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 0.000%
Price spread now: SoDEX against Ondo Perps+0.045%7-day average +0.089% · 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 3 days (all we have)+0.035%+$4 on $10k
Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.045%, 7d avg +0.089%
Together, before fees+0.040%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.044% cheaper against Ondo Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,037.60.0050pay 0.0006% / 1h4m 47s$1.9M$2.7M10x
ShortSoDEX MU-USD1,038.10.0050get 0.0006% / 1h4m 47s$681K$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$0.08
Price spread: +0.045% → +0.089%
−$4.35
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$17.44
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SoDEX: live order book, 34 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 SoDEX live order book, 34 min ago0.05 bp11.9 bp −$1239.7 bp −$397doesn'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−0.0555%4h1,038.3+0.067%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0137%8h1,038.5+0.089%$20.2M$39.9M50xas long as short
Aster MUUSD10.0000%8h1,038.5+0.085%$21.2M$67.7M20xas long as short
Binance MUUSDT0.0000%8h1,038.3+0.067%$122.5M$536.8M50xas long as short
Bybit MUUSDT0.0000%8h1,038.5+0.085%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.2+0.056%$29.8M$100.0M50xas long as short
RISEx MU/USDC0.0000%1h1,038.5+0.087%$312K$385K20xas long as short
Gate MU_USDT0.0000%8h1,038.2+0.055%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,038.3+0.069%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.4+0.083%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.4+0.080%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.7+0.205%$11K$5.5M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.1+0.047%$74K$621K10xas long as short
HTX MU-USDT0.0000%8h1,038.3+0.067%$126K$481K50xas long as short
Bullet MU-USD+0.0007%1h1,038.5+0.089%$25K$388K10xas long as short
Nado MU-PERP+0.0018%1h1,038.1+0.051%$280K$804K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,038.4+0.075%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.3+0.066%$7.0M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,038.2+0.057%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.60.000%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.328%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.3+0.067%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.8+0.021%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.4+0.081%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038+0.040%$176.3M$80.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.2+0.060%$168K$177K10xas long as short
SoDEX MU-USDshort+0.0050%1h1,038.1+0.045%$681K$15K10x
Paradex MU-USD-PERP+0.0050%8h1,038.1+0.052%$2K5xas long as short
Ondo Perps MU-USD.Plong+0.0050%1h1,037.6long leg$1.9M$2.7M10x
Aevo MU-PERP+0.0080%1h1,037.9+0.028%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3+0.073%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,037.8+0.024%$144K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038+0.040%$5.2M$4.2M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.5+0.087%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.3+0.067%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.3+0.069%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.7+0.108%$531K$270K15xas long as short