Funding you earn now, next payment 03:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.046%
Price spread now: Coinbase International against Vest−0.037%7-day average −0.681% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.037%, 7d avg −0.681%
=Together, before fees0.000%+ Points / potential airdropVest: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.644% dearer against Vest than usual: you sell high and buy low: +$64 more if the spread goes back to its 7-day average of −0.681%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MU-USD-PERP | 1,053.3 | 0.0046 | pay 0.0006% / 1h | 11m 00s | — | $176K | 25x |
| Short | Coinbase International MU-PERP-INTX | 1,052.9 | 0.0080 | get 0.0010% / 1h | 11m 00s | $759K | $1.2M | 10x |
Vest MU-USD-PERP
Coinbase International MU-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Vest. 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
- $7.21
- Price spread: −0.037% → −0.681%
- $64.41
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $59.61
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 2 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 Vest no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 2 min ago | 2.99 bp | 8.0 bp −$8 | 8.0 bp −$80 | 65.9 bp −$6,589 | doesn't fit |
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 | −0.0084% | 4h | 1,051.4 | −0.175% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,052.5 | −0.077% | $21.4M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.4 | −0.087% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.3 | −0.096% | $340K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.2 | −0.104% | $62.3M | $27.5M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,051.9 | −0.128% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,051.7 | −0.152% | $81K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.7 | −0.152% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.5 | −0.070% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,051.9 | −0.133% | $72K | $444K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,052.1 | −0.112% | $131K | $434K | 50x | as long as short |
| Bybit MUUSDT | +0.0019% | 8h | 1,052.4 | −0.081% | $19.1M | $32.3M | 100x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,051.9 | −0.134% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.3 | −0.095% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.8 | −0.144% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.182% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.1 | −0.117% | $7.1M | $17.8M | 10x | as long as short |
| Binance MUUSDT | +0.0038% | 8h | 1,052.4 | −0.088% | $126.6M | $516.4M | 50x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.6 | −0.157% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERPlong | +0.0046% | 1h | 1,053.3 | long leg | — | $176K | 25x | |
| Nado MU-PERP | +0.0046% | 1h | 1,051.8 | −0.136% | $282K | $836K | 10x | as long as short |
| Bullet MU-USD | +0.0048% | 1h | 1,052.2 | −0.103% | $26K | $395K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.9 | −0.131% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.1 | −0.113% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051 | −0.213% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,052.2 | −0.106% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.3 | −0.090% | $1.1M | $5.1M | 20x | as long as short |
| Bitget MUUSDT | +0.0066% | 8h | 1,052.3 | −0.093% | $20.5M | $41.1M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0071% | 1h | 1,052.1 | −0.112% | $178.8M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTXshort | +0.0080% | 1h | 1,052.9 | −0.037% | $759K | $1.2M | 10x | |
| Aevo MU-PERP | +0.0088% | 1h | 1,051.8 | −0.143% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.1 | −0.110% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.1 | −0.114% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051 | −0.215% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.1 | −0.108% | $836 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0151% | 8h | 1,052.4 | −0.083% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,051.9 | −0.131% | $538K | $271K | 15x | as long as short |
HTX MU-USDT
Bybit MUUSDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
QFEX MU-USD
Binance MUUSDT
Arcus MU-USD
Nado MU-PERP
Bullet MU-USD
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Bitget MUUSDT
tradeXYZ xyz:MU
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU