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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Orderly−0.042%7-day average · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.042% cheaper against Orderly than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MU_USDC_mythos1,045.80.0100pay 0.0100% / 8h44m 40s$831$79920x
ShortKuCoin MUUSDTM1,045.30.0100get 0.0100% / 8h44m 40s$5.2M$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.042% → 0.000%
−$4.21
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$22.21
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago2.96 bp13.1 bp −$1337.4 bp −$374doesn't fitdoesn'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−0.0477%4h1,045.5−0.030%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,045.9+0.014%$63.0M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,045.1−0.065%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,048.4+0.250%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,045.8+0.006%$124K$446K50xas long as short
Lighter RH MU+0.0032%1h1,045.8+0.005%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.471%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0035%1h1,045.2−0.060%$3K$45K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.2+0.038%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.9+0.011%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,045.3−0.046%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0080%1h1,046+0.018%$7.9M$24.0M10xas long as short
OKX MU-USDT-SWAP+0.0080%8h1,046.1+0.031%$30.8M$105.3M50xas long as short
Pacifica MU+0.0100%1h1,046+0.022%$153K$182K10xas long as short
KuCoin MUUSDTMshort+0.0100%8h1,045.3−0.042%$5.2M$3.9M20x
ApeX Omni MUUSDT+0.0100%1h1,045.6−0.017%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythoslong+0.0100%8h1,045.8long leg$831$79920x
SoDEX MU-USD+0.0124%1h1,045.9+0.007%$686K$16K10xas long as short
Bitget MUUSDT+0.0136%8h1,046.1+0.031%$20.5M$43.6M50xas long as short
Aevo MU-PERP+0.0136%1h1,045.9+0.013%$33K10xas long as short
Paradex MU-USD-PERP+0.0154%8h1,046+0.025%$2K5xas long as short
Aster MUUSD1+0.0170%8h1,046.5+0.070%$21.6M$47.3M20xas long as short
Lighter MU+0.0184%1h1,045.8−0.002%$1.0M$4.8M20xas long as short
Variational Omni MU+0.0200%8h1,046.3+0.049%$2.6M$2.5Mas long as short
Binance MUUSDT+0.0212%8h1,046.2+0.037%$124.9M$533.2M50xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.5−0.029%$757K$1.4M10xas long as short
Bullet MU-USD+0.0247%1h1,046.2+0.040%$24K$396K10xas long as short
GRVT MU_USDT_Perp+0.0253%8h1,045.7−0.004%$77K$1.4M10xas long as short
Nado MU-PERP+0.0256%1h1,045.4−0.035%$270K$876K10xas long as short
Bybit MUUSDT+0.0285%8h1,046.4+0.055%$19.2M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0301%1h1,045.8+0.002%$176.7M$105.6M10xas long as short
BloFin MU-USDT+0.0332%8h1,046+0.024%$1.4M$2.0M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0353%1h1,046+0.017%$62K$259K10xas long as short
Phoenix MU+0.0460%1h1,046.6+0.078%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.8+0.001%$74K$240K10xas long as short
RISEx MU/USDC+0.0525%1h1,046.6+0.079%$317K$339K20xas long as short
Extended MU_24_5-USD+0.0712%1h1,045.2−0.057%$540K$1.1M10xas long as short