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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0973%/8h= +106.5% APRpaid last 24h −0.067%
Price spread now: Ondo Perps against edgeX+0.101%54s7-day average −0.056% · 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 7 days−0.771%−$77 on $10k
Price spread, last 7 days−0.296%−$30 · spread now +0.101%, 7d avg −0.056%
Together, before fees−1.067%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board−$107 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Ondo Perps is 0.157% dearer against edgeX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.056%. Mind the row above: over the last 7 days funding on this pair cost −0.771%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MUUSDC1,049.6−0.0922get 0.0461% / 4h3h 28m$1.3M$674K10x
ShortOndo Perps MU-USD.P1,050.70.0050get 0.0006% / 1h28m 15s$1.9M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against edgeX. 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
$204.27
Price spread: +0.101% → −0.056%
$15.69
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$205.95
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: edgeX: live order book, 1 min ago; Ondo Perps: 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 edgeX live order book, 1 min ago5.42 bp10.0 bp −$1011.8 bp −$11834.3 bp −$3,433doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 MUUSDClong−0.0922%4h1,049.6long leg$1.3M$674K10x
Gate MU_USDT0.0000%8h1,052.1+0.233%$62.9M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,048.9−0.063%$190K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,053.5+0.371%$11K$6.2M10xas long as short
HTX MU-USDT0.0000%8h1,052.2+0.243%$130K$425K50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,049.60.000%$3K$45K10xas long as short
Lighter MU+0.0032%1h1,052+0.226%$1.1M$4.8M20xas long as short
Lighter RH MU+0.0032%1h1,051.9+0.216%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.167%$19K$5K12xas long as short
Vest MU-USD-PERP+0.0046%1h1,052.5+0.274%$179K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,052.1+0.238%$171K$203K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,050.7+0.101%$1.9M$2.3M10x
QFEX MU-USD+0.0054%1h1,051.8+0.213%$7.8M$22.5M10xas long as short
Nado MU-PERP+0.0079%1h1,051.1+0.138%$276K$858K10xas long as short
Paradex MU-USD-PERP+0.0093%8h1,052+0.228%$2K5xas long as short
Pacifica MU+0.0100%1h1,052+0.232%$148K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,051.4+0.166%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,048.8−0.074%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052+0.226%$836$79920xas long as short
OKX MU-USDT-SWAP+0.0101%8h1,052+0.225%$30.9M$102.1M50xas long as short
Aevo MU-PERP+0.0136%1h1,051.7+0.196%$32K$1K10xas long as short
SoDEX MU-USD+0.0136%1h1,051.8+0.211%$690K$16K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0178%1h1,051.8+0.208%$64K$303K10xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,048.4−0.118%$759K$1.2M10xas long as short
Bybit MUUSDT+0.0202%8h1,052.3+0.259%$19.5M$32.7M100xas long as short
Variational Omni MU+0.0211%8h1,049.7+0.008%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0227%8h1,051.5+0.183%$21.6M$48.3M20xas long as short
Binance MUUSDT+0.0228%8h1,052+0.230%$126.2M$523.9M50xas long as short
Bullet MU-USD+0.0235%1h1,052.3+0.257%$25K$396K10xas long as short
Arcus MU-USD+0.0240%1h1,050.1+0.043%$71K$243K10xas long as short
tradeXYZ xyz:MU+0.0271%1h1,051.9+0.219%$178.5M$101.3M10xas long as short
RISEx MU/USDC+0.0312%1h1,052.1+0.238%$316K$339K20xas long as short
Bitget MUUSDT+0.0342%8h1,052.1+0.233%$20.6M$41.6M50xas long as short
BloFin MU-USDT+0.0345%8h1,051.3+0.165%$1.5M$2.0M20xas long as short
Phoenix MU+0.0383%1h1,050.2+0.057%$537K$306K15xas long as short
Extended MU_24_5-USD+0.0408%1h1,051.3+0.164%$572K$1.2M10xas long as short
GRVT MU_USDT_Perp+0.0484%8h1,049.6−0.003%$83K$1.3M10xas long as short