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+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.025%
Price spread now: ApeX Omni against Vest−0.048%62s7-day average −0.676% · 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 3 days (all we have)+0.027%+$3 on $10k
Price spread, last 3 days (all we have)+0.055%+$6 · spread now −0.048%, 7d avg −0.676%
Together, before fees+0.082%+ Points / potential airdropVest: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.628% dearer against Vest than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −0.676%. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest MU-USD-PERP1,046.10.0046pay 0.0006% / 1h15m 48s$194K25x
ShortApeX Omni MUUSDT1,045.60.0100get 0.0013% / 1h15m 48s$71K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Vest. 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
$11.41
Price spread: −0.048% → −0.676%
$62.82
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$62.22
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; ApeX Omni: live order book, 61 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 Vest no order-book sample
Sell ApeX Omni live order book, 61 min ago7.38 bp18.3 bp −$18192.0 bp −$1,920doesn't fitdoesn't fit
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%4h1,045.9−0.018%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,045.7−0.040%$63.0M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,045.5−0.056%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.5+0.137%$11K$6.5M10xas long as short
HTX MU-USDT0.0000%8h1,045.7−0.043%$129K$456K50xas long as short
Aftermath Perps MUUSD+0.0028%1h1,045.4−0.066%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,045.7−0.043%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.441%$14K$30212xas long as short
Vest MU-USD-PERPlong+0.0046%1h1,046.1long leg$194K25x
Polymarket Perps MU-USD+0.0050%1h1,045.5−0.057%$169K$193K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX MU-USD+0.0050%1h1,045.7−0.043%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,045−0.107%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0071%8h1,045.8−0.028%$30.8M$104.7M50xas long as short
Lighter MU+0.0072%1h1,045.5−0.055%$1.0M$4.9M20xas long as short
QFEX MU-USD+0.0080%1h1,045.8−0.025%$7.9M$23.9M10xas long as short
Pacifica MU+0.0100%1h1,045.4−0.068%$153K$183K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.6−0.046%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDTshort+0.0100%1h1,045.6−0.048%$71K$266K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.7−0.034%$831$79920xas long as short
Deribit MU_USDC-PERPETUAL+0.0104%1h1,045.6−0.046%$62K$282K10xas long as short
Paradex MU-USD-PERP+0.0107%8h1,045.8−0.029%$2K5xas long as short
Bullet MU-USD+0.0107%1h1,045.8−0.029%$25K$395K10xas long as short
Bitget MUUSDT+0.0117%8h1,045.8−0.028%$20.5M$43.5M50xas long as short
Aevo MU-PERP+0.0128%1h1,045.6−0.047%$33K10xas long as short
Nado MU-PERP+0.0156%1h1,045.4−0.067%$271K$875K10xas long as short
Aster MUUSD1+0.0165%8h1,046.3+0.016%$21.5M$47.3M20xas long as short
Variational Omni MU+0.0178%8h1,045.8−0.032%$2.7M$2.5Mas long as short
tradeXYZ xyz:MU+0.0185%1h1,045.5−0.057%$176.7M$104.6M10xas long as short
Binance MUUSDT+0.0188%8h1,045.7−0.035%$124.4M$532.0M50xas long as short
GRVT MU_USDT_Perp+0.0219%8h1,046.1+0.003%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,044.9−0.113%$757K$1.3M10xas long as short
Bybit MUUSDT+0.0262%8h1,045.9−0.016%$19.2M$32.4M100xas long as short
BloFin MU-USDT+0.0310%8h1,045.9−0.017%$1.5M$2.0M20xas long as short
Extended MU_24_5-USD+0.0360%1h1,045.2−0.091%$545K$1.1M10xas long as short
Phoenix MU+0.0460%1h1,045.6−0.048%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.7−0.035%$71K$244K10xas long as short
RISEx MU/USDC+0.0525%1h1,046.3+0.015%$317K$339K20xas long as short