Funding you earn now, next payment 08:00 UTC−0.0215%/8h= −23.6% APRnext payment −$2.15 per $10,000 · paid last 24h −0.017%
Price spread now: SunX against Aster+0.054%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$860.860% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.054%, 7d avg +0.138%
=Together, before fees−0.035%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.084% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.138%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUUSD1 | 1,048.8 | 0.0215 | pay 0.0215% / 8h | 6h 40m | $21.6M | $49.8M | 20x |
| Short | SunX MU-USDT | 1,049.4 | 0 | get 0.0000% / 8h | 6h 40m | $11K | $6.1M | 10x |
Aster MUUSD1
SunX MU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$45.19
- Price spread: +0.054% → +0.138%
- −$8.37
- Slippage, 4 orders
- −$69.96
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$139.51
- Costs to cover
- 0.860%
- Break-even
- never at this rate
Slippage from Aster: live order book, 4 min ago; SunX: live order book, 9 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, 4 min ago | 2.19 bp | 9.3 bp −$9 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 21.56 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | 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 | −0.0658% | 4h | 1,049.1 | +0.025% | $1.3M | $670K | 10x | as long as short |
| Nado MU-PERP | −0.0003% | 1h | 1,048.7 | −0.017% | $273K | $858K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048.5 | −0.037% | $62.1M | $27.6M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.9 | +0.009% | $190K | $3.4M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,048.6 | −0.023% | $26K | $396K | 10x | as long as short |
| SunX MU-USDTshort | 0.0000% | 8h | 1,049.4 | +0.054% | $11K | $6.1M | 10x | |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,048 | −0.076% | $65K | $326K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.6 | −0.023% | $129K | $429K | 50x | as long as short |
| Bybit MUUSDT | +0.0018% | 8h | 1,048.8 | −0.004% | $19.2M | $32.6M | 100x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,048.9 | +0.005% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
Nado MU-PERP
Gate MU_USDT
StandX MU-USD
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bybit MUUSDT
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MU | +0.0032% | 1h | 1,048.4 | −0.039% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,048.4 | −0.038% | $1.1M | $4.1M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048.1 | −0.068% | $559K | $1.2M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,048.7 | −0.016% | $7.5M | $20.1M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,049 | +0.011% | $71K | $242K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,049.7 | +0.081% | — | $176K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.4 | −0.042% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,048.5 | −0.035% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.2 | −0.066% | $1.9M | $2.4M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0061% | 1h | 1,048.4 | −0.042% | $178.0M | $100.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0070% | 8h | 1,048.9 | +0.008% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAP | +0.0076% | 8h | 1,048.6 | −0.023% | $30.8M | $100.6M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.7 | −0.014% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,048.5 | −0.031% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,048.5 | −0.035% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.5 | −0.033% | $834 | $799 | 20x | as long as short |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.240% | $19K | $5K | 12x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0128% | 1h | 1,048.1 | −0.072% | $759K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,048.2 | −0.063% | $32K | $1K | 10x | as long as short |
| Aster MUUSD1long | +0.0215% | 8h | 1,048.8 | long leg | $21.6M | $49.8M | 20x | |
| Variational Omni MU | +0.0219% | 8h | 1,049 | +0.019% | $2.7M | $2.4M | — | as long as short |
| Binance MUUSDT | +0.0229% | 8h | 1,048.6 | −0.022% | $126.3M | $524.7M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0233% | 8h | 1,049.7 | +0.086% | $81K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,049.3 | +0.044% | $537K | $273K | 15x | as long as short |
| Bitget MUUSDT | +0.0306% | 8h | 1,048.6 | −0.023% | $20.3M | $41.9M | 50x | as long as short |
| BloFin MU-USDT | +0.0368% | 8h | 1,049.8 | +0.092% | $1.5M | $2.0M | 20x | as long as short |
| RISEx MU/USDC | +0.0507% | 1h | 1,048.7 | −0.013% | $333K | $348K | 20x | as long as short |
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
tradeXYZ xyz:MU
Paradex MU-USD-PERP
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Injective MU/USDC PERP
Coinbase International MU-PERP-INTX
Aevo MU-PERP
Variational Omni MU
Binance MUUSDT
GRVT MU_USDT_Perp
Phoenix MU
Bitget MUUSDT
BloFin MU-USDT
RISEx MU/USDC