data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

MU

RWAall MU markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 13:00 UTC−0.0256%/8h
paid, last 24h−0.036%paid, last 3 days−0.414%to open and close $10k−$38
Long on PhoenixShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix MU1,045.10.0309pay 0.0039% / 1h29m 30s$532K$153K15x
ShortBinance MUUSDT1,046.60.0053get 0.0053% / 8h2h 29m$131.2M$200.0M50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$53.69
Slippage, 4 orders
−$20.54
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
−$91.23
Break-even
never at this rate
Slippage from Phoenix: live order book, 30 min ago; Binance: live order book, 15 min ago.

Price risk

price view
Price gap now
+0.147%
Avg gap 7d
+0.015%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 30 min ago3.86 bp13.2 bp −$1328.2 bp −$282doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.05 bp5.7 bp −$67.3 bp −$7315.3 bp −$1,526doesn't fit

MU on 36 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster MUUSD10.0000%8h$21.5M$6.8M20xas long as short
Bybit MUUSDT0.0000%8h$18.6M$14.1M100xas long as short
Gate MU_USDT0.0000%8h$67.4M$13.7M75xas long as short
StandX MU-USD0.0000%1h$189K$647K20xas long as short
SunX MU-USDT0.0000%8h$12K$3.1M10xas long as short
HTX MU-USDT0.0000%8h$137K$346K50xas long as short
OKX MU-USDT-SWAP+0.0002%8h$30.5M$48.1M50xas long as short
edgeX MUUSDC+0.0019%4h$1.3M$265K10xas long as short
Lighter RH MU+0.0032%1h$1.2M$2.9M10xas long as short
Extended MU_24_5-USD+0.0032%1h$532K$790K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni MU+0.0033%8h$2.5M$1.9M—as long as short
Aftermath Perps MUUSD+0.0033%1h$3K$41K10xas long as short
Injective MU/USDC PERP+0.0033%1h$15K$225K12xas long as short
Deribit MU_USDC-PERPETUAL+0.0038%1h$46K$57K10xas long as short
Lighter MU+0.0040%1h$954K$2.4M20xas long as short
Arcus MU-USD+0.0040%1h$67K$157K10xas long as short
QFEX MU-USD+0.0042%1h$7.8M$20.4M10xas long as short
Vest MU-USD-PERP+0.0046%1h—$46K25xas long as short
Polymarket Perps MU-USD+0.0050%1h$166K$153K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h$2.0M$2.2M10xas long as short
Binance MUUSDTshort+0.0053%8h$131.2M$200.0M50x
Paradex MU-USD-PERP+0.0063%8h$2K—5xas long as short
Bitget MUUSDT+0.0096%8h$20.2M$15.6M50xas long as short
Aevo MU-PERP+0.0096%1h$33K—10xas long as short
Pacifica MU+0.0100%1h$152K$85K10xas long as short
KuCoin MUUSDTM+0.0100%8h$5.3M$1.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h$160—20xas long as short
Nado MU-PERP+0.0102%1h$252K$341K10xas long as short
Bullet MU-USD+0.0135%1h$25K$396K10xas long as short
tradeXYZ xyz:MU+0.0142%1h$173.1M$66.4M10xas long as short
BloFin MU-USDT+0.0177%8h$1.5M$1.1M20xas long as short
Coinbase International MU-PERP-INTX+0.0208%1h$865K$1.2M10xas long as short
RISEx MU/USDC+0.0210%1h$311K$242K20xas long as short
SoDEX MU-USD+0.0287%1h$692K$8K10xas long as short
Phoenix MUlong+0.0309%1h$532K$153K15x