Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Vest against KuCoin+0.032%7-day average +0.662% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.013%−$1 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.032%, 7d avg +0.662%

Together, before fees−0.003%+ Points / potential airdropVest: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.630% cheaper against KuCoin than usual: you would sell low and buy high (−$63 if the spread goes back to its 7-day average of +0.662%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MUUSDTM	1,037.9	0.0100	pay 0.0100% / 8h	1h 23m	$5.2M	$3.9M	20x
Short	Vest MU-USD-PERP	1,038.3	0.0046	get 0.0006% / 1h	23m 57s	—	$175K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee VestbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$11.41
Price spread: +0.032% → +0.662%: −$63.02
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$88.42
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: KuCoin: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 4 min ago	2.75 bp	12.4 bp −$12	26.0 bp −$260	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MUUSDC	−0.0957%	4h	1,037.7	−0.024%	$1.3M	$672K	10x	as long as short
Bitget MUUSDT	−0.0206%	8h	1,038.7	+0.071%	$20.2M	$40.3M	50x	as long as short
Nado MU-PERP	−0.0004%	1h	1,037.8	−0.014%	$279K	$815K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,038.6	+0.063%	$21.1M	$59.7M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,038.5	+0.053%	$121.7M	$537.8M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,038.5	+0.056%	$18.6M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,038.3	+0.037%	$29.9M	$100.0M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,038.1	+0.011%	$313K	$387K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,038.4	+0.046%	$61.7M	$28.6M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,038.1	+0.017%	$2.5M	$2.6M	—	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MU_USDT_Perp	0.0000%	8h	1,037.9	−0.002%	$83K	$1.4M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,038	+0.010%	$188K	$3.5M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,038.2	+0.030%	$25K	$389K	10x	as long as short
SunX MU-USDT	0.0000%	8h	1,039.5	+0.151%	$11K	$5.6M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,037.9	0.000%	$74K	$567K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,037.9	−0.002%	$128K	$441K	50x	as long as short
Aftermath Perps MUUSD	+0.0013%	1h	1,037.2	−0.067%	$3K	$44K	10x	as long as short
Lighter MU	+0.0032%	1h	1,038.6	+0.066%	$1.1M	$4.9M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,038.4	+0.045%	$1.2M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,037.9	0.000%	$537K	$1.1M	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,037.9	−0.001%	$7.0M	$18.6M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.293%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,037.4	−0.051%	$70K	$230K	10x	as long as short
Vest MU-USD-PERPshort	+0.0046%	1h	1,038.3	+0.032%	—	$175K	25x
tradeXYZ xyz:MU	+0.0050%	1h	1,038.1	+0.015%	$176.3M	$86.7M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,037.9	−0.004%	$168K	$195K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,038.2	+0.028%	$681K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,036.8	−0.111%	$1.8M	$2.6M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,038	+0.001%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,037.9	−0.003%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,037.6	−0.030%	$147K	$190K	10x	as long as short
KuCoin MUUSDTMlong	+0.0100%	8h	1,037.9	long leg	$5.2M	$3.9M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,037.6	−0.033%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,038	+0.007%	$825	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0104%	1h	1,036	−0.185%	$731K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,037.9	−0.002%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0231%	1h	1,037.8	−0.013%	$531K	$270K	15x	as long as short