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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.049%
Price spread now: Vest against Coinbase International+0.142%7-day average +0.688% · 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 3 days (all we have)−0.069%−$7 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.142%, 7d avg +0.688%
Together, before fees−0.034%+ Points / potential airdropVest: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.546% cheaper against Coinbase International than usual: you would sell low and buy high (−$55 if the spread goes back to its 7-day average of +0.688%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MU-PERP-INTX1,051.90.0096pay 0.0012% / 1h6m 34s$758K$1.2M10x
ShortVest MU-USD-PERP1,053.40.0046get 0.0006% / 1h6m 34s$175K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Coinbase International. 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
−$10.57
Price spread: +0.142% → +0.688%
−$54.61
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$77.18
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Vest: 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 Coinbase International live order book, 2 min ago2.85 bp7.9 bp −$812.7 bp −$12780.1 bp −$8,009doesn't fit
Sell Vest no order-book sample
Vest: 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−0.0083%4h1,052+0.009%$1.3M$671K10xas long as short
RISEx MU/USDC0.0000%1h1,052.5+0.058%$334K$348K20xas long as short
Gate MU_USDT0.0000%8h1,052.3+0.032%$62.0M$27.6M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.3+0.036%$78K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,052.2+0.022%$190K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,054.3+0.223%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,052+0.008%$130K$430K50xas long as short
Bybit MUUSDT+0.0009%8h1,052.8+0.081%$19.2M$32.3M100xas long as short
OKX MU-USDT-SWAP+0.0017%8h1,052.5+0.050%$31.1M$100.0M50xas long as short
Aftermath Perps MUUSD+0.0018%1h1,051.7−0.022%$3K$44K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX MU-USD+0.0030%1h1,052.2+0.022%$7.2M$18.1M10xas long as short
Lighter RH MU+0.0032%1h1,052.2+0.021%$1.3M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.055%$19K$5K12xas long as short
Aster MUUSD1+0.0038%8h1,052.3+0.034%$21.4M$54.7M20xas long as short
Arcus MU-USD+0.0040%1h1,051.8−0.010%$71K$234K10xas long as short
Vest MU-USD-PERPshort+0.0046%1h1,053.4+0.142%$175K25x
Nado MU-PERP+0.0047%1h1,052+0.004%$282K$845K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,052.2+0.025%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.4+0.043%$691K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.5−0.040%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0054%8h1,052.5+0.054%$2K5xas long as short
Lighter MU+0.0056%1h1,052.2+0.029%$1.1M$5.1M20xas long as short
tradeXYZ xyz:MU+0.0062%1h1,052.1+0.015%$178.5M$98.9M10xas long as short
Bullet MU-USD+0.0065%1h1,052.5+0.055%$26K$398K10xas long as short
Extended MU_24_5-USD+0.0072%1h1,051.6−0.029%$564K$1.1M10xas long as short
Variational Omni MU+0.0081%8h1,051.9−0.004%$2.7M$2.4Mas long as short
Coinbase International MU-PERP-INTXlong+0.0096%1h1,051.9long leg$758K$1.2M10x
Pacifica MU+0.0100%1h1,052.5+0.050%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052+0.009%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051.8−0.010%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.3+0.033%$837$79920xas long as short
Aevo MU-PERP+0.0104%1h1,052.1+0.012%$32K$1K10xas long as short
Binance MUUSDT+0.0105%8h1,052.4+0.044%$126.7M$518.0M50xas long as short
Deribit MU_USDC-PERPETUAL+0.0111%1h1,052.3+0.033%$69K$389K10xas long as short
Bitget MUUSDT+0.0133%8h1,052.4+0.039%$20.6M$41.0M50xas long as short
BloFin MU-USDT+0.0227%8h1,052.2+0.024%$1.5M$2.0M20xas long as short
Phoenix MU+0.0229%1h1,052.7+0.072%$538K$271K15xas long as short