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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against SunX−0.189%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$780.783% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.189%, 7d avg −0.146%
Together, before fees+0.116%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.042% cheaper against SunX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.146%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,039.70get 0.0000% / 8h37m 19s$11K$5.6M10x
ShortHTX MU-USDT1,037.70get 0.0000% / 8h37m 19s$127K$479K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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: −0.189% → −0.146%
−$4.22
Slippage, 4 orders
−$58.31
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$82.53
Costs to cover
0.783%
Break-even
never at this rate
Slippage from SunX: live order book, 11 min ago; HTX: live order book, 1 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 SunX live order book, 11 min ago21.58 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 1 min ago3.47 bp9.5 bp −$99.5 bp −$9516.7 bp −$1,674doesn'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−0.0435%4h1,037.9−0.168%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0182%8h1,038.1−0.150%$20.2M$40.1M50xas long as short
Aster MUUSD10.0000%8h1,038.5−0.116%$21.2M$65.4M20xas long as short
Binance MUUSDT0.0000%8h1,038.1−0.156%$122.1M$538.6M50xas long as short
Bybit MUUSDT0.0000%8h1,037.9−0.174%$18.7M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.9−0.171%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,038.2−0.143%$313K$385K20xas long as short
Gate MU_USDT0.0000%8h1,037.9−0.176%$61.4M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,038.9−0.075%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038−0.161%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.1−0.156%$188K$3.5M20xas long as short
SunX MU-USDTlong0.0000%8h1,039.7long leg$11K$5.6M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,037.7−0.189%$74K$606K10xas long as short
HTX MU-USDTshort0.0000%8h1,037.7−0.189%$127K$479K50x
Aftermath Perps MUUSD+0.0016%1h1,037.8−0.182%$3K$44K10xas long as short
Bullet MU-USD+0.0020%1h1,038−0.158%$25K$390K10xas long as short
Nado MU-PERP+0.0021%1h1,037.8−0.184%$279K$808K10xas long as short
QFEX MU-USD+0.0021%1h1,038−0.161%$7.0M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,038−0.160%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.6−0.197%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.122%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.2−0.148%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.5−0.209%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.2−0.141%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.9−0.172%$176.4M$82.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.7−0.191%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.9−0.170%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,038.3−0.135%$1.9M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,038.2−0.144%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,037.5−0.209%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,037.9−0.172%$725K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038−0.159%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.8−0.182%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.5−0.114%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.9−0.174%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038−0.162%$1.4M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.9−0.076%$531K$270K15xas long as short