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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.013%
Price spread now: Orderly against Aster−0.041%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Orderly is 0.041% cheaper against Aster than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,052.30get 0.0000% / 8h4h 12m$21.4M$55.0M20x
ShortOrderly PERP_MU_USDC_mythos1,051.90.0100get 0.0100% / 8h4h 12m$836$79920x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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
$21
Price spread: −0.041% → 0.000%
−$4.09
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$2.91
Costs to cover
0.140%
Break-even
6.0 days
Slippage unknown: Aster: live order book, 2 min ago; Orderly: 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 Aster live order book, 2 min ago0.28 bp6.6 bp −$79.8 bp −$98doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0084%4h1,051.4−0.085%$1.3M$673K10xas long as short
Aster MUUSD1long0.0000%8h1,052.3long leg$21.4M$55.0M20x
OKX MU-USDT-SWAP0.0000%8h1,052.1−0.027%$31.2M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,052−0.028%$341K$354K20xas long as short
Gate MU_USDT0.0000%8h1,051.9−0.037%$62.3M$27.5M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,051.7−0.062%$81K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,051.5−0.080%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,052.1−0.019%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,051.6−0.067%$72K$443K10xas long as short
HTX MU-USDT0.0000%8h1,051.5−0.078%$131K$434K50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MU+0.0003%8h1,051.8−0.053%$2.7M$2.4Mas long as short
Bybit MUUSDT+0.0021%8h1,052.1−0.022%$19.1M$32.3M100xas long as short
Aftermath Perps MUUSD+0.0023%1h1,051.9−0.044%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,052−0.029%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.6−0.074%$566K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.092%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,051.7−0.062%$7.1M$17.8M10xas long as short
Binance MUUSDT+0.0039%8h1,052.2−0.013%$126.6M$516.5M50xas long as short
Arcus MU-USD+0.0040%1h1,051.6−0.071%$71K$234K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,053+0.067%$176K25xas long as short
Nado MU-PERP+0.0047%1h1,051.5−0.079%$282K$836K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,051.7−0.060%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,051.9−0.043%$690K$16K10xas long as short
Bullet MU-USD+0.0050%1h1,052−0.031%$26K$395K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051−0.123%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,051.9−0.038%$2K5xas long as short
Lighter MU+0.0056%1h1,052.1−0.027%$1.1M$5.1M20xas long as short
Bitget MUUSDT+0.0069%8h1,052.1−0.021%$20.5M$41.1M50xas long as short
tradeXYZ xyz:MU+0.0072%1h1,051.9−0.041%$178.8M$99.0M10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,052.9+0.053%$759K$1.2M10xas long as short
Aevo MU-PERP+0.0088%1h1,051.5−0.078%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,051.8−0.050%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,051.8−0.054%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051−0.125%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythosshort+0.0100%8h1,051.9−0.041%$836$79920x
BloFin MU-USDT+0.0161%8h1,051.9−0.043%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.5+0.016%$538K$271K15xas long as short