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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against SunX−0.331%7-day average −0.250% · 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+0.083%+$8 on $10k
Price spread, last 4 days (all we have)+0.201%+$20 · spread now −0.331%, 7d avg −0.250%
Together, before fees+0.284%+ Points / potential airdropOndo Perps: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.081% cheaper against SunX than usual: you would sell low and buy high (spread −0.331% now, against its 7-day average of −0.250%). If the spread goes back, that is −$8 on $10k: about 5.3 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,040.80get 0.0000% / 8h5h 44m$11K$5.0M10x
ShortOndo Perps MU-USD.P1,037.40.0050get 0.0006% / 1h44m 46s$1.9M$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: −0.331% → −0.250%
−$8.06
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$10.48
Costs to cover
0.130%
Break-even
13.9 days
Slippage unknown: SunX: live order book, 7 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 SunX live order book, 7 min ago21.61 bp25.6 bp −$26doesn'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 exchanges

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−0.0300%4h1,039.7−0.114%$1.3M$696K10xas long as short
Aster MUUSD10.0000%8h1,039.4−0.141%$21.2M$73.6M20xas long as short
Binance MUUSDT0.0000%8h1,038.9−0.186%$121.6M$555.5M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.9−0.187%$29.7M$107.7M50xas long as short
Gate MU_USDT0.0000%8h1,038.8−0.198%$61.3M$28.0M75xas long as short
Bitget MUUSDT0.0000%8h1,038.8−0.194%$19.8M$43.6M50xas long as short
Variational Omni MU0.0000%8h1,039.1−0.171%$2.6M$2.6Mas long as short
StandX MU-USD0.0000%1h1,039.6−0.116%$188K$3.7M20xas long as short
SunX MU-USDTlong0.0000%8h1,040.8long leg$11K$5.0M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.1−0.259%$34K$725K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,038.9−0.185%$119K$474K50xas long as short
Lighter RH MU+0.0032%1h1,038.7−0.204%$1.2M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.011%$19K$5K12xas long as short
Aftermath Perps MUUSD+0.0035%1h1,039−0.172%$3K$41K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,040−0.080%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.7−0.206%$169K$171K10xas long as short
SoDEX MU-USD+0.0050%1h1,039−0.174%$683K$14K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,037.4−0.331%$1.9M$3.2M10x
QFEX MU-USD+0.0058%1h1,038.8−0.198%$7.0M$19.3M10xas long as short
Bybit MUUSDT+0.0067%8h1,039.2−0.162%$18.8M$32.3M100xas long as short
Paradex MU-USD-PERP+0.0079%8h1,038.8−0.200%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,038.5−0.224%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,038.4−0.238%$150K$227K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.6−0.211%$5.2M$6.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.8−0.099%$71K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.9−0.184%$826$79920xas long as short
RISEx MU/USDC+0.0118%1h1,039.1−0.169%$299K$351K20xas long as short
BloFin MU-USDT+0.0120%8h1,039.2−0.154%$1.5M$2.6M20xas long as short
Nado MU-PERP+0.0122%1h1,038.3−0.240%$276K$841K10xas long as short
Arcus MU-USD+0.0139%1h1,038.3−0.243%$90K$148K10xas long as short
Lighter MU+0.0176%1h1,038.7−0.206%$1.0M$5.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0192%1h1,038.5−0.228%$727K$1.2M10xas long as short
Bullet MU-USD+0.0204%1h1,039.2−0.159%$24K$385K10xas long as short
GRVT MU_USDT_Perp+0.0221%8h1,040.4−0.039%$73K$1.4M10xas long as short
tradeXYZ xyz:MU+0.0237%1h1,038.7−0.206%$177.1M$75.7M10xas long as short
Phoenix MU+0.0308%1h1,040.4−0.042%$532K$159K15xas long as short
Extended MU_24_5-USD+0.0328%1h1,037.8−0.294%$551K$1.1M10xas long as short