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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h −0.022%
Price spread now: Aster against OKX+0.036%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$210.214% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.121%−$12 on $10k
Price spread, last 7 days−0.030%−$3 · spread now +0.036%, 7d avg −0.001%
Together, before fees−0.151%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.038% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MU-USDT-SWAP1,044.40.0026pay 0.0026% / 8h1h 28m$30.9M$104.9M50x
ShortAster MUUSD11,044.70.0072get 0.0072% / 8h1h 28m$21.5M$47.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
$9.68
Price spread: +0.036% → −0.001%
$3.76
Slippage, 4 orders
−$3.43
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$7.99
Costs to cover
0.214%
Break-even
12.8 days
Slippage from OKX: live order book, 6 min ago; Aster: live order book, 6 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 OKX live order book, 6 min ago0.05 bp5.1 bp −$56.4 bp −$6417.3 bp −$1,728doesn't fit
Sell Aster live order book, 6 min ago0.81 bp6.4 bp −$611.3 bp −$113doesn'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−0.0683%4h1,044.2−0.016%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,044.3−0.008%$62.9M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,043.2−0.110%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,046.7+0.218%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,044.1−0.022%$125K$441K50xas long as short
OKX MU-USDT-SWAPlong+0.0026%8h1,044.4long leg$30.9M$104.9M50x
Aftermath Perps MUUSD+0.0031%1h1,043.8−0.052%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,044.1−0.028%$1.2M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.607%$14K$30212xas long as short
Vest MU-USD-PERP+0.0046%1h1,044−0.037%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,044.1−0.026%$165K$184K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.3−0.107%$2.0M$2.7M10xas long as short
SoDEX MU-USD+0.0051%1h1,044.2−0.019%$685K$16K10xas long as short
QFEX MU-USD+0.0071%1h1,044.40.000%$7.8M$24.2M10xas long as short
Aster MUUSD1short+0.0072%8h1,044.7+0.036%$21.5M$47.4M20x
Bitget MUUSDT+0.0096%8h1,044.4+0.004%$20.5M$43.1M50xas long as short
Pacifica MU+0.0100%1h1,044−0.038%$154K$181K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.4−0.089%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.5−0.087%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.4−0.002%$830$79920xas long as short
Aevo MU-PERP+0.0120%1h1,044−0.035%$33K10xas long as short
Variational Omni MU+0.0129%8h1,043.8−0.052%$2.6M$2.7Mas long as short
Paradex MU-USD-PERP+0.0133%8h1,044.2−0.015%$2K5xas long as short
Binance MUUSDT+0.0150%8h1,044.3−0.004%$124.9M$536.1M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,043.9−0.045%$756K$1.4M10xas long as short
Lighter MU+0.0200%1h1,044.2−0.018%$1.0M$4.8M20xas long as short
Nado MU-PERP+0.0208%1h1,043.5−0.088%$266K$868K10xas long as short
GRVT MU_USDT_Perp+0.0208%8h1,044.1−0.028%$82K$1.4M10xas long as short
Bybit MUUSDT+0.0234%8h1,044.6+0.025%$19.2M$32.6M100xas long as short
BloFin MU-USDT+0.0268%8h1,044.6+0.022%$1.4M$2.1M20xas long as short
Bullet MU-USD+0.0269%1h1,044.4+0.004%$26K$398K10xas long as short
tradeXYZ xyz:MU+0.0337%1h1,044−0.035%$176.4M$107.1M10xas long as short
Phoenix MU+0.0383%1h1,044.4+0.003%$534K$306K15xas long as short
Arcus MU-USD+0.0435%1h1,044−0.037%$73K$241K10xas long as short
RISEx MU/USDC+0.0499%1h1,044.7+0.028%$295K$338K20xas long as short
Deribit MU_USDC-PERPETUAL+0.0507%1h1,044.2−0.018%$61K$246K10xas long as short
Extended MU_24_5-USD+0.0656%1h1,043.2−0.115%$541K$1.1M10xas long as short