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+0.0054%/8h= +5.9% APRpaid last 24h +0.016%
Price spread now: KuCoin against Vest−0.043%50s7-day average −0.677% · 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)+0.014%+$1 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.043%, 7d avg −0.677%
Together, before fees+0.034%+ Points / potential airdropVest: Active · farm board+$3 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 KuCoin is 0.634% dearer against Vest than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −0.677%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest MU-USD-PERP1,048.20.0046pay 0.0006% / 1h42m 39s$176K25x
ShortKuCoin MUUSDTM1,047.70.0100get 0.0100% / 8h3h 42m$5.3M$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.043% → −0.677%
$63.38
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$60.78
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago2.96 bp14.4 bp −$1426.5 bp −$265doesn'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−0.0933%4h1,048.6+0.042%$1.3M$673K10xas long as short
Aster MUUSD10.0000%8h1,048.2+0.003%$21.3M$56.2M20xas long as short
Binance MUUSDT0.0000%8h1,047.9−0.023%$125.4M$517.9M50xas long as short
Bybit MUUSDT0.0000%8h1,048.1−0.007%$19.0M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,047.9−0.023%$31.1M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,047.8−0.034%$338K$353K20xas long as short
Gate MU_USDT0.0000%8h1,047.7−0.045%$62.3M$27.7M75xas long as short
Bitget MUUSDT0.0000%8h1,047.9−0.028%$20.5M$41.3M50xas long as short
Variational Omni MU0.0000%8h1,048.6+0.037%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,048.5+0.029%$82K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,047.7−0.042%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,048.3+0.011%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,047.4−0.078%$130K$431K50xas long as short
Aftermath Perps MUUSD+0.0024%1h1,047.8−0.032%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,047.2−0.091%$7.1M$17.9M10xas long as short
Lighter MU+0.0032%1h1,047.7−0.042%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,047.7−0.048%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,047.2−0.096%$553K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.303%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,047.7−0.043%$71K$233K10xas long as short
BloFin MU-USDT+0.0041%8h1,047.6−0.058%$1.5M$2.0M20xas long as short
Vest MU-USD-PERPlong+0.0046%1h1,048.2long leg$176K25x
tradeXYZ xyz:MU+0.0050%1h1,047.4−0.074%$177.6M$97.5M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,047.4−0.074%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,047.6−0.055%$687K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,047.4−0.073%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,047.9−0.030%$2K5xas long as short
Nado MU-PERP+0.0055%1h1,047.1−0.098%$282K$830K10xas long as short
Bullet MU-USD+0.0065%1h1,047.8−0.038%$26K$395K10xas long as short
Aevo MU-PERP+0.0080%1h1,047.2−0.093%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,047.7−0.045%$148K$185K10xas long as short
KuCoin MUUSDTMshort+0.0100%8h1,047.7−0.043%$5.3M$3.4M20x
ApeX Omni MUUSDT+0.0100%1h1,048.3+0.010%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,047.7−0.049%$833$79920xas long as short
Deribit MU_USDC-PERPETUAL+0.0113%1h1,047.5−0.065%$73K$465K10xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,050+0.176%$757K$1.2M10xas long as short
Phoenix MU+0.0305%1h1,048.4+0.021%$536K$271K15xas long as short