Funding you earn now, next payment 02:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.04 per $10,000 · paid last 24h +0.008%
Price spread now: Aftermath Perps against SoDEX−0.029%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aftermath Perps is 0.029% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MU-USD | 1,048.9 | 0.0050 | pay 0.0006% / 1h | 35m 40s | $688K | $16K | 10x |
| Short | Aftermath Perps MUUSD | 1,048.6 | 0.0021 | get 0.0003% / 1h | 35m 40s | $3K | $45K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against SoDEX. 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
- −$6.08
- Price spread: −0.029% → 0.000%
- −$2.92
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$26
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: SoDEX: live order book, 33 min ago; Aftermath Perps: 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 SoDEX live order book, 33 min ago | 0.05 bp | 11.6 bp −$12 | 39.4 bp −$394 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: 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 | −0.0949% | 4h | 1,048.4 | −0.044% | $1.3M | $671K | 10x | as long as short |
| Nado MU-PERP | −0.0007% | 1h | 1,048.4 | −0.049% | $274K | $858K | 10x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,049.3 | +0.033% | $19.2M | $32.6M | 100x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.2 | +0.032% | $62.1M | $27.6M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.7 | −0.015% | $190K | $3.4M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,049.2 | +0.030% | $26K | $395K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,050.2 | +0.124% | $11K | $6.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,049 | +0.008% | $66K | $329K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,049.1 | +0.016% | $129K | $430K | 50x | as long as short |
| Aftermath Perps MUUSDshort | +0.0021% | 1h | 1,048.6 | −0.029% | $3K | $45K | 10x |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MU | +0.0032% | 1h | 1,048.9 | +0.004% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.2 | +0.024% | $1.1M | $4.2M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048.6 | −0.031% | $567K | $1.2M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,048.6 | −0.033% | $7.5M | $20.1M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,048.7 | −0.018% | $71K | $237K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,049.8 | +0.088% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,049 | +0.010% | $178.1M | $99.9M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.9 | 0.000% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USDlong | +0.0050% | 1h | 1,048.9 | long leg | $688K | $16K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.4 | −0.048% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0068% | 8h | 1,048.7 | −0.020% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAP | +0.0069% | 8h | 1,049 | +0.009% | $30.8M | $100.7M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.9 | 0.000% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.1 | +0.014% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,048.6 | −0.026% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,049 | +0.008% | $834 | $799 | 20x | as long as short |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.235% | $19K | $5K | 12x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0128% | 1h | 1,048.1 | −0.078% | $759K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,048.9 | 0.000% | $32K | $1K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0158% | 8h | 1,049 | +0.006% | $81K | $1.3M | 10x | as long as short |
| Aster MUUSD1 | +0.0200% | 8h | 1,049.2 | +0.029% | $21.6M | $50.1M | 20x | as long as short |
| Variational Omni MU | +0.0204% | 8h | 1,049.1 | +0.018% | $2.7M | $2.4M | — | as long as short |
| Binance MUUSDT | +0.0218% | 8h | 1,049 | +0.011% | $126.8M | $524.9M | 50x | as long as short |
| Bitget MUUSDT | +0.0278% | 8h | 1,049.4 | +0.051% | $20.3M | $41.9M | 50x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,049.2 | +0.029% | $537K | $273K | 15x | as long as short |
| BloFin MU-USDT | +0.0368% | 8h | 1,049.8 | +0.087% | $1.5M | $2.0M | 20x | as long as short |
| RISEx MU/USDC | +0.0507% | 1h | 1,049.1 | +0.015% | $333K | $348K | 20x | as long as short |
SoDEX MU-USD
Aftermath Perps MUUSD
edgeX MUUSDC
Bybit MUUSDT
Gate MU_USDT
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
Paradex MU-USD-PERP
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Injective MU/USDC PERP
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
Bitget MUUSDT
Phoenix MU
BloFin MU-USDT
RISEx MU/USDC