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−0.0167%/8h= −18.3% APRnext payment $1.67 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against Bybit+0.016%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$290.294% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 7 days+0.003%$0 · spread now +0.016%, 7d avg +0.007%
Together, before fees+0.050%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUUSDT1,038.50get 0.0000% / 8h1h 15m$18.7M$32.3M100x
ShortBitget MUUSDT1,038.7−0.0167pay 0.0167% / 8h1h 15m$20.2M$40.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
−$35.07
Price spread: +0.016% → +0.007%
$0.9
Slippage, 4 orders
−$6.45
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$63.62
Costs to cover
0.294%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 4 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 Bybit live order book, 4 min ago0.72 bp6.9 bp −$710.6 bp −$10626.8 bp −$2,675doesn't fit
Sell Bitget live order book, 4 min ago0.34 bp6.9 bp −$79.0 bp −$90doesn't fitdoesn'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−0.0331%4h1,039.1+0.058%$1.3M$673K10xas long as short
Bitget MUUSDTshort−0.0167%8h1,038.7+0.016%$20.2M$40.4M50x
Nado MU-PERP−0.0011%1h1,038.3−0.021%$279K$814K10xas long as short
Aster MUUSD10.0000%8h1,038.8+0.031%$21.1M$61.0M20xas long as short
Binance MUUSDT0.0000%8h1,038.6+0.003%$122.1M$538.7M50xas long as short
Bybit MUUSDTlong0.0000%8h1,038.5long leg$18.7M$32.3M100x
OKX MU-USDT-SWAP0.0000%8h1,038.4−0.008%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,038.5−0.003%$313K$387K20xas long as short
Gate MU_USDT0.0000%8h1,038.4−0.015%$61.6M$28.7M75xas long as short
Variational Omni MU0.0000%8h1,038.4−0.016%$2.5M$2.6Mas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MU_USDT_Perp0.0000%8h1,038.8+0.027%$84K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,038.4−0.009%$188K$3.5M20xas long as short
Bullet MU-USD0.0000%1h1,038.5−0.001%$26K$390K10xas long as short
SunX MU-USDT0.0000%8h1,039.8+0.118%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.2−0.030%$74K$573K10xas long as short
HTX MU-USDT0.0000%8h1,038.3−0.018%$128K$442K50xas long as short
Aftermath Perps MUUSD+0.0013%1h1,038.3−0.024%$3K$44K10xas long as short
Lighter MU+0.0032%1h1,038.6+0.010%$1.1M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,038.5−0.007%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,038−0.054%$537K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,038.3−0.019%$7.0M$18.7M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.236%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,038.2−0.029%$90K$250K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.8+0.023%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.3−0.021%$176.4M$86.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.1−0.040%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.5−0.007%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.9−0.061%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,038.5−0.002%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,038−0.052%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,038.4−0.008%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.2−0.032%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.8+0.030%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.3−0.017%$825$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,036−0.241%$731K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,038.6+0.007%$1.4M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,039.4+0.085%$532K$270K15xas long as short