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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.003%
Price spread now: Vest against Aster+0.010%7-day average +0.623% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.018%+$2 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.010%, 7d avg +0.623%
Together, before fees−0.018%+ Points / potential airdropAster: Stage 5 · Vest: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.612% cheaper against Aster than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.623%). If the spread goes back, that is −$61 on $10k: about 45 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.018% in total) that is about 4 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,037.40get 0.0000% / 8h1h 52m$21.1M$57.4M20x
ShortVest MU-USD-PERP1,037.50.0046get 0.0006% / 1h52m 05s$175K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$9.59
Price spread: +0.010% → +0.623%
−$61.24
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$61.65
Costs to cover
0.100%
Break-even
52.0 days
Slippage unknown: Aster: live order book, 2 min ago; Vest: no order-book sample. Net counts fees only.

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, 2 min ago0.05 bp8.9 bp −$99.3 bp −$93doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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 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−0.0451%4h1,038.8+0.137%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0082%8h1,037.4+0.001%$20.2M$41.4M50xas long as short
Aster MUUSD1long0.0000%8h1,037.4long leg$21.1M$57.4M20x
Binance MUUSDT0.0000%8h1,037.1−0.026%$121.6M$536.9M50xas long as short
Bybit MUUSDT0.0000%8h1,037.1−0.024%$18.6M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.3−0.011%$29.9M$101.4M50xas long as short
RISEx MU/USDC0.0000%1h1,037.6+0.020%$315K$384K20xas long as short
Gate MU_USDT0.0000%8h1,036.9−0.049%$61.4M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,038.8+0.133%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.9+0.143%$84K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,037.4+0.006%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,038.2+0.079%$11K$5.6M10xas long as short
HTX MU-USDT0.0000%8h1,036.8−0.053%$128K$441K50xas long as short
Bullet MU-USD+0.0007%1h1,037.4+0.003%$26K$390K10xas long as short
Nado MU-PERP+0.0018%1h1,037.2−0.019%$276K$816K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,038.5+0.109%$3K$44K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0020%1h1,037−0.036%$74K$543K10xas long as short
Lighter RH MU+0.0032%1h1,037−0.041%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,036.4−0.091%$544K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,037.5+0.016%$7.0M$18.4M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.348%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,038.5+0.106%$70K$230K10xas long as short
Vest MU-USD-PERPshort+0.0046%1h1,037.5+0.010%$175K25x
tradeXYZ xyz:MU+0.0050%1h1,036.6−0.075%$176.2M$89.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.1−0.027%$168K$196K10xas long as short
SoDEX MU-USD+0.0050%1h1,037−0.033%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.5+0.007%$1.8M$2.6M10xas long as short
Paradex MU-USD-PERP+0.0053%8h1,037.7+0.029%$2K5xas long as short
Lighter MU+0.0056%1h1,037−0.032%$1.1M$4.9M20xas long as short
Aevo MU-PERP+0.0080%1h1,036.7−0.067%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,037.6+0.019%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,036.7−0.065%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.2+0.175%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,036.9−0.042%$824$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,037.6+0.020%$732K$1.3M10xas long as short
BloFin MU-USDT+0.0120%8h1,038.1+0.073%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,039.4+0.195%$532K$270K15xas long as short