MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%

Price spread now: QFEX against Vest−0.027%7-day average −0.651% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.027%−$3 on $10k

Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.027%, 7d avg −0.651%

Together, before fees+0.015%+ Points / potential airdropVest: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.624% dearer against Vest than usual: you sell high and buy low (spread −0.027% now, against its 7-day average of −0.651%): +$62 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MU-USD-PERP	1,043	0.0046	pay 0.0006% / 1h	5m 12s	—	$176K	25x
Short	QFEX MU-USD	1,042.7	0.0032	get 0.0004% / 1h	5m 12s	$7.0M	$18.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Vest. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee VestbpFee QFEXbpOrdersPrice spread, now −0.027%Rate

Funding earned: −$2.97
Price spread: −0.027% → −0.651%: $62.41
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee QFEX: 5 bp × 2 orders: −$10
Net: $47.43
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago	0.96 bp	6.1 bp −$6	7.0 bp −$70	12.6 bp −$1,260	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	−0.0615%	4h	1,042.3	−0.059%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,043.1	+0.014%	$21.2M	$57.0M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,042.9	−0.003%	$123.2M	$525.4M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,043	+0.002%	$18.6M	$31.9M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,042.9	−0.008%	$30.7M	$99.7M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,042.8	−0.016%	$337K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,042.7	−0.024%	$61.9M	$28.1M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,042.9	−0.008%	$20.5M	$41.6M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,043.3	+0.034%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,042.5	−0.046%	$83K	$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	1,043.2	+0.023%	$189K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,044.2	+0.123%	$11K	$5.8M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,042.7	−0.025%	$73K	$491K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,042.4	−0.051%	$130K	$435K	50x	as long as short
Aftermath Perps MUUSD	+0.0023%	1h	1,042.6	−0.037%	$3K	$44K	10x	as long as short
Nado MU-PERP	+0.0031%	1h	1,042.3	−0.062%	$281K	$823K	10x	as long as short
QFEX MU-USDshort	+0.0032%	1h	1,042.7	−0.027%	$7.0M	$18.0M	10x
Lighter MU	+0.0032%	1h	1,042.7	−0.021%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,042.7	−0.026%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,042.2	−0.069%	$555K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.806%	$19K	$5K	12x	as long as short
Bullet MU-USD	+0.0037%	1h	1,042.9	−0.005%	$26K	$392K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,042.7	−0.027%	$70K	$232K	10x	as long as short
Vest MU-USD-PERPlong	+0.0046%	1h	1,043	long leg	—	$176K	25x
tradeXYZ xyz:MU	+0.0050%	1h	1,042.5	−0.043%	$177.3M	$94.9M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,042.6	−0.034%	$169K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,042.7	−0.026%	$684K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,043.2	+0.020%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,042	−0.088%	$1.9M	$2.3M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,042.3	−0.062%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,042.8	−0.015%	$147K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,042.6	−0.038%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,042.3	−0.064%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,042.8	−0.013%	$829	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,044.6	+0.158%	$749K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,042.9	−0.004%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0305%	1h	1,043.1	+0.014%	$534K	$271K	15x	as long as short