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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.029%
Price spread now: BloFin against Bullet−0.015%48s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.278% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.067%+$7 on $10k
Price spread, last 4 days (all we have)−0.186%−$19 · spread now −0.015%, 7d avg 0.000%
Together, before fees−0.119%−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet MU-USD1,024.60.0119pay 0.0015% / 1h28m 22s$25K$388K10x
ShortBloFin MU-USDT1,024.40.0120get 0.0120% / 8h7h 28m$1.5M$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bullet. 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
$0.17
Price spread: −0.015% → 0.000%
−$1.49
Slippage, 4 orders
−$7.75
Fee Bullet: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.08
Costs to cover
0.278%
Break-even
1236.4 days
Slippage from Bullet: live order book, 6 min ago; BloFin: live order book, 5 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 Bullet live order book, 6 min ago1.46 bp7.8 bp −$820.4 bp −$204doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.05 bp6.3 bp −$68.3 bp −$83doesn'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−0.0522%4h1,025.4+0.080%$1.3M$696K10xas long as short
Bitget MUUSDT−0.0032%8h1,024.2−0.037%$19.7M$40.8M50xas long as short
Aster MUUSD10.0000%8h1,024.1−0.044%$20.9M$69.1M20xas long as short
Binance MUUSDT0.0000%8h1,024.4−0.021%$121.4M$548.2M50xas long as short
Bybit MUUSDT0.0000%8h1,024.5−0.010%$18.5M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,024.4−0.015%$29.1M$101.7M50xas long as short
RISEx MU/USDC0.0000%1h1,024.1−0.051%$291K$382K20xas long as short
Gate MU_USDT0.0000%8h1,024−0.057%$61.5M$28.2M75xas long as short
Variational Omni MU0.0000%8h1,025.8+0.115%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,025.3+0.071%$73K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,024.2−0.040%$185K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,025+0.041%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,023.9−0.067%$119K$491K50xas long as short
QFEX MU-USD+0.0027%1h1,024−0.058%$6.9M$18.9M10xas long as short
Aftermath Perps MUUSD+0.0029%1h1,025.4+0.082%$3K$43K10xas long as short
Lighter RH MU+0.0032%1h1,023.7−0.089%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,023.1−0.146%$541K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.613%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,023.6−0.101%$89K$243K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,023.6−0.098%$180K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,023.1−0.145%$165K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,023.8−0.082%$672K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,023.1−0.148%$1.9M$3.0M10xas long as short
Lighter MU+0.0056%1h1,023.7−0.091%$969K$5.0M20xas long as short
Paradex MU-USD-PERP+0.0058%8h1,023.9−0.068%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,023.3−0.125%$31K$1K10xas long as short
tradeXYZ xyz:MU+0.0087%1h1,023.9−0.067%$173.2M$80.2M10xas long as short
Nado MU-PERP+0.0091%1h1,023.3−0.123%$264K$814K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,029.2+0.450%$719K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,023.3−0.130%$145K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,023.7−0.087%$5.1M$4.6M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,024.7+0.011%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,023.7−0.084%$814$79920xas long as short
Bullet MU-USDlong+0.0119%1h1,024.6long leg$25K$388K10x
BloFin MU-USDTshort+0.0120%8h1,024.4−0.015%$1.5M$2.2M20x
Phoenix MU+0.0231%1h1,024.2−0.038%$524K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0503%1h1,023.6−0.092%$72K$629K10xas long as short