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−0.0058%/8h= −6.4% APRnext payment $0.58 per $10,000 · paid last 24h −0.021%
Price spread now: OKX against Orderly+0.013%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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MU_USDC_mythos1,0500.0100pay 0.0100% / 8h5h 49m$835$79920x
ShortOKX MU-USDT-SWAP1,050.10.0042get 0.0042% / 8h5h 49m$31.0M$100.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$12.2
Price spread: +0.013% → 0.000%
$1.33
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$26.86
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago0.05 bp5.7 bp −$66.6 bp −$6622.3 bp −$2,225doesn'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 36 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−0.0504%4h1,050.4+0.042%$1.3M$671K10xas long as short
RISEx MU/USDC0.0000%1h1,050.4+0.042%$333K$349K20xas long as short
Gate MU_USDT0.0000%8h1,049.9−0.011%$62.1M$27.4M75xas long as short
StandX MU-USD0.0000%1h1,050.1+0.013%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,051.7+0.168%$11K$5.9M10xas long as short
HTX MU-USDT0.0000%8h1,049.7−0.027%$129K$427K50xas long as short
Aftermath Perps MUUSD+0.0019%1h1,049.9−0.008%$3K$44K10xas long as short
GRVT MU_USDT_Perp+0.0024%8h1,050.8+0.076%$79K$1.3M10xas long as short
Bybit MUUSDT+0.0025%8h1,050.4+0.036%$19.2M$32.4M100xas long as short
QFEX MU-USD+0.0030%1h1,050.2+0.019%$7.2M$18.4M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,049.9−0.011%$1.2M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.131%$19K$5K12xas long as short
Extended MU_24_5-USD+0.0040%1h1,049.6−0.035%$564K$1.1M10xas long as short
Arcus MU-USD+0.0040%1h1,050.2+0.022%$71K$235K10xas long as short
OKX MU-USDT-SWAPshort+0.0042%8h1,050.1+0.013%$31.0M$100.1M50x
Vest MU-USD-PERP+0.0046%1h1,050.8+0.082%$175K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,049.8−0.017%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,049.9−0.010%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.4−0.053%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0059%8h1,050.4+0.036%$2K5xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,049.9−0.004%$756K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,049.7−0.029%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.1+0.009%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.8+0.078%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythoslong+0.0100%8h1,050long leg$835$79920x
Lighter MU+0.0104%1h1,049.9−0.010%$1.1M$4.8M20xas long as short
Aster MUUSD1+0.0110%8h1,050.2+0.020%$21.4M$52.1M20xas long as short
Nado MU-PERP+0.0110%1h1,049.7−0.025%$280K$850K10xas long as short
Aevo MU-PERP+0.0120%1h1,049.6−0.035%$32K$1K10xas long as short
tradeXYZ xyz:MU+0.0127%1h1,049.7−0.027%$178.2M$99.2M10xas long as short
Variational Omni MU+0.0144%8h1,050.4+0.044%$2.7M$2.3Mas long as short
Bullet MU-USD+0.0158%1h1,050.1+0.011%$26K$397K10xas long as short
Binance MUUSDT+0.0165%8h1,050.1+0.012%$126.5M$520.0M50xas long as short
Bitget MUUSDT+0.0168%8h1,050.1+0.010%$20.6M$41.2M50xas long as short
Phoenix MU+0.0229%1h1,050.2+0.021%$537K$271K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0265%1h1,050+0.004%$66K$355K10xas long as short