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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0417%/8h= +45.6% APRpaid last 24h −0.057%
Price spread now: Vest against edgeX−0.005%63s7-day average +0.697% · you buy dearer than you sell
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)−0.308%−$31 on $10k
Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.005%, 7d avg +0.697%
Together, before fees−0.315%+ Points / potential airdropedgeX: Active · Vest: Active · farm board−$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.702% cheaper against edgeX than usual: you would sell low and buy high (spread −0.005% now, against its 7-day average of +0.697%). If the spread goes back, that is −$70 on $10k: about 5.6 days of funding at the current rate (+$13 a day). Mind the row above: over the last 3 days funding on this pair cost −0.308%, so the current rate has only just turned in your favour. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MUUSDC1,043.4−0.0371get 0.0186% / 4h1h 03m$1.3M$673K10x
ShortVest MU-USD-PERP1,043.30.0046get 0.0006% / 1h3m 52s$194K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$87.52
Price spread: −0.005% → +0.697%
−$70.19
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
$6.33
Costs to cover
0.110%
Break-even
6.5 days
Slippage unknown: edgeX: live order book, 5 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 edgeX live order book, 5 min ago5.61 bp10.2 bp −$1011.8 bp −$11834.6 bp −$3,455doesn'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 MUUSDClong−0.0371%4h1,043.4long leg$1.3M$673K10x
Gate MU_USDT0.0000%8h1,043.9+0.046%$62.9M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,042.7−0.062%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,046.2+0.269%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,044+0.063%$125K$442K50xas long as short
Lighter RH MU+0.0032%1h1,043.8+0.044%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.703%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0037%1h1,043.4−0.002%$3K$45K10xas long as short
Vest MU-USD-PERPshort+0.0046%1h1,043.3−0.005%$194K25x
Polymarket Perps MU-USD+0.0050%1h1,043.5+0.012%$165K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,042.7−0.063%$2.0M$2.7M10xas long as short
SoDEX MU-USD+0.0054%1h1,044+0.060%$685K$16K10xas long as short
OKX MU-USDT-SWAP+0.0054%8h1,044+0.064%$30.8M$105.1M50xas long as short
QFEX MU-USD+0.0071%1h1,043.8+0.038%$7.8M$24.1M10xas long as short
Pacifica MU+0.0100%1h1,044+0.055%$154K$181K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.6+0.022%$5.2M$4.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043−0.041%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044+0.055%$830$79920xas long as short
Aster MUUSD1+0.0112%8h1,044.4+0.102%$21.5M$47.4M20xas long as short
Bitget MUUSDT+0.0117%8h1,043.9+0.049%$20.5M$43.0M50xas long as short
Aevo MU-PERP+0.0128%1h1,043.9+0.046%$33K10xas long as short
Paradex MU-USD-PERP+0.0148%8h1,043.8+0.040%$2K5xas long as short
Variational Omni MU+0.0159%8h1,043.5+0.009%$2.6M$2.6Mas long as short
Binance MUUSDT+0.0177%8h1,044.2+0.079%$124.8M$535.1M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,043.2−0.014%$755K$1.4M10xas long as short
Lighter MU+0.0208%1h1,044+0.057%$1.0M$4.8M20xas long as short
GRVT MU_USDT_Perp+0.0224%8h1,043.8+0.038%$77K$1.4M10xas long as short
Nado MU-PERP+0.0236%1h1,043−0.041%$273K$871K10xas long as short
Bybit MUUSDT+0.0263%8h1,044.4+0.094%$19.2M$32.6M100xas long as short
Bullet MU-USD+0.0281%1h1,044+0.057%$25K$396K10xas long as short
BloFin MU-USDT+0.0295%8h1,043.9+0.052%$1.4M$2.0M20xas long as short
tradeXYZ xyz:MU+0.0328%1h1,043.9+0.050%$176.3M$106.5M10xas long as short
Phoenix MU+0.0383%1h1,044+0.060%$534K$306K15xas long as short
Arcus MU-USD+0.0435%1h1,043.4−0.002%$73K$241K10xas long as short
RISEx MU/USDC+0.0499%1h1,044.1+0.071%$295K$339K20xas long as short
Deribit MU_USDC-PERPETUAL+0.0536%1h1,043.8+0.044%$62K$252K10xas long as short
Extended MU_24_5-USD+0.0704%1h1,042.9−0.050%$547K$1.1M10xas long as short