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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: HTX against Ondo Perps+0.176%7-day average +0.106% · 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−0.083%−$8 on $10k
Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.176%, 7d avg +0.106%
Together, before fees−0.180%+ Points / potential airdropOndo Perps: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.070% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.176% now, against its 7-day average of +0.106%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,043.20.0050pay 0.0006% / 1h16m 06s$1.9M$2.2M10x
ShortHTX MU-USDT1,045.10get 0.0000% / 8h3h 16m$130K$435K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$10.58
Price spread: +0.176% → +0.106%
$7.01
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$20.58
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; HTX: live order book, 37 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 HTX live order book, 37 min ago2.81 bp9.2 bp −$99.2 bp −$9214.0 bp −$1,402doesn'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−0.0350%4h1,044.9+0.164%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,045.2+0.187%$21.2M$56.6M20xas long as short
Binance MUUSDT0.0000%8h1,044.9+0.161%$124.0M$523.1M50xas long as short
Bybit MUUSDT0.0000%8h1,045.2+0.191%$18.7M$31.8M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,044.9+0.155%$30.9M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,045.5+0.213%$337K$353K20xas long as short
Gate MU_USDT0.0000%8h1,044.9+0.164%$62.0M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,045.3+0.196%$20.5M$41.6M50xas long as short
Variational Omni MU0.0000%8h1,045.1+0.175%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,044.9+0.162%$79K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,044.2+0.097%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,047.5+0.407%$11K$5.8M10xas long as short
HTX MU-USDTshort0.0000%8h1,045.1+0.176%$130K$435K50x
Deribit MU_USDC-PERPETUAL+0.0008%1h1,045+0.171%$73K$481K10xas long as short
Aftermath Perps MUUSD+0.0022%1h1,044.5+0.118%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,045.2+0.187%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,045.1+0.175%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,044.8+0.149%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,044.5+0.122%$548K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.779%$19K$5K12xas long as short
Nado MU-PERP+0.0034%1h1,044.8+0.151%$282K$829K10xas long as short
Arcus MU-USD+0.0040%1h1,044.1+0.087%$70K$232K10xas long as short
Bullet MU-USD+0.0040%1h1,045.4+0.203%$26K$392K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,045.6+0.229%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,044.9+0.160%$176.8M$95.3M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045+0.170%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,044.9+0.163%$686K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,045.6+0.224%$2K5xas long as short
Ondo Perps MU-USD.Plong+0.0050%1h1,043.2long leg$1.9M$2.2M10x
Aevo MU-PERP+0.0080%1h1,044.8+0.150%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,045.1+0.175%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,044.7+0.140%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.9+0.059%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.9+0.160%$831$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.6+0.131%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,045.3+0.197%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,044.2+0.093%$534K$271K15xas long as short