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−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h +0.030%
Price spread now: Extended against Ondo Perps−0.028%7-day average +0.023% · you buy dearer than you sell
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+0.102%+$10 on $10k
Price spread, last 7 days−0.020%−$2 · spread now −0.028%, 7d avg +0.023%
Together, before fees+0.082%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.050% cheaper against Ondo Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.102%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,037.80.0050pay 0.0006% / 1h6m 14s$1.9M$2.7M10x
ShortExtended MU_24_5-USD1,037.50.0032get 0.0004% / 1h6m 14s$546K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$3.86
Price spread: −0.028% → +0.023%
−$5.05
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$18.91
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 2 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 Extended live order book, 2 min ago0.05 bp3.7 bp −$411.4 bp −$114doesn'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−0.0764%4h1,037.8−0.003%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0140%8h1,038.4+0.057%$20.2M$39.9M50xas long as short
Aster MUUSD10.0000%8h1,038.4+0.059%$21.2M$67.5M20xas long as short
Binance MUUSDT0.0000%8h1,038.3+0.049%$122.5M$536.9M50xas long as short
Bybit MUUSDT0.0000%8h1,038.4+0.055%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.2+0.038%$29.8M$100.0M50xas long as short
RISEx MU/USDC0.0000%1h1,038.5+0.060%$313K$384K20xas long as short
Gate MU_USDT0.0000%8h1,038.2+0.036%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,037.8−0.007%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037.9+0.009%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.3+0.046%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.7+0.179%$11K$5.5M10xas long as short
HTX MU-USDT0.0000%8h1,038.3+0.046%$126K$481K50xas long as short
Bullet MU-USD+0.0007%1h1,038.4+0.059%$25K$388K10xas long as short
Nado MU-PERP+0.0017%1h1,037.8−0.004%$280K$804K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,038.4+0.057%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.2+0.031%$7.0M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,038.1+0.027%$1.1M$4.5M10xas long as short
Extended MU_24_5-USDshort+0.0032%1h1,037.5−0.028%$546K$1.1M10x
Injective MU/USDC PERP+0.0033%1h1,051.4+1.304%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.2+0.036%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.8−0.002%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.4+0.053%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.9+0.007%$176.3M$80.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.1+0.026%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.2+0.032%$681K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,038.3+0.044%$2K5xas long as short
Ondo Perps MU-USD.Plong+0.0050%1h1,037.8long leg$1.9M$2.7M10x
Aevo MU-PERP+0.0080%1h1,037.9+0.007%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3+0.049%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038+0.019%$145K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038+0.014%$5.2M$4.1M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038+0.014%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.3+0.042%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.3+0.049%$1.5M$2.1M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0203%1h1,038.1+0.027%$74K$620K10xas long as short
Phoenix MU+0.0232%1h1,038.7+0.084%$531K$270K15xas long as short