Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against ApeX Omni−0.022%68s7-day average −0.109% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.102%−$10 on $10k
Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.022%, 7d avg −0.109%
Together, before fees−0.168%+ Points / potential airdropOndo Perps: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.086% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.109%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.8 days. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MUUSDT1,035.90.0100pay 0.0013% / 1h45m 04s$70K$270K50x
ShortOndo Perps MU-USD.P1,035.60.0050get 0.0006% / 1h45m 04s$1.8M$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.42
Price spread: −0.022% → −0.109%
$8.65
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$16.77
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 62 min ago; Ondo 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 62 min ago7.68 bp19.7 bp −$20186.9 bp −$1,869doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0657%4h1,036.5+0.065%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0130%8h1,036.9+0.105%$20.2M$41.4M50xas long as short
Aster MUUSD10.0000%8h1,036.8+0.094%$21.1M$57.7M20xas long as short
Binance MUUSDT0.0000%8h1,036.5+0.058%$121.4M$537.3M50xas long as short
Bybit MUUSDT0.0000%8h1,036.5+0.058%$18.5M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,036.4+0.057%$30.0M$101.3M50xas long as short
RISEx MU/USDC0.0000%1h1,036.5+0.066%$315K$384K20xas long as short
Gate MU_USDT0.0000%8h1,036.5+0.064%$61.5M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,036.4+0.057%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,036.6+0.072%$75K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.6+0.069%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,038.3+0.236%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,036.9+0.098%$74K$550K10xas long as short
HTX MU-USDT0.0000%8h1,036.4+0.052%$127K$441K50xas long as short
Aftermath Perps MUUSD+0.0018%1h1,037+0.107%$3K$44K10xas long as short
Bullet MU-USD+0.0020%1h1,037+0.111%$25K$389K10xas long as short
Nado MU-PERP+0.0024%1h1,036.2+0.036%$277K$816K10xas long as short
Lighter MU+0.0032%1h1,036.9+0.098%$1.1M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,036.8+0.090%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,036.4+0.056%$541K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,036.4+0.054%$7.0M$18.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.497%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,036.7+0.082%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,036.7+0.086%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,036.3+0.043%$176.2M$89.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,036.7+0.082%$168K$196K10xas long as short
SoDEX MU-USD+0.0050%1h1,036.5+0.067%$680K$15K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,035.6−0.022%$1.8M$2.6M10x
Paradex MU-USD-PERP+0.0053%8h1,036.4+0.058%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,036.6+0.076%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,036.3+0.039%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,036.6+0.074%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDTlong+0.0100%1h1,035.9long leg$70K$270K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,036.8+0.088%$824$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,037.6+0.167%$732K$1.3M10xas long as short
BloFin MU-USDT+0.0120%8h1,036.7+0.085%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,036.8+0.092%$530K$270K15xas long as short