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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.017%
Price spread now: Bullet against Aster−0.032%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.106%+$11 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.032%, 7d avg +0.003%
Together, before fees+0.119%+ Points / potential airdropAster: Stage 5 · farm board+$12 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: Bullet is 0.035% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,038.80get 0.0000% / 8h1h 14m$21.1M$61.0M20x
ShortBullet MU-USD1,038.50get 0.0000% / 1h14m 57s$26K$390K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$0
Price spread: −0.032% → +0.003%
−$3.49
Slippage, 4 orders
−$11.9
Fee Aster: 4 bp × 2 orders
−$8
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$31.39
Costs to cover
0.279%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; Bullet: live order book, 29 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, 4 min ago0.72 bp9.0 bp −$910.2 bp −$102doesn't fitdoesn't fit
Sell Bullet live order book, 29 min ago0.96 bp6.6 bp −$720.6 bp −$206doesn'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−0.0331%4h1,039.1+0.027%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0167%8h1,038.7−0.015%$20.2M$40.4M50xas long as short
Nado MU-PERP−0.0011%1h1,038.3−0.052%$279K$814K10xas long as short
Aster MUUSD1long0.0000%8h1,038.8long leg$21.1M$61.0M20x
Binance MUUSDT0.0000%8h1,038.6−0.025%$122.1M$538.7M50xas long as short
Bybit MUUSDT0.0000%8h1,038.5−0.034%$18.7M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.3−0.055%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,038.5−0.034%$313K$387K20xas long as short
Gate MU_USDT0.0000%8h1,038.4−0.043%$61.6M$28.7M75xas long as short
Variational Omni MU0.0000%8h1,038.4−0.047%$2.5M$2.6Mas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MU_USDT_Perp0.0000%8h1,038.8−0.004%$84K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,038.4−0.040%$188K$3.5M20xas long as short
Bullet MU-USDshort0.0000%1h1,038.5−0.032%$26K$390K10x
SunX MU-USDT0.0000%8h1,039.8+0.087%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.2−0.061%$74K$573K10xas long as short
HTX MU-USDT0.0000%8h1,038.3−0.049%$128K$442K50xas long as short
Aftermath Perps MUUSD+0.0013%1h1,038.3−0.055%$3K$44K10xas long as short
Lighter MU+0.0032%1h1,038.6−0.022%$1.1M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,038.5−0.038%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,038−0.082%$537K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,038.3−0.050%$7.0M$18.7M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.205%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,038.2−0.060%$90K$250K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.8−0.008%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.3−0.052%$176.4M$86.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.1−0.072%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.5−0.038%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.9−0.092%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,038.5−0.033%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,038−0.083%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,038.4−0.040%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.2−0.062%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.8−0.001%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.3−0.049%$825$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,036−0.272%$731K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,038.6−0.024%$1.4M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,039.4+0.054%$532K$270K15xas long as short