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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against Orderly+0.019%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MU_USDC_mythos1,048.10.0100pay 0.0100% / 8h7h 52m$833$79920x
ShortHTX MU-USDT1,048.30get 0.0000% / 8h7h 52m$130K$418K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.019% → 0.000%
$1.91
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$37.09
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 21 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 HTX live order book, 21 min ago1.72 bp9.4 bp −$99.4 bp −$9414.9 bp −$1,487doesn'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−0.0946%4h1,047−0.112%$1.3M$671K10xas long as short
Gate MU_USDT0.0000%8h1,048.1−0.005%$63.1M$28.3M75xas long as short
StandX MU-USD0.0000%1h1,047.7−0.045%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,050.1+0.184%$11K$6.3M10xas long as short
HTX MU-USDTshort0.0000%8h1,048.3+0.019%$130K$418K50x
Aftermath Perps MUUSD+0.0022%1h1,046.5−0.157%$3K$44K10xas long as short
Lighter MU+0.0032%1h1,048.5+0.037%$1.1M$4.7M20xas long as short
Lighter RH MU+0.0032%1h1,048.5+0.035%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.246%$14K$25112xas long as short
Vest MU-USD-PERP+0.0046%1h1,048.9+0.069%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,047.5−0.064%$2.0M$2.3M10xas long as short
QFEX MU-USD+0.0054%1h1,048.4+0.024%$7.8M$23.4M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0074%1h1,048.5+0.035%$62K$292K10xas long as short
Nado MU-PERP+0.0075%1h1,048.2+0.006%$272K$860K10xas long as short
OKX MU-USDT-SWAP+0.0088%8h1,048.6+0.048%$30.9M$101.6M50xas long as short
Pacifica MU+0.0100%1h1,048.5+0.034%$153K$180K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,047.7−0.038%$5.3M$3.7M20xas long as short
Orderly PERP_MU_USDC_mythoslong+0.0100%8h1,048.1long leg$833$79920x
Paradex MU-USD-PERP+0.0107%8h1,048.6+0.048%$2K5xas long as short
Aevo MU-PERP+0.0128%1h1,048.1−0.001%$32K$1K10xas long as short
Bitget MUUSDT+0.0160%8h1,048.5+0.037%$20.6M$41.5M50xas long as short
Variational Omni MU+0.0168%8h1,048.2+0.002%$2.7M$2.5Mas long as short
Aster MUUSD1+0.0180%8h1,047.9−0.020%$21.6M$47.8M20xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,048.4+0.030%$760K$1.3M10xas long as short
Binance MUUSDT+0.0187%8h1,048.7+0.051%$125.4M$524.9M50xas long as short
GRVT MU_USDT_Perp+0.0195%8h1,048−0.015%$82K$1.4M10xas long as short
Arcus MU-USD+0.0240%1h1,047.5−0.061%$71K$243K10xas long as short
BloFin MU-USDT+0.0307%8h1,048.6+0.044%$1.5M$2.0M20xas long as short
Bybit MUUSDT+0.0307%8h1,049+0.078%$19.2M$32.5M100xas long as short
RISEx MU/USDC+0.0312%1h1,048.4+0.024%$315K$339K20xas long as short
SoDEX MU-USD+0.0335%1h1,048.6+0.045%$688K$16K10xas long as short
Phoenix MU+0.0383%1h1,048.9+0.073%$536K$306K15xas long as short
ApeX Omni MUUSDT+0.0451%1h1,048.3+0.019%$71K$267K50xas long as short
Extended MU_24_5-USD+0.0600%1h1,047.7−0.039%$552K$1.0M10xas long as short
Polymarket Perps MU-USD+0.0625%1h1,048.4+0.026%$170K$202K10xas long as short
tradeXYZ xyz:MU+0.0862%1h1,048.4+0.026%$177.7M$100.4M10xas long as short
Bullet MU-USD+0.0874%1h1,048.4+0.027%$26K$394K10xas long as short