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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.017%
Price spread now: Aster against Gate+0.010%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.357% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 7 days+0.031%+$3 · spread now +0.010%, 7d avg +0.024%
Together, before fees+0.067%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MU_USDT1,049.90get 0.0000% / 8h5h 41m$62.1M$27.4M75x
ShortAster MUUSD11,0500.0092get 0.0092% / 8h5h 41m$21.4M$52.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$19.39
Price spread: +0.010% → +0.024%
−$1.4
Slippage, 4 orders
−$12.73
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$17.74
Costs to cover
0.357%
Break-even
13.4 days
Slippage from Gate: live order book, 3 min ago; Aster: live order book, 3 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 Gate live order book, 3 min ago0.76 bp11.0 bp −$1115.1 bp −$15139.9 bp −$3,98678.2 bp −$39.1K
Sell Aster live order book, 3 min ago0.76 bp5.7 bp −$67.9 bp −$79doesn'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−0.0030%4h1,050+0.008%$1.3M$670K10xas long as short
RISEx MU/USDC0.0000%1h1,050+0.007%$333K$349K20xas long as short
Gate MU_USDTlong0.0000%8h1,049.9long leg$62.1M$27.4M75x
StandX MU-USD0.0000%1h1,050+0.003%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,051.7+0.168%$11K$5.9M10xas long as short
HTX MU-USDT0.0000%8h1,050+0.003%$129K$428K50xas long as short
GRVT MU_USDT_Perp+0.0003%8h1,050.3+0.030%$79K$1.3M10xas long as short
Bybit MUUSDT+0.0005%8h1,050.1+0.018%$19.1M$32.3M100xas long as short
Aftermath Perps MUUSD+0.0021%1h1,050+0.011%$3K$44K10xas long as short
QFEX MU-USD+0.0030%1h1,049.8−0.011%$7.2M$18.3M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,049.7−0.019%$1.2M$4.3M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,049.4−0.051%$564K$1.1M10xas long as short
OKX MU-USDT-SWAP+0.0033%8h1,049.8−0.012%$31.0M$99.9M50xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.136%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,049.8−0.010%$71K$235K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,050.9+0.093%$175K25xas long as short
Lighter MU+0.0048%1h1,050+0.002%$1.1M$4.9M20xas long as short
Polymarket Perps MU-USD+0.0050%1h1,049.8−0.012%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,049.7−0.019%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.2−0.070%$1.9M$2.3M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0055%1h1,049.7−0.020%$67K$362K10xas long as short
Paradex MU-USD-PERP+0.0058%8h1,049.9−0.002%$2K5xas long as short
Nado MU-PERP+0.0075%1h1,049.4−0.055%$281K$849K10xas long as short
tradeXYZ xyz:MU+0.0078%1h1,049.8−0.012%$178.2M$99.2M10xas long as short
Aster MUUSD1short+0.0092%8h1,050+0.010%$21.4M$52.1M20x
Coinbase International MU-PERP-INTX+0.0096%1h1,049.9+0.001%$756K$1.2M10xas long as short
Bullet MU-USD+0.0098%1h1,050.1+0.016%$25K$397K10xas long as short
Pacifica MU+0.0100%1h1,049.9−0.002%$149K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,049.8−0.014%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,049.8−0.012%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,049.9−0.001%$835$79920xas long as short
Aevo MU-PERP+0.0120%1h1,049.6−0.029%$32K$1K10xas long as short
Variational Omni MU+0.0138%8h1,049.6−0.027%$2.7M$2.4Mas long as short
Bitget MUUSDT+0.0144%8h1,050.1+0.014%$20.6M$41.1M50xas long as short
Binance MUUSDT+0.0151%8h1,049.9−0.001%$126.4M$518.2M50xas long as short
Phoenix MU+0.0229%1h1,050.2+0.026%$537K$271K15xas long as short
BloFin MU-USDT+0.0271%8h1,050.2+0.025%$1.5M$2.0M20xas long as short