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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h −0.081%
Price spread now: edgeX against Bitget+0.063%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs+$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$260.260% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.601%+$60 on $10k
Price spread, last 7 days−0.119%−$12 · spread now +0.063%, 7d avg −0.042%
Together, before fees+0.483%+ Points / potential airdropedgeX: Active · farm board+$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.105% dearer against Bitget than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of −0.042%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.601%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUUSDT1,032.50get 0.0000% / 8h7h 03m$19.6M$41.5M50x
ShortedgeX MUUSDC1,033.2−0.0053pay 0.0027% / 4h3h 03m$1.3M$695K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$11.14
Price spread: +0.063% → −0.042%
$10.48
Slippage, 4 orders
−$4.98
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$26.64
Costs to cover
0.260%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; edgeX: 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 Bitget live order book, 1 min ago0.05 bp8.7 bp −$910.5 bp −$105doesn't fitdoesn't fit
Sell edgeX live order book, 1 min ago0.34 bp5.0 bp −$56.8 bp −$6829.2 bp −$2,919doesn'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 MUUSDCshort−0.0053%4h1,033.2+0.063%$1.3M$695K10x
Aster MUUSD10.0000%8h1,032.5+0.001%$21.1M$69.4M20xas long as short
Binance MUUSDT0.0000%8h1,032.6+0.010%$121.5M$550.5M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,032.9+0.031%$29.1M$104.3M50xas long as short
RISEx MU/USDC0.0000%1h1,032.8+0.023%$294K$375K20xas long as short
Gate MU_USDT0.0000%8h1,032.4−0.012%$61.6M$28.8M75xas long as short
Bitget MUUSDTlong0.0000%8h1,032.5long leg$19.6M$41.5M50x
Variational Omni MU0.0000%8h1,032.5−0.004%$2.5M$2.6Mas long as short
StandX MU-USD0.0000%1h1,031.9−0.059%$187K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,033.5+0.096%$11K$5.3M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,032.5+0.001%$119K$493K50xas long as short
QFEX MU-USD+0.0027%1h1,032.5−0.006%$7.0M$19.0M10xas long as short
Aftermath Perps MUUSD+0.0029%1h1,032.2−0.032%$3K$43K10xas long as short
Lighter RH MU+0.0032%1h1,032.4−0.013%$1.1M$4.6M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.824%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,032.2−0.028%$89K$234K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,032.9+0.037%$179K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,032.3−0.022%$167K$177K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,032.6+0.008%$1.9M$3.2M10xas long as short
Aevo MU-PERP+0.0080%1h1,032.2−0.032%$32K$1K10xas long as short
Paradex MU-USD-PERP+0.0087%8h1,032.7+0.017%$2K5xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,030.9−0.155%$720K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,032.5−0.004%$146K$214K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,032.1−0.046%$5.1M$4.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,033.2+0.061%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,032.9+0.033%$821$79920xas long as short
Bybit MUUSDT+0.0111%8h1,032.8+0.023%$18.7M$32.5M100xas long as short
Nado MU-PERP+0.0115%1h1,032.2−0.029%$264K$811K10xas long as short
BloFin MU-USDT+0.0120%8h1,033.1+0.050%$1.4M$2.3M20xas long as short
tradeXYZ xyz:MU+0.0127%1h1,032.1−0.042%$174.7M$78.3M10xas long as short
SoDEX MU-USD+0.0129%1h1,032.7+0.012%$678K$15K10xas long as short
Lighter MU+0.0136%1h1,032.6+0.006%$996K$5.1M20xas long as short
Bullet MU-USD+0.0177%1h1,032.6+0.007%$26K$388K10xas long as short
Extended MU_24_5-USD+0.0208%1h1,032−0.051%$542K$1.1M10xas long as short
Phoenix MU+0.0231%1h1,033.2+0.065%$529K$270K15xas long as short
GRVT MU_USDT_Perp+0.0373%8h1,033.3+0.076%$81K$1.4M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0380%1h1,032.3−0.027%$72K$635K10xas long as short