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−0.0350%/8h= −38.3% APRpaid last 24h −0.007%
Price spread now: edgeX against Bitget+0.025%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs+$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.677%+$68 on $10k
Price spread, last 7 days−0.097%−$10 · spread now +0.025%, 7d avg −0.044%
Together, before fees+0.580%+ Points / potential airdropedgeX: Active · farm board+$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.069% dearer against Bitget than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.044%): +$7 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 16 hours. Mind the row above: over the last 7 days funding on this pair paid +0.677%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUUSDT1,044.70get 0.0000% / 8h3h 17m$20.5M$41.6M50x
ShortedgeX MUUSDC1,044.9−0.0350pay 0.0175% / 4h3h 17m$1.3M$672K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
−$73.46
Price spread: +0.025% → −0.044%
$6.87
Slippage, 4 orders
−$2.13
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$89.72
Costs to cover
0.231%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; edgeX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago0.10 bp6.7 bp −$711.1 bp −$111doesn't fitdoesn't fit
Sell edgeX live order book, 1 min ago0.29 bp4.9 bp −$56.8 bp −$6828.4 bp −$2,843doesn't fit

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 MUUSDCshort−0.0350%4h1,044.9+0.025%$1.3M$672K10x
Aster MUUSD10.0000%8h1,044.70.000%$21.2M$56.6M20xas long as short
Binance MUUSDT0.0000%8h1,044.5−0.013%$124.0M$522.8M50xas long as short
Bybit MUUSDT0.0000%8h1,044.4−0.026%$18.7M$31.8M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,044.4−0.023%$30.9M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,044.4−0.030%$337K$353K20xas long as short
Gate MU_USDT0.0000%8h1,044.3−0.035%$61.9M$27.9M75xas long as short
Bitget MUUSDTlong0.0000%8h1,044.7long leg$20.5M$41.6M50x
Variational Omni MU0.0000%8h1,045.1+0.036%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,044.9+0.023%$79K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,043.7−0.090%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,045.7+0.093%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,043.2−0.142%$73K$480K10xas long as short
HTX MU-USDT0.0000%8h1,043−0.157%$130K$435K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,044.1−0.055%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,044.2−0.051%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,044.5−0.021%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,044.5−0.013%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,043.6−0.102%$548K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.639%$19K$5K12xas long as short
Nado MU-PERP+0.0035%1h1,043.3−0.134%$280K$828K10xas long as short
Bullet MU-USD+0.0039%1h1,043.3−0.130%$26K$392K10xas long as short
Arcus MU-USD+0.0040%1h1,043.8−0.083%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,043.9−0.077%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,044.2−0.046%$176.7M$95.3M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043−0.161%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.2−0.146%$685K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,044.5−0.019%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.2−0.139%$1.9M$2.2M10xas long as short
Aevo MU-PERP+0.0080%1h1,042.8−0.179%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,044.4−0.031%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,044.2−0.042%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.9−0.079%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.2−0.144%$829$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.8+0.007%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,044.2−0.045%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,044.9+0.021%$534K$271K15xas long as short