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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.31 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against Aster−0.023%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$250.252% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.129%+$13 on $10k
Price spread, last 7 days+0.057%+$6 · spread now −0.023%, 7d avg +0.013%
Together, before fees+0.186%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.036% cheaper against Aster than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.013%). If the spread goes back, that is −$4 on $10k: about 3.9 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,050.60get 0.0000% / 8h4h 02m$21.4M$55.0M20x
ShortBitget MUUSDT1,050.40.0031get 0.0031% / 8h4h 02m$20.5M$41.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$6.51
Price spread: −0.023% → +0.013%
−$3.59
Slippage, 4 orders
−$5.17
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$22.25
Costs to cover
0.252%
Break-even
30.9 days
Slippage from Aster: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago0.76 bp5.8 bp −$67.7 bp −$77doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago0.05 bp7.5 bp −$89.4 bp −$94doesn't fitdoesn'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−0.0509%4h1,051.8+0.111%$1.3M$672K10xas long as short
Aster MUUSD1long0.0000%8h1,050.6long leg$21.4M$55.0M20x
OKX MU-USDT-SWAP0.0000%8h1,050.3−0.037%$31.2M$99.4M50xas long as short
RISEx MU/USDC0.0000%1h1,050.6−0.005%$339K$351K20xas long as short
Gate MU_USDT0.0000%8h1,050.2−0.038%$62.7M$27.6M75xas long as short
Variational Omni MU0.0000%8h1,052+0.127%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.3+0.163%$81K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,050.4−0.026%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,050.9+0.027%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,050.4−0.019%$131K$430K50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MUUSDT+0.0011%8h1,050.6−0.001%$19.1M$32.0M100xas long as short
Aftermath Perps MUUSD+0.0023%1h1,051.2+0.050%$3K$44K10xas long as short
Binance MUUSDT+0.0024%8h1,050.3−0.029%$126.2M$516.6M50xas long as short
Bitget MUUSDTshort+0.0031%8h1,050.4−0.023%$20.5M$41.2M50x
Lighter RH MU+0.0032%1h1,050.3−0.034%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,049.6−0.098%$566K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.069%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,050.3−0.030%$7.1M$17.8M10xas long as short
Arcus MU-USD+0.0040%1h1,051+0.036%$71K$233K10xas long as short
Nado MU-PERP+0.0043%1h1,050.1−0.051%$282K$835K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.4+0.076%$176K25xas long as short
Bullet MU-USD+0.0046%1h1,050.6−0.003%$26K$395K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050.2−0.041%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,050.4−0.025%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,050.2−0.041%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,050.4−0.018%$2K5xas long as short
Lighter MU+0.0056%1h1,050.4−0.024%$1.1M$5.1M20xas long as short
tradeXYZ xyz:MU+0.0063%1h1,050.2−0.041%$178.3M$98.1M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0064%1h1,050.4−0.019%$73K$453K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,051.2+0.053%$760K$1.2M10xas long as short
Aevo MU-PERP+0.0088%1h1,050.1−0.051%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,050.4−0.023%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.2−0.041%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051.7+0.103%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.4−0.021%$835$79920xas long as short
BloFin MU-USDT+0.0101%8h1,050.5−0.016%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,051.9+0.120%$538K$271K15xas long as short