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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.013%
Price spread now: Orderly against Aster−0.053%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Orderly is 0.053% cheaper against Aster than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 42 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,036.60get 0.0000% / 8h1h 34m$21.1M$58.7M20x
ShortOrderly PERP_MU_USDC_mythos1,036.10.0100get 0.0100% / 8h1h 34m$824$79920x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.053% → 0.000%
−$5.29
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$1.71
Costs to cover
0.140%
Break-even
6.4 days
Slippage unknown: Aster: live order book, 5 min ago; Orderly: 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 Aster live order book, 5 min ago0.48 bp5.0 bp −$58.6 bp −$86doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 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−0.0833%4h1,036.3−0.031%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0208%8h1,036.4−0.024%$20.2M$40.4M50xas long as short
Aster MUUSD1long0.0000%8h1,036.6long leg$21.1M$58.7M20x
Binance MUUSDT0.0000%8h1,036.5−0.010%$121.4M$537.3M50xas long as short
Bybit MUUSDT0.0000%8h1,036.6−0.005%$18.5M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,036.4−0.021%$29.8M$99.9M50xas long as short
RISEx MU/USDC0.0000%1h1,036.2−0.041%$315K$386K20xas long as short
Gate MU_USDT0.0000%8h1,036−0.060%$61.7M$28.5M75xas long as short
Variational Omni MU0.0000%8h1,036.2−0.043%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,036.4−0.021%$73K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.1−0.052%$187K$3.5M20xas long as short
Bullet MU-USD0.0000%1h1,036.1−0.048%$26K$389K10xas long as short
SunX MU-USDT0.0000%8h1,037.3+0.072%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,036−0.061%$74K$558K10xas long as short
HTX MU-USDT0.0000%8h1,035.9−0.071%$127K$441K50xas long as short
Nado MU-PERP+0.0004%1h1,035.8−0.082%$277K$815K10xas long as short
Aftermath Perps MUUSD+0.0016%1h1,035.9−0.068%$3K$44K10xas long as short
Lighter MU+0.0032%1h1,036.4−0.023%$1.1M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,036.4−0.016%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,035.7−0.087%$540K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,035.9−0.071%$7.0M$18.6M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.424%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,036−0.058%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,035.9−0.064%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,035.9−0.067%$176.0M$88.0M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,035.8−0.077%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,036.1−0.045%$680K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,035.9−0.071%$1.8M$2.6M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,036.2−0.042%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,035.8−0.080%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,035.9−0.070%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,036−0.061%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,036.6−0.005%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythosshort+0.0100%8h1,036.1−0.053%$824$79920x
Coinbase International MU-PERP-INTX+0.0104%1h1,036−0.056%$731K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,036.2−0.038%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,035.9−0.067%$530K$270K15xas long as short