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+0.0102%/8h= +11.2% APRpaid last 24h +0.015%
Price spread now: KuCoin against edgeX−0.071%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$370.370% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.672%−$67 on $10k
Price spread, last 7 days+0.100%+$10 · spread now −0.071%, 7d avg −0.011%
Together, before fees−0.572%+ Points / potential airdropedgeX: Active · farm board−$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.061% cheaper against edgeX than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.011%). If the spread goes back, that is −$6 on $10k: about 48 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.672%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MUUSDC1,036.3−0.0002get 0.0001% / 4h57m 03s$1.3M$671K10x
ShortKuCoin MUUSDTM1,035.50.0100get 0.0100% / 8h57m 03s$5.2M$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
$21.44
Price spread: −0.071% → −0.011%
−$6.08
Slippage, 4 orders
−$15.99
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$21.62
Costs to cover
0.370%
Break-even
14.1 days
Slippage from edgeX: live order book, 2 min ago; KuCoin: live order book, 1 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 edgeX live order book, 2 min ago0.39 bp5.0 bp −$56.6 bp −$6627.4 bp −$2,744doesn't fit
Sell KuCoin live order book, 1 min ago2.51 bp13.1 bp −$1327.2 bp −$272doesn'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
Bitget MUUSDT−0.0181%8h1,035.9−0.035%$20.1M$40.2M50xas long as short
edgeX MUUSDClong−0.0002%4h1,036.3long leg$1.3M$671K10x
Aster MUUSD10.0000%8h1,036−0.027%$21.1M$64.2M20xas long as short
Binance MUUSDT0.0000%8h1,035.8−0.047%$122.0M$538.3M50xas long as short
Bybit MUUSDT0.0000%8h1,035.8−0.047%$18.7M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,035.7−0.059%$29.7M$99.9M50xas long as short
RISEx MU/USDC0.0000%1h1,036−0.022%$313K$386K20xas long as short
Gate MU_USDT0.0000%8h1,035.7−0.056%$61.3M$28.2M75xas long as short
Variational Omni MU0.0000%8h1,036.4+0.017%$2.5M$2.5Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,036.8+0.056%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.1−0.014%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,037.5+0.124%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,035.3−0.095%$74K$587K10xas long as short
HTX MU-USDT0.0000%8h1,035.5−0.069%$127K$460K50xas long as short
Nado MU-PERP+0.0010%1h1,035.9−0.036%$277K$809K10xas long as short
Aftermath Perps MUUSD+0.0016%1h1,036.3+0.003%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,035.8−0.046%$7.0M$18.8M10xas long as short
Bullet MU-USD+0.0024%1h1,035.7−0.054%$24K$390K10xas long as short
Lighter MU+0.0032%1h1,035.7−0.052%$1.0M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,035.6−0.063%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,035.4−0.086%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.457%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,035.9−0.031%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,035.7−0.058%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,035.4−0.083%$176.1M$85.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,035.4−0.083%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,035.7−0.058%$680K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,035.2−0.101%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,035.8−0.047%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,035.4−0.085%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.8+0.243%$734K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,035.8−0.044%$147K$188K10xas long as short
KuCoin MUUSDTMshort+0.0100%8h1,035.5−0.071%$5.2M$3.9M20x
ApeX Omni MUUSDT+0.0100%1h1,036.1−0.012%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,035.8−0.045%$823$79920xas long as short
BloFin MU-USDT+0.0120%8h1,036−0.029%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,036.8+0.052%$530K$270K15xas long as short