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+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.031%
Price spread now: Ondo Perps against Extended+0.080%7-day average −0.028% · 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−0.103%−$10 on $10k
Price spread, last 7 days−0.087%−$9 · spread now +0.080%, 7d avg −0.028%
Together, before fees−0.190%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.108% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.028%. Mind the row above: over the last 7 days funding on this pair cost −0.103%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MU_24_5-USD1,041.20.0032pay 0.0004% / 1h3m 33s$553K$1.1M10x
ShortOndo Perps MU-USD.P1,0420.0050get 0.0006% / 1h3m 33s$1.9M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. 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
$3.86
Price spread: +0.080% → −0.028%
$10.79
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$4.65
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Extended: live order book, 5 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 Extended live order book, 5 min ago0.05 bp7.3 bp −$714.9 bp −$149doesn't fitdoesn'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 MUUSDC−0.0412%4h1,042.8+0.150%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,042.2+0.096%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,041.7+0.046%$123.3M$525.4M50xas long as short
Bybit MUUSDT0.0000%8h1,041.8+0.055%$18.6M$31.9M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,041.5+0.025%$30.6M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,041.7+0.046%$336K$354K20xas long as short
Gate MU_USDT0.0000%8h1,041.6+0.041%$61.9M$28.1M75xas long as short
Bitget MUUSDT0.0000%8h1,042.2+0.091%$20.5M$41.7M50xas long as short
Variational Omni MU0.0000%8h1,043.3+0.202%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,043+0.175%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,042.8+0.151%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,044.9+0.351%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,043+0.168%$130K$435K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,042.5+0.128%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,041.8+0.053%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,041.9+0.062%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,042.4+0.111%$1.3M$4.4M10xas long as short
Extended MU_24_5-USDlong+0.0032%1h1,041.2long leg$553K$1.1M10x
Nado MU-PERP+0.0032%1h1,042.3+0.101%$281K$823K10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.976%$19K$5K12xas long as short
Bullet MU-USD+0.0038%1h1,043.3+0.201%$26K$392K10xas long as short
Arcus MU-USD+0.0040%1h1,042.6+0.137%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,042.2+0.099%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,041.3+0.010%$177.1M$94.9M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,041.4+0.019%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.2+0.190%$685K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,042.2+0.093%$2K5xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,042+0.080%$1.9M$2.3M10x
Aevo MU-PERP+0.0080%1h1,042.8+0.158%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,042.2+0.092%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.5+0.123%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.3+0.104%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.3+0.203%$829$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.6+0.327%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,042.9+0.164%$1.5M$2.0M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0143%1h1,043.2+0.193%$73K$492K10xas long as short
Phoenix MU+0.0305%1h1,043.1+0.182%$534K$271K15xas long as short