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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h +0.033%
Price spread now: Nado against HTX−0.063%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$320.324% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.027%+$3 on $10k
Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.063%, 7d avg −0.018%
Together, before fees+0.181%+ Points / potential airdropNado: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.045% cheaper against HTX than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.018%). If the spread goes back, that is −$5 on $10k: about 2.0 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.027% in total) that is about 5.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX MU-USDT1,028.30get 0.0000% / 8h7h 35m$119K$488K50x
ShortNado MU-PERP1,027.60.0074get 0.0009% / 1h35m 51s$262K$811K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against HTX. 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
$15.56
Price spread: −0.063% → −0.018%
−$4.53
Slippage, 4 orders
−$13.38
Fee HTX: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$21.35
Costs to cover
0.324%
Break-even
16.6 days
Slippage from HTX: live order book, 63 min ago; Nado: live order book, 62 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 HTX live order book, 63 min ago3.47 bp10.3 bp −$1015.3 bp −$15322.4 bp −$2,243doesn't fit
Sell Nado live order book, 62 min ago0.05 bp5.5 bp −$627.5 bp −$275doesn'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−0.0646%4h1,029.1+0.082%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0061%8h1,028.3−0.002%$19.8M$40.3M50xas long as short
Aster MUUSD10.0000%8h1,028.6+0.035%$21.0M$68.9M20xas long as short
Binance MUUSDT0.0000%8h1,028.1−0.016%$121.1M$543.9M50xas long as short
Bybit MUUSDT0.0000%8h1,028.2−0.008%$18.6M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,028−0.033%$29.4M$101.1M50xas long as short
RISEx MU/USDC0.0000%1h1,028.1−0.016%$309K$375K20xas long as short
Gate MU_USDT0.0000%8h1,027.9−0.038%$61.9M$28.0M75xas long as short
Variational Omni MU0.0000%8h1,028.1−0.021%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,029+0.065%$72K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,029+0.067%$186K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,029.1+0.074%$11K$5.4M10xas long as short
HTX MU-USDTlong0.0000%8h1,028.3long leg$119K$488K50x
Aftermath Perps MUUSD+0.0026%1h1,029.1+0.076%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,028−0.029%$6.9M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,028−0.032%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,027.2−0.108%$540K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.244%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,027.5−0.081%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,027.8−0.050%$176K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,027.2−0.106%$166K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,028.2−0.008%$675K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,028−0.026%$1.9M$2.9M10xas long as short
Paradex MU-USD-PERP+0.0057%8h1,028−0.025%$2K5xas long as short
Lighter MU+0.0064%1h1,028.1−0.021%$982K$4.9M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0071%1h1,027.9−0.039%$72K$629K10xas long as short
Nado MU-PERPshort+0.0074%1h1,027.6−0.063%$262K$811K10x
tradeXYZ xyz:MU+0.0075%1h1,027.9−0.038%$173.9M$79.5M10xas long as short
Aevo MU-PERP+0.0080%1h1,027.7−0.057%$32K$1K10xas long as short
Bullet MU-USD+0.0087%1h1,028−0.030%$25K$388K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,029.2+0.088%$719K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,027.9−0.034%$146K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,027.8−0.052%$5.1M$4.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,028.5+0.024%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,028.3+0.003%$818$79920xas long as short
BloFin MU-USDT+0.0120%8h1,029.7+0.136%$1.5M$2.2M20xas long as short
Phoenix MU+0.0231%1h1,029.9+0.157%$527K$270K15xas long as short