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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Gate against OKX−0.010%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.344% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.123%−$12 on $10k
Price spread, last 7 days−0.008%−$1 · spread now −0.010%, 7d avg −0.023%
Together, before fees−0.130%−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MU-USDT-SWAP1,0380get 0.0000% / 8h38m 42s$29.8M$100.1M50x
ShortGate MU_USDT1,037.90get 0.0000% / 8h38m 42s$61.5M$28.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.010% → −0.023%
$1.34
Slippage, 4 orders
−$9.37
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$33.04
Costs to cover
0.344%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago0.05 bp6.0 bp −$67.9 bp −$7918.8 bp −$1,881doesn't fit
Sell Gate live order book, 5 min ago0.77 bp11.5 bp −$1216.1 bp −$16135.8 bp −$3,57661.9 bp −$31.0K

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−0.0986%4h1,038.8+0.079%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0184%8h1,038.1+0.014%$20.2M$40.1M50xas long as short
Aster MUUSD10.0000%8h1,038.5+0.051%$21.2M$65.4M20xas long as short
Binance MUUSDT0.0000%8h1,038.1+0.011%$122.1M$538.6M50xas long as short
Bybit MUUSDT0.0000%8h1,037.9−0.007%$18.7M$32.3M100xas long as short
OKX MU-USDT-SWAPlong0.0000%8h1,038long leg$29.8M$100.1M50x
RISEx MU/USDC0.0000%1h1,038.1+0.009%$313K$385K20xas long as short
Gate MU_USDTshort0.0000%8h1,037.9−0.010%$61.5M$28.3M75x
Variational Omni MU0.0000%8h1,038.9+0.089%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,039+0.095%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,039.1+0.102%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.7+0.165%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,037.8−0.018%$74K$605K10xas long as short
HTX MU-USDT0.0000%8h1,037.7−0.031%$127K$479K50xas long as short
Aftermath Perps MUUSD+0.0016%1h1,038−0.003%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,037.8−0.017%$7.0M$18.8M10xas long as short
Nado MU-PERP+0.0024%1h1,037.7−0.024%$279K$808K10xas long as short
Bullet MU-USD+0.0025%1h1,038.1+0.010%$25K$390K10xas long as short
Lighter RH MU+0.0032%1h1,038.1+0.009%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.5−0.046%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.288%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,037.6−0.041%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.1+0.014%$175K25xas long as short
Lighter MU+0.0048%1h1,038.1+0.014%$1.0M$4.9M20xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.9−0.009%$176.4M$82.6M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.8−0.018%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.9−0.013%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,038.3+0.029%$1.9M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,037.9−0.006%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,037.6−0.040%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,037.9−0.009%$725K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038+0.003%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.8−0.019%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.5+0.049%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.8−0.016%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038−0.003%$1.4M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.9+0.088%$531K$270K15xas long as short