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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0169%/8h= +18.5% APRnext payment +$1.69 per $10,000 · paid last 24h +0.059%
Price spread now: BloFin against Aster−0.021%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs+$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.225% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.389%+$39 on $10k
Price spread, last 3 days (all we have)−0.045%−$4 · spread now −0.021%, 7d avg +0.005%
Together, before fees+0.345%+ Points / potential airdropAster: Stage 5 · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.026% cheaper against Aster than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.005%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,046.60.0160pay 0.0160% / 8h47m 03s$21.6M$47.3M20x
ShortBloFin MU-USDT1,046.40.0329get 0.0329% / 8h47m 03s$1.4M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$35.45
Price spread: −0.021% → +0.005%
−$2.63
Slippage, 4 orders
−$2.49
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$10.33
Costs to cover
0.225%
Break-even
5.0 days
Slippage from Aster: live order book, 2 min ago; BloFin: live order book, 6 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, 2 min ago0.05 bp5.0 bp −$57.4 bp −$74doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago0.05 bp6.0 bp −$66.9 bp −$6913.0 bp −$1,299doesn'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−0.0477%4h1,045.5−0.105%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,046.1−0.047%$63.1M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,044.9−0.160%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,048.4+0.173%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,045.8−0.071%$124K$446K50xas long as short
Lighter RH MU+0.0032%1h1,046.1−0.047%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.396%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0036%1h1,044.7−0.177%$3K$45K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,045.8−0.072%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.6−0.093%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,044.6−0.185%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0079%8h1,046.3−0.031%$30.8M$105.2M50xas long as short
QFEX MU-USD+0.0080%1h1,045.9−0.068%$7.9M$23.9M10xas long as short
Pacifica MU+0.0100%1h1,046−0.057%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.3−0.120%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.9−0.066%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,046.2−0.040%$832$79920xas long as short
SoDEX MU-USD+0.0132%1h1,046.1−0.047%$687K$16K10xas long as short
Bitget MUUSDT+0.0135%8h1,046.2−0.039%$20.5M$43.6M50xas long as short
Aevo MU-PERP+0.0136%1h1,045.9−0.063%$33K10xas long as short
Paradex MU-USD-PERP+0.0158%8h1,045.9−0.064%$2K5xas long as short
Aster MUUSD1long+0.0160%8h1,046.6long leg$21.6M$47.3M20x
Variational Omni MU+0.0189%8h1,045.5−0.103%$2.6M$2.5Mas long as short
Lighter MU+0.0200%1h1,046.1−0.045%$1.0M$4.8M20xas long as short
Binance MUUSDT+0.0209%8h1,046.2−0.032%$124.9M$533.0M50xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.6−0.097%$757K$1.4M10xas long as short
GRVT MU_USDT_Perp+0.0253%8h1,045.7−0.079%$77K$1.4M10xas long as short
Nado MU-PERP+0.0265%1h1,045.3−0.118%$270K$875K10xas long as short
Bullet MU-USD+0.0265%1h1,046−0.054%$24K$396K10xas long as short
Bybit MUUSDT+0.0284%8h1,046.4−0.013%$19.2M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0313%1h1,046.2−0.035%$176.8M$105.6M10xas long as short
BloFin MU-USDTshort+0.0329%8h1,046.4−0.021%$1.4M$2.0M20x
Deribit MU_USDC-PERPETUAL+0.0353%1h1,045.9−0.061%$62K$257K10xas long as short
Phoenix MU+0.0460%1h1,045.9−0.064%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.5−0.107%$74K$240K10xas long as short
RISEx MU/USDC+0.0525%1h1,046.2−0.032%$317K$339K20xas long as short
Extended MU_24_5-USD+0.0720%1h1,045.1−0.143%$540K$1.1M10xas long as short