doesn't fit | doesn't fit |
Orderly: 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 | −0.0959% | 4h | 1,026.4 | −0.193% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1short | 0.0000% | 8h | 1,028.8 | +0.042% | $21.0M | $69.2M | 20x | |
| Binance MUUSDT | 0.0000% | 8h | 1,028.9 | +0.048% | $121.7M | $548.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,029 | +0.062% | $18.6M | $32.4M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,029.2 | +0.078% | $29.1M | $103.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,028 | −0.038% | $293K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,028.4 | +0.004% | $61.7M | $28.3M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,028.8 | +0.039% | $19.8M | $41.1M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,024.7 | −0.353% | $2.5M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,028.1 | −0.029% | $186K | $3.6M | 20x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MU-USDT | 0.0000% | 8h | 1,029.1 | +0.067% | $11K | $5.3M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,027.9 | −0.048% | $118K | $494K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,028.4 | +0.006% | $6.9M | $18.9M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,026.4 | −0.194% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,028.2 | −0.013% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,027.6 | −0.077% | $544K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.237% | $19K | $5K | 12x | as long as short |
| GRVT MU_USDT_Perp | +0.0040% | 8h | 1,026.9 | −0.141% | $81K | $1.4M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,028.1 | −0.026% | $89K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,028.2 | −0.015% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,028.3 | −0.006% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,028 | −0.040% | $675K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,027.5 | −0.081% | $1.9M | $3.1M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0066% | 8h | 1,028.5 | +0.010% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,028.5 | +0.010% | $994K | $5.0M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,028.7 | +0.033% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,024.5 | −0.375% | $716K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0099% | 1h | 1,028.7 | +0.033% | $173.9M | $78.9M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,028 | −0.034% | $146K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,027.5 | −0.083% | $5.1M | $4.7M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,026.4 | −0.193% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythoslong | +0.0100% | 8h | 1,028.4 | long leg | $818 | $799 | 20x | |
| Nado MU-PERP | +0.0100% | 1h | 1,027.7 | −0.064% | $264K | $815K | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,027.2 | −0.117% | $1.5M | $2.3M | 20x | as long as short |
| Bullet MU-USD | +0.0143% | 1h | 1,029.1 | +0.072% | $25K | $388K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0217% | 1h | 1,028 | −0.034% | $72K | $630K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,028.4 | +0.004% | $526K | $270K | 15x | as long as short |
Aster MUUSD1
edgeX MUUSDC
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
GRVT MU_USDT_Perp
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Lighter MU
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
Phoenix MU