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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against Ondo Perps+0.086%7-day average +0.109% · you sell dearer than you buy
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 7 days+0.102%+$10 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.086%, 7d avg +0.109%
Together, before fees+0.108%+ Points / potential airdropOndo Perps: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.024% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.086% now, against its 7-day average of +0.109%). If the spread goes back, that is −$2 on $10k: about 38 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,0400.0050pay 0.0006% / 1h1m 31s$1.9M$2.5M10x
ShortApeX Omni MUUSDT1,040.90.0100get 0.0013% / 1h1m 31s$71K$269K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Ondo Perps. 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
$10.42
Price spread: +0.086% → +0.109%
−$2.36
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$6.94
Costs to cover
0.150%
Break-even
11.7 days
Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 46 min ago. 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 Ondo Perps no order-book sample
Sell ApeX Omni live order book, 46 min ago7.68 bp19.7 bp −$20184.9 bp −$1,849doesn't fitdoesn't fit
Ondo Perps: 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−0.0585%4h1,040.3+0.024%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0081%8h1,040.7+0.067%$20.3M$41.2M50xas long as short
Aster MUUSD10.0000%8h1,040.7+0.065%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,040.5+0.042%$122.1M$536.4M50xas long as short
Bybit MUUSDT0.0000%8h1,040.7+0.060%$18.7M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,040.7+0.061%$30.0M$101.7M50xas long as short
RISEx MU/USDC0.0000%1h1,040.6+0.049%$316K$382K20xas long as short
Gate MU_USDT0.0000%8h1,040.3+0.022%$61.6M$28.6M75xas long as short
Variational Omni MU0.0000%8h1,041.3+0.125%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,040.9+0.087%$84K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,040.7+0.062%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,042+0.190%$11K$5.7M10xas long as short
HTX MU-USDT0.0000%8h1,040−0.008%$128K$442K50xas long as short
Deribit MU_USDC-PERPETUAL+0.0010%1h1,040.4+0.031%$74K$537K10xas long as short
Aftermath Perps MUUSD+0.0017%1h1,040.4+0.037%$3K$44K10xas long as short
Nado MU-PERP+0.0022%1h1,040.3+0.025%$277K$816K10xas long as short
QFEX MU-USD+0.0023%1h1,040.4+0.031%$7.0M$18.3M10xas long as short
Lighter RH MU+0.0032%1h1,040.4+0.036%$1.2M$4.6M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,039.7−0.031%$544K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.088%$19K$5K12xas long as short
Bullet MU-USD+0.0039%1h1,040.8+0.070%$26K$389K10xas long as short
Arcus MU-USD+0.0040%1h1,040.1+0.008%$70K$231K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,040.7+0.067%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,040.4+0.035%$177.0M$90.8M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,040.4+0.035%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,040.3+0.022%$683K$15K10xas long as short
Ondo Perps MU-USD.Plong+0.0050%1h1,040long leg$1.9M$2.5M10x
Paradex MU-USD-PERP+0.0053%8h1,040.5+0.045%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,040.1+0.010%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,040.1+0.004%$148K$189K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,040.2+0.019%$5.2M$3.8M20xas long as short
ApeX Omni MUUSDTshort+0.0100%1h1,040.9+0.086%$71K$269K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,040.6+0.050%$827$79920xas long as short
Lighter MU+0.0112%1h1,040.7+0.059%$1.1M$5.0M20xas long as short
BloFin MU-USDT+0.0120%8h1,040.9+0.083%$1.4M$2.1M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,036−0.391%$731K$1.3M10xas long as short
Phoenix MU+0.0231%1h1,041.2+0.112%$533K$270K15xas long as short