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−0.0034%/8h= −3.8% APRnext payment $0.04 per $10,000 · paid last 24h +0.001%
Price spread now: Vest against QFEX+0.022%7-day average +0.688% · 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)+0.027%+$3 on $10k
Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.022%, 7d avg +0.688%
Together, before fees−0.006%+ Points / potential airdropVest: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.666% cheaper against QFEX than usual: you would sell low and buy high (−$67 if the spread goes back to its 7-day average of +0.688%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX MU-USD1,045.90.0080pay 0.0010% / 1h17m 20s$7.9M$23.9M10x
ShortVest MU-USD-PERP1,046.20.0046get 0.0006% / 1h17m 20s$194K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against QFEX. 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
−$7.21
Price spread: +0.022% → +0.688%
−$66.58
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$85.78
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 7 min ago; 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 QFEX live order book, 7 min ago0.96 bp6.1 bp −$66.5 bp −$6510.3 bp −$1,025doesn't fit
Sell Vest no order-book sample
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−0.0645%4h1,045.9−0.001%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,045.8−0.016%$63.0M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,045.3−0.065%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.7+0.165%$11K$6.5M10xas long as short
HTX MU-USDT0.0000%8h1,045.7−0.018%$129K$456K50xas long as short
Aftermath Perps MUUSD+0.0028%1h1,045.2−0.071%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,045.8−0.012%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.457%$14K$30212xas long as short
Vest MU-USD-PERPshort+0.0046%1h1,046.2+0.022%$194K25x
Polymarket Perps MU-USD+0.0050%1h1,045.6−0.032%$169K$193K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX MU-USD+0.0050%1h1,045.7−0.020%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,045−0.091%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0071%8h1,045.9−0.006%$30.8M$104.7M50xas long as short
Lighter MU+0.0072%1h1,045.9−0.004%$1.0M$4.9M20xas long as short
QFEX MU-USDlong+0.0080%1h1,045.9long leg$7.9M$23.9M10x
Pacifica MU+0.0100%1h1,045.6−0.033%$153K$183K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.7−0.022%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.6−0.032%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.8−0.015%$831$79920xas long as short
Deribit MU_USDC-PERPETUAL+0.0104%1h1,045.7−0.022%$62K$280K10xas long as short
Paradex MU-USD-PERP+0.0108%8h1,045.9−0.002%$2K5xas long as short
Bullet MU-USD+0.0110%1h1,046.1+0.016%$25K$395K10xas long as short
Bitget MUUSDT+0.0118%8h1,045.9−0.003%$20.5M$43.5M50xas long as short
Aevo MU-PERP+0.0128%1h1,045.7−0.025%$33K10xas long as short
Nado MU-PERP+0.0157%1h1,045.4−0.048%$271K$875K10xas long as short
Aster MUUSD1+0.0166%8h1,046.3+0.033%$21.5M$47.3M20xas long as short
Variational Omni MU+0.0178%8h1,045.7−0.023%$2.7M$2.5Mas long as short
tradeXYZ xyz:MU+0.0190%1h1,045.6−0.032%$176.7M$104.6M10xas long as short
Binance MUUSDT+0.0190%8h1,045.9−0.003%$124.4M$532.5M50xas long as short
GRVT MU_USDT_Perp+0.0219%8h1,046.1+0.019%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,044.9−0.097%$757K$1.3M10xas long as short
Bybit MUUSDT+0.0265%8h1,046.2+0.025%$19.2M$32.4M100xas long as short
BloFin MU-USDT+0.0309%8h1,046.1+0.019%$1.5M$2.0M20xas long as short
Extended MU_24_5-USD+0.0368%1h1,045.3−0.060%$541K$1.1M10xas long as short
Phoenix MU+0.0460%1h1,045.6−0.032%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.9−0.008%$71K$244K10xas long as short
RISEx MU/USDC+0.0525%1h1,046.3+0.036%$317K$339K20xas long as short