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−0.0027%/8h= −3.0% APRnext payment $0.27 per $10,000 · paid last 24h +0.009%
Price spread now: Orderly against Bitget−0.008%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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUUSDT1,050.40.0127pay 0.0127% / 8h5h 28m$20.6M$41.1M50x
ShortOrderly PERP_MU_USDC_mythos1,050.30.0100get 0.0100% / 8h5h 28m$835$79920x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$5.67
Price spread: −0.008% → 0.000%
−$0.76
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$24.43
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago0.05 bp8.0 bp −$811.5 bp −$115doesn'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−0.0330%4h1,050.5+0.014%$1.3M$672K10xas long as short
Bybit MUUSDT0.0000%8h1,050.6+0.025%$19.1M$32.3M100xas long as short
RISEx MU/USDC0.0000%1h1,050.6+0.023%$333K$348K20xas long as short
Gate MU_USDT0.0000%8h1,050.2−0.013%$62.1M$27.5M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,051.1+0.072%$85K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,050.2−0.010%$190K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,051.9+0.150%$11K$5.9M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,050.1−0.021%$67K$373K10xas long as short
HTX MU-USDT0.0000%8h1,050.1−0.022%$129K$429K50xas long as short
Aftermath Perps MUUSD+0.0020%1h1,050.1−0.024%$3K$45K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MU-USDT-SWAP+0.0024%8h1,050.3−0.003%$31.0M$99.8M50xas long as short
QFEX MU-USD+0.0030%1h1,050.2−0.016%$7.2M$18.1M10xas long as short
Lighter RH MU+0.0032%1h1,050.2−0.013%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.096%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,050.3−0.003%$71K$235K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.3+0.091%$175K25xas long as short
Extended MU_24_5-USD+0.0048%1h1,049.8−0.049%$564K$1.1M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050.1−0.024%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,050.3−0.006%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.8−0.050%$1.9M$2.3M10xas long as short
Lighter MU+0.0056%1h1,050.3−0.003%$1.1M$4.9M20xas long as short
Paradex MU-USD-PERP+0.0056%8h1,050.4+0.004%$2K5xas long as short
Nado MU-PERP+0.0056%1h1,050−0.037%$282K$848K10xas long as short
tradeXYZ xyz:MU+0.0061%1h1,050.1−0.024%$178.1M$99.2M10xas long as short
Aster MUUSD1+0.0068%8h1,050.4+0.005%$21.4M$52.5M20xas long as short
Bullet MU-USD+0.0072%1h1,050.3−0.004%$25K$398K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,049.9−0.039%$756K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,050−0.033%$149K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.1−0.020%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.8+0.043%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythosshort+0.0100%8h1,050.3−0.008%$835$79920x
Variational Omni MU+0.0111%8h1,050.9+0.053%$2.7M$2.4Mas long as short
Aevo MU-PERP+0.0112%1h1,049.9−0.038%$32K$1K10xas long as short
Bitget MUUSDTlong+0.0127%8h1,050.4long leg$20.6M$41.1M50x
Binance MUUSDT+0.0134%8h1,050.3−0.004%$126.5M$518.8M50xas long as short
Phoenix MU+0.0229%1h1,050.6+0.024%$537K$271K15xas long as short
BloFin MU-USDT+0.0255%8h1,050.6+0.028%$1.5M$2.0M20xas long as short