Funding you earn now, next payment 01:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.10 per $10,000 · paid last 24h −0.057%
Price spread now: Vest against Coinbase International+0.010%7-day average +0.704% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.067%−$7 on $10k
+Price spread, last 3 days (all we have)+0.083%+$8 · spread now +0.010%, 7d avg +0.704%
=Together, before fees+0.016%+ Points / potential airdropVest: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.694% cheaper against Coinbase International than usual: you would sell low and buy high (−$69 if the spread goes back to its 7-day average of +0.704%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MU-PERP-INTX | 1,049.6 | 0.0128 | pay 0.0016% / 1h | 56m 04s | $761K | $1.2M | 10x |
| Short | Vest MU-USD-PERP | 1,049.7 | 0.0046 | get 0.0006% / 1h | 56m 04s | — | $179K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Coinbase International. 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
- −$17.29
- Price spread: +0.010% → +0.704%
- −$69.41
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$98.69
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Vest: 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 Coinbase International live order book, 2 min ago | 3.05 bp | 8.5 bp −$9 | 14.5 bp −$145 | 44.9 bp −$4,488 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | −0.0855% | 4h | 1,050.5 | +0.083% | $1.3M | $670K | 10x | as long as short |
| Nado MU-PERP | −0.0006% | 1h | 1,048.3 | −0.126% | $271K | $859K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048.5 | −0.101% | $62.3M | $27.3M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,049.1 | −0.045% | $190K | $3.3M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,048.6 | −0.093% | $26K | $397K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,049.6 | +0.002% | $11K | $6.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,048.3 | −0.123% | $65K | $315K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.2 | −0.130% | $129K | $425K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,049.7 | +0.008% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,048.5 | −0.099% | $1.1M | $4.8M | 20x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,048.6 | −0.098% | $1.2M | $4.1M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,048.3 | −0.119% | $7.5M | $20.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,049.6 | +0.004% | $71K | $242K | 10x | as long as short |
| Vest MU-USD-PERPshort | +0.0046% | 1h | 1,049.7 | +0.010% | — | $179K | 25x | |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,048.6 | −0.093% | $177.9M | $100.3M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.4 | −0.112% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,048.7 | −0.089% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.1 | −0.049% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0078% | 8h | 1,048.5 | −0.106% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAP | +0.0094% | 8h | 1,048.9 | −0.069% | $30.9M | $101.4M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.8 | −0.075% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,048.7 | −0.086% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.4 | +0.076% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.9 | −0.069% | $834 | $799 | 20x | as long as short |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.170% | $19K | $5K | 12x | as long as short |
| Bybit MUUSDT | +0.0113% | 8h | 1,049 | −0.051% | $19.3M | $32.7M | 100x | as long as short |
| Coinbase International MU-PERP-INTXlong | +0.0128% | 1h | 1,049.6 | long leg | $761K | $1.2M | 10x | |
| Aevo MU-PERP | +0.0144% | 1h | 1,048.3 | −0.120% | $32K | $1K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0168% | 1h | 1,048.2 | −0.129% | $563K | $1.2M | 10x | as long as short |
| Variational Omni MU | +0.0251% | 8h | 1,048.5 | −0.102% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0262% | 8h | 1,049.2 | −0.038% | $21.6M | $49.1M | 20x | as long as short |
| Binance MUUSDT | +0.0266% | 8h | 1,049 | −0.060% | $125.8M | $523.0M | 50x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,050.9 | +0.126% | $538K | $273K | 15x | as long as short |
| Bitget MUUSDT | +0.0386% | 8h | 1,048.8 | −0.079% | $20.5M | $41.6M | 50x | as long as short |
| BloFin MU-USDT | +0.0388% | 8h | 1,049.6 | +0.002% | $1.5M | $2.0M | 20x | as long as short |
| RISEx MU/USDC | +0.0507% | 1h | 1,048.7 | −0.087% | $315K | $340K | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0514% | 8h | 1,050.4 | +0.078% | $83K | $1.3M | 10x | as long as short |
Coinbase International MU-PERP-INTX
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Injective MU/USDC PERP
Bybit MUUSDT
Extended MU_24_5-USD
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Phoenix MU
Bitget MUUSDT
BloFin MU-USDT
RISEx MU/USDC
GRVT MU_USDT_Perp