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+0.0039%/8h= +4.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.030%
Price spread now: Binance against HTX+0.057%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$310.306% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.057%, 7d avg −0.013%
Together, before fees+0.174%+$17 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 Binance is 0.070% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX MU-USDT1,051.50get 0.0000% / 8h4h 12m$131K$434K50x
ShortBinance MUUSDT1,052.10.0039get 0.0039% / 8h4h 12m$126.6M$516.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
$8.12
Price spread: +0.057% → −0.013%
$7.01
Slippage, 4 orders
−$8.64
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$15.5
Costs to cover
0.306%
Break-even
20.4 days
Slippage from HTX: live order book, 46 min ago; Binance: live order book, 2 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 HTX live order book, 46 min ago3.18 bp9.3 bp −$913.8 bp −$13820.5 bp −$2,054doesn't fit
Sell Binance live order book, 2 min ago0.05 bp5.4 bp −$56.8 bp −$6813.5 bp −$1,346doesn'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−0.0084%4h1,051.4−0.007%$1.3M$673K10xas long as short
Aster MUUSD10.0000%8h1,052.3+0.075%$21.4M$55.0M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,052.1+0.051%$31.2M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,052+0.050%$341K$354K20xas long as short
Gate MU_USDT0.0000%8h1,051.9+0.041%$62.3M$27.5M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,051.7+0.016%$81K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,051.5−0.002%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,052.1+0.059%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,051.6+0.010%$72K$443K10xas long as short
HTX MU-USDTlong0.0000%8h1,051.5long leg$131K$434K50x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MU+0.0003%8h1,051.8+0.025%$2.7M$2.4Mas long as short
Bybit MUUSDT+0.0021%8h1,052.1+0.056%$19.1M$32.3M100xas long as short
Aftermath Perps MUUSD+0.0023%1h1,051.9+0.034%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,052+0.049%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.6+0.004%$566K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.014%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,051.7+0.016%$7.1M$17.8M10xas long as short
Binance MUUSDTshort+0.0039%8h1,052.1+0.057%$126.6M$516.5M50x
Arcus MU-USD+0.0040%1h1,051.6+0.007%$71K$234K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,053+0.146%$176K25xas long as short
Nado MU-PERP+0.0047%1h1,051.5−0.001%$282K$836K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,051.7+0.018%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,051.9+0.035%$690K$16K10xas long as short
Bullet MU-USD+0.0050%1h1,052+0.047%$26K$395K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051−0.045%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,051.9+0.040%$2K5xas long as short
Lighter MU+0.0056%1h1,052.1+0.051%$1.1M$5.1M20xas long as short
Bitget MUUSDT+0.0069%8h1,052.1+0.057%$20.5M$41.1M50xas long as short
tradeXYZ xyz:MU+0.0072%1h1,051.7+0.018%$178.7M$99.0M10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,052.9+0.131%$759K$1.2M10xas long as short
Aevo MU-PERP+0.0088%1h1,051.50.000%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,051.8+0.028%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,051.8+0.024%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051−0.047%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,051.9+0.037%$836$79920xas long as short
BloFin MU-USDT+0.0161%8h1,051.9+0.035%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.5+0.094%$538K$271K15xas long as short