MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: Vest against Deribit+0.020%7-day average +0.699% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.006%+$1 on $10k

Price spread, last 3 days (all we have)+0.048%+$5 · spread now +0.020%, 7d avg +0.699%

Together, before fees+0.053%+ Points / potential airdropVest: Active · farm board+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.679% cheaper against Deribit than usual: you would sell low and buy high (−$68 if the spread goes back to its 7-day average of +0.699%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MU_USDC-PERPETUAL	1,045.2	0.0142	pay 0.0018% / 1h	13m 02s	$62K	$284K	10x
Short	Vest MU-USD-PERP	1,045.4	0.0046	get 0.0006% / 1h	13m 02s	—	$194K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 DeribitbpFee VestbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$20.32
Price spread: +0.020% → +0.699%: −$67.9
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: −$97.22
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 1 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 Deribit live order book, 1 min ago	3.44 bp	14.4 bp −$14	19.3 bp −$193	doesn't fit	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	−0.0712%	4h	1,045.6	+0.046%	$1.3M	$674K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.2	+0.003%	$63.0M	$29.1M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,045.2	+0.002%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,046.9	+0.166%	$11K	$6.5M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,044.9	−0.023%	$129K	$456K	50x	as long as short
Aftermath Perps MUUSD	+0.0027%	1h	1,045	−0.018%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.2	+0.006%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.531%	$14K	$302	12x	as long as short
Vest MU-USD-PERPshort	+0.0046%	1h	1,045.4	+0.020%	—	$194K	25x
Polymarket Perps MU-USD	+0.0050%	1h	1,044.7	−0.044%	$169K	$191K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX MU-USD	+0.0050%	1h	1,045.2	−0.001%	$686K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,044.5	−0.062%	$2.0M	$2.7M	10x	as long as short
Lighter MU	+0.0064%	1h	1,045.1	−0.008%	$1.1M	$5.0M	20x	as long as short
OKX MU-USDT-SWAP	+0.0069%	8h	1,045.2	+0.008%	$30.8M	$104.5M	50x	as long as short
QFEX MU-USD	+0.0080%	1h	1,045	−0.018%	$7.9M	$23.9M	10x	as long as short
Bullet MU-USD	+0.0099%	1h	1,045.1	−0.002%	$25K	$394K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,044.7	−0.041%	$153K	$183K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045	−0.015%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,045.4	+0.023%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.3	+0.010%	$831	$799	20x	as long as short
Paradex MU-USD-PERP	+0.0103%	8h	1,044.8	−0.032%	$2K	—	5x	as long as short
Bitget MUUSDT	+0.0113%	8h	1,045.4	+0.024%	$20.4M	$43.5M	50x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,044.9	−0.022%	$33K	—	10x	as long as short
Deribit MU_USDC-PERPETUALlong	+0.0142%	1h	1,045.2	long leg	$62K	$284K	10x
Nado MU-PERP	+0.0150%	1h	1,044.5	−0.060%	$271K	$875K	10x	as long as short
Aster MUUSD1	+0.0163%	8h	1,045.6	+0.046%	$21.5M	$47.3M	20x	as long as short
tradeXYZ xyz:MU	+0.0178%	1h	1,045	−0.015%	$176.6M	$104.6M	10x	as long as short
Variational Omni MU	+0.0178%	8h	1,045.8	+0.058%	$2.7M	$2.5M	—	as long as short
Binance MUUSDT	+0.0186%	8h	1,045.4	+0.027%	$124.3M	$531.1M	50x	as long as short
GRVT MU_USDT_Perp	+0.0218%	8h	1,045.9	+0.069%	$82K	$1.4M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0224%	1h	1,044.9	−0.023%	$757K	$1.3M	10x	as long as short
Bybit MUUSDT	+0.0259%	8h	1,045.3	+0.014%	$19.2M	$32.4M	100x	as long as short
Extended MU_24_5-USD	+0.0304%	1h	1,044.4	−0.070%	$546K	$1.1M	10x	as long as short
BloFin MU-USDT	+0.0306%	8h	1,045.4	+0.025%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0460%	1h	1,046	+0.080%	$535K	$306K	15x	as long as short
Arcus MU-USD	+0.0462%	1h	1,044.7	−0.041%	$70K	$244K	10x	as long as short
RISEx MU/USDC	+0.0525%	1h	1,045.5	+0.029%	$316K	$339K	20x	as long as short