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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.016%
Price spread now: Vest against ApeX Omni+0.170%7-day average +0.591% · you sell dearer than you buy
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 4 days (all we have)−0.034%−$3 on $10k
Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.170%, 7d avg +0.591%
Together, before fees−0.211%+ Points / potential airdropVest: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.421% cheaper against ApeX Omni than usual: you would sell low and buy high (−$42 if the spread goes back to its 7-day average of +0.591%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MUUSDT1,036.70.0100pay 0.0013% / 1h46m 43s$70K$270K50x
ShortVest MU-USD-PERP1,038.50.0046get 0.0006% / 1h46m 43s$177K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$11.41
Price spread: +0.170% → +0.591%
−$42.1
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$65.51
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 58 min ago; Vest: 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, 58 min ago8.85 bp21.2 bp −$21193.9 bp −$1,939doesn't fitdoesn't fit
Sell Vest no order-book sample
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 exchanges

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−0.0719%4h1,037+0.024%$1.3M$696K10xas long as short
Aster MUUSD10.0000%8h1,037.3+0.053%$21.2M$73.6M20xas long as short
Binance MUUSDT0.0000%8h1,037.1+0.031%$121.8M$555.3M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.1+0.034%$29.9M$107.0M50xas long as short
Gate MU_USDT0.0000%8h1,036.6−0.011%$61.2M$27.5M75xas long as short
Bitget MUUSDT0.0000%8h1,036.9+0.019%$19.9M$43.9M50xas long as short
Variational Omni MU0.0000%8h1,038.2+0.143%$2.6M$2.5Mas long as short
StandX MU-USD0.0000%1h1,037.1+0.036%$188K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,040+0.315%$11K$4.9M10xas long as short
HTX MU-USDT0.0000%8h1,036.8+0.001%$119K$473K50xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,036.7−0.005%$1.1M$4.4M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.410%$19K$5K12xas long as short
Aftermath Perps MUUSD+0.0039%1h1,038.1+0.133%$3K$41K10xas long as short
RISEx MU/USDC+0.0045%1h1,037.3+0.056%$298K$333K20xas long as short
Vest MU-USD-PERPshort+0.0046%1h1,038.5+0.170%$177K25x
Polymarket Perps MU-USD+0.0050%1h1,037.9+0.112%$169K$163K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.1+0.035%$682K$14K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,036.1−0.059%$1.9M$3.2M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0059%1h1,036.9+0.017%$32K$736K10xas long as short
QFEX MU-USD+0.0059%1h1,036.6−0.013%$7.0M$19.4M10xas long as short
Paradex MU-USD-PERP+0.0078%8h1,036.6−0.016%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,035.7−0.098%$32K$1K10xas long as short
Bybit MUUSDT+0.0083%8h1,036.7−0.008%$18.8M$32.3M100xas long as short
Pacifica MU+0.0100%1h1,036.8+0.008%$151K$222K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,036.6−0.017%$5.2M$6.6M20xas long as short
ApeX Omni MUUSDTlong+0.0100%1h1,036.7long leg$70K$270K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.3+0.051%$825$79920xas long as short
Lighter MU+0.0120%1h1,036.8+0.006%$1.0M$5.0M20xas long as short
BloFin MU-USDT+0.0120%8h1,036.9+0.019%$1.5M$2.7M20xas long as short
Coinbase International MU-PERP-INTX+0.0136%1h1,036.8+0.002%$727K$1.2M10xas long as short
GRVT MU_USDT_Perp+0.0144%8h1,037.2+0.047%$80K$1.4M10xas long as short
Nado MU-PERP+0.0147%1h1,036.7−0.002%$273K$835K10xas long as short
Arcus MU-USD+0.0186%1h1,036.4−0.030%$90K$160K10xas long as short
Extended MU_24_5-USD+0.0224%1h1,036.6−0.015%$552K$1.1M10xas long as short
tradeXYZ xyz:MU+0.0251%1h1,036.5−0.023%$177.1M$74.8M10xas long as short
Bullet MU-USD+0.0261%1h1,038.3+0.150%$25K$383K10xas long as short
Phoenix MU+0.0461%1h1,037.9+0.112%$531K$159K15xas long as short