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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h −0.019%
Price spread now: Vest against Ondo Perps+0.084%50s7-day average +0.785% · 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)+0.018%+$2 on $10k
Price spread, last 3 days (all we have)+0.001%$0 · spread now +0.084%, 7d avg +0.785%
Together, before fees+0.018%+ Points / potential airdropOndo Perps: Active · Vest: Active · farm board+$2 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: Vest is 0.701% cheaper against Ondo Perps than usual: you would sell low and buy high, −$70 on $10k if it goes back to its 7-day average of +0.785%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,045.30.0050pay 0.0006% / 1h44m 33s$2.0M$2.7M10x
ShortVest MU-USD-PERP1,046.20.0046get 0.0006% / 1h44m 33s$194K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$0.99
Price spread: +0.084% → +0.785%
−$70.1
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$78.1
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Vest: no order-book sample. 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 Vest no order-book sample
Ondo Perps and Vest: 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−0.0477%4h1,045.5+0.016%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,045.9+0.060%$63.0M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,045.1−0.019%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,048.4+0.296%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,045.8+0.052%$124K$446K50xas long as short
Lighter RH MU+0.0032%1h1,045.8+0.051%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.518%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0035%1h1,045.2−0.014%$3K$45K10xas long as short
Vest MU-USD-PERPshort+0.0046%1h1,046.2+0.084%$194K25x
Polymarket Perps MU-USD+0.0050%1h1,045.9+0.057%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.Plong+0.0050%1h1,045.3long leg$2.0M$2.7M10x
QFEX MU-USD+0.0080%1h1,046+0.064%$7.9M$24.0M10xas long as short
OKX MU-USDT-SWAP+0.0080%8h1,046.1+0.077%$30.8M$105.3M50xas long as short
Pacifica MU+0.0100%1h1,046+0.068%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.3+0.004%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.6+0.029%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.8+0.046%$831$79920xas long as short
SoDEX MU-USD+0.0124%1h1,045.9+0.053%$686K$16K10xas long as short
Bitget MUUSDT+0.0136%8h1,046.1+0.077%$20.5M$43.6M50xas long as short
Aevo MU-PERP+0.0136%1h1,045.9+0.059%$33K10xas long as short
Paradex MU-USD-PERP+0.0154%8h1,046+0.071%$2K5xas long as short
Aster MUUSD1+0.0170%8h1,046.5+0.116%$21.6M$47.3M20xas long as short
Lighter MU+0.0184%1h1,045.8+0.044%$1.0M$4.8M20xas long as short
Variational Omni MU+0.0200%8h1,046.3+0.095%$2.6M$2.5Mas long as short
Binance MUUSDT+0.0212%8h1,046.2+0.083%$124.9M$533.2M50xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.5+0.017%$757K$1.4M10xas long as short
Bullet MU-USD+0.0247%1h1,046.2+0.086%$24K$396K10xas long as short
GRVT MU_USDT_Perp+0.0253%8h1,045.7+0.042%$77K$1.4M10xas long as short
Nado MU-PERP+0.0256%1h1,045.4+0.011%$270K$876K10xas long as short
Bybit MUUSDT+0.0285%8h1,046.4+0.100%$19.2M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0301%1h1,045.8+0.048%$176.7M$105.6M10xas long as short
BloFin MU-USDT+0.0332%8h1,046+0.070%$1.4M$2.0M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0353%1h1,046+0.063%$62K$259K10xas long as short
Phoenix MU+0.0460%1h1,046.6+0.124%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.8+0.047%$74K$240K10xas long as short
RISEx MU/USDC+0.0525%1h1,046.6+0.125%$317K$339K20xas long as short
Extended MU_24_5-USD+0.0712%1h1,045.2−0.012%$540K$1.1M10xas long as short