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% APRnext payment +$1.00 per $10,000 · paid last 24h +0.013%
Price spread now: KuCoin against Aster−0.039%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.134%+$13 on $10k
Price spread, last 7 days+0.040%+$4 · spread now −0.039%, 7d avg −0.039%
Together, before fees+0.175%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,052.20get 0.0000% / 8h4h 05m$21.4M$55.0M20x
ShortKuCoin MUUSDTM1,051.80.0100get 0.0100% / 8h4h 05m$5.3M$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.039% → −0.039%
$0.06
Slippage, 4 orders
−$15.47
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$14.41
Costs to cover
0.355%
Break-even
11.8 days
Slippage from Aster: live order book, 3 min ago; KuCoin: live order book, 2 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 ago0.28 bp6.1 bp −$68.0 bp −$80doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago3.33 bp13.2 bp −$1325.0 bp −$250doesn'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−0.0884%4h1,052−0.027%$1.3M$671K10xas long as short
Aster MUUSD1long0.0000%8h1,052.2long leg$21.4M$55.0M20x
OKX MU-USDT-SWAP0.0000%8h1,052−0.022%$31.2M$99.5M50xas long as short
RISEx MU/USDC0.0000%1h1,052.3+0.004%$340K$351K20xas long as short
Gate MU_USDT0.0000%8h1,051.9−0.028%$62.3M$27.5M75xas long as short
Variational Omni MU0.0000%8h1,052−0.025%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.4+0.014%$81K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,052−0.020%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,052.5+0.027%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,051.7−0.054%$131K$434K50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MUUSDT+0.0011%8h1,052.1−0.015%$19.1M$32.2M100xas long as short
Aftermath Perps MUUSD+0.0022%1h1,052.1−0.014%$3K$44K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0026%1h1,051.9−0.032%$72K$448K10xas long as short
Binance MUUSDT+0.0027%8h1,051.9−0.030%$126.4M$516.3M50xas long as short
Lighter RH MU+0.0032%1h1,051.9−0.033%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.4−0.083%$566K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.083%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,052−0.019%$7.1M$17.8M10xas long as short
Arcus MU-USD+0.0040%1h1,051.9−0.029%$71K$234K10xas long as short
Nado MU-PERP+0.0042%1h1,052.1−0.016%$282K$835K10xas long as short
Bullet MU-USD+0.0044%1h1,052.1−0.010%$26K$395K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,053.4+0.112%$176K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,051.8−0.042%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052−0.021%$690K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.4−0.084%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,052.1−0.015%$2K5xas long as short
Bitget MUUSDT+0.0053%8h1,052.1−0.014%$20.5M$41.1M50xas long as short
Lighter MU+0.0056%1h1,051.9−0.028%$1.1M$5.1M20xas long as short
tradeXYZ xyz:MU+0.0064%1h1,051.6−0.061%$178.6M$98.0M10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,052.9+0.062%$759K$1.2M10xas long as short
Aevo MU-PERP+0.0088%1h1,051.8−0.043%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,052−0.022%$148K$185K10xas long as short
KuCoin MUUSDTMshort+0.0100%8h1,051.8−0.039%$5.3M$3.4M20x
ApeX Omni MUUSDT+0.0100%1h1,052−0.019%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052−0.025%$836$79920xas long as short
BloFin MU-USDT+0.0125%8h1,052.3+0.001%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.4+0.015%$538K$271K15xas long as short