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−0.0392%/8h= −42.9% APRnext payment $3.92 per $10,000 · paid last 24h −0.065%
Price spread now: HTX against BloFin+0.004%59s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.403%−$40 on $10k
Price spread, last 3 days (all we have)+0.049%+$5 · spread now +0.004%, 7d avg −0.014%
Together, before fees−0.354%−$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MU-USDT1,050.60.0392pay 0.0392% / 8h6h 59m$1.5M$2.0M20x
ShortHTX MU-USDT1,050.60get 0.0000% / 8h6h 59m$129K$424K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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
−$82.32
Price spread: +0.004% → −0.014%
$1.74
Slippage, 4 orders
−$9.77
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$114.35
Costs to cover
0.338%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; HTX: live order book, 9 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 BloFin live order book, 3 min ago0.33 bp6.3 bp −$67.0 bp −$70doesn't fitdoesn't fit
Sell HTX live order book, 9 min ago3.09 bp9.8 bp −$1011.0 bp −$11025.9 bp −$2,588doesn'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 MUUSDC−0.0387%4h1,050.6+0.003%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,050.5−0.010%$62.6M$27.2M75xas long as short
StandX MU-USD0.0000%1h1,050.1−0.045%$190K$3.3M20xas long as short
Bullet MU-USD0.0000%1h1,050.6+0.002%$26K$396K10xas long as short
SunX MU-USDT0.0000%8h1,051.7+0.108%$11K$6.1M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,050.4−0.017%$66K$315K10xas long as short
HTX MU-USDTshort0.0000%8h1,050.6+0.004%$129K$424K50x
Aftermath Perps MUUSD+0.0022%1h1,050.7+0.010%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,050.6−0.003%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.074%$19K$5K12xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MU+0.0040%1h1,050.7+0.013%$1.1M$4.7M20xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.5+0.087%$179K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,050.4−0.017%$178.4M$100.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050.2−0.036%$171K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,050.4−0.015%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.9−0.064%$1.9M$2.3M10xas long as short
QFEX MU-USD+0.0054%1h1,050.5−0.007%$7.6M$20.9M10xas long as short
Nado MU-PERP+0.0079%1h1,050.5−0.012%$275K$858K10xas long as short
Paradex MU-USD-PERP+0.0080%8h1,050.7+0.014%$2K5xas long as short
OKX MU-USDT-SWAP+0.0100%8h1,050.6+0.006%$30.9M$101.5M50xas long as short
Pacifica MU+0.0100%1h1,050.5−0.006%$149K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.9+0.034%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.5−0.006%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.60.000%$835$79920xas long as short
Bybit MUUSDT+0.0150%8h1,050.8+0.024%$19.4M$32.6M100xas long as short
Aevo MU-PERP+0.0152%1h1,050.4−0.013%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,050.5−0.010%$762K$1.2M10xas long as short
Extended MU_24_5-USD+0.0232%1h1,050.1−0.047%$559K$1.2M10xas long as short
Arcus MU-USD+0.0240%1h1,050.6+0.001%$71K$242K10xas long as short
Variational Omni MU+0.0260%8h1,050.4−0.021%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0268%8h1,051.1+0.052%$21.6M$48.7M20xas long as short
Binance MUUSDT+0.0272%8h1,050.6−0.002%$126.1M$522.2M50xas long as short
Phoenix MU+0.0383%1h1,050.9+0.030%$538K$273K15xas long as short
BloFin MU-USDTlong+0.0392%8h1,050.6long leg$1.5M$2.0M20x
Bitget MUUSDT+0.0406%8h1,050.6+0.003%$20.6M$41.6M50xas long as short
RISEx MU/USDC+0.0507%1h1,050.7+0.014%$316K$340K20xas long as short
GRVT MU_USDT_Perp+0.0549%8h1,050.6+0.006%$83K$1.3M10xas long as short