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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against Binance−0.002%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$310.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.160%−$16 on $10k
Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.002%, 7d avg +0.012%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUSDT1,038.30get 0.0000% / 8h5m 56s$122.5M$536.9M50x
ShortHTX MU-USDT1,038.30get 0.0000% / 8h5m 56s$126K$481K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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: −0.002% → +0.012%
−$1.39
Slippage, 4 orders
−$9.03
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$32.42
Costs to cover
0.310%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; HTX: live order book, 32 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 Binance live order book, 8 min ago0.05 bp6.0 bp −$67.8 bp −$7818.0 bp −$1,801doesn't fit
Sell HTX live order book, 32 min ago3.47 bp9.5 bp −$99.5 bp −$9516.7 bp −$1,674doesn'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−0.0764%4h1,037.8−0.051%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0140%8h1,038.4+0.009%$20.2M$39.9M50xas long as short
Aster MUUSD10.0000%8h1,038.4+0.011%$21.2M$67.5M20xas long as short
Binance MUUSDTlong0.0000%8h1,038.3long leg$122.5M$536.9M50x
Bybit MUUSDT0.0000%8h1,038.4+0.007%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038−0.030%$29.8M$100.0M50xas long as short
RISEx MU/USDC0.0000%1h1,038.5+0.012%$313K$384K20xas long as short
Gate MU_USDT0.0000%8h1,038.2−0.013%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,037.8−0.055%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037.9−0.039%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.3−0.002%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.7+0.131%$11K$5.5M10xas long as short
HTX MU-USDTshort0.0000%8h1,038.3−0.002%$126K$481K50x
Bullet MU-USD+0.0007%1h1,038.4+0.010%$25K$388K10xas long as short
Nado MU-PERP+0.0017%1h1,037.8−0.052%$280K$804K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,038.4+0.009%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.2−0.017%$7.0M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,038.1−0.021%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.8−0.049%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.255%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.2−0.013%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.8−0.050%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.4+0.005%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.9−0.041%$176.3M$80.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.1−0.022%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.2−0.016%$681K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,038.3−0.004%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.8−0.048%$1.9M$2.7M10xas long as short
Aevo MU-PERP+0.0080%1h1,037.9−0.041%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3+0.001%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038−0.029%$145K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038−0.034%$5.2M$4.1M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038−0.034%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.3−0.006%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.3+0.001%$1.5M$2.1M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0203%1h1,038.1−0.021%$74K$620K10xas long as short
Phoenix MU+0.0232%1h1,038.7+0.036%$531K$270K15xas long as short