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 −0.026%
Price spread now: HTX against Bybit−0.049%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$370.368% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.049%, 7d avg −0.004%
Together, before fees−0.062%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.045% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUUSDT1,043.80get 0.0000% / 8h3h 19m$18.7M$31.8M100x
ShortHTX MU-USDT1,043.30get 0.0000% / 8h3h 19m$130K$435K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.049% → −0.004%
−$4.47
Slippage, 4 orders
−$13.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$41.28
Costs to cover
0.368%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; HTX: live order book, 34 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, 5 min ago0.19 bp9.5 bp −$1011.1 bp −$11141.4 bp −$4,143doesn't fit
Sell HTX live order book, 34 min ago2.81 bp9.2 bp −$99.2 bp −$9214.0 bp −$1,402doesn'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−0.0350%4h1,044.9+0.106%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,044+0.012%$21.2M$56.6M20xas long as short
Binance MUUSDT0.0000%8h1,043.6−0.023%$123.9M$522.6M50xas long as short
Bybit MUUSDTlong0.0000%8h1,043.8long leg$18.7M$31.8M100x
OKX MU-USDT-SWAP0.0000%8h1,043.6−0.023%$30.9M$99.4M50xas long as short
RISEx MU/USDC0.0000%1h1,043.9+0.006%$337K$353K20xas long as short
Gate MU_USDT0.0000%8h1,043.5−0.028%$61.9M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,043.7−0.011%$20.5M$41.6M50xas long as short
Variational Omni MU0.0000%8h1,045.1+0.117%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,044.9+0.104%$79K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,045+0.110%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,046.1+0.214%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,043.3−0.048%$73K$479K10xas long as short
HTX MU-USDTshort0.0000%8h1,043.3−0.049%$130K$435K50x
Aftermath Perps MUUSD+0.0023%1h1,044.3+0.049%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,043.6−0.024%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,043.7−0.011%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,043.6−0.020%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,043.1−0.074%$548K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.721%$19K$5K12xas long as short
Nado MU-PERP+0.0037%1h1,043.5−0.027%$281K$828K10xas long as short
Arcus MU-USD+0.0040%1h1,044.2+0.037%$70K$233K10xas long as short
Bullet MU-USD+0.0041%1h1,043.7−0.012%$25K$392K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,044.3+0.046%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,043.4−0.041%$176.6M$95.3M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.6−0.022%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.5−0.029%$685K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,043.8−0.004%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.3+0.045%$1.9M$2.2M10xas long as short
Aevo MU-PERP+0.0080%1h1,043.2−0.059%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,043.7−0.016%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.5−0.029%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,044.5+0.062%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.5−0.032%$830$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.8+0.088%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,044.2+0.036%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,044.9+0.103%$534K$271K15xas long as short