Funding you earn now, next payment 07:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h −0.015%
Price spread now: Aevo against tradeXYZ−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Aevo is 0.067% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 7.5 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MU | 1,036.1 | 0.0050 | pay 0.0006% / 1h | 38m 04s | $176.0M | $88.0M | 10x |
| Short | Aevo MU-PERP | 1,035.4 | 0.0080 | get 0.0010% / 1h | 38m 04s | $32K | $1K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against tradeXYZ. 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
- $6.3
- Price spread: −0.067% → 0.000%
- −$6.74
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$34.44
- Costs to cover
- 0.340%
- Break-even
- 45.3 days
Slippage unknown: tradeXYZ: live order book, 12 min ago; Aevo: 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 tradeXYZ live order book, 12 min ago | 0.48 bp | 9.5 bp −$9 | 11.1 bp −$111 | 15.7 bp −$1,574 | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | −0.0203% | 4h | 1,035.9 | −0.015% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0185% | 8h | 1,036 | −0.007% | $20.2M | $41.4M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,036.7 | +0.062% | $21.1M | $58.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,036.3 | +0.019% | $121.4M | $537.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,036.4 | +0.025% | $18.5M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036.1 | 0.000% | $29.8M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,035.8 | −0.028% | $314K | $386K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035.7 | −0.039% | $61.6M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036 | −0.009% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.3 | +0.020% | $73K | $1.4M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,036.3 | +0.020% | $187K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,035.9 | −0.016% | $26K | $389K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.1 | +0.093% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,035.7 | −0.040% | $74K | $555K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,035.6 | −0.047% | $127K | $441K | 50x | as long as short |
| Nado MU-PERP | +0.0008% | 1h | 1,035.5 | −0.055% | $277K | $816K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,036 | −0.006% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,036.2 | +0.008% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036.1 | −0.005% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,035.4 | −0.066% | $540K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,035.7 | −0.042% | $7.0M | $18.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.473% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036 | −0.013% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035.8 | −0.026% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MUlong | +0.0050% | 1h | 1,036.1 | long leg | $176.0M | $88.0M | 10x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.6 | −0.048% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,035.8 | −0.030% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.8 | −0.026% | $1.8M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,036 | −0.014% | $2K | — | 5x | as long as short |
| Aevo MU-PERPshort | +0.0080% | 1h | 1,035.4 | −0.067% | $32K | $1K | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,035.7 | −0.038% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,035.8 | −0.034% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,036.5 | +0.035% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035.8 | −0.033% | $823 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | −0.008% | $731K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,036.4 | +0.027% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,036.2 | +0.010% | $530K | $270K | 15x | as long as short |
tradeXYZ xyz:MU
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU