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+0.0007%/8h= +0.7% APRnext payment +$0.07 per $10,000 · paid last 24h −0.006%
Price spread now: Aster against Bitget+0.035%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$270.269% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.173%−$17 on $10k
Price spread, last 7 days−0.046%−$5 · spread now +0.035%, 7d avg −0.014%
Together, before fees−0.219%+ Points / potential airdropAster: Stage 5 · farm board−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.050% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUUSDT1,044.20.0125pay 0.0125% / 8h57m 13s$20.5M$43.6M50x
ShortAster MUUSD11,044.60.0132get 0.0132% / 8h57m 13s$21.5M$47.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$1.42
Price spread: +0.035% → −0.014%
$4.99
Slippage, 4 orders
−$6.86
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$20.45
Costs to cover
0.269%
Break-even
108.0 days
Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 2 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 Bitget live order book, 2 min ago0.10 bp7.5 bp −$78.8 bp −$88doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago0.81 bp6.2 bp −$612.4 bp −$124doesn't fitdoesn'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−0.0257%4h1,044−0.024%$1.3M$671K10xas long as short
Gate MU_USDT0.0000%8h1,044.1−0.008%$62.9M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,043.3−0.089%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,046.6+0.226%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,044−0.023%$125K$442K50xas long as short
Lighter RH MU+0.0032%1h1,044−0.019%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.622%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0036%1h1,043.6−0.063%$3K$45K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,043.8−0.037%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.8−0.039%$165K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,043.1−0.111%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0063%8h1,044.1−0.007%$30.7M$104.9M50xas long as short
QFEX MU-USD+0.0080%1h1,044.2−0.005%$7.8M$24.0M10xas long as short
SoDEX MU-USD+0.0091%1h1,044.2+0.002%$685K$16K10xas long as short
Pacifica MU+0.0100%1h1,043.6−0.057%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.9−0.034%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.5−0.070%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.3+0.006%$830$79920xas long as short
Bitget MUUSDTlong+0.0125%8h1,044.2long leg$20.5M$43.6M50x
Aevo MU-PERP+0.0128%1h1,044−0.019%$33K10xas long as short
Aster MUUSD1short+0.0132%8h1,044.6+0.035%$21.5M$47.4M20x
Paradex MU-USD-PERP+0.0152%8h1,044.1−0.009%$2K5xas long as short
Variational Omni MU+0.0168%8h1,044.1−0.009%$2.6M$2.6Mas long as short
Lighter MU+0.0176%1h1,044.2+0.001%$996K$4.7M20xas long as short
Binance MUUSDT+0.0190%8h1,044.3+0.011%$124.8M$533.3M50xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,043.7−0.048%$756K$1.4M10xas long as short
Nado MU-PERP+0.0224%1h1,043.3−0.083%$274K$871K10xas long as short
GRVT MU_USDT_Perp+0.0235%8h1,044.2−0.002%$77K$1.4M10xas long as short
Bullet MU-USD+0.0240%1h1,044.3+0.006%$25K$395K10xas long as short
Bybit MUUSDT+0.0271%8h1,044.4+0.014%$19.2M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0282%1h1,044−0.020%$176.5M$106.6M10xas long as short
BloFin MU-USDT+0.0310%8h1,044.4+0.021%$1.4M$2.0M20xas long as short
Phoenix MU+0.0383%1h1,044.2−0.001%$534K$306K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0411%1h1,044.1−0.014%$62K$253K10xas long as short
Arcus MU-USD+0.0462%1h1,043.7−0.049%$73K$240K10xas long as short
RISEx MU/USDC+0.0525%1h1,044.6+0.036%$299K$333K20xas long as short
Extended MU_24_5-USD+0.0680%1h1,043.2−0.095%$540K$1.1M10xas long as short