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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: Gate against Vest−0.037%49s7-day average −0.664% · 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)−0.046%−$5 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.037%, 7d avg −0.664%
Together, before fees−0.005%+ Points / potential airdropVest: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.627% dearer against Vest than usual: you sell high and buy low (spread −0.037% now, against its 7-day average of −0.664%): +$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. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest MU-USD-PERP1,044.20.0046pay 0.0006% / 1h50m 32s$176K25x
ShortGate MU_USDT1,043.80get 0.0000% / 8h2h 50m$62.0M$27.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.037% → −0.664%
$62.71
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$36.11
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Gate: 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 Gate live order book, 3 min ago0.86 bp8.8 bp −$914.9 bp −$14931.9 bp −$3,18958.2 bp −$29.1K
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−0.0859%4h1,043−0.115%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,044.3+0.006%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,044−0.024%$123.1M$526.3M50xas long as short
Bybit MUUSDT0.0000%8h1,044.1−0.016%$18.6M$32.1M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,043.9−0.028%$30.5M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,044.2−0.006%$337K$354K20xas long as short
Gate MU_USDTshort0.0000%8h1,043.8−0.037%$62.0M$27.9M75x
Bitget MUUSDT0.0000%8h1,043.9−0.029%$20.5M$41.1M50xas long as short
Variational Omni MU0.0000%8h1,043.4−0.077%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,043.5−0.070%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,043.6−0.058%$189K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,045.5+0.123%$11K$5.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,043.6−0.057%$73K$501K10xas long as short
HTX MU-USDT0.0000%8h1,043.3−0.088%$128K$440K50xas long as short
Nado MU-PERP+0.0018%1h1,043.3−0.088%$281K$821K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,042.2−0.192%$3K$44K10xas long as short
QFEX MU-USD+0.0023%1h1,043.8−0.039%$7.0M$18.0M10xas long as short
Lighter RH MU+0.0032%1h1,043.8−0.037%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,043.3−0.088%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.684%$19K$5K12xas long as short
Bullet MU-USD+0.0034%1h1,043.6−0.059%$26K$392K10xas long as short
Arcus MU-USD+0.0040%1h1,042.9−0.130%$70K$232K10xas long as short
Vest MU-USD-PERPlong+0.0046%1h1,044.2long leg$176K25x
tradeXYZ xyz:MU+0.0050%1h1,043.7−0.050%$177.4M$93.5M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.5−0.069%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.3−0.087%$685K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.1−0.103%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,043.9−0.030%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,043.2−0.102%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,043.9−0.033%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.6−0.058%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.1−0.103%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.7−0.055%$830$79920xas long as short
BloFin MU-USDT+0.0120%8h1,043.6−0.059%$1.5M$2.0M20xas long as short
Lighter MU+0.0128%1h1,044.2−0.002%$1.1M$4.9M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,043.3−0.086%$745K$1.2M10xas long as short
Phoenix MU+0.0231%1h1,043−0.117%$534K$270K15xas long as short