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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0133%/8h= −14.5% APRpaid last 24h +0.002%
Price spread now: Ondo Perps against Binance−0.096%7-day average −0.105% · 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 7 days−0.089%−$9 on $10k
Price spread, last 2 days (all we have)−0.053%−$5 · spread now −0.096%, 7d avg −0.105%
Together, before fees−0.142%+ Points / potential airdropOndo Perps: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.105%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUSDT1,045.50.0183pay 0.0183% / 8h12m 37s$124.3M$530.9M50x
ShortOndo Perps MU-USD.P1,044.50.0050get 0.0006% / 1h12m 37s$2.0M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Binance. 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
−$27.86
Price spread: −0.096% → −0.105%
$0.97
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$41.89
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 16 min ago; 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 Binance live order book, 16 min ago0.05 bp5.2 bp −$55.9 bp −$5913.3 bp −$1,327doesn't fit
Sell Ondo Perps no order-book sample
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−0.0712%4h1,045.6+0.012%$1.3M$674K10xas long as short
Gate MU_USDT0.0000%8h1,045.4−0.013%$63.0M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,044.9−0.063%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,046.9+0.133%$11K$6.5M10xas long as short
HTX MU-USDT0.0000%8h1,044.9−0.056%$129K$456K50xas long as short
Aftermath Perps MUUSD+0.0027%1h1,045−0.051%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,045.2−0.028%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.497%$14K$30212xas long as short
Vest MU-USD-PERP+0.0046%1h1,045.4−0.013%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,044.7−0.077%$169K$191K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX MU-USD+0.0050%1h1,045.2−0.034%$686K$16K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,044.5−0.096%$2.0M$2.7M10x
Lighter MU+0.0064%1h1,045.3−0.025%$1.1M$5.0M20xas long as short
OKX MU-USDT-SWAP+0.0069%8h1,045.4−0.011%$30.8M$104.4M50xas long as short
QFEX MU-USD+0.0080%1h1,045.3−0.016%$7.9M$23.9M10xas long as short
Bullet MU-USD+0.0099%1h1,045.1−0.035%$25K$394K10xas long as short
Pacifica MU+0.0100%1h1,045.4−0.008%$153K$183K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.1−0.044%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.4−0.011%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.3−0.024%$831$79920xas long as short
Paradex MU-USD-PERP+0.0102%8h1,045.4−0.007%$2K5xas long as short
Bitget MUUSDT+0.0113%8h1,045.5+0.001%$20.4M$43.5M50xas long as short
Aevo MU-PERP+0.0128%1h1,044.9−0.055%$33K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0142%1h1,045.2−0.033%$62K$284K10xas long as short
Nado MU-PERP+0.0149%1h1,044.9−0.058%$272K$875K10xas long as short
Aster MUUSD1+0.0161%8h1,045.6+0.012%$21.5M$47.3M20xas long as short
Variational Omni MU+0.0178%8h1,045.8+0.024%$2.7M$2.5Mas long as short
tradeXYZ xyz:MU+0.0178%1h1,045.1−0.039%$177.1M$104.9M10xas long as short
Binance MUUSDTlong+0.0183%8h1,045.5long leg$124.3M$530.9M50x
GRVT MU_USDT_Perp+0.0218%8h1,045.9+0.035%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,044.9−0.056%$757K$1.3M10xas long as short
Bybit MUUSDT+0.0258%8h1,045.6+0.005%$19.2M$32.4M100xas long as short
Extended MU_24_5-USD+0.0304%1h1,044.7−0.074%$546K$1.1M10xas long as short
BloFin MU-USDT+0.0306%8h1,045.4−0.009%$1.5M$2.0M20xas long as short
Phoenix MU+0.0460%1h1,046+0.047%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.3−0.019%$70K$244K10xas long as short
RISEx MU/USDC+0.0525%1h1,045.8+0.026%$316K$339K20xas long as short