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−0.0046%/8h= −5.0% APRpaid last 24h +0.003%
Price spread now: Aster against Vest+0.028%47s7-day average −0.600% · 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 4 days (all we have)−0.019%−$2 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.028%, 7d avg −0.600%
Together, before fees−0.006%+ Points / potential airdropVest: Active · Aster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.628% dearer against Vest than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.600%): +$63 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 46 days. At the pace of the last 4 days (−0.019% in total) that is about 4 months. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest MU-USD-PERP1,030.40.0046pay 0.0006% / 1h47m 40s$177K25x
ShortAster MUUSD11,030.70get 0.0000% / 8h7h 47m$21.1M$68.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$9.59
Price spread: +0.028% → −0.600%
$62.82
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Aster: 4 bp × 2 orders
−$8
Net
$43.22
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Aster: live order book, 1 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 Aster live order book, 1 min ago0.58 bp4.6 bp −$58.1 bp −$81doesn'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−0.0378%4h1,032+0.151%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0095%8h1,030.6+0.021%$19.9M$40.0M50xas long as short
Aster MUUSD1short0.0000%8h1,030.7+0.028%$21.1M$68.5M20x
Binance MUUSDT0.0000%8h1,030.5+0.012%$121.4M$541.6M50xas long as short
Bybit MUUSDT0.0000%8h1,030.8+0.039%$18.6M$32.1M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,030.5+0.006%$29.6M$100.7M50xas long as short
RISEx MU/USDC0.0000%1h1,030.6+0.019%$310K$380K20xas long as short
Gate MU_USDT0.0000%8h1,030.2−0.016%$61.9M$27.8M75xas long as short
Variational Omni MU0.0000%8h1,032.2+0.176%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,032.4+0.196%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,031.2+0.077%$186K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,031.7+0.125%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,030.40.000%$119K$493K50xas long as short
Aftermath Perps MUUSD+0.0024%1h1,032+0.159%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,030.40.000%$6.9M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,030.5+0.006%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,029.8−0.062%$550K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.033%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,030−0.036%$89K$244K10xas long as short
Vest MU-USD-PERPlong+0.0046%1h1,030.4long leg$177K25x
Lighter MU+0.0048%1h1,030.7+0.023%$994K$4.9M20xas long as short
Polymarket Perps MU-USD+0.0050%1h1,029.8−0.059%$167K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,030.4+0.003%$676K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,030.2−0.018%$1.9M$2.8M10xas long as short
tradeXYZ xyz:MU+0.0054%1h1,030.5+0.009%$174.6M$80.1M10xas long as short
Paradex MU-USD-PERP+0.0055%8h1,030.6+0.019%$2K5xas long as short
Bullet MU-USD+0.0073%1h1,030.8+0.036%$25K$390K10xas long as short
Aevo MU-PERP+0.0080%1h1,030.4−0.004%$32K$1K10xas long as short
Nado MU-PERP+0.0082%1h1,030.1−0.032%$272K$806K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,032+0.150%$721K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,030.6+0.021%$146K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,030.2−0.022%$5.1M$4.3M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,032.6+0.211%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,030.2−0.021%$819$79920xas long as short
BloFin MU-USDT+0.0120%8h1,032.1+0.163%$1.5M$2.2M20xas long as short
Phoenix MU+0.0231%1h1,030.5+0.009%$527K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0449%1h1,030.7+0.023%$73K$624K10xas long as short