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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against SunX−0.042%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$780.781% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.042%, 7d avg −0.147%
Together, before fees+0.023%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.105% dearer against SunX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.147%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,052.50get 0.0000% / 8h4h 11m$11K$5.8M10x
ShortHTX MU-USDT1,052.10get 0.0000% / 8h4h 11m$131K$434K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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: −0.042% → −0.147%
$10.53
Slippage, 4 orders
−$58.13
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$67.6
Costs to cover
0.781%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; HTX: live order book, 47 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 SunX live order book, 7 min ago21.56 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 47 min ago3.18 bp10.5 bp −$1010.5 bp −$10515.3 bp −$1,532doesn'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−0.0084%4h1,051.4−0.105%$1.3M$673K10xas long as short
Aster MUUSD10.0000%8h1,052.5−0.005%$21.4M$55.0M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,052.1−0.041%$31.2M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,052.3−0.026%$340K$354K20xas long as short
Gate MU_USDT0.0000%8h1,052−0.049%$62.3M$27.5M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,051.7−0.082%$81K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,051.7−0.082%$190K$3.4M20xas long as short
SunX MU-USDTlong0.0000%8h1,052.5long leg$11K$5.8M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,051.9−0.063%$72K$444K10xas long as short
HTX MU-USDTshort0.0000%8h1,052.1−0.042%$131K$434K50x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MU+0.0003%8h1,051.8−0.073%$2.7M$2.4Mas long as short
Bybit MUUSDT+0.0019%8h1,052.4−0.011%$19.1M$32.3M100xas long as short
Aftermath Perps MUUSD+0.0022%1h1,051.9−0.064%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,052.1−0.045%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.6−0.087%$566K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.112%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,052.1−0.047%$7.1M$17.8M10xas long as short
Binance MUUSDT+0.0038%8h1,052.2−0.035%$126.6M$516.4M50xas long as short
Arcus MU-USD+0.0040%1h1,051.6−0.086%$71K$234K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,053.3+0.070%$176K25xas long as short
Nado MU-PERP+0.0046%1h1,051.8−0.066%$282K$836K10xas long as short
Bullet MU-USD+0.0048%1h1,052.2−0.032%$26K$395K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,051.9−0.061%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.1−0.043%$690K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051−0.143%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,052.2−0.035%$2K5xas long as short
Lighter MU+0.0056%1h1,052.1−0.046%$1.1M$5.1M20xas long as short
Bitget MUUSDT+0.0066%8h1,052.2−0.036%$20.5M$41.1M50xas long as short
tradeXYZ xyz:MU+0.0071%1h1,052−0.051%$178.8M$99.0M10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,052.9+0.033%$759K$1.2M10xas long as short
Aevo MU-PERP+0.0088%1h1,051.8−0.073%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,052.1−0.040%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052−0.055%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051−0.144%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.1−0.038%$836$79920xas long as short
BloFin MU-USDT+0.0151%8h1,052.4−0.012%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,051.9−0.061%$538K$271K15xas long as short