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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against Orderly+0.091%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Binance is 0.091% dearer against Orderly than usual: you sell high and buy low (spread +0.091% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MU_USDC_mythos1,030.80.0100pay 0.0100% / 8h7h 44m$820$79920x
ShortBinance MUUSDT1,031.80get 0.0000% / 8h7h 44m$121.5M$542.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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
−$21
Price spread: +0.091% → 0.000%
$9.12
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$27.88
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 14 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 Orderly no order-book sample
Sell Binance live order book, 14 min ago0.05 bp6.3 bp −$68.4 bp −$8421.3 bp −$2,131doesn't fit
Orderly: 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−0.0134%4h1,031.6+0.071%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0088%8h1,031.6+0.078%$19.8M$40.0M50xas long as short
Aster MUUSD10.0000%8h1,032.2+0.133%$21.1M$68.6M20xas long as short
Binance MUUSDTshort0.0000%8h1,031.8+0.091%$121.5M$542.7M50x
Bybit MUUSDT0.0000%8h1,031.9+0.100%$18.7M$32.1M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,031.5+0.061%$29.6M$100.9M50xas long as short
RISEx MU/USDC0.0000%1h1,031.1+0.021%$310K$380K20xas long as short
Gate MU_USDT0.0000%8h1,031.4+0.050%$61.9M$27.8M75xas long as short
Variational Omni MU0.0000%8h1,030.2−0.059%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,031.9+0.099%$72K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,030.1−0.073%$186K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,032.2+0.134%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,030.9+0.004%$119K$492K50xas long as short
Aftermath Perps MUUSD+0.0024%1h1,030.9+0.007%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,030.8−0.003%$6.9M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,030.8−0.003%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,031+0.013%$540K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.991%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,030.8−0.005%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,030.5−0.029%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,030.5−0.033%$167K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,030.6−0.026%$676K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,030.1−0.074%$1.9M$2.8M10xas long as short
Paradex MU-USD-PERP+0.0057%8h1,031.1+0.025%$2K5xas long as short
Lighter MU+0.0064%1h1,030.80.000%$990K$4.9M20xas long as short
tradeXYZ xyz:MU+0.0074%1h1,031.2+0.035%$174.5M$80.4M10xas long as short
Aevo MU-PERP+0.0080%1h1,030.4−0.039%$32K$1K10xas long as short
Nado MU-PERP+0.0090%1h1,030.7−0.011%$273K$806K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,030.1−0.070%$719K$1.1M10xas long as short
Bullet MU-USD+0.0099%1h1,030.8−0.004%$25K$390K10xas long as short
Pacifica MU+0.0100%1h1,030.9+0.003%$146K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,031.3+0.042%$5.1M$4.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,030−0.084%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythoslong+0.0100%8h1,030.8long leg$820$79920x
BloFin MU-USDT+0.0120%8h1,031.2+0.033%$1.5M$2.2M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0129%1h1,030.7−0.011%$73K$625K10xas long as short
Phoenix MU+0.0231%1h1,030.5−0.033%$527K$270K15xas long as short