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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.022%
Price spread now: Pacifica against OKX+0.038%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.038%, 7d avg −0.028%
Together, before fees−0.038%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.066% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MU-USDT-SWAP1,028.70get 0.0000% / 8h7h 37m$29.5M$101.0M50x
ShortPacifica MU1,0290.0100get 0.0013% / 1h37m 04s$146K$194K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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
Price spread: +0.038% → −0.028%
$6.58
Slippage, 4 orders
−$10.18
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$0.6
Costs to cover
0.282%
Break-even
7.2 days
Slippage from OKX: live order book, 2 min ago; Pacifica: live order book, 61 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 OKX live order book, 2 min ago0.05 bp5.5 bp −$67.9 bp −$7917.3 bp −$1,733doesn't fit
Sell Pacifica live order book, 61 min ago1.93 bp9.7 bp −$10doesn't fitdoesn'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
edgeX MUUSDC−0.0646%4h1,029.1+0.047%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0064%8h1,029.3+0.064%$19.8M$40.3M50xas long as short
Aster MUUSD10.0000%8h1,029.5+0.078%$21.0M$68.9M20xas long as short
Binance MUUSDT0.0000%8h1,029.2+0.052%$121.2M$543.5M50xas long as short
Bybit MUUSDT0.0000%8h1,029.2+0.056%$18.6M$32.2M100xas long as short
OKX MU-USDT-SWAPlong0.0000%8h1,028.7long leg$29.5M$101.0M50x
RISEx MU/USDC0.0000%1h1,029.7+0.105%$310K$376K20xas long as short
Gate MU_USDT0.0000%8h1,029.2+0.056%$61.7M$27.9M75xas long as short
Variational Omni MU0.0000%8h1,029.4+0.070%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,029+0.030%$72K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,029+0.032%$186K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,030.6+0.190%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,029+0.029%$119K$488K50xas long as short
Aftermath Perps MUUSD+0.0025%1h1,029.5+0.084%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,029.5+0.083%$6.9M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,029.1+0.045%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,028.6−0.008%$543K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.208%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,029+0.037%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,028.9+0.028%$176K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,028.7+0.005%$166K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,029.2+0.052%$675K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,028.7+0.008%$1.8M$2.9M10xas long as short
Lighter MU+0.0056%1h1,029.3+0.059%$988K$4.9M20xas long as short
Paradex MU-USD-PERP+0.0057%8h1,029.6+0.092%$2K5xas long as short
tradeXYZ xyz:MU+0.0072%1h1,028.9+0.024%$174.0M$79.4M10xas long as short
Nado MU-PERP+0.0073%1h1,029+0.038%$262K$810K10xas long as short
Aevo MU-PERP+0.0080%1h1,028.9+0.027%$32K$1K10xas long as short
Bullet MU-USD+0.0086%1h1,029.7+0.101%$25K$388K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,029.2+0.053%$719K$1.1M10xas long as short
Pacifica MUshort+0.0100%1h1,029+0.038%$146K$194K10x
KuCoin MUUSDTM+0.0100%8h1,029+0.030%$5.1M$4.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,028.5−0.011%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,029.2+0.052%$818$79920xas long as short
BloFin MU-USDT+0.0120%8h1,029.7+0.101%$1.5M$2.2M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0217%1h1,029.3+0.061%$72K$628K10xas long as short
Phoenix MU+0.0231%1h1,029.9+0.122%$527K$270K15xas long as short