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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: SunX against Bybit+0.199%7-day average +0.142% · you sell dearer than you buy
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−0.120%−$12 on $10k
Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.199%, 7d avg +0.142%
Together, before fees−0.217%−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.057% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.142%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUUSDT1,037.60get 0.0000% / 8h33m 11s$18.7M$32.3M100x
ShortSunX MU-USDT1,039.70get 0.0000% / 8h33m 11s$11K$5.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.199% → +0.142%
$5.68
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$13.32
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; SunX: live order book, 6 min ago. 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 Bybit live order book, 1 min ago0.67 bp6.9 bp −$711.0 bp −$11032.6 bp −$3,260doesn't fit
Sell SunX live order book, 6 min ago500.05 bpdoesn't fitdoesn't fitdoesn'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−0.0248%4h1,037.9+0.034%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0178%8h1,038+0.038%$20.2M$40.0M50xas long as short
Aster MUUSD10.0000%8h1,037.8+0.023%$21.2M$65.5M20xas long as short
Binance MUUSDT0.0000%8h1,037.7+0.008%$122.0M$538.5M50xas long as short
Bybit MUUSDTlong0.0000%8h1,037.6long leg$18.7M$32.3M100x
OKX MU-USDT-SWAP0.0000%8h1,037.6−0.004%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,037.8+0.024%$313K$385K20xas long as short
Gate MU_USDT0.0000%8h1,037.6+0.001%$61.4M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,037.7+0.010%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.4+0.074%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,037.7+0.010%$188K$3.5M20xas long as short
SunX MU-USDTshort0.0000%8h1,039.7+0.199%$11K$5.6M10x
HTX MU-USDT0.0000%8h1,037.60.000%$126K$481K50xas long as short
Bullet MU-USD+0.0014%1h1,037.9+0.032%$25K$390K10xas long as short
Aftermath Perps MUUSD+0.0017%1h1,038.1+0.047%$3K$44K10xas long as short
Nado MU-PERP+0.0020%1h1,037.5−0.009%$280K$807K10xas long as short
QFEX MU-USD+0.0021%1h1,037.7+0.006%$7.0M$18.8M10xas long as short
Lighter MU+0.0032%1h1,037.7+0.012%$1.0M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,037.6−0.002%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037−0.057%$545K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.327%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,037.4−0.014%$90K$245K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,037.9+0.032%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.5−0.009%$176.3M$82.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.7+0.011%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.6−0.003%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.5−0.012%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,037.7+0.010%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,037.4−0.019%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,037.4−0.014%$725K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,037.8+0.020%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.3−0.029%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.6+0.094%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.5−0.012%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,037.7+0.007%$1.5M$2.1M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0184%1h1,037.6−0.004%$74K$608K10xas long as short
Phoenix MU+0.0232%1h1,038.2+0.059%$531K$270K15xas long as short