Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.013%
Price spread now: Aster against KuCoin+0.065%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.065%, 7d avg +0.042%
=Together, before fees−0.182%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.023% dearer against KuCoin than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.042%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUUSDTM | 1,034.2 | 0.0100 | pay 0.0100% / 8h | 6h 16m | $5.2M | $5.6M | 20x |
| Short | Aster MUUSD1 | 1,034.9 | 0 | get 0.0000% / 8h | 6h 16m | $21.1M | $72.4M | 20x |
KuCoin MUUSDTM
Aster MUUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$21
- Price spread: +0.065% → +0.042%
- $2.31
- Slippage, 4 orders
- −$22.98
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$61.67
- Costs to cover
- 0.430%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Aster: live order book, 6 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 KuCoin live order book, 5 min ago | 2.66 bp | 14.6 bp −$15 | 33.2 bp −$332 | doesn't fit | doesn't fit |
| Sell Aster live order book, 6 min ago | 1.21 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
MU on 37 exchanges
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 | −0.0255% | 4h | 1,033 | −0.112% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1short | 0.0000% | 8h | 1,034.9 | +0.065% | $21.1M | $72.4M | 20x | |
| Binance MUUSDT | 0.0000% | 8h | 1,035 | +0.079% | $120.9M | $549.9M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,035 | +0.073% | $29.4M | $106.4M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,034.5 | +0.032% | $61.6M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,035 | +0.075% | $19.8M | $42.8M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,033.1 | −0.104% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,033.5 | −0.070% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,036.3 | +0.208% | $11K | $5.1M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,034.9 | +0.073% | $119K | $475K | 50x | as long as short |
edgeX MUUSDC
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
HTX MU-USDTShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MU_USDC-PERPETUAL | +0.0021% | 1h | 1,034.4 | +0.018% | $43K | $700K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,034.6 | +0.044% | $1.1M | $4.5M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0032% | 1h | 1,033.5 | −0.071% | $3K | $42K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.660% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035 | +0.081% | — | $177K | 25x | as long as short |
| Bybit MUUSDT | +0.0049% | 8h | 1,035.1 | +0.090% | $18.8M | $32.4M | 100x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,034.8 | +0.059% | $167K | $178K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,034.5 | +0.031% | $679K | $13K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,032.5 | −0.167% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,034.5 | +0.032% | $7.0M | $19.0M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0067% | 8h | 1,034.4 | +0.017% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,034.5 | +0.031% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,034.1 | −0.008% | $146K | $223K | 10x | as long as short |
| KuCoin MUUSDTMlong | +0.0100% | 8h | 1,034.2 | long leg | $5.2M | $5.6M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.6 | −0.062% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,034.3 | +0.010% | $822 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0107% | 1h | 1,034.5 | +0.025% | $295K | $350K | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0115% | 8h | 1,033.5 | −0.066% | $76K | $1.4M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,033.7 | −0.048% | $1.4M | $2.5M | 20x | as long as short |
| Nado MU-PERP | +0.0122% | 1h | 1,034.5 | +0.026% | $270K | $840K | 10x | as long as short |
| Lighter MU | +0.0136% | 1h | 1,034.7 | +0.046% | $1.0M | $5.0M | 20x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,034.5 | +0.031% | $90K | $148K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,033.5 | −0.067% | $732K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0179% | 1h | 1,034.7 | +0.049% | $175.5M | $75.7M | 10x | as long as short |
| Bullet MU-USD | +0.0213% | 1h | 1,035.1 | +0.088% | $25K | $386K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0264% | 1h | 1,034 | −0.017% | $549K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0310% | 1h | 1,033.4 | −0.076% | $529K | $269K | 15x | as long as short |
Deribit MU_USDC-PERPETUAL
Lighter RH MU
Aftermath Perps MUUSD
Injective MU/USDC PERP
Vest MU-USD-PERP
Bybit MUUSDT
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
GRVT MU_USDT_Perp
BloFin MU-USDT
Nado MU-PERP
Lighter MU
Arcus MU-USD
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU