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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.44 per $10,000 · paid last 24h −0.008%
Price spread now: Bitget against Aster−0.098%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$300.301% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.117%+$12 on $10k
Price spread, last 7 days+0.132%+$13 · spread now −0.098%, 7d avg +0.011%
Together, before fees+0.249%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.109% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.011%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.117%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,026.30get 0.0000% / 8h7h 31m$20.9M$69.0M20x
ShortBitget MUUSDT1,025.3−0.0044pay 0.0044% / 8h7h 31m$19.7M$40.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
−$9.24
Price spread: −0.098% → +0.011%
−$10.93
Slippage, 4 orders
−$10.11
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$50.28
Costs to cover
0.301%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; Bitget: live order book, 3 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 Aster live order book, 3 min ago0.97 bp7.0 bp −$77.8 bp −$78doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.58 bp7.1 bp −$79.9 bp −$99doesn'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−0.0820%4h1,027.6+0.130%$1.3M$696K10xas long as short
Bitget MUUSDTshort−0.0044%8h1,025.3−0.098%$19.7M$40.5M50x
Aster MUUSD1long0.0000%8h1,026.3long leg$20.9M$69.0M20x
Binance MUUSDT0.0000%8h1,025.6−0.068%$121.5M$546.7M50xas long as short
Bybit MUUSDT0.0000%8h1,025.5−0.079%$18.5M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,025.2−0.101%$29.3M$101.6M50xas long as short
RISEx MU/USDC0.0000%1h1,025.6−0.066%$308K$373K20xas long as short
Gate MU_USDT0.0000%8h1,025.4−0.087%$61.9M$28.1M75xas long as short
Variational Omni MU0.0000%8h1,028.1+0.176%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,028.5+0.220%$72K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,026.3+0.002%$186K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,026.2−0.003%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,025.8−0.050%$119K$489K50xas long as short
QFEX MU-USD+0.0027%1h1,024.9−0.134%$6.9M$18.9M10xas long as short
Aftermath Perps MUUSD+0.0027%1h1,027.2+0.090%$3K$43K10xas long as short
Lighter RH MU+0.0032%1h1,024.9−0.129%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,024.6−0.160%$541K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.445%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,024.9−0.134%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,025.1−0.116%$179K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,024.6−0.163%$166K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,025.2−0.102%$673K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,024.2−0.200%$1.9M$3.0M10xas long as short
Lighter MU+0.0056%1h1,025−0.121%$969K$5.0M20xas long as short
Paradex MU-USD-PERP+0.0057%8h1,025.1−0.110%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,024.7−0.153%$31K$1K10xas long as short
Nado MU-PERP+0.0081%1h1,024.9−0.134%$264K$815K10xas long as short
tradeXYZ xyz:MU+0.0081%1h1,025.1−0.114%$173.4M$80.0M10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,029.2+0.286%$719K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,024.8−0.140%$145K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,025.2−0.105%$5.1M$4.6M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,027.7+0.143%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,025.9−0.040%$816$79920xas long as short
Bullet MU-USD+0.0103%1h1,025.6−0.066%$25K$388K10xas long as short
BloFin MU-USDT+0.0120%8h1,028+0.165%$1.5M$2.2M20xas long as short
Phoenix MU+0.0231%1h1,027.6+0.130%$526K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0365%1h1,025.1−0.113%$72K$629K10xas long as short