Funding you earn now, next payment 00:00 UTC−0.0427%/8h= −46.7% APRnext payment −$0.53 per $10,000 · paid last 24h −0.012%
Price spread now: Aftermath Perps against Arcus−0.043%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aftermath Perps is 0.043% cheaper against Arcus than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus MU-USD | 1,045.8 | 0.0462 | pay 0.0058% / 1h | 44m 24s | $74K | $240K | 10x |
| Short | Aftermath Perps MUUSD | 1,045.3 | 0.0035 | get 0.0004% / 1h | 44m 24s | $3K | $45K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Arcus. 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
- −$89.58
- Price spread: −0.043% → 0.000%
- −$4.34
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$107.42
- Costs to cover
- 0.135%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 34 min ago; Aftermath Perps: 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 Arcus live order book, 34 min ago | 2.54 bp | 4.8 bp −$5 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
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 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 | −0.0477% | 4h | 1,045.5 | −0.031% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,046.1 | +0.033% | $63.1M | $29.0M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.5 | −0.024% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,048.4 | +0.249% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.8 | +0.005% | $124K | $446K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.8 | +0.004% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.470% | $14K | $302 | 12x | as long as short |
| Aftermath Perps MUUSDshort | +0.0035% | 1h | 1,045.3 | −0.043% | $3K | $45K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.2 | +0.043% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,046 | +0.020% | $166K | $197K | 10x | as long as short |
Show 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 | 1,045.3 | −0.047% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,046 | +0.017% | $7.9M | $24.0M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0081% | 8h | 1,046.3 | +0.046% | $30.8M | $105.3M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,046 | +0.021% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.6 | −0.020% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.6 | −0.018% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,046.4 | +0.055% | $832 | $799 | 20x | as long as short |
| SoDEX MU-USD | +0.0124% | 1h | 1,045.9 | +0.006% | $686K | $16K | 10x | as long as short |
| Bitget MUUSDT | +0.0136% | 8h | 1,046.1 | +0.030% | $20.5M | $43.6M | 50x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,045.9 | +0.012% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0154% | 8h | 1,046 | +0.024% | $2K | — | 5x | as long as short |
| Aster MUUSD1 | +0.0170% | 8h | 1,046.5 | +0.069% | $21.6M | $47.3M | 20x | as long as short |
| Lighter MU | +0.0184% | 1h | 1,045.8 | −0.003% | $1.0M | $4.8M | 20x | as long as short |
| Variational Omni MU | +0.0200% | 8h | 1,046.3 | +0.048% | $2.6M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0212% | 8h | 1,046.2 | +0.044% | $124.9M | $533.2M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,045.5 | −0.030% | $757K | $1.4M | 10x | as long as short |
| Bullet MU-USD | +0.0238% | 1h | 1,046.3 | +0.046% | $25K | $395K | 10x | as long as short |
| Nado MU-PERP | +0.0249% | 1h | 1,045.5 | −0.032% | $270K | $876K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0253% | 8h | 1,045.7 | −0.005% | $77K | $1.4M | 10x | as long as short |
| Bybit MUUSDT | +0.0285% | 8h | 1,046.6 | +0.074% | $19.2M | $32.6M | 100x | as long as short |
| tradeXYZ xyz:MU | +0.0299% | 1h | 1,046.2 | +0.039% | $176.8M | $105.6M | 10x | as long as short |
| BloFin MU-USDT | +0.0332% | 8h | 1,046 | +0.023% | $1.4M | $2.0M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0353% | 1h | 1,046 | +0.016% | $62K | $259K | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,046.6 | +0.077% | $535K | $306K | 15x | as long as short |
| Arcus MU-USDlong | +0.0462% | 1h | 1,045.8 | long leg | $74K | $240K | 10x | |
| RISEx MU/USDC | +0.0525% | 1h | 1,046.6 | +0.078% | $317K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0712% | 1h | 1,045.2 | −0.058% | $540K | $1.1M | 10x | as long as short |
Aftermath Perps MUUSD
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Polymarket Perps MU-USD
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
SoDEX MU-USD
Bitget MUUSDT
Paradex MU-USD-PERP
Aster MUUSD1
Lighter MU
Variational Omni MU
Binance MUUSDT
Coinbase International MU-PERP-INTX
Bullet MU-USD
GRVT MU_USDT_Perp
Bybit MUUSDT
tradeXYZ xyz:MU
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU
RISEx MU/USDC
Extended MU_24_5-USD