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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.017%
Price spread now: GRVT against Vest−0.130%7-day average −0.603% · 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)+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.130%, 7d avg −0.603%
Together, before fees+0.187%+ Points / potential airdropVest: Active · GRVT: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.474% dearer against Vest than usual: you sell high and buy low (spread −0.130% now, against its 7-day average of −0.603%): +$47 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 35 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest MU-USD-PERP1,049.30.0046pay 0.0006% / 1h47m 27s$176K25x
ShortGRVT MU_USDT_Perp1,0480get 0.0000% / 8h3h 47m$82K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: −0.130% → −0.603%
$47.36
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$26.77
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; GRVT: 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 GRVT live order book, 1 min ago0.05 bp6.0 bp −$68.8 bp −$88doesn'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−0.0642%4h1,048−0.124%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,049.3−0.001%$21.3M$55.8M20xas long as short
Bybit MUUSDT0.0000%8h1,048.9−0.043%$19.0M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,048.9−0.043%$31.2M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,048.8−0.049%$339K$355K20xas long as short
Gate MU_USDT0.0000%8h1,048.6−0.069%$62.3M$27.6M75xas long as short
Bitget MUUSDT0.0000%8h1,048.8−0.052%$20.5M$41.3M50xas long as short
Variational Omni MU0.0000%8h1,049.1−0.027%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perpshort0.0000%8h1,048−0.130%$82K$1.4M10x
StandX MU-USD0.0000%1h1,047.9−0.142%$189K$3.4M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MU-USDT0.0000%8h1,049.4+0.001%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,048.3−0.097%$130K$430K50xas long as short
Binance MUUSDT+0.0003%8h1,048.7−0.060%$125.7M$517.5M50xas long as short
BloFin MU-USDT+0.0020%8h1,048−0.129%$1.5M$2.0M20xas long as short
Aftermath Perps MUUSD+0.0024%1h1,048.8−0.049%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,048.6−0.067%$7.1M$17.8M10xas long as short
Lighter MU+0.0032%1h1,048.6−0.067%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,048.8−0.053%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,048.1−0.122%$563K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.193%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,048.5−0.081%$71K$233K10xas long as short
Vest MU-USD-PERPlong+0.0046%1h1,049.3long leg$176K25x
tradeXYZ xyz:MU+0.0050%1h1,048.2−0.109%$177.8M$97.1M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,048.4−0.090%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,047.9−0.133%$688K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,047.7−0.159%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,048.9−0.044%$2K5xas long as short
Nado MU-PERP+0.0059%1h1,048.7−0.060%$282K$830K10xas long as short
Bullet MU-USD+0.0066%1h1,048.8−0.051%$26K$394K10xas long as short
Aevo MU-PERP+0.0080%1h1,048.1−0.114%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,048.8−0.050%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,048.4−0.090%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,047−0.219%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,048.3−0.100%$833$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,050+0.066%$757K$1.2M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0189%1h1,048.3−0.101%$73K$461K10xas long as short
Phoenix MU+0.0305%1h1,048.5−0.080%$536K$271K15xas long as short