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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Vest−0.153%7-day average −0.785% · 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)−0.018%−$2 on $10k
Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.153%, 7d avg −0.785%
Together, before fees+0.051%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.632% dearer against Vest than usual: you sell high and buy low, +$63 on $10k if it goes back to its 7-day average of −0.785%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest MU-USD-PERP1,049.20.0046pay 0.0006% / 1h52m 28s$194K25x
ShortOndo Perps MU-USD.P1,047.60.0050get 0.0006% / 1h52m 28s$2.0M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$0.99
Price spread: −0.153% → −0.785%
$63.18
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$57.17
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Ondo Perps: no order-book sample. 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 Ondo Perps no order-book sample
Vest and Ondo Perps: 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−0.0946%4h1,047−0.216%$1.3M$671K10xas long as short
Gate MU_USDT0.0000%8h1,048.4−0.081%$63.2M$28.4M75xas long as short
StandX MU-USD0.0000%1h1,047.4−0.170%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,050.1+0.080%$11K$6.3M10xas long as short
HTX MU-USDT0.0000%8h1,048.3−0.085%$130K$418K50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,046.8−0.234%$3K$44K10xas long as short
Lighter MU+0.0032%1h1,048.5−0.073%$1.1M$4.7M20xas long as short
Lighter RH MU+0.0032%1h1,048.5−0.072%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.142%$14K$25112xas long as short
Vest MU-USD-PERPlong+0.0046%1h1,049.2long leg$194K25x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.Pshort+0.0050%1h1,047.6−0.153%$2.0M$2.3M10x
QFEX MU-USD+0.0054%1h1,048.5−0.071%$7.8M$23.4M10xas long as short
Nado MU-PERP+0.0072%1h1,048.2−0.096%$272K$859K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0074%1h1,048.5−0.069%$62K$292K10xas long as short
OKX MU-USDT-SWAP+0.0088%8h1,048.8−0.037%$30.9M$101.5M50xas long as short
Pacifica MU+0.0100%1h1,048−0.113%$153K$180K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,048.1−0.103%$5.3M$3.7M20xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,048.1−0.104%$833$79920xas long as short
Paradex MU-USD-PERP+0.0106%8h1,048.6−0.057%$2K5xas long as short
Aevo MU-PERP+0.0128%1h1,048.1−0.105%$32K$1K10xas long as short
Variational Omni MU+0.0168%8h1,048.2−0.102%$2.7M$2.5Mas long as short
Bitget MUUSDT+0.0169%8h1,048.6−0.055%$20.6M$41.4M50xas long as short
Aster MUUSD1+0.0182%8h1,048.2−0.097%$21.6M$47.8M20xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,048.4−0.074%$760K$1.3M10xas long as short
Binance MUUSDT+0.0188%8h1,048.7−0.048%$125.7M$524.2M50xas long as short
GRVT MU_USDT_Perp+0.0195%8h1,048−0.119%$82K$1.4M10xas long as short
Arcus MU-USD+0.0240%1h1,047.7−0.150%$71K$243K10xas long as short
Bybit MUUSDT+0.0256%8h1,048.8−0.040%$19.2M$32.4M100xas long as short
BloFin MU-USDT+0.0307%8h1,048.6−0.060%$1.5M$2.0M20xas long as short
RISEx MU/USDC+0.0312%1h1,048.7−0.048%$315K$339K20xas long as short
SoDEX MU-USD+0.0335%1h1,048.6−0.059%$688K$16K10xas long as short
Phoenix MU+0.0383%1h1,048.9−0.030%$536K$306K15xas long as short
ApeX Omni MUUSDT+0.0451%1h1,048.3−0.085%$71K$267K50xas long as short
Polymarket Perps MU-USD+0.0517%1h1,048.6−0.059%$170K$202K10xas long as short
Extended MU_24_5-USD+0.0600%1h1,048.2−0.100%$552K$1.0M10xas long as short
Bullet MU-USD+0.0759%1h1,048.9−0.034%$26K$394K10xas long as short
tradeXYZ xyz:MU+0.0825%1h1,048.7−0.050%$178.5M$100.9M10xas long as short