Funding you earn now, next payment 12:00 UTC+0.0035%/8h= +3.9% APRpaid last 24h +0.003%
Price spread now: Bybit against Aftermath Perps+0.071%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.071% dearer against Aftermath Perps than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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 | Aftermath Perps MUUSD | 1,033.7 | 0.0038 | pay 0.0005% / 1h | 24m 33s | $3K | $41K | 10x |
| Short | Bybit MUUSDT | 1,034.4 | 0.0074 | get 0.0074% / 8h | 4h 24m | $18.7M | $31.6M | 100x |
Aftermath Perps MUUSD
Bybit MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aftermath Perps. 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
- $7.44
- Price spread: +0.071% → 0.000%
- $7.11
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$5.45
- Costs to cover
- 0.200%
- Break-even
- 12.1 days
Slippage unknown: Aftermath Perps: no order-book sample; Bybit: 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 0.77 bp | 8.4 bp −$8 | 12.4 bp −$124 | 25.2 bp −$2,519 | doesn't fit |
Aftermath Perps: 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 | −0.0745% | 4h | 1,033.6 | −0.007% | $1.3M | $694K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,034.5 | +0.079% | $21.1M | $73.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,034.3 | +0.064% | $121.8M | $557.0M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,034.4 | +0.069% | $29.9M | $107.5M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,034.1 | +0.039% | $60.9M | $27.7M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,034.4 | +0.067% | $19.8M | $43.8M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,033.8 | +0.014% | $2.6M | $2.4M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,034.4 | +0.069% | $187K | $3.8M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,035.4 | +0.165% | $11K | $4.9M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,033 | −0.063% | $31K | $758K | 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 | 1,033.7 | −0.001% | $119K | $469K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,034 | +0.029% | $1.1M | $4.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.710% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSDlong | +0.0038% | 1h | 1,033.7 | long leg | $3K | $41K | 10x | |
| RISEx MU/USDC | +0.0045% | 1h | 1,034.4 | +0.066% | $295K | $331K | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,034.8 | +0.103% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,034.1 | +0.040% | $169K | $173K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,033.6 | −0.006% | $680K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,033.2 | −0.046% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,034.1 | +0.042% | $7.0M | $19.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0072% | 8h | 1,034.1 | +0.045% | $2K | — | 5x | as long as short |
| Bybit MUUSDTshort | +0.0074% | 8h | 1,034.4 | +0.071% | $18.7M | $31.6M | 100x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,033.3 | −0.037% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,033.8 | +0.015% | $151K | $211K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,033.8 | +0.011% | $5.2M | $6.9M | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0100% | 8h | 1,034.1 | +0.044% | $84K | $1.4M | 10x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.2 | −0.049% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,033.7 | 0.000% | $822 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,033.7 | +0.005% | $1.5M | $2.8M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0136% | 1h | 1,033.4 | −0.032% | $546K | $1.1M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0136% | 1h | 1,036 | +0.219% | $726K | $1.2M | 10x | as long as short |
| Nado MU-PERP | +0.0144% | 1h | 1,033.5 | −0.020% | $273K | $834K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0150% | 1h | 1,033.7 | +0.001% | $176.0M | $71.2M | 10x | as long as short |
| Lighter MU | +0.0152% | 1h | 1,034.2 | +0.048% | $1.0M | $5.0M | 20x | as long as short |
| Arcus MU-USD | +0.0186% | 1h | 1,033.8 | +0.010% | $89K | $159K | 10x | as long as short |
| Bullet MU-USD | +0.0252% | 1h | 1,033.9 | +0.019% | $24K | $385K | 10x | as long as short |
| Phoenix MU | +0.0461% | 1h | 1,033.7 | +0.001% | $529K | $159K | 15x | as long as short |
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
RISEx MU/USDC
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
GRVT MU_USDT_Perp
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Extended MU_24_5-USD
Coinbase International MU-PERP-INTX
Nado MU-PERP
tradeXYZ xyz:MU
Lighter MU
Arcus MU-USD
Bullet MU-USD
Phoenix MU