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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.013%
Price spread now: Aster against Orderly+0.042%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.042% dearer against Orderly than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MU_USDC_mythos1,028.40.0100pay 0.0100% / 8h7h 21m$818$79920x
ShortAster MUUSD11,028.80get 0.0000% / 8h7h 21m$21.0M$69.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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: +0.042% → 0.000%
$4.16
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$30.84
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 3 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 Orderly no order-book sample
Sell Aster live order book, 3 min ago0.93 bp5.6 bp −$614.3 bp −$143doesn't fitdoesn't fit
Orderly: 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−0.0959%4h1,026.4−0.193%$1.3M$695K10xas long as short
Aster MUUSD1short0.0000%8h1,028.8+0.042%$21.0M$69.2M20x
Binance MUUSDT0.0000%8h1,028.9+0.048%$121.7M$548.7M50xas long as short
Bybit MUUSDT0.0000%8h1,029+0.062%$18.6M$32.4M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,029.2+0.078%$29.1M$103.1M50xas long as short
RISEx MU/USDC0.0000%1h1,028−0.038%$293K$387K20xas long as short
Gate MU_USDT0.0000%8h1,028.4+0.004%$61.7M$28.3M75xas long as short
Bitget MUUSDT0.0000%8h1,028.8+0.039%$19.8M$41.1M50xas long as short
Variational Omni MU0.0000%8h1,024.7−0.353%$2.5M$2.6Mas long as short
StandX MU-USD0.0000%1h1,028.1−0.029%$186K$3.6M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MU-USDT0.0000%8h1,029.1+0.067%$11K$5.3M10xas long as short
HTX MU-USDT0.0000%8h1,027.9−0.048%$118K$494K50xas long as short
QFEX MU-USD+0.0027%1h1,028.4+0.006%$6.9M$18.9M10xas long as short
Aftermath Perps MUUSD+0.0029%1h1,026.4−0.194%$3K$43K10xas long as short
Lighter RH MU+0.0032%1h1,028.2−0.013%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,027.6−0.077%$544K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.237%$19K$5K12xas long as short
GRVT MU_USDT_Perp+0.0040%8h1,026.9−0.141%$81K$1.4M10xas long as short
Arcus MU-USD+0.0040%1h1,028.1−0.026%$89K$234K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,028.2−0.015%$179K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,028.3−0.006%$166K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,028−0.040%$675K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,027.5−0.081%$1.9M$3.1M10xas long as short
Paradex MU-USD-PERP+0.0066%8h1,028.5+0.010%$2K5xas long as short
Lighter MU+0.0080%1h1,028.5+0.010%$994K$5.0M20xas long as short
Aevo MU-PERP+0.0080%1h1,028.7+0.033%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,024.5−0.375%$716K$1.1M10xas long as short
tradeXYZ xyz:MU+0.0099%1h1,028.7+0.033%$173.9M$78.9M10xas long as short
Pacifica MU+0.0100%1h1,028−0.034%$146K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,027.5−0.083%$5.1M$4.7M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,026.4−0.193%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythoslong+0.0100%8h1,028.4long leg$818$79920x
Nado MU-PERP+0.0100%1h1,027.7−0.064%$264K$815K10xas long as short
BloFin MU-USDT+0.0120%8h1,027.2−0.117%$1.5M$2.3M20xas long as short
Bullet MU-USD+0.0143%1h1,029.1+0.072%$25K$388K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0217%1h1,028−0.034%$72K$630K10xas long as short
Phoenix MU+0.0231%1h1,028.4+0.004%$526K$270K15xas long as short