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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Aster against Bybit−0.018%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.018%, 7d avg −0.004%
Together, before fees−0.084%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUUSDT1,036.70get 0.0000% / 8h7h 57m$18.8M$32.3M100x
ShortAster MUUSD11,036.50get 0.0000% / 8h7h 57m$21.2M$68.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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: −0.018% → −0.004%
−$1.37
Slippage, 4 orders
−$11.24
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$31.62
Costs to cover
0.302%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Aster: live order book, 2 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 Bybit live order book, 2 min ago1.21 bp9.4 bp −$911.5 bp −$11549.5 bp −$4,945doesn't fit
Sell Aster live order book, 2 min ago1.45 bp7.1 bp −$725.8 bp −$258doesn'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−0.0576%4h1,037.7+0.100%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0119%8h1,036.4−0.029%$20.0M$40.5M50xas long as short
Aster MUUSD1short0.0000%8h1,036.5−0.018%$21.2M$68.3M20x
Binance MUUSDT0.0000%8h1,036.6−0.012%$122.5M$538.1M50xas long as short
Bybit MUUSDTlong0.0000%8h1,036.7long leg$18.8M$32.3M100x
OKX MU-USDT-SWAP0.0000%8h1,036.2−0.045%$29.9M$100.4M50xas long as short
RISEx MU/USDC0.0000%1h1,036.5−0.016%$312K$382K20xas long as short
Gate MU_USDT0.0000%8h1,036.3−0.041%$62.2M$27.5M75xas long as short
Variational Omni MU0.0000%8h1,038+0.124%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,036.8+0.014%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.8+0.006%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,037.8+0.111%$11K$5.5M10xas long as short
HTX MU-USDT0.0000%8h1,036.3−0.035%$126K$483K50xas long as short
Aftermath Perps MUUSD+0.0020%1h1,037+0.033%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,035.9−0.072%$7.0M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,036.5−0.022%$1.1M$4.3M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,036−0.067%$555K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.415%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,035.9−0.078%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,036.2−0.048%$176K25xas long as short
Bullet MU-USD+0.0046%1h1,036.8+0.011%$24K$388K10xas long as short
tradeXYZ xyz:MU+0.0050%1h1,036.2−0.047%$176.1M$80.5M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,035.7−0.095%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,036.1−0.062%$680K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,036.3−0.037%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,035.2−0.145%$1.9M$2.8M10xas long as short
Nado MU-PERP+0.0060%1h1,035.4−0.123%$277K$803K10xas long as short
Lighter MU+0.0080%1h1,036.6−0.012%$1.0M$4.9M20xas long as short
Aevo MU-PERP+0.0080%1h1,036.7−0.002%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,038.3+0.159%$726K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,035.9−0.077%$144K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,035.9−0.080%$5.2M$4.2M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037+0.034%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,036.4−0.028%$824$79920xas long as short
BloFin MU-USDT+0.0120%8h1,036.7−0.001%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,036.9+0.020%$530K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0262%1h1,036.5−0.017%$74K$623K10xas long as short