Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h +0.030%
Price spread now: Deribit against Vest−0.139%7-day average −0.661% · 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)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.139%, 7d avg −0.661%
=Together, before fees+0.065%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.522% dearer against Vest than usual: you sell high and buy low (spread −0.139% now, against its 7-day average of −0.661%): +$52 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 38 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MU-USD-PERP | 1,048.2 | 0.0046 | pay 0.0006% / 1h | 41m 15s | — | $176K | 25x |
| Short | Deribit MU_USDC-PERPETUAL | 1,046.8 | 0 | get 0.0000% / 1h | 41m 15s | $73K | $466K | 10x |
Vest MU-USD-PERP
Deribit MU_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$9.59
- Price spread: −0.139% → −0.661%
- $52.15
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $33.56
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Deribit: live order book, 12 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 Deribit live order book, 12 min ago | 4.53 bp | 9.1 bp −$9 | 13.6 bp −$136 | doesn't fit | 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 | −0.0697% | 4h | 1,047.6 | −0.062% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,047.3 | −0.085% | $21.3M | $56.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,047 | −0.117% | $125.3M | $518.0M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,047.3 | −0.086% | $19.0M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,047 | −0.115% | $31.1M | $99.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,047.2 | −0.097% | $338K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,047.2 | −0.098% | $62.2M | $27.7M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,047.3 | −0.083% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,048.6 | +0.034% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,048.5 | +0.026% | $82K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
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 | 1,047.6 | −0.059% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,048.4 | +0.015% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUALshort | 0.0000% | 1h | 1,046.8 | −0.139% | $73K | $466K | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,047.1 | −0.106% | $130K | $431K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,047.6 | −0.059% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,047.3 | −0.091% | $7.1M | $17.9M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,047 | −0.119% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,046.9 | −0.125% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,046.5 | −0.162% | $550K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.301% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,047.6 | −0.054% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERPlong | +0.0046% | 1h | 1,048.2 | long leg | — | $176K | 25x | |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,046.9 | −0.125% | $177.4M | $97.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,047 | −0.115% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,047.1 | −0.102% | $687K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,047 | −0.117% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,047.3 | −0.088% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0053% | 1h | 1,047 | −0.112% | $281K | $828K | 10x | as long as short |
| Bullet MU-USD | +0.0065% | 1h | 1,047.3 | −0.087% | $26K | $395K | 10x | as long as short |
| BloFin MU-USDT | +0.0080% | 8h | 1,047.2 | −0.100% | $1.5M | $2.0M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,046.8 | −0.132% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,047.5 | −0.066% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,047 | −0.112% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,047.5 | −0.064% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,047 | −0.116% | $832 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.174% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,048.1 | −0.010% | $536K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
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
Nado MU-PERP
Bullet MU-USD
BloFin MU-USDT
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
Phoenix MU