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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0196%/8h= +21.5% APRpaid last 24h +0.008%
Price spread now: Bitget against Vest−0.134%51s7-day average −0.655% · 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)−0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.261%+$26 · spread now −0.134%, 7d avg −0.655%
Together, before fees+0.256%+ Points / potential airdropVest: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.521% dearer against Vest than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of −0.655%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.005% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest MU-USD-PERP1,051.10.0046pay 0.0006% / 1h20m 38s$177K25x
ShortBitget MUUSDT1,049.70.0242get 0.0242% / 8h6h 20m$20.6M$42.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$41.23
Price spread: −0.134% → −0.655%
$52.13
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Bitget: 6 bp × 2 orders
−$12
Net
$79.36
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago0.43 bp7.6 bp −$89.3 bp −$93doesn'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 36 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−0.0272%4h1,050.6−0.053%$1.3M$671K10xas long as short
Nado MU-PERP−0.0007%1h1,050.4−0.067%$277K$855K10xas long as short
Bybit MUUSDT0.0000%8h1,050.1−0.100%$19.2M$32.6M100xas long as short
Gate MU_USDT0.0000%8h1,049.7−0.135%$62.0M$27.7M75xas long as short
StandX MU-USD0.0000%1h1,050.4−0.068%$190K$3.4M20xas long as short
Bullet MU-USD0.0000%1h1,050.1−0.099%$24K$395K10xas long as short
SunX MU-USDT0.0000%8h1,051.10.000%$11K$6.0M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,049.5−0.159%$66K$338K10xas long as short
HTX MU-USDT0.0000%8h1,049.9−0.118%$129K$425K50xas long as short
Aftermath Perps MUUSD+0.0018%1h1,050−0.111%$3K$45K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MU+0.0032%1h1,049.8−0.124%$1.1M$4.8M20xas long as short
Lighter RH MU+0.0032%1h1,049.8−0.131%$1.1M$4.2M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,049.3−0.177%$567K$1.1M10xas long as short
QFEX MU-USD+0.0040%1h1,050−0.108%$7.4M$19.5M10xas long as short
Arcus MU-USD+0.0040%1h1,049.9−0.118%$71K$236K10xas long as short
Vest MU-USD-PERPlong+0.0046%1h1,051.1long leg$177K25x
tradeXYZ xyz:MU+0.0050%1h1,049.5−0.155%$178.1M$99.6M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,049.7−0.136%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,049.8−0.123%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049−0.207%$1.9M$2.3M10xas long as short
OKX MU-USDT-SWAP+0.0054%8h1,049.7−0.133%$30.8M$100.5M50xas long as short
Paradex MU-USD-PERP+0.0062%8h1,049.7−0.132%$2K5xas long as short
GRVT MU_USDT_Perp+0.0085%8h1,050.7−0.037%$81K$1.3M10xas long as short
Pacifica MU+0.0100%1h1,049.8−0.128%$148K$187K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,049.7−0.133%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.9−0.018%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,049.8−0.125%$835$79920xas long as short
Injective MU/USDC PERP+0.0107%1h1,051.4+0.022%$19K$5K12xas long as short
Aevo MU-PERP+0.0128%1h1,049.7−0.135%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0128%1h1,050.3−0.081%$757K$1.2M10xas long as short
Aster MUUSD1+0.0164%8h1,049.9−0.113%$21.6M$51.5M20xas long as short
Variational Omni MU+0.0181%8h1,049.8−0.131%$2.7M$2.4Mas long as short
Binance MUUSDT+0.0199%8h1,049.8−0.129%$126.5M$523.6M50xas long as short
Bitget MUUSDTshort+0.0242%8h1,049.7−0.134%$20.6M$42.0M50x
Phoenix MU+0.0304%1h1,050.3−0.079%$537K$273K15xas long as short
RISEx MU/USDC+0.0507%1h1,050−0.107%$334K$348K20xas long as short