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−0.0139%/8h= −15.2% APRnext payment $1.39 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against Aster−0.035%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 7 days+0.004%$0 · spread now −0.035%, 7d avg −0.023%
Together, before fees−0.023%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,045.60.0139pay 0.0139% / 8h55m 10s$21.5M$47.4M20x
ShortGate MU_USDT1,045.20get 0.0000% / 8h55m 10s$63.0M$28.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$29.12
Price spread: −0.035% → −0.023%
−$1.15
Slippage, 4 orders
−$11.87
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$65.15
Costs to cover
0.349%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago0.81 bp6.4 bp −$66.5 bp −$65doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago1.15 bp11.6 bp −$1215.7 bp −$15734.6 bp −$3,45966.4 bp −$33.2K

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−0.0496%4h1,044.1−0.138%$1.3M$672K10xas long as short
Gate MU_USDTshort0.0000%8h1,045.2−0.035%$63.0M$28.9M75x
StandX MU-USD0.0000%1h1,043.4−0.210%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.5+0.184%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,045.3−0.027%$124K$443K50xas long as short
Lighter RH MU+0.0032%1h1,045.1−0.043%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.490%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0036%1h1,043.7−0.185%$3K$45K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,044.9−0.067%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.1−0.047%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,043.7−0.177%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0068%8h1,045.3−0.026%$30.8M$105.1M50xas long as short
QFEX MU-USD+0.0080%1h1,045−0.055%$7.8M$24.0M10xas long as short
Pacifica MU+0.0100%1h1,045−0.054%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,044.3−0.121%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,044−0.151%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.9−0.063%$831$79920xas long as short
Bitget MUUSDT+0.0127%8h1,045.4−0.014%$20.5M$43.6M50xas long as short
Aevo MU-PERP+0.0128%1h1,045.2−0.039%$33K10xas long as short
Aster MUUSD1long+0.0139%8h1,045.6long leg$21.5M$47.4M20x
Paradex MU-USD-PERP+0.0154%8h1,045−0.061%$2K5xas long as short
Variational Omni MU+0.0176%8h1,044.4−0.110%$2.6M$2.6Mas long as short
Lighter MU+0.0192%1h1,045.3−0.029%$996K$4.7M20xas long as short
Binance MUUSDT+0.0193%8h1,045.5−0.006%$124.8M$533.3M50xas long as short
SoDEX MU-USD+0.0212%1h1,045.1−0.044%$686K$16K10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,044.1−0.140%$756K$1.4M10xas long as short
Nado MU-PERP+0.0225%1h1,044.6−0.095%$274K$873K10xas long as short
GRVT MU_USDT_Perp+0.0239%8h1,044.4−0.113%$77K$1.4M10xas long as short
Bullet MU-USD+0.0259%1h1,045.4−0.018%$25K$395K10xas long as short
Bybit MUUSDT+0.0274%8h1,045.6−0.004%$19.2M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0297%1h1,045.2−0.037%$176.6M$106.7M10xas long as short
BloFin MU-USDT+0.0313%8h1,045.6−0.002%$1.4M$2.0M20xas long as short
Phoenix MU+0.0383%1h1,044.2−0.133%$534K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,044.9−0.067%$73K$240K10xas long as short
RISEx MU/USDC+0.0525%1h1,045.1−0.050%$316K$339K20xas long as short
Deribit MU_USDC-PERPETUAL+0.0554%1h1,045.2−0.040%$62K$253K10xas long as short
Extended MU_24_5-USD+0.0688%1h1,044.3−0.124%$540K$1.1M10xas long as short