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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against Pacifica−0.010%7-day average −0.075% · 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−0.080%−$8 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.010%, 7d avg −0.075%
Together, before fees−0.098%+ Points / potential airdropPacifica: Active · Ondo Perps: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.065% dearer against Pacifica than usual: you sell high and buy low (spread −0.010% now, against its 7-day average of −0.075%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MU1,037.20.0100pay 0.0013% / 1h51m 35s$147K$190K10x
ShortOndo Perps MU-USD.P1,037.10.0050get 0.0006% / 1h51m 35s$1.9M$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$10.42
Price spread: −0.010% → −0.075%
$6.54
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$16.88
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 56 min ago; Ondo Perps: no order-book sample. 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 Pacifica live order book, 56 min ago2.98 bp8.4 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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−0.0643%4h1,038+0.083%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0090%8h1,037.7+0.053%$20.2M$41.4M50xas long as short
Aster MUUSD10.0000%8h1,037.7+0.054%$21.1M$57.5M20xas long as short
Binance MUUSDT0.0000%8h1,037.6+0.042%$121.6M$536.9M50xas long as short
Bybit MUUSDT0.0000%8h1,037.6+0.039%$18.6M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.4+0.024%$29.9M$101.4M50xas long as short
RISEx MU/USDC0.0000%1h1,037.5+0.035%$315K$384K20xas long as short
Gate MU_USDT0.0000%8h1,037.2+0.004%$61.4M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,038.8+0.154%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.3+0.112%$84K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,037.5+0.034%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,038.2+0.100%$11K$5.6M10xas long as short
HTX MU-USDT0.0000%8h1,036.8−0.031%$128K$441K50xas long as short
Bullet MU-USD+0.0007%1h1,037.4+0.025%$26K$390K10xas long as short
Nado MU-PERP+0.0018%1h1,037.2+0.003%$276K$816K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,038.5+0.131%$3K$44K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0020%1h1,037−0.015%$74K$543K10xas long as short
Lighter RH MU+0.0032%1h1,037.3+0.018%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,036.6−0.049%$544K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,037.2+0.005%$7.0M$18.4M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.370%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,037.8+0.065%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,037.3+0.018%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.2+0.005%$176.3M$89.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.3+0.014%$168K$196K10xas long as short
SoDEX MU-USD+0.0050%1h1,037−0.012%$681K$15K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,037.1−0.010%$1.9M$2.6M10x
Paradex MU-USD-PERP+0.0053%8h1,037.6+0.043%$2K5xas long as short
Lighter MU+0.0072%1h1,037.5+0.035%$1.1M$4.9M20xas long as short
Aevo MU-PERP+0.0080%1h1,036.7−0.046%$32K$1K10xas long as short
Pacifica MUlong+0.0100%1h1,037.2long leg$147K$190K10x
KuCoin MUUSDTM+0.0100%8h1,037.1−0.007%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037.7+0.054%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,036.9−0.020%$824$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,037.6+0.041%$732K$1.3M10xas long as short
BloFin MU-USDT+0.0120%8h1,038.1+0.094%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,037.4+0.024%$531K$270K15xas long as short