MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0159%/8h= +17.4% APRnext payment +$1.59 per $10,000 · paid last 24h −0.009%

Price spread now: Aster against Bybit−0.007%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$290.292% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.083%−$8 on $10k

Price spread, last 7 days+0.009%+$1 · spread now −0.007%, 7d avg −0.004%

Together, before fees−0.074%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.083%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MUUSDT	1,049.9	0	get 0.0000% / 8h	6h 19m	$19.2M	$32.6M	100x
Short	Aster MUUSD1	1,049.8	0.0159	get 0.0159% / 8h	6h 19m	$21.6M	$51.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee AsterbpOrdersPrice spread, now −0.007%Rate

Funding earned: $33.42
Price spread: −0.007% → −0.004%: −$0.33
Slippage, 4 orders: −$10.2
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: $3.89
Costs to cover: 0.292%
Break-even: 6.2 days

Slippage from Bybit: live order book, 5 min ago; Aster: live order book, 5 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 Bybit live order book, 5 min ago	0.05 bp	7.3 bp −$7	10.4 bp −$104	30.1 bp −$3,014	doesn't fit
Sell Aster live order book, 5 min ago	0.62 bp	6.7 bp −$7	175.1 bp −$1,751	doesn't fit	doesn't fit

MU on 36 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	−0.0297%	4h	1,050	+0.016%	$1.3M	$672K	10x	as long as short
Nado MU-PERP	−0.0008%	1h	1,049.3	−0.048%	$276K	$854K	10x	as long as short
Bybit MUUSDTlong	0.0000%	8h	1,049.9	long leg	$19.2M	$32.6M	100x
Gate MU_USDT	0.0000%	8h	1,049.6	−0.029%	$62.0M	$27.7M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,049.6	−0.026%	$190K	$3.4M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,049.6	−0.027%	$25K	$395K	10x	as long as short
SunX MU-USDT	0.0000%	8h	1,050.9	+0.100%	$11K	$6.0M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,049.3	−0.055%	$66K	$339K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,049.4	−0.044%	$129K	$425K	50x	as long as short
Aftermath Perps MUUSD	+0.0017%	1h	1,049.6	−0.027%	$3K	$45K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MU	+0.0032%	1h	1,049.5	−0.032%	$1.1M	$4.8M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,049.4	−0.040%	$1.1M	$4.2M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,048.8	−0.098%	$567K	$1.1M	10x	as long as short
QFEX MU-USD	+0.0040%	1h	1,049.4	−0.040%	$7.4M	$19.5M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,049.7	−0.013%	$71K	$236K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,050.6	+0.073%	—	$177K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,049.3	−0.052%	$178.1M	$99.6M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,049.4	−0.043%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,049.5	−0.038%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049	−0.086%	$1.9M	$2.3M	10x	as long as short
OKX MU-USDT-SWAP	+0.0052%	8h	1,049.6	−0.022%	$30.8M	$100.5M	50x	as long as short
Paradex MU-USD-PERP	+0.0062%	8h	1,049.8	−0.002%	$2K	—	5x	as long as short
GRVT MU_USDT_Perp	+0.0085%	8h	1,050.7	+0.085%	$81K	$1.3M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,049.7	−0.013%	$148K	$187K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,049.4	−0.039%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,049.9	0.000%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,049.6	−0.021%	$834	$799	20x	as long as short
Injective MU/USDC PERP	+0.0107%	1h	1,051.4	+0.144%	$19K	$5K	12x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,049.3	−0.056%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0128%	1h	1,050.3	+0.041%	$757K	$1.2M	10x	as long as short
Aster MUUSD1short	+0.0159%	8h	1,049.8	−0.007%	$21.6M	$51.5M	20x
Variational Omni MU	+0.0181%	8h	1,049.8	−0.009%	$2.7M	$2.4M	—	as long as short
Binance MUUSDT	+0.0196%	8h	1,049.6	−0.021%	$126.5M	$523.5M	50x	as long as short
Bitget MUUSDT	+0.0238%	8h	1,049.8	−0.009%	$20.6M	$42.0M	50x	as long as short
Phoenix MU	+0.0304%	1h	1,050.3	+0.043%	$537K	$273K	15x	as long as short
RISEx MU/USDC	+0.0507%	1h	1,050	+0.011%	$334K	$348K	20x	as long as short