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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.20 per $10,000 · paid last 24h +0.017%
Price spread now: Orderly against Bitget+0.044%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Orderly is 0.044% dearer against Bitget than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUUSDT1,047.40.0120pay 0.0120% / 8h7h 57m$20.5M$41.7M50x
ShortOrderly PERP_MU_USDC_mythos1,047.80.0100get 0.0100% / 8h7h 57m$833$79920x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$4.2
Price spread: +0.044% → 0.000%
$4.39
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$17.81
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Orderly: 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 Bitget live order book, 2 min ago0.53 bp8.4 bp −$811.9 bp −$119doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0299%4h1,044.8−0.242%$1.3M$671K10xas long as short
Gate MU_USDT0.0000%8h1,047−0.034%$63.1M$28.3M75xas long as short
StandX MU-USD0.0000%1h1,045.1−0.213%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.5+0.014%$11K$6.4M10xas long as short
HTX MU-USDT0.0000%8h1,045−0.222%$129K$418K50xas long as short
Aftermath Perps MUUSD+0.0026%1h1,045−0.230%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,046.5−0.084%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.320%$14K$25112xas long as short
Lighter MU+0.0040%1h1,046.8−0.051%$1.0M$4.7M20xas long as short
Vest MU-USD-PERP+0.0046%1h1,047.3−0.007%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,044.6−0.264%$2.0M$2.3M10xas long as short
Nado MU-PERP+0.0051%1h1,046.2−0.107%$271K$866K10xas long as short
QFEX MU-USD+0.0054%1h1,047.1−0.026%$7.9M$23.7M10xas long as short
Bybit MUUSDT+0.0070%8h1,047.8+0.046%$19.3M$32.6M100xas long as short
OKX MU-USDT-SWAP+0.0080%8h1,047.8+0.045%$30.9M$102.1M50xas long as short
Deribit MU_USDC-PERPETUAL+0.0085%1h1,045.6−0.173%$62K$291K10xas long as short
Pacifica MU+0.0100%1h1,046.7−0.066%$153K$180K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,046.4−0.088%$5.2M$3.8M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.8−0.146%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythosshort+0.0100%8h1,047.8+0.044%$833$79920x
Paradex MU-USD-PERP+0.0102%8h1,047−0.034%$2K5xas long as short
Bitget MUUSDTlong+0.0120%8h1,047.4long leg$20.5M$41.7M50x
SoDEX MU-USD+0.0123%1h1,045.5−0.175%$686K$16K10xas long as short
Aevo MU-PERP+0.0128%1h1,046−0.133%$33K10xas long as short
Variational Omni MU+0.0166%8h1,045.6−0.168%$2.7M$2.5Mas long as short
Aster MUUSD1+0.0171%8h1,047.1−0.026%$21.6M$47.6M20xas long as short
Binance MUUSDT+0.0181%8h1,047.7+0.037%$125.3M$526.7M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,045.1−0.212%$757K$1.3M10xas long as short
GRVT MU_USDT_Perp+0.0204%8h1,045.8−0.151%$82K$1.4M10xas long as short
Arcus MU-USD+0.0240%1h1,045.5−0.178%$70K$243K10xas long as short
Polymarket Perps MU-USD+0.0254%1h1,045.9−0.139%$169K$203K10xas long as short
BloFin MU-USDT+0.0303%8h1,045.5−0.182%$1.5M$2.0M20xas long as short
RISEx MU/USDC+0.0312%1h1,047.3−0.003%$315K$337K20xas long as short
Extended MU_24_5-USD+0.0344%1h1,044.4−0.287%$550K$1.0M10xas long as short
Phoenix MU+0.0460%1h1,046−0.130%$535K$306K15xas long as short
Bullet MU-USD+0.0540%1h1,047.8+0.046%$26K$394K10xas long as short
tradeXYZ xyz:MU+0.0619%1h1,045.9−0.139%$177.2M$105.1M10xas long as short