Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.003%
Price spread now: QFEX against Aster−0.024%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 4 days (all we have)−0.007%−$1 on $10k
+Price spread, last 7 days+0.004%$0 · spread now −0.024%, 7d avg −0.043%
=Together, before fees−0.002%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUUSD1 | 1,038.9 | 0 | get 0.0000% / 8h | 1h 16m | $21.1M | $60.8M | 20x |
| Short | QFEX MU-USD | 1,038.6 | 0.0032 | get 0.0004% / 1h | 16m 22s | $7.0M | $18.7M | 10x |
Aster MUUSD1
QFEX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Aster. 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
- $6.74
- Price spread: −0.024% → −0.043%
- $1.81
- Slippage, 4 orders
- −$8.87
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$18.33
- Costs to cover
- 0.269%
- Break-even
- 26.0 days
Slippage from Aster: live order book, 3 min ago; QFEX: live order book, 8 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 Aster live order book, 3 min ago | 0.72 bp | 9.0 bp −$9 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 0.58 bp | 6.7 bp −$7 | 7.4 bp −$74 | 11.2 bp −$1,115 | 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 | −0.0529% | 4h | 1,038.7 | −0.018% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0168% | 8h | 1,038.8 | −0.014% | $20.2M | $40.4M | 50x | as long as short |
| Nado MU-PERP | −0.0010% | 1h | 1,038.7 | −0.023% | $279K | $814K | 10x | as long as short |
| Aster MUUSD1long | 0.0000% | 8h | 1,038.9 | long leg | $21.1M | $60.8M | 20x | |
| Binance MUUSDT | 0.0000% | 8h | 1,038.5 | −0.037% | $122.0M | $538.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.5 | −0.034% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.6 | −0.028% | $29.8M | $100.2M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.7 | −0.018% | $313K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.6 | −0.030% | $61.6M | $28.7M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,039.2 | +0.032% | $2.5M | $2.6M | — | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Nado MU-PERP
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.8 | −0.009% | $84K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,039.4 | +0.046% | $188K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,038.5 | −0.034% | $26K | $390K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040.5 | +0.152% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.9 | −0.001% | $74K | $571K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.7 | −0.019% | $128K | $441K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0013% | 1h | 1,038.8 | −0.010% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,038.9 | +0.004% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.7 | −0.018% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038.3 | −0.053% | $537K | $1.1M | 10x | as long as short |
| QFEX MU-USDshort | +0.0032% | 1h | 1,038.6 | −0.024% | $7.0M | $18.7M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.200% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,038.4 | −0.049% | $90K | $250K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,039 | +0.013% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.3 | −0.057% | $176.4M | $86.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.3 | −0.057% | $169K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.9 | +0.001% | $682K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,038.1 | −0.079% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,039 | +0.011% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.6 | −0.024% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.6 | −0.031% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.2 | −0.064% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.3 | +0.038% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,039.1 | +0.018% | $826 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | −0.277% | $731K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,039.1 | +0.020% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039.4 | +0.049% | $532K | $270K | 15x | as long as short |
GRVT MU_USDT_Perp
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU