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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.040%
Price spread now: Ondo Perps against Gate−0.097%7-day average −0.059% · 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 7 days+0.083%+$8 on $10k
Price spread, last 7 days−0.002%$0 · spread now −0.097%, 7d avg −0.059%
Together, before fees+0.081%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.038% cheaper against Gate than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of −0.059%). If the spread goes back, that is −$4 on $10k: about 2.5 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MU_USDT1,042.90get 0.0000% / 8h2h 14m$62.9M$29.1M75x
ShortOndo Perps MU-USD.P1,041.90.0050get 0.0006% / 1h14m 08s$2.0M$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: −0.097% → −0.059%
−$3.77
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$13.19
Costs to cover
0.200%
Break-even
15.7 days
Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago0.05 bp10.4 bp −$1017.2 bp −$17243.8 bp −$4,37678.6 bp −$39.3K
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 MUUSDC−0.0923%4h1,043.4+0.052%$1.3M$674K10xas long as short
Aster MUUSD10.0000%8h1,043.5+0.056%$21.5M$45.9M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,042.8−0.004%$30.7M$104.3M50xas long as short
Gate MU_USDTlong0.0000%8h1,042.9long leg$62.9M$29.1M75x
SunX MU-USDT0.0000%8h1,045.1+0.217%$11K$6.7M10xas long as short
HTX MU-USDT0.0000%8h1,042.7−0.016%$125K$442K50xas long as short
StandX MU-USD+0.0026%1h1,042.6−0.024%$188K$3.3M20xas long as short
Aftermath Perps MUUSD+0.0027%1h1,042.6−0.023%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,042.9−0.003%$1.1M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.751%$14K$30212xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,042.7−0.016%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,042.7−0.017%$165K$180K10xas long as short
SoDEX MU-USD+0.0050%1h1,042.9+0.006%$684K$16K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,041.9−0.097%$2.0M$2.6M10x
QFEX MU-USD+0.0057%1h1,043+0.008%$7.8M$24.1M10xas long as short
Bitget MUUSDT+0.0071%8h1,042.7−0.021%$20.4M$42.8M50xas long as short
Variational Omni MU+0.0078%8h1,043.3+0.039%$2.7M$2.7Mas long as short
Pacifica MU+0.0100%1h1,042.2−0.068%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.8−0.004%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.9+0.006%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043+0.014%$829$79920xas long as short
Binance MUUSDT+0.0104%8h1,043.1+0.023%$124.8M$540.5M50xas long as short
Aevo MU-PERP+0.0104%1h1,042.8−0.007%$33K10xas long as short
Paradex MU-USD-PERP+0.0121%8h1,042.7−0.015%$2K5xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,043.8+0.090%$756K$1.5M10xas long as short
GRVT MU_USDT_Perp+0.0172%8h1,043.6+0.074%$82K$1.4M10xas long as short
Bybit MUUSDT+0.0182%8h1,043.2+0.032%$19.1M$32.5M100xas long as short
Nado MU-PERP+0.0196%1h1,042.2−0.065%$307K$845K10xas long as short
RISEx MU/USDC+0.0202%1h1,043.3+0.039%$285K$333K20xas long as short
Lighter MU+0.0208%1h1,042.9−0.002%$999K$4.8M20xas long as short
tradeXYZ xyz:MU+0.0208%1h1,042.8−0.008%$176.3M$107.2M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0210%1h1,043.1+0.025%$58K$222K10xas long as short
BloFin MU-USDT+0.0223%8h1,043.3+0.036%$1.5M$2.1M20xas long as short
Arcus MU-USD+0.0226%1h1,042.8−0.012%$63K$230K10xas long as short
Bullet MU-USD+0.0229%1h1,043.1+0.023%$26K$400K10xas long as short
Phoenix MU+0.0230%1h1,043.7+0.079%$534K$303K15xas long as short
Extended MU_24_5-USD+0.0696%1h1,042−0.082%$540K$1.1M10xas long as short