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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h +0.006%
Price spread now: Bitget against Ondo Perps+0.071%7-day average +0.096% · 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+0.083%+$8 on $10k
Price spread, last 7 days−0.008%−$1 · spread now +0.071%, 7d avg +0.096%
Together, before fees+0.074%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.026% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.096%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.083%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,035.30.0050pay 0.0006% / 1h24m 44s$1.9M$2.4M10x
ShortBitget MUUSDT1,036.1−0.0097pay 0.0097% / 8h2h 24m$20.3M$41.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Ondo Perps. 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
−$30.95
Price spread: +0.071% → +0.096%
−$2.57
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$50.52
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 4 min ago. 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 Ondo Perps no order-book sample
Sell Bitget live order book, 4 min ago0.58 bp8.5 bp −$810.6 bp −$106doesn't fitdoesn't fit
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−0.0386%4h1,034−0.129%$1.3M$671K10xas long as short
Bitget MUUSDTshort−0.0097%8h1,036.1+0.071%$20.3M$41.1M50x
Aster MUUSD10.0000%8h1,035.6+0.030%$21.0M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,035.30.000%$121.6M$532.4M50xas long as short
Bybit MUUSDT0.0000%8h1,035.6+0.028%$18.5M$32.1M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,036+0.064%$29.9M$100.5M50xas long as short
RISEx MU/USDC0.0000%1h1,035.2−0.015%$316K$387K20xas long as short
Gate MU_USDT0.0000%8h1,035.2−0.014%$61.4M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,034.5−0.083%$2.6M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037+0.165%$75K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,034.5−0.079%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,036.9+0.151%$11K$5.7M10xas long as short
HTX MU-USDT0.0000%8h1,035.4+0.012%$127K$448K50xas long as short
Aftermath Perps MUUSD+0.0018%1h1,035.2−0.014%$3K$44K10xas long as short
QFEX MU-USD+0.0023%1h1,034.8−0.052%$7.0M$18.1M10xas long as short
Nado MU-PERP+0.0027%1h1,034.8−0.048%$276K$819K10xas long as short
Bullet MU-USD+0.0032%1h1,035.7+0.035%$25K$389K10xas long as short
Lighter RH MU+0.0032%1h1,035.4+0.011%$1.2M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,034.7−0.056%$538K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.549%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,034.9−0.039%$70K$231K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,034.8−0.048%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,035.2−0.012%$175.9M$91.6M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,035.3−0.002%$168K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,034.8−0.048%$679K$15K10xas long as short
Ondo Perps MU-USD.Plong+0.0050%1h1,035.3long leg$1.9M$2.4M10x
Paradex MU-USD-PERP+0.0052%8h1,035.7+0.039%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,035.4+0.008%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,035.2−0.012%$147K$189K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,034.9−0.042%$5.2M$3.8M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,034.3−0.102%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,035−0.031%$823$79920xas long as short
Lighter MU+0.0112%1h1,035.3−0.006%$1.0M$4.9M20xas long as short
BloFin MU-USDT+0.0120%8h1,035.9+0.051%$1.5M$2.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,035.7+0.034%$731K$1.3M10xas long as short
Phoenix MU+0.0231%1h1,035−0.031%$529K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0301%1h1,035.7+0.034%$73K$515K10xas long as short