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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: OKX against Bitget−0.022%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 7 days−0.011%−$1 · spread now −0.022%, 7d avg −0.013%
Together, before fees−0.054%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUUSDT1,044.10get 0.0000% / 8h2h 52m$20.5M$41.7M50x
ShortOKX MU-USDT-SWAP1,043.80get 0.0000% / 8h2h 52m$30.5M$100.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: −0.022% → −0.013%
−$0.87
Slippage, 4 orders
−$4.24
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$27.11
Costs to cover
0.262%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; OKX: 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 ago0.34 bp7.8 bp −$811.8 bp −$118doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.05 bp5.1 bp −$56.8 bp −$6819.7 bp −$1,969doesn'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−0.0030%4h1,042.3−0.173%$1.3M$671K10xas long as short
Aster MUUSD10.0000%8h1,044.3+0.025%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,044.2+0.009%$123.1M$526.3M50xas long as short
Bybit MUUSDT0.0000%8h1,044−0.007%$18.6M$32.0M100xas long as short
OKX MU-USDT-SWAPshort0.0000%8h1,043.8−0.022%$30.5M$100.0M50x
RISEx MU/USDC0.0000%1h1,044.2+0.009%$337K$354K20xas long as short
Gate MU_USDT0.0000%8h1,043.8−0.028%$62.0M$27.9M75xas long as short
Bitget MUUSDTlong0.0000%8h1,044.1long leg$20.5M$41.7M50x
Variational Omni MU0.0000%8h1,042.8−0.119%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,042.1−0.185%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,043.1−0.098%$189K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,044.8+0.068%$11K$5.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,043.1−0.092%$73K$499K10xas long as short
HTX MU-USDT0.0000%8h1,043.1−0.098%$128K$439K50xas long as short
Aftermath Perps MUUSD+0.0019%1h1,041.8−0.214%$3K$44K10xas long as short
Nado MU-PERP+0.0023%1h1,043.7−0.034%$281K$821K10xas long as short
QFEX MU-USD+0.0023%1h1,043.8−0.026%$7.0M$18.0M10xas long as short
Lighter RH MU+0.0032%1h1,043.8−0.030%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,043.5−0.053%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.698%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,042.4−0.165%$70K$232K10xas long as short
Bullet MU-USD+0.0042%1h1,044−0.003%$26K$392K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,044.2+0.011%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,043.6−0.045%$177.4M$93.5M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.6−0.045%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.1−0.090%$685K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,041.5−0.249%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,044.1+0.002%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,043.7−0.039%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,043.7−0.035%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.7−0.040%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,041.9−0.207%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044−0.004%$830$79920xas long as short
BloFin MU-USDT+0.0120%8h1,043.3−0.072%$1.5M$2.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,043.3−0.072%$745K$1.2M10xas long as short
Lighter MU+0.0152%1h1,044−0.006%$1.1M$4.9M20xas long as short
Phoenix MU+0.0231%1h1,043−0.102%$534K$270K15xas long as short