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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.013%
Price spread now: Aster against ApeX Omni−0.002%49s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.489% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.148%−$15 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.002%, 7d avg +0.007%
Together, before fees−0.095%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MUUSDT1,038.50.0100pay 0.0013% / 1h4m 48s$70K$270K50x
ShortAster MUUSD11,038.50get 0.0000% / 8h4m 48s$21.2M$67.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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
−$21
Price spread: −0.002% → +0.007%
−$0.82
Slippage, 4 orders
−$30.88
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$70.69
Costs to cover
0.489%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 32 min ago; Aster: live order book, 4 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 ApeX Omni live order book, 32 min ago6.31 bp18.4 bp −$18182.2 bp −$1,822doesn't fitdoesn't fit
Sell Aster live order book, 4 min ago1.35 bp7.1 bp −$717.9 bp −$179doesn't fitdoesn'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−0.0555%4h1,038.3−0.020%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0137%8h1,038.5+0.002%$20.2M$39.9M50xas long as short
Aster MUUSD1short0.0000%8h1,038.5−0.002%$21.2M$67.7M20x
Binance MUUSDT0.0000%8h1,038.3−0.019%$122.5M$536.8M50xas long as short
Bybit MUUSDT0.0000%8h1,038.5−0.002%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.2−0.031%$29.8M$100.0M50xas long as short
RISEx MU/USDC0.0000%1h1,038.50.000%$312K$385K20xas long as short
Gate MU_USDT0.0000%8h1,038.2−0.032%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,038.3−0.018%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.4−0.004%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.4−0.007%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.7+0.118%$11K$5.5M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.1−0.039%$74K$621K10xas long as short
HTX MU-USDT0.0000%8h1,038.3−0.020%$126K$481K50xas long as short
Bullet MU-USD+0.0007%1h1,038.5+0.002%$25K$388K10xas long as short
Nado MU-PERP+0.0018%1h1,038.1−0.036%$280K$804K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,038.4−0.011%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.3−0.021%$7.0M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,038.2−0.030%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.6−0.087%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.240%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.3−0.019%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.8−0.065%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.4−0.006%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038−0.046%$176.3M$80.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.2−0.027%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.1−0.041%$681K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,038.1−0.035%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.6−0.087%$1.9M$2.7M10xas long as short
Aevo MU-PERP+0.0080%1h1,037.9−0.058%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3−0.013%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,037.8−0.063%$144K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038−0.047%$5.2M$4.2M20xas long as short
ApeX Omni MUUSDTlong+0.0100%1h1,038.5long leg$70K$270K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.3−0.020%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.3−0.017%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.7+0.021%$531K$270K15xas long as short