Funding you earn now, next payment 08:00 UTC+0.0188%/8h= +20.6% APRnext payment +$1.88 per $10,000 · paid last 24h +0.017%
Price spread now: Aster against SunX−0.216%7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$720.724% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)+0.163%+$16 · spread now −0.216%, 7d avg −0.139%
=Together, before fees+0.199%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.076% cheaper against SunX than usual: you would sell low and buy high (spread −0.216% now, against its 7-day average of −0.139%). If the spread goes back, that is −$8 on $10k: about 32 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.036% in total) that is about 15 days.
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 +$1.88 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 | SunX MU-USDT | 1,051.9 | 0 | get 0.0000% / 8h | 7h 49m | $11K | $6.3M | 10x |
| Short | Aster MUUSD1 | 1,049.6 | 0.0188 | get 0.0188% / 8h | 7h 49m | $21.6M | $47.8M | 20x |
SunX MU-USDT
Aster MUUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against SunX. 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
- $39.49
- Price spread: −0.216% → −0.139%
- −$7.62
- Slippage, 4 orders
- −$56.38
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$40.51
- Costs to cover
- 0.724%
- Break-even
- 14.2 days
Slippage from SunX: live order book, 10 min ago; Aster: live order book, 5 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 SunX live order book, 10 min ago | 21.54 bp | 25.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 1.14 bp | 6.8 bp −$7 | 12.4 bp −$124 | 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 | −0.0156% | 4h | 1,048.4 | −0.336% | $1.3M | $672K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.4 | −0.147% | $63.3M | $28.4M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,049 | −0.280% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDTlong | 0.0000% | 8h | 1,051.9 | long leg | $11K | $6.3M | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,050.8 | −0.106% | $130K | $424K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0021% | 1h | 1,048.1 | −0.359% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,050.8 | −0.102% | $1.1M | $4.7M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.8 | −0.109% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | −0.113% | $14K | $251 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.9 | −0.091% | — | $195K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.5 | −0.230% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,050.1 | −0.167% | $7.8M | $23.3M | 10x | as long as short |
| Nado MU-PERP | +0.0061% | 1h | 1,049.8 | −0.198% | $272K | $859K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0064% | 1h | 1,050.4 | −0.143% | $63K | $294K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0092% | 8h | 1,050.8 | −0.104% | $31.0M | $101.7M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,049.8 | −0.198% | $152K | $177K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.6 | −0.223% | $5.3M | $3.7M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.1 | −0.176% | $835 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0103% | 8h | 1,050.2 | −0.158% | $2K | — | 5x | as long as short |
| Bybit MUUSDT | +0.0116% | 8h | 1,051.1 | −0.079% | $19.3M | $32.4M | 100x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,050.2 | −0.160% | $32K | $1K | 10x | as long as short |
| Variational Omni MU | +0.0177% | 8h | 1,049.9 | −0.188% | $2.7M | $2.4M | — | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,049.5 | −0.227% | $760K | $1.3M | 10x | as long as short |
| Aster MUUSD1short | +0.0188% | 8h | 1,049.6 | −0.216% | $21.6M | $47.8M | 20x | |
| Binance MUUSDT | +0.0195% | 8h | 1,050.8 | −0.100% | $125.9M | $524.2M | 50x | as long as short |
| Bitget MUUSDT | +0.0205% | 8h | 1,050.5 | −0.137% | $20.6M | $41.4M | 50x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,048.8 | −0.293% | $71K | $243K | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,050.4 | −0.140% | $316K | $339K | 20x | as long as short |
| Polymarket Perps MU-USD | +0.0314% | 1h | 1,050.4 | −0.143% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0314% | 1h | 1,050.5 | −0.131% | $689K | $16K | 10x | as long as short |
| BloFin MU-USDT | +0.0315% | 8h | 1,050.8 | −0.106% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,050.3 | −0.152% | $537K | $306K | 15x | as long as short |
| ApeX Omni MUUSDT | +0.0518% | 1h | 1,049.3 | −0.246% | $71K | $267K | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0533% | 8h | 1,048.8 | −0.298% | $83K | $1.4M | 10x | as long as short |
| Bullet MU-USD | +0.0543% | 1h | 1,050.6 | −0.121% | $26K | $394K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0544% | 1h | 1,050 | −0.177% | $556K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0582% | 1h | 1,050.1 | −0.171% | $178.5M | $101.1M | 10x | as long as short |
Ondo Perps MU-USD.P
QFEX MU-USD
Nado MU-PERP
Deribit MU_USDC-PERPETUAL
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
Paradex MU-USD-PERP
Bybit MUUSDT
Aevo MU-PERP
Variational Omni MU
Coinbase International MU-PERP-INTX
Binance MUUSDT
Bitget MUUSDT
Arcus MU-USD
RISEx MU/USDC
Polymarket Perps MU-USD
SoDEX MU-USD
BloFin MU-USDT
Phoenix MU
ApeX Omni MUUSDT
GRVT MU_USDT_Perp
Bullet MU-USD
Extended MU_24_5-USD
tradeXYZ xyz:MU