Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Gate−0.029%7-day average +0.722% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.042%+$4 on $10k

Price spread, last 3 days (all we have)+0.029%+$3 · spread now −0.029%, 7d avg +0.722%

Together, before fees+0.071%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Vest is 0.751% cheaper against Gate than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.722%). If the spread goes back, that is −$75 on $10k: about 55 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MU_USDT	1,042.4	0	get 0.0000% / 8h	2h 07m	$62.9M	$29.1M	75x
Short	Vest MU-USD-PERP	1,042.1	0.0046	get 0.0006% / 1h	7m 21s	—	$193K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee GatebpFee VestbpOrdersPrice spread, now −0.029%Rate

Funding earned: $9.59
Price spread: −0.029% → +0.722%: −$75.05
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: −$82.46
Costs to cover: 0.170%
Break-even: 67.2 days

Slippage unknown: Gate: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	0.05 bp	10.4 bp −$10	18.5 bp −$185	40.9 bp −$4,092	75.9 bp −$37.9K
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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MUUSDC	−0.0333%	4h	1,042.6	+0.018%	$1.3M	$672K	10x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,042.5	+0.008%	$30.7M	$104.2M	50x	as long as short
Gate MU_USDTlong	0.0000%	8h	1,042.4	long leg	$62.9M	$29.1M	75x
StandX MU-USD	0.0000%	1h	1,042.6	+0.016%	$188K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,044.3	+0.183%	$11K	$6.7M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,042.3	−0.014%	$125K	$442K	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,042.9	+0.046%	$21.5M	$46.4M	20x	as long as short
Aftermath Perps MUUSD	+0.0028%	1h	1,042.6	+0.020%	$3K	$44K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,042.4	−0.005%	$1.1M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.794%	$14K	$302	12x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MU-USD-PERPshort	+0.0046%	1h	1,042.1	−0.029%	—	$193K	25x
Polymarket Perps MU-USD	+0.0050%	1h	1,042.2	−0.022%	$165K	$180K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,042.4	+0.001%	$684K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,041.6	−0.079%	$2.0M	$2.6M	10x	as long as short
QFEX MU-USD	+0.0057%	1h	1,042.7	+0.022%	$7.8M	$24.1M	10x	as long as short
Bitget MUUSDT	+0.0073%	8h	1,042.5	+0.011%	$20.4M	$42.9M	50x	as long as short
Variational Omni MU	+0.0082%	8h	1,043	+0.055%	$2.7M	$2.7M	—	as long as short
Pacifica MU	+0.0100%	1h	1,041.9	−0.054%	$153K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,042.1	−0.030%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,041.9	−0.053%	$71K	$267K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,042.6	+0.013%	$829	$799	20x	as long as short
Binance MUUSDT	+0.0108%	8h	1,042.6	+0.019%	$124.7M	$540.4M	50x	as long as short
Aevo MU-PERP	+0.0112%	1h	1,042.3	−0.008%	$33K	—	10x	as long as short
Paradex MU-USD-PERP	+0.0117%	8h	1,042.5	+0.009%	$2K	—	5x	as long as short
Coinbase International MU-PERP-INTX	+0.0152%	1h	1,043.8	+0.133%	$756K	$1.4M	10x	as long as short
GRVT MU_USDT_Perp	+0.0176%	8h	1,042.8	+0.037%	$82K	$1.4M	10x	as long as short
Bybit MUUSDT	+0.0190%	8h	1,042.8	+0.033%	$19.1M	$32.5M	100x	as long as short
Lighter MU	+0.0192%	1h	1,042.5	+0.003%	$998K	$4.8M	20x	as long as short
Nado MU-PERP	+0.0193%	1h	1,041.8	−0.063%	$306K	$845K	10x	as long as short
RISEx MU/USDC	+0.0202%	1h	1,042.8	+0.038%	$285K	$333K	20x	as long as short
tradeXYZ xyz:MU	+0.0213%	1h	1,042.4	−0.003%	$176.3M	$107.2M	10x	as long as short
Arcus MU-USD	+0.0226%	1h	1,042.1	−0.034%	$63K	$230K	10x	as long as short
BloFin MU-USDT	+0.0227%	8h	1,043	+0.057%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0230%	1h	1,042.7	+0.026%	$533K	$303K	15x	as long as short
Bullet MU-USD	+0.0231%	1h	1,042.6	+0.016%	$25K	$400K	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0326%	1h	1,042.6	+0.012%	$60K	$232K	10x	as long as short
Extended MU_24_5-USD	+0.0688%	1h	1,041.8	−0.058%	$540K	$1.1M	10x	as long as short