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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SunX against Ondo Perps+0.235%7-day average +0.251% · 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)−0.052%−$5 · spread now +0.235%, 7d avg +0.251%
Together, before fees−0.136%+ Points / potential airdropOndo Perps: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.251%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,037.50.0050pay 0.0006% / 1h36m 16s$1.8M$2.7M10x
ShortSunX MU-USDT1,039.90get 0.0000% / 8h36m 16s$11K$5.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.235% → +0.251%
−$1.62
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$25.21
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 12 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 SunX live order book, 12 min ago21.58 bp32.9 bp −$33doesn't fitdoesn'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−0.0435%4h1,037.9+0.045%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0179%8h1,038.2+0.067%$20.2M$40.1M50xas long as short
Aster MUUSD10.0000%8h1,038.3+0.081%$21.2M$65.5M20xas long as short
Binance MUUSDT0.0000%8h1,037.8+0.035%$122.1M$538.6M50xas long as short
Bybit MUUSDT0.0000%8h1,037.9+0.040%$18.7M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.6+0.011%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,038.2+0.072%$313K$385K20xas long as short
Gate MU_USDT0.0000%8h1,038.1+0.056%$61.5M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,038.9+0.139%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038+0.052%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038+0.055%$188K$3.5M20xas long as short
SunX MU-USDTshort0.0000%8h1,039.9+0.235%$11K$5.6M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.1+0.061%$74K$608K10xas long as short
HTX MU-USDT0.0000%8h1,037.8+0.035%$127K$479K50xas long as short
Aftermath Perps MUUSD+0.0016%1h1,037.9+0.044%$3K$44K10xas long as short
Bullet MU-USD+0.0017%1h1,038.1+0.062%$25K$390K10xas long as short
Nado MU-PERP+0.0020%1h1,037.9+0.038%$279K$808K10xas long as short
QFEX MU-USD+0.0021%1h1,038+0.052%$7.0M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,037.8+0.029%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.9+0.038%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.339%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,037.9+0.043%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.5+0.004%$90K$245K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.3+0.079%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.1+0.061%$176.5M$82.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038+0.051%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.9+0.037%$681K$15K10xas long as short
Ondo Perps MU-USD.Plong+0.0050%1h1,037.5long leg$1.8M$2.7M10x
Paradex MU-USD-PERP+0.0051%8h1,038+0.047%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,037.8+0.031%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,037.9+0.041%$725K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038+0.052%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.7+0.025%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.5+0.099%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.1+0.064%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038+0.052%$1.4M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.9+0.138%$531K$270K15xas long as short