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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.048%
Price spread now: Aster against BloFin+0.038%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.367%−$37 on $10k
Price spread, last 4 days (all we have)+0.055%+$5 · spread now +0.038%, 7d avg −0.004%
Together, before fees−0.312%+ Points / potential airdropAster: Stage 5 · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.042% dearer against BloFin than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of −0.004%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 28 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MU-USDT1,043.30.0120pay 0.0120% / 8h2h 53m$1.5M$2.0M20x
ShortAster MUUSD11,043.70get 0.0000% / 8h2h 53m$21.2M$57.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$25.2
Price spread: +0.038% → −0.004%
$4.21
Slippage, 4 orders
−$11.15
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$52.14
Costs to cover
0.311%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Aster: live order book, 6 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 BloFin live order book, 5 min ago0.10 bp6.7 bp −$77.7 bp −$7713.6 bp −$1,361doesn't fit
Sell Aster live order book, 6 min ago1.68 bp7.8 bp −$819.6 bp −$196doesn'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−0.0030%4h1,042.3−0.101%$1.3M$671K10xas long as short
Aster MUUSD1short0.0000%8h1,043.7+0.038%$21.2M$57.2M20x
Binance MUUSDT0.0000%8h1,043.5+0.014%$123.1M$526.4M50xas long as short
Bybit MUUSDT0.0000%8h1,043.3−0.003%$18.6M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,043.1−0.017%$30.5M$99.9M50xas long as short
RISEx MU/USDC0.0000%1h1,043.5+0.013%$337K$354K20xas long as short
Gate MU_USDT0.0000%8h1,043.1−0.019%$61.9M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,043.3+0.001%$20.5M$41.7M50xas long as short
Variational Omni MU0.0000%8h1,042.8−0.047%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,042.1−0.113%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,042.6−0.066%$189K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,044.8+0.140%$11K$5.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,043.1−0.020%$73K$499K10xas long as short
HTX MU-USDT0.0000%8h1,043.1−0.026%$128K$439K50xas long as short
Aftermath Perps MUUSD+0.0020%1h1,041.5−0.171%$3K$44K10xas long as short
QFEX MU-USD+0.0023%1h1,043.1−0.021%$7.0M$18.1M10xas long as short
Nado MU-PERP+0.0029%1h1,042.9−0.036%$281K$821K10xas long as short
Lighter RH MU+0.0032%1h1,043.3−0.001%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,042.7−0.055%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.771%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,042−0.127%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,043.5+0.013%$176K25xas long as short
Bullet MU-USD+0.0050%1h1,043.1−0.018%$26K$392K10xas long as short
tradeXYZ xyz:MU+0.0050%1h1,043−0.031%$177.3M$93.5M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043−0.031%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.1−0.018%$685K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,041.5−0.177%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,043.2−0.008%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,042.9−0.043%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,043.1−0.022%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043−0.028%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,041.9−0.135%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.2−0.013%$829$79920xas long as short
BloFin MU-USDTlong+0.0120%8h1,043.3long leg$1.5M$2.0M20x
Lighter MU+0.0136%1h1,043.6+0.023%$1.1M$4.9M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,043.30.000%$745K$1.2M10xas long as short
Phoenix MU+0.0231%1h1,043−0.031%$534K$270K15xas long as short