Funding you earn now, next payment 07:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.038%
Price spread now: Coinbase International against Vest−0.046%46s7-day average −0.651% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.046%, 7d avg −0.651%
=Together, before fees+0.032%+ Points / potential airdropVest: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.605% dearer against Vest than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of −0.651%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MU-USD-PERP | 1,037.9 | 0.0046 | pay 0.0006% / 1h | 33m 33s | — | $175K | 25x |
| Short | Coinbase International MU-PERP-INTX | 1,037.4 | 0.0080 | get 0.0010% / 1h | 33m 33s | $725K | $1.2M | 10x |
Vest MU-USD-PERP
Coinbase International MU-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Vest. 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
- $7.21
- Price spread: −0.046% → −0.651%
- $60.5
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $55.7
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 5 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 5 min ago | 1.54 bp | 6.6 bp −$7 | 10.7 bp −$107 | 57.2 bp −$5,717 | doesn't fit |
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 | −0.0248% | 4h | 1,037.9 | +0.002% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0178% | 8h | 1,038.2 | +0.023% | $20.2M | $40.0M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038 | +0.008% | $21.2M | $65.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038 | +0.003% | $122.1M | $538.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.8 | −0.013% | $18.8M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.9 | 0.000% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.8 | −0.008% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.7 | −0.018% | $61.4M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.7 | −0.022% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.4 | +0.042% | $71K | $1.4M | 10x | as long as short |
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_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,037.7 | −0.022% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.8 | +0.185% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,037.8 | −0.011% | $74K | $608K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.8 | −0.014% | $126K | $481K | 50x | as long as short |
| Bullet MU-USD | +0.0012% | 1h | 1,038.1 | +0.016% | $25K | $390K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,038 | +0.008% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0020% | 1h | 1,037.5 | −0.041% | $280K | $807K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,037.7 | −0.026% | $7.0M | $18.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,037.8 | −0.010% | $1.0M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037.7 | −0.020% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.4 | −0.046% | $545K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.295% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.4 | −0.046% | $90K | $245K | 10x | as long as short |
| Vest MU-USD-PERPlong | +0.0046% | 1h | 1,037.9 | long leg | — | $175K | 25x | |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.6 | −0.031% | $176.4M | $82.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.7 | −0.021% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038 | +0.003% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.5 | −0.043% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,037.7 | −0.022% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.6 | −0.028% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTXshort | +0.0080% | 1h | 1,037.4 | −0.046% | $725K | $1.2M | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,037.8 | −0.012% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.5 | −0.041% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.6 | +0.063% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.9 | −0.001% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.3 | +0.037% | $1.4M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.2 | +0.027% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bullet MU-USD
Aftermath Perps MUUSD
Nado MU-PERP
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU