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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: Binance against Aster−0.039%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$200.199% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.123%+$12 on $10k
Price spread, last 7 days+0.050%+$5 · spread now −0.039%, 7d avg +0.005%
Together, before fees+0.173%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.044% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,038.40get 0.0000% / 8h7h 59m$21.2M$68.3M20x
ShortBinance MUUSDT1,0380get 0.0000% / 8h7h 59m$122.6M$537.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
$0
Price spread: −0.039% → +0.005%
−$4.38
Slippage, 4 orders
−$1.95
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$24.32
Costs to cover
0.199%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; Binance: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago0.05 bp4.7 bp −$514.6 bp −$146doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.05 bp5.2 bp −$56.6 bp −$6614.5 bp −$1,446doesn't fit

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−0.0766%4h1,038.5+0.011%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0122%8h1,037.6−0.081%$20.3M$40.3M50xas long as short
tradeXYZ xyz:MU−0.0023%1h1,037.8−0.060%$176.4M$80.4M10xas long as short
Aster MUUSD1long0.0000%8h1,038.4long leg$21.2M$68.3M20x
Binance MUUSDTshort0.0000%8h1,038−0.039%$122.6M$537.4M50x
Bybit MUUSDT0.0000%8h1,038.2−0.025%$18.8M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.4−0.099%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,038.4−0.004%$312K$382K20xas long as short
Gate MU_USDT0.0000%8h1,038.1−0.033%$62.2M$27.4M75xas long as short
Variational Omni MU0.0000%8h1,038−0.044%$2.5M$2.6Mas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MU_USDT_Perp0.0000%8h1,038.1−0.031%$80K$1.4M10xas long as short
Nado MU-PERP0.0000%1h1,038.1−0.034%$279K$803K10xas long as short
StandX MU-USD0.0000%1h1,038.2−0.027%$188K$3.5M20xas long as short
Bullet MU-USD0.0000%1h1,037.3−0.109%$25K$388K10xas long as short
SunX MU-USDT0.0000%8h1,039.1+0.060%$11K$5.5M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,037.6−0.083%$74K$623K10xas long as short
HTX MU-USDT0.0000%8h1,038.2−0.019%$126K$481K50xas long as short
Aftermath Perps MUUSD+0.0021%1h1,037.7−0.071%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.4−0.005%$7.0M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,038.6+0.012%$1.1M$4.3M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.7−0.067%$544K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.245%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.4+0.001%$1.0M$4.8M20xas long as short
Arcus MU-USD+0.0040%1h1,038−0.040%$90K$243K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.4−0.002%$175K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.3−0.109%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.8−0.065%$681K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,038.5+0.006%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,036.9−0.149%$1.9M$2.7M10xas long as short
Aevo MU-PERP+0.0080%1h1,037.5−0.093%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3−0.008%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038.1−0.032%$145K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.8−0.065%$5.2M$4.2M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.6+0.021%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.8−0.064%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.2−0.025%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.2−0.022%$531K$270K15xas long as short