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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0034%/8h= −3.8% APRnext payment $0.04 per $10,000 · paid last 24h −0.046%
Price spread now: Vest against Coinbase International+0.064%7-day average +0.681% · 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 3 days (all we have)−0.069%−$7 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.064%, 7d avg +0.681%
Together, before fees−0.026%+ Points / potential airdropVest: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Vest is 0.617% cheaper against Coinbase International than usual: you would sell low and buy high (−$62 if the spread goes back to its 7-day average of +0.681%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MU-PERP-INTX1,052.90.0080pay 0.0010% / 1h9m 20s$759K$1.2M10x
ShortVest MU-USD-PERP1,053.60.0046get 0.0006% / 1h9m 20s$176K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Coinbase International. 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
−$7.21
Price spread: +0.064% → +0.681%
−$61.74
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$80.95
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 4 min ago; Vest: 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 Coinbase International live order book, 4 min ago2.99 bp8.6 bp −$912.1 bp −$12148.3 bp −$4,829doesn't fit
Sell Vest no order-book sample
Vest: 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−0.0884%4h1,052−0.089%$1.3M$671K10xas long as short
Aster MUUSD10.0000%8h1,052.5−0.033%$21.5M$55.0M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,052.6−0.030%$31.2M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,052.7−0.022%$340K$354K20xas long as short
Gate MU_USDT0.0000%8h1,052.3−0.055%$62.3M$27.5M75xas long as short
Variational Omni MU0.0000%8h1,051.9−0.091%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.4−0.048%$81K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,051.9−0.094%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,052.9−0.004%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,052−0.085%$72K$445K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,052.2−0.065%$131K$434K50xas long as short
Bybit MUUSDT+0.0018%8h1,052.7−0.020%$19.1M$32.3M100xas long as short
Aftermath Perps MUUSD+0.0022%1h1,051.9−0.093%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,052.4−0.047%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.7−0.109%$566K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.145%$19K$5K12xas long as short
Binance MUUSDT+0.0034%8h1,052.4−0.048%$126.6M$516.3M50xas long as short
QFEX MU-USD+0.0034%1h1,052.2−0.066%$7.1M$17.8M10xas long as short
Arcus MU-USD+0.0040%1h1,051.8−0.100%$71K$234K10xas long as short
Nado MU-PERP+0.0044%1h1,052.1−0.078%$282K$836K10xas long as short
Vest MU-USD-PERPshort+0.0046%1h1,053.6+0.064%$176K25x
Bullet MU-USD+0.0047%1h1,052.5−0.037%$26K$395K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,052.2−0.066%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.2−0.063%$691K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.4−0.138%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,052.5−0.038%$2K5xas long as short
Lighter MU+0.0056%1h1,052.4−0.043%$1.1M$5.1M20xas long as short
Bitget MUUSDT+0.0061%8h1,052.4−0.051%$20.5M$41.1M50xas long as short
tradeXYZ xyz:MU+0.0070%1h1,052.2−0.066%$178.8M$97.8M10xas long as short
Coinbase International MU-PERP-INTXlong+0.0080%1h1,052.9long leg$759K$1.2M10x
Aevo MU-PERP+0.0088%1h1,051.9−0.098%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,052.4−0.045%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052.2−0.066%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,052−0.081%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.3−0.058%$837$79920xas long as short
BloFin MU-USDT+0.0151%8h1,052.4−0.046%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.4−0.047%$538K$271K15xas long as short