Spread before costs (cost unknown: a leg has no order-book sample)−0.042%
7d average—if it closes, per $10,000$4funding while held, a day−$1.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MU-PERP | 1,043.7 | 0.0080 | pay 0.0010% / 1h | 45m 05s | $33K | — | 10x |
| Short | QFEX MU-USD | 1,043.3 | 0.0031 | get 0.0004% / 1h | 45m 05s | $7.9M | $22.9M | 10x |
Aevo MU-PERP
QFEX MU-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$4.22
- Funding while held
- −$1.48
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$31.7
- Spread needed to break even
- 0.260%
Slippage unknown: Aevo: no order-book sample; QFEX: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0049%
- Per $10,000 a day
- −$1.48
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 6 min ago | 1.01 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.9 bp −$789 | doesn't fit |
Aevo: 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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International1,041.3cheapestAftermath Perps1,041.3+0.003%ApeX Omni1,041.8+0.043%edgeX1,041.9+0.060%Variational Omni1,042+0.071%StandX1,042.2+0.090%Phoenix1,042.4+0.106%Ondo Perps1,042.8+0.140%Arcus1,042.9+0.157%Pacifica1,043.2+0.182%Nado1,043.3+0.190%
Coinbase International
ApeX Omni
Variational Omni
StandX
Phoenix
Ondo Perps
Arcus
Pacifica
NadoQFEX1,043.3+0.191%
Paradex1,043.3+0.197%HTX1,043.4+0.201%Extended1,043.5+0.212%RISEx1,043.5+0.213%Deribit1,043.5+0.215%KuCoin1,043.6+0.218%SoDEX1,043.6+0.219%Bitget1,043.6+0.221%Gate1,043.6+0.223%tradeXYZ1,043.7+0.230%Orderly1,043.7+0.230%
Paradex
HTX
Extended
RISEx
Deribit
KuCoin
SoDEX
Bitget
Gate
tradeXYZ
OrderlyAevo1,043.7+0.233%
Aster1,043.7+0.234%Lighter RH1,043.8+0.235%OKX1,043.8+0.238%Lighter1,043.8+0.241%Binance1,043.9+0.249%BloFin1,043.9+0.249%Polymarket Perps1,043.9+0.250%Bybit1,044+0.262%Vest1,044.1+0.273%Bullet1,044.2+0.275%SunX1,045.5+0.401%Injective1,050.7+0.904%
Aster
Lighter RH
OKX
Lighter
Binance
BloFin
Polymarket Perps
Bybit
Vest
Bullet
SunX
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International MU-PERP-INTX | −0.233% | +0.0144% | 1h | $780K | $1.7M | 10x | as long as short |
| Aftermath Perps MUUSD | −0.230% | +0.0143% | 1h | $3K | $44K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.190% | +0.0100% | 1h | $71K | $267K | 50x | as long as short |
| edgeX MUUSDC | −0.173% | +0.0771% | 4h | $1.3M | $672K | 10x | as long as short |
| Variational Omni MU | −0.162% | 0.0000% | 8h | $2.7M | $2.7M | — | as long as short |
| StandX MU-USD | −0.143% | 0.0000% | 1h | $188K | $2.7M | 20x | as long as short |
| Phoenix MU | −0.127% | +0.0154% | 1h | $528K | $192K | 15x | as long as short |
| Ondo Perps MU-USD.P | −0.093% | +0.0050% | 1h | $1.9M | $2.5M | 10x | as long as short |
| Arcus MU-USD | −0.076% | +0.0040% | 1h | $63K | $235K | 10x | as long as short |
| Pacifica MU | −0.051% | +0.0100% | 1h | $147K | $158K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado MU-PERP | −0.043% | +0.0045% | 1h | $336K | $781K | 10x | as long as short |
| QFEX MU-USDshort | −0.042% | +0.0031% | 1h | $7.9M | $22.9M | 10x | |
| Paradex MU-USD-PERP | −0.037% | +0.0051% | 8h | $2K | — | 5x | as long as short |
| HTX MU-USDT | −0.033% | 0.0000% | 8h | $127K | $443K | 50x | as long as short |
| Extended MU_24_5-USD | −0.022% | +0.0032% | 1h | $523K | $1.0M | 10x | as long as short |
| RISEx MU/USDC | −0.020% | 0.0000% | 1h | $285K | $330K | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.018% | 0.0000% | 1h | $54K | $129K | 10x | as long as short |
| KuCoin MUUSDTM | −0.015% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| SoDEX MU-USD | −0.014% | +0.0050% | 1h | $685K | $16K | 10x | as long as short |
| Bitget MUUSDT | −0.012% | +0.0023% | 8h | $20.1M | $40.0M | 50x | as long as short |
| Gate MU_USDT | −0.011% | 0.0000% | 8h | $64.6M | $26.8M | 75x | as long as short |
| tradeXYZ xyz:MU | −0.003% | +0.0050% | 1h | $177.3M | $96.4M | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | −0.003% | +0.0100% | 8h | $830 | $799 | 20x | as long as short |
| Aevo MU-PERPlong | 0.000% | +0.0080% | 1h | $33K | — | 10x | |
| Aster MUUSD1 | +0.001% | 0.0000% | 8h | $21.5M | $25.7M | 20x | as long as short |
| Lighter RH MU | +0.002% | +0.0032% | 1h | $1.0M | $4.2M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.005% | 0.0000% | 8h | $31.0M | $97.6M | 50x | as long as short |
| Lighter MU | +0.008% | +0.0032% | 1h | $984K | $4.6M | 20x | as long as short |
| Binance MUUSDT | +0.015% | 0.0000% | 8h | $126.8M | $498.6M | 50x | as long as short |
| BloFin MU-USDT | +0.015% | +0.0120% | 8h | $1.5M | $1.8M | 20x | as long as short |
| Polymarket Perps MU-USD | +0.016% | +0.0050% | 1h | $165K | $158K | 10x | as long as short |
| Bybit MUUSDT | +0.029% | 0.0000% | 8h | $18.0M | $29.9M | 100x | as long as short |
| Vest MU-USD-PERP | +0.039% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| Bullet MU-USD | +0.042% | 0.0000% | 1h | $24K | $399K | 10x | as long as short |
| SunX MU-USDT | +0.168% | 0.0000% | 8h | $11K | $6.7M | 10x | as long as short |
| Injective MU/USDC PERP | +0.669% | +0.0033% | 1h | $14K | $302 | 12x | as long as short |