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−0.0178%/8h= −19.5% APRpaid last 24h −0.008%
Price spread now: Vest against GRVT−0.070%7-day average +0.849% · 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)−0.004%$0 on $10k
Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.070%, 7d avg +0.849%
Together, before fees+0.041%+ Points / potential airdropGRVT: Active · Vest: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Vest is 0.919% cheaper against GRVT than usual: you would sell low and buy high (−$92 if the spread goes back to its 7-day average of +0.849%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MU_USDT_Perp1,043.80.0224pay 0.0224% / 8h1h 07m$77K$1.4M10x
ShortVest MU-USD-PERP1,0430.0046get 0.0006% / 1h7m 13s$194K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against GRVT. 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
−$37.45
Price spread: −0.070% → +0.849%
−$91.91
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
−$140.36
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 1 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 GRVT live order book, 1 min ago1.15 bp6.4 bp −$68.4 bp −$84doesn't fitdoesn'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 MUUSDC−0.0010%4h1,043.5−0.030%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,043.3−0.048%$62.9M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,042.7−0.103%$188K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,045.6+0.172%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,043.2−0.053%$125K$442K50xas long as short
Lighter RH MU+0.0032%1h1,043.3−0.045%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.665%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0036%1h1,043.5−0.026%$3K$45K10xas long as short
Vest MU-USD-PERPshort+0.0046%1h1,043−0.070%$194K25x
OKX MU-USDT-SWAP+0.0049%8h1,043.5−0.025%$30.9M$104.9M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,043.2−0.055%$165K$197K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.4−0.040%$685K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,042.7−0.108%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0071%1h1,043.2−0.053%$7.8M$24.1M10xas long as short
Pacifica MU+0.0100%1h1,043.4−0.033%$154K$181K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.2−0.058%$5.2M$4.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.5−0.028%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.4−0.041%$829$79920xas long as short
Aster MUUSD1+0.0108%8h1,043.9+0.016%$21.5M$47.4M20xas long as short
Bitget MUUSDT+0.0114%8h1,043.3−0.048%$20.4M$43.0M50xas long as short
Aevo MU-PERP+0.0120%1h1,043.3−0.045%$33K10xas long as short
Paradex MU-USD-PERP+0.0144%8h1,043.3−0.044%$2K5xas long as short
Variational Omni MU+0.0150%8h1,043.5−0.031%$2.6M$2.6Mas long as short
Binance MUUSDT+0.0172%8h1,043.5−0.023%$124.6M$535.2M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,043.2−0.052%$755K$1.4M10xas long as short
Lighter MU+0.0208%1h1,043.4−0.040%$1.0M$4.8M20xas long as short
GRVT MU_USDT_Perplong+0.0224%8h1,043.8long leg$77K$1.4M10x
Nado MU-PERP+0.0234%1h1,042.7−0.107%$273K$872K10xas long as short
Bybit MUUSDT+0.0260%8h1,043.7−0.005%$19.2M$32.6M100xas long as short
Bullet MU-USD+0.0282%1h1,043.4−0.036%$26K$396K10xas long as short
BloFin MU-USDT+0.0292%8h1,043.6−0.021%$1.4M$2.0M20xas long as short
tradeXYZ xyz:MU+0.0326%1h1,043.3−0.045%$176.2M$106.5M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0354%1h1,043.3−0.046%$62K$251K10xas long as short
Phoenix MU+0.0383%1h1,044+0.022%$534K$306K15xas long as short
Arcus MU-USD+0.0435%1h1,043−0.072%$73K$241K10xas long as short
RISEx MU/USDC+0.0499%1h1,043.7−0.004%$295K$339K20xas long as short
Extended MU_24_5-USD+0.0704%1h1,042.4−0.129%$547K$1.1M10xas long as short