Funding you earn now, next payment 11:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.007%
Price spread now: tradeXYZ against Aevo+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
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.042% dearer against Aevo than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MU-PERP | 1,038.9 | 0.0080 | pay 0.0010% / 1h | 41m 51s | $32K | $1K | 10x |
| Short | tradeXYZ xyz:MU | 1,039.3 | 0.0239 | get 0.0030% / 1h | 41m 51s | $177.2M | $75.7M | 10x |
Aevo MU-PERP
tradeXYZ xyz:MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Aevo. 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
- $33.35
- Price spread: +0.042% → 0.000%
- $4.19
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $3.55
- Costs to cover
- 0.340%
- Break-even
- 6.3 days
Slippage unknown: Aevo: no order-book sample; tradeXYZ: live order book, 11 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 Aevo no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 11 min ago | 0.48 bp | 9.5 bp −$9 | 10.9 bp −$109 | 15.6 bp −$1,562 | doesn't fit |
Aevo: 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 exchanges
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 | −0.0853% | 4h | 1,038.8 | −0.002% | $1.3M | $696K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,039.8 | +0.093% | $21.2M | $73.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,039.6 | +0.070% | $121.7M | $555.4M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,039.6 | +0.072% | $29.7M | $107.5M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,039.5 | +0.056% | $61.5M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,039.6 | +0.071% | $19.8M | $43.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,039.1 | +0.019% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,039 | +0.009% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,041.4 | +0.239% | $11K | $5.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.8 | −0.005% | $34K | $727K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,039.3 | +0.045% | $119K | $474K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,039.3 | +0.042% | $1.2M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.203% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0035% | 1h | 1,039.2 | +0.035% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,040.5 | +0.154% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,039.6 | +0.071% | $169K | $171K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,039.1 | +0.024% | $683K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.4 | −0.141% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0058% | 1h | 1,039.6 | +0.068% | $7.0M | $19.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0074% | 8h | 1,039.8 | +0.085% | $18.8M | $32.4M | 100x | as long as short |
| Paradex MU-USD-PERP | +0.0079% | 8h | 1,039.6 | +0.067% | $2K | — | 5x | as long as short |
| Aevo MU-PERPlong | +0.0080% | 1h | 1,038.9 | long leg | $32K | $1K | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,039.2 | +0.031% | $151K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,039.3 | +0.041% | $5.2M | $6.1M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.8 | −0.010% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,039.2 | +0.031% | $826 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0118% | 1h | 1,039.6 | +0.067% | $299K | $351K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,039.7 | +0.081% | $1.5M | $2.6M | 20x | as long as short |
| Nado MU-PERP | +0.0126% | 1h | 1,039.2 | +0.032% | $276K | $841K | 10x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,039.1 | +0.027% | $90K | $147K | 10x | as long as short |
| Lighter MU | +0.0168% | 1h | 1,039.4 | +0.049% | $1.0M | $5.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0192% | 1h | 1,038.5 | −0.038% | $727K | $1.2M | 10x | as long as short |
| Bullet MU-USD | +0.0210% | 1h | 1,039.5 | +0.061% | $24K | $384K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0221% | 8h | 1,040.4 | +0.151% | $73K | $1.4M | 10x | as long as short |
| tradeXYZ xyz:MUshort | +0.0239% | 1h | 1,039.3 | +0.042% | $177.2M | $75.7M | 10x | |
| Phoenix MU | +0.0308% | 1h | 1,040.4 | +0.148% | $532K | $159K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0336% | 1h | 1,038.5 | −0.035% | $551K | $1.1M | 10x | as long as short |
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Bybit MUUSDT
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
BloFin MU-USDT
Nado MU-PERP
Arcus MU-USD
Lighter MU
Coinbase International MU-PERP-INTX
Bullet MU-USD
GRVT MU_USDT_Perp
Phoenix MU
Extended MU_24_5-USD