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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.009%
Price spread now: Ondo Perps against Binance−0.112%7-day average −0.105% · 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 7 days−0.089%−$9 on $10k
Price spread, last 2 days (all we have)+0.005%$0 · spread now −0.112%, 7d avg −0.105%
Together, before fees−0.085%+ Points / potential airdropOndo Perps: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.105%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUSDT1,042.90.0111pay 0.0111% / 8h2h 03m$124.7M$540.4M50x
ShortOndo Perps MU-USD.P1,041.70.0050get 0.0006% / 1h3m 19s$2.0M$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$12.64
Price spread: −0.112% → −0.105%
−$0.7
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$28.34
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Ondo Perps: 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 Binance live order book, 11 min ago0.05 bp5.9 bp −$67.3 bp −$7321.9 bp −$2,187doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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−0.0192%4h1,042.7−0.017%$1.3M$673K10xas long as short
OKX MU-USDT-SWAP0.0000%8h1,042.6−0.024%$30.7M$104.3M50xas long as short
Gate MU_USDT0.0000%8h1,042.6−0.023%$62.9M$29.2M75xas long as short
StandX MU-USD0.0000%1h1,042.6−0.024%$188K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,044.4+0.145%$11K$6.7M10xas long as short
HTX MU-USDT0.0000%8h1,042.6−0.031%$125K$442K50xas long as short
Aster MUUSD1+0.0004%8h1,043.1+0.022%$21.5M$46.4M20xas long as short
Aftermath Perps MUUSD+0.0029%1h1,042.6−0.023%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,042.6−0.030%$1.1M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.751%$14K$30212xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,042.5−0.037%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,042.5−0.036%$165K$180K10xas long as short
SoDEX MU-USD+0.0050%1h1,042.7−0.022%$684K$16K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,041.7−0.112%$2.0M$2.6M10x
QFEX MU-USD+0.0057%1h1,042.9−0.003%$7.8M$24.1M10xas long as short
Bitget MUUSDT+0.0074%8h1,042.7−0.022%$20.4M$42.9M50xas long as short
Variational Omni MU+0.0087%8h1,042.7−0.017%$2.7M$2.7Mas long as short
Pacifica MU+0.0100%1h1,042−0.085%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.6−0.029%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.8−0.009%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,042.8−0.012%$829$79920xas long as short
Binance MUUSDTlong+0.0111%8h1,042.9long leg$124.7M$540.4M50x
Paradex MU-USD-PERP+0.0112%8h1,042.7−0.014%$2K5xas long as short
Aevo MU-PERP+0.0112%1h1,042.5−0.038%$33K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0143%1h1,042.6−0.028%$60K$234K10xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,043.8+0.090%$756K$1.4M10xas long as short
GRVT MU_USDT_Perp+0.0178%8h1,042.9+0.001%$82K$1.4M10xas long as short
Lighter MU+0.0184%1h1,042.5−0.036%$998K$4.8M20xas long as short
Nado MU-PERP+0.0189%1h1,042.5−0.039%$307K$845K10xas long as short
Bybit MUUSDT+0.0190%8h1,042.9−0.003%$19.1M$32.5M100xas long as short
RISEx MU/USDC+0.0202%1h1,043+0.011%$285K$333K20xas long as short
tradeXYZ xyz:MU+0.0209%1h1,042.5−0.036%$176.2M$107.3M10xas long as short
Arcus MU-USD+0.0226%1h1,042.6−0.028%$63K$230K10xas long as short
Bullet MU-USD+0.0228%1h1,042.7−0.013%$25K$400K10xas long as short
BloFin MU-USDT+0.0230%8h1,042.7−0.016%$1.5M$2.1M20xas long as short
Phoenix MU+0.0230%1h1,043+0.012%$533K$303K15xas long as short
Extended MU_24_5-USD+0.0664%1h1,041.9−0.094%$540K$1.1M10xas long as short