MU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.001%

Price spread now: Vest against QFEX+0.092%54s7-day average +0.664% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.026%+$3 on $10k

Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.092%, 7d avg +0.664%

Together, before fees−0.092%+ Points / potential airdropVest: Active · farm board−$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.572% cheaper against QFEX than usual: you would sell low and buy high (spread +0.092% now, against its 7-day average of +0.664%). If the spread goes back, that is −$57 on $10k: about 4 months of funding at the current rate ($0 a day). The two prices were read 54 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	QFEX MU-USD	1,050.1	0.0030	pay 0.0004% / 1h	25m 39s	$7.2M	$18.1M	10x
Short	Vest MU-USD-PERP	1,051.1	0.0046	get 0.0006% / 1h	25m 39s	—	$175K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 QFEXbpFee VestbpOrdersPrice spread, now +0.092%Rate

Funding earned: $3.36
Price spread: +0.092% → +0.664%: −$57.18
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$65.82
Costs to cover: 0.120%
Break-even: 144.1 days

Slippage unknown: QFEX: live order book, 4 min ago; Vest: no order-book sample. 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 QFEX live order book, 4 min ago	0.52 bp	5.5 bp −$6	5.5 bp −$55	11.0 bp −$1,095	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0521%	4h	1,050.6	+0.044%	$1.3M	$670K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,050.4	+0.031%	$19.1M	$32.3M	100x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050.3	+0.021%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.1	+0.003%	$62.0M	$27.5M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,050.6	+0.050%	$85K	$1.3M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,049.8	−0.026%	$190K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,052.1	+0.188%	$11K	$5.9M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.1	−0.006%	$67K	$375K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050	−0.008%	$129K	$429K	50x	as long as short
Aftermath Perps MUUSD	+0.0020%	1h	1,050	−0.007%	$3K	$45K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MU-USDT-SWAP	+0.0021%	8h	1,050.1	+0.001%	$31.0M	$99.7M	50x	as long as short
QFEX MU-USDlong	+0.0030%	1h	1,050.1	long leg	$7.2M	$18.1M	10x
Lighter RH MU	+0.0032%	1h	1,050	−0.012%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.119%	$19K	$5K	12x	as long as short
Extended MU_24_5-USD	+0.0040%	1h	1,049.6	−0.052%	$564K	$1.1M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050	−0.007%	$71K	$235K	10x	as long as short
Vest MU-USD-PERPshort	+0.0046%	1h	1,051.1	+0.092%	—	$175K	25x
Lighter MU	+0.0048%	1h	1,050.3	+0.017%	$1.1M	$4.9M	20x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050	−0.010%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.3	+0.013%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.8	−0.027%	$1.9M	$2.3M	10x	as long as short
Nado MU-PERP	+0.0054%	1h	1,049.9	−0.021%	$282K	$848K	10x	as long as short
Paradex MU-USD-PERP	+0.0056%	8h	1,050.3	+0.019%	$2K	—	5x	as long as short
tradeXYZ xyz:MU	+0.0059%	1h	1,050	−0.010%	$178.1M	$99.2M	10x	as long as short
Aster MUUSD1	+0.0063%	8h	1,050.3	+0.017%	$21.4M	$52.8M	20x	as long as short
Bullet MU-USD	+0.0068%	1h	1,050.3	+0.021%	$25K	$398K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	−0.016%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,050.2	+0.010%	$149K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.1	−0.006%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.8	+0.066%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.2	+0.010%	$835	$799	20x	as long as short
Variational Omni MU	+0.0101%	8h	1,050.2	+0.006%	$2.7M	$2.4M	—	as long as short
Aevo MU-PERP	+0.0112%	1h	1,049.9	−0.015%	$32K	$1K	10x	as long as short
Bitget MUUSDT	+0.0119%	8h	1,050.4	+0.026%	$20.6M	$41.1M	50x	as long as short
Binance MUUSDT	+0.0128%	8h	1,050.3	+0.016%	$126.5M	$518.8M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.6	+0.047%	$537K	$271K	15x	as long as short
BloFin MU-USDT	+0.0253%	8h	1,050.1	+0.002%	$1.5M	$2.0M	20x	as long as short