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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: KuCoin against Pacifica−0.002%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.002%, 7d avg −0.008%
Together, before fees+0.026%+ Points / potential airdropPacifica: Active · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MU1,048.80.0100pay 0.0013% / 1h56m 36s$148K$186K10x
ShortKuCoin MUUSDTM1,048.80.0100get 0.0100% / 8h6h 56m$5.3M$3.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Pacifica. 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
$0
Price spread: −0.002% → −0.008%
$0.56
Slippage, 4 orders
−$21.75
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$41.19
Costs to cover
0.418%
Break-even
never at this rate
Slippage from Pacifica: live order book, 11 min ago; KuCoin: live order book, 6 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 Pacifica live order book, 11 min ago2.66 bp7.6 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago3.62 bp13.6 bp −$1438.7 bp −$387doesn'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−0.0855%4h1,050.5+0.159%$1.3M$670K10xas long as short
Nado MU-PERP−0.0014%1h1,048.9+0.009%$271K$859K10xas long as short
Gate MU_USDT0.0000%8h1,048.6−0.014%$62.3M$27.3M75xas long as short
StandX MU-USD0.0000%1h1,049.5+0.069%$190K$3.3M20xas long as short
Bullet MU-USD0.0000%1h1,049.1+0.030%$26K$397K10xas long as short
SunX MU-USDT0.0000%8h1,050.1+0.123%$11K$6.1M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,048.7−0.009%$65K$315K10xas long as short
HTX MU-USDT0.0000%8h1,048.7−0.006%$129K$424K50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,050+0.113%$3K$45K10xas long as short
Lighter MU+0.0032%1h1,048.5−0.029%$1.1M$4.8M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,048.5−0.031%$1.2M$4.1M10xas long as short
QFEX MU-USD+0.0040%1h1,048.3−0.044%$7.5M$20.9M10xas long as short
Arcus MU-USD+0.0040%1h1,049.6+0.079%$71K$242K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,050.2+0.137%$179K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,048.4−0.037%$177.9M$100.3M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,048.8+0.001%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,049+0.021%$688K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.1+0.027%$1.9M$2.4M10xas long as short
Paradex MU-USD-PERP+0.0078%8h1,048.5−0.030%$2K5xas long as short
OKX MU-USDT-SWAP+0.0096%8h1,048.6−0.023%$30.9M$101.3M50xas long as short
Pacifica MUlong+0.0100%1h1,048.8long leg$148K$186K10x
KuCoin MUUSDTMshort+0.0100%8h1,048.8−0.002%$5.3M$3.5M20x
ApeX Omni MUUSDT+0.0100%1h1,050.4+0.152%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,049.2+0.040%$834$79920xas long as short
Injective MU/USDC PERP+0.0107%1h1,051.4+0.245%$19K$5K12xas long as short
Bybit MUUSDT+0.0113%8h1,048.9+0.010%$19.3M$32.7M100xas long as short
Coinbase International MU-PERP-INTX+0.0128%1h1,049.6+0.075%$761K$1.2M10xas long as short
Aevo MU-PERP+0.0152%1h1,048.7−0.006%$32K$1K10xas long as short
Extended MU_24_5-USD+0.0184%1h1,048.1−0.065%$563K$1.2M10xas long as short
Variational Omni MU+0.0260%8h1,050.4+0.150%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0262%8h1,049.4+0.056%$21.6M$49.1M20xas long as short
Binance MUUSDT+0.0266%8h1,048.7−0.008%$125.8M$523.1M50xas long as short
Phoenix MU+0.0383%1h1,050.9+0.201%$538K$273K15xas long as short
Bitget MUUSDT+0.0386%8h1,048.9+0.010%$20.5M$41.6M50xas long as short
BloFin MU-USDT+0.0388%8h1,049.6+0.077%$1.5M$2.0M20xas long as short
RISEx MU/USDC+0.0507%1h1,048.7−0.011%$315K$340K20xas long as short
GRVT MU_USDT_Perp+0.0514%8h1,050.4+0.154%$83K$1.3M10xas long as short