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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0665%/8h= +72.8% APRpaid last 24h 0.000%
Price spread now: Ondo Perps against edgeX−0.030%7-day average −0.053% · you buy dearer than you sell
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−0.760%−$76 on $10k
Price spread, last 7 days+0.047%+$5 · spread now −0.030%, 7d avg −0.053%
Together, before fees−0.714%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board−$71 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Ondo Perps is 0.023% dearer against edgeX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.760%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MUUSDC1,042.3−0.0615get 0.0307% / 4h3h 05m$1.3M$672K10x
ShortOndo Perps MU-USD.P1,0420.0050get 0.0006% / 1h5m 07s$1.9M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$139.66
Price spread: −0.030% → −0.053%
$2.3
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$127.96
Costs to cover
0.140%
Break-even
0.6 days
Slippage unknown: edgeX: live order book, 4 min ago; Ondo Perps: 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 edgeX live order book, 4 min ago0.29 bp4.9 bp −$56.9 bp −$6929.7 bp −$2,965doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 MUUSDClong−0.0615%4h1,042.3long leg$1.3M$672K10x
Aster MUUSD10.0000%8h1,043.3+0.095%$21.2M$57.0M20xas long as short
Binance MUUSDT0.0000%8h1,043+0.066%$123.3M$525.4M50xas long as short
Bybit MUUSDT0.0000%8h1,043+0.061%$18.6M$31.9M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,042.8+0.043%$30.7M$99.7M50xas long as short
RISEx MU/USDC0.0000%1h1,042.8+0.043%$337K$353K20xas long as short
Gate MU_USDT0.0000%8h1,042.8+0.041%$61.9M$28.1M75xas long as short
Bitget MUUSDT0.0000%8h1,042.9+0.058%$20.5M$41.6M50xas long as short
Variational Omni MU0.0000%8h1,043.3+0.092%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,042.5+0.013%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,043.2+0.082%$189K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,044.2+0.181%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,042.7+0.034%$73K$491K10xas long as short
HTX MU-USDT0.0000%8h1,042.4+0.008%$130K$435K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,042.6+0.022%$3K$44K10xas long as short
Nado MU-PERP+0.0031%1h1,042.3−0.003%$281K$823K10xas long as short
QFEX MU-USD+0.0032%1h1,042.7+0.032%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,042.7+0.037%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,042.7+0.033%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,042.2−0.010%$555K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.865%$19K$5K12xas long as short
Bullet MU-USD+0.0037%1h1,042.9+0.054%$26K$392K10xas long as short
Arcus MU-USD+0.0040%1h1,042.7+0.032%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,043+0.059%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,042.6+0.025%$177.3M$94.9M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,042.6+0.025%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,042.7+0.033%$684K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,043.2+0.078%$2K5xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,042−0.030%$1.9M$2.3M10x
Aevo MU-PERP+0.0080%1h1,042.3−0.004%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,042.8+0.043%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.7+0.033%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.3−0.006%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,042.8+0.045%$829$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.6+0.217%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,042.9+0.055%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,043.1+0.073%$534K$271K15xas long as short