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 −0.030%
Price spread now: Gate against Binance−0.046%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.160%−$16 on $10k
Price spread, last 7 days+0.027%+$3 · spread now −0.046%, 7d avg −0.029%
Together, before fees−0.133%−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUSDT1,036.10get 0.0000% / 8h7h 57m$122.4M$538.0M50x
ShortGate MU_USDT1,035.70get 0.0000% / 8h7h 57m$62.1M$27.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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: −0.046% → −0.029%
−$1.7
Slippage, 4 orders
−$9.75
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$36.45
Costs to cover
0.348%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; Gate: 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 Binance live order book, 16 min ago0.05 bp6.0 bp −$67.8 bp −$7818.0 bp −$1,801doesn't fit
Sell Gate live order book, 1 min ago0.82 bp12.9 bp −$1323.7 bp −$23736.3 bp −$3,63257.5 bp −$28.8K

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−0.0576%4h1,037.7+0.153%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0119%8h1,036.7+0.052%$20.0M$40.4M50xas long as short
Aster MUUSD10.0000%8h1,036.2+0.006%$21.2M$68.3M20xas long as short
Binance MUUSDTlong0.0000%8h1,036.1long leg$122.4M$538.0M50x
Bybit MUUSDT0.0000%8h1,036.4+0.029%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,036.7+0.052%$29.9M$100.4M50xas long as short
RISEx MU/USDC0.0000%1h1,036.5+0.037%$312K$382K20xas long as short
Gate MU_USDTshort0.0000%8h1,035.7−0.046%$62.1M$27.5M75x
Variational Omni MU0.0000%8h1,038+0.178%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,036.8+0.068%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.8+0.059%$187K$3.5M20xas long as short
Bullet MU-USD0.0000%1h1,035.7−0.042%$24K$388K10xas long as short
SunX MU-USDT0.0000%8h1,037.8+0.163%$11K$5.5M10xas long as short
HTX MU-USDT0.0000%8h1,036.6+0.043%$126K$483K50xas long as short
Aftermath Perps MUUSD+0.0020%1h1,037+0.086%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,035.9−0.019%$7.0M$18.7M10xas long as short
Lighter MU+0.0032%1h1,035.8−0.028%$1.0M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,035.7−0.039%$1.1M$4.3M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,035.9−0.025%$556K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.469%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,035.9−0.025%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,036.2+0.005%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,036.6+0.045%$176.1M$80.5M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,035.7−0.042%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,036.2+0.003%$680K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,036.3+0.017%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,035.2−0.091%$1.9M$2.8M10xas long as short
Nado MU-PERP+0.0060%1h1,035.4−0.069%$277K$803K10xas long as short
Aevo MU-PERP+0.0080%1h1,035.9−0.022%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,038.3+0.213%$726K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,035.9−0.023%$144K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,035.6−0.054%$5.2M$4.2M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037+0.087%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,036.8+0.067%$824$79920xas long as short
BloFin MU-USDT+0.0120%8h1,037.3+0.108%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,036.9+0.074%$530K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0233%1h1,036.2+0.007%$74K$623K10xas long as short