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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%
Price spread now: OKX against Pacifica+0.025%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.025%, 7d avg +0.028%
Together, before fees−0.025%+ Points / potential airdropPacifica: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MU1,033.20.0100pay 0.0013% / 1h1m 42s$146K$214K10x
ShortOKX MU-USDT-SWAP1,033.50get 0.0000% / 8h7h 01m$29.1M$104.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Pacifica. 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: +0.025% → +0.028%
−$0.27
Slippage, 4 orders
−$12.23
Fee Pacifica: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$51.5
Costs to cover
0.302%
Break-even
never at this rate
Slippage from Pacifica: live order book, 31 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 31 min ago3.95 bp9.0 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.05 bp6.7 bp −$78.5 bp −$8525.6 bp −$2,559doesn't fit

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−0.0053%4h1,033.2−0.005%$1.3M$695K10xas long as short
Aster MUUSD10.0000%8h1,033.4+0.018%$21.1M$69.5M20xas long as short
Binance MUUSDT0.0000%8h1,033.2−0.002%$121.6M$550.6M50xas long as short
OKX MU-USDT-SWAPshort0.0000%8h1,033.5+0.025%$29.1M$104.4M50x
RISEx MU/USDC0.0000%1h1,032.8−0.045%$294K$375K20xas long as short
Gate MU_USDT0.0000%8h1,032.8−0.038%$61.6M$28.8M75xas long as short
Bitget MUUSDT0.0000%8h1,033.3+0.010%$19.6M$41.7M50xas long as short
Variational Omni MU0.0000%8h1,032.5−0.072%$2.5M$2.6Mas long as short
StandX MU-USD0.0000%1h1,032.1−0.105%$187K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,033.8+0.056%$11K$5.3M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,032.6−0.066%$119K$493K50xas long as short
QFEX MU-USD+0.0027%1h1,032.9−0.034%$7.0M$19.0M10xas long as short
Aftermath Perps MUUSD+0.0029%1h1,032.1−0.106%$3K$43K10xas long as short
Lighter RH MU+0.0032%1h1,033−0.021%$1.1M$4.6M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.755%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,032.9−0.033%$90K$234K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,033.1−0.014%$179K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,032.3−0.090%$167K$177K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,032.1−0.114%$1.9M$3.2M10xas long as short
Aevo MU-PERP+0.0080%1h1,032.2−0.103%$32K$1K10xas long as short
Paradex MU-USD-PERP+0.0088%8h1,033−0.020%$2K5xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,030.9−0.223%$720K$1.1M10xas long as short
Pacifica MUlong+0.0100%1h1,033.2long leg$146K$214K10x
KuCoin MUUSDTM+0.0100%8h1,032.3−0.091%$5.1M$5.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,033.2−0.007%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,032.7−0.051%$821$79920xas long as short
Nado MU-PERP+0.0116%1h1,032.2−0.101%$264K$811K10xas long as short
BloFin MU-USDT+0.0120%8h1,033.1−0.017%$1.4M$2.3M20xas long as short
SoDEX MU-USD+0.0124%1h1,032.4−0.076%$678K$15K10xas long as short
Bybit MUUSDT+0.0126%8h1,033.2+0.001%$18.7M$32.5M100xas long as short
tradeXYZ xyz:MU+0.0130%1h1,032.9−0.032%$174.9M$78.3M10xas long as short
Lighter MU+0.0144%1h1,033.2−0.002%$997K$5.1M20xas long as short
Bullet MU-USD+0.0180%1h1,032.7−0.054%$26K$388K10xas long as short
Extended MU_24_5-USD+0.0216%1h1,032−0.119%$542K$1.1M10xas long as short
Phoenix MU+0.0231%1h1,033.2−0.003%$529K$270K15xas long as short
GRVT MU_USDT_Perp+0.0373%8h1,033.3+0.008%$81K$1.4M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0399%1h1,032.5−0.074%$72K$635K10xas long as short