Spread before costs (cost unknown: a leg has no order-book sample)+1.186%
7d average+5.238%if it closes, per $10,000$119funding while held, a day−$7.95
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUUSDT | 1,038.4 | 0.0045 | pay 0.0045% / 8h | 1h 29m | $130.9M | $396.5M | 50x |
| Short | Injective MU/USDC PERP | 1,050.7 | −0.0220 | pay 0.0028% / 1h | 29m 22s | $14K | $225K | 12x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $118.64
- Funding while held
- −$7.95
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $100.67
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 16 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0265%
- Per $10,000 a day
- −$7.95
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 16 min ago | 0.05 bp | 5.1 bp −$5 | 6.8 bp −$68 | 15.6 bp −$1,563 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 price on every exchange
against the cheapest. Click to use as the short leg.MU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | −0.246% | +0.0050% | 1h | $2.0M | $2.3M | 10x | as long as short |
| ApeX Omni MUUSDT | −0.196% | +0.0100% | 1h | $70K | $266K | 50x | as long as short |
| Aftermath Perps MUUSD | −0.195% | +0.0216% | 1h | $3K | $44K | 10x | as long as short |
| Arcus MU-USD | −0.179% | +0.0040% | 1h | $64K | $172K | 10x | as long as short |
| Pacifica MU | −0.171% | +0.0100% | 1h | $156K | $95K | 10x | as long as short |
| Aster MUUSD1 | −0.166% | 0.0000% | 8h | $21.3M | $8.9M | 20x | as long as short |
| edgeX MUUSDC | −0.161% | +0.0686% | 4h | $1.3M | $669K | 10x | as long as short |
| StandX MU-USD | −0.151% | 0.0000% | 1h | $188K | $937K | 20x | as long as short |
| QFEX MU-USD | −0.149% | +0.0036% | 1h | $7.8M | $21.9M | 10x | as long as short |
| Polymarket Perps MU-USD | −0.144% | +0.0050% | 1h | $165K | $171K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex MU-USD-PERP | −0.137% | +0.0072% | 8h | $2K | — | 5x | as long as short |
| RISEx MU/USDC | −0.101% | +0.0077% | 1h | $282K | $297K | 20x | as long as short |
| Gate MU_USDT | −0.099% | 0.0000% | 8h | $66.1M | $22.8M | 75x | as long as short |
| Nado MU-PERP | −0.086% | +0.0170% | 1h | $282K | $659K | 10x | as long as short |
| Extended MU_24_5-USD | −0.080% | +0.0032% | 1h | $512K | $919K | 10x | as long as short |
| Variational Omni MU | −0.080% | +0.0021% | 8h | $2.7M | $2.6M | — | as long as short |
| Vest MU-USD-PERP | −0.068% | +0.0046% | 1h | — | $150K | 25x | as long as short |
| tradeXYZ xyz:MU | −0.066% | +0.0050% | 1h | $175.1M | $88.4M | 10x | as long as short |
| KuCoin MUUSDTM | −0.056% | +0.0100% | 8h | $5.2M | $3.3M | 20x | as long as short |
| Phoenix MU | −0.047% | +0.0229% | 1h | $526K | $187K | 15x | as long as short |
| Aevo MU-PERP | −0.037% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Lighter RH MU | −0.034% | +0.0032% | 1h | $1.2M | $4.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.017% | +0.0184% | 1h | $53K | $75K | 10x | as long as short |
| Lighter MU | −0.016% | +0.0064% | 1h | $973K | $4.3M | 20x | as long as short |
| OKX MU-USDT-SWAP | −0.008% | 0.0000% | 8h | $30.7M | $82.1M | 50x | as long as short |
| SoDEX MU-USD | −0.007% | +0.0050% | 1h | $688K | $9K | 10x | as long as short |
| HTX MU-USDT | −0.006% | 0.0000% | 8h | $129K | $420K | 50x | as long as short |
| Bullet MU-USD | −0.003% | +0.0199% | 1h | $25K | $398K | 10x | as long as short |
| Binance MUUSDTlong | 0.000% | +0.0045% | 8h | $130.9M | $396.5M | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.010% | +0.0100% | 8h | $826 | $799 | 20x | as long as short |
| Bybit MUUSDT | +0.015% | 0.0000% | 8h | $18.6M | $26.9M | 100x | as long as short |
| BloFin MU-USDT | +0.016% | +0.0165% | 8h | $1.5M | $1.3M | 20x | as long as short |
| Bitget MUUSDT | +0.035% | +0.0102% | 8h | $20.6M | $33.1M | 50x | as long as short |
| SunX MU-USDT | +0.058% | 0.0000% | 8h | $11K | $5.3M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.118% | +0.0192% | 1h | $824K | $1.3M | 10x | as long as short |
| Injective MU/USDC PERPshort | +1.186% | −0.0220% | 1h | $14K | $225K | 12x |
Binance MUUSDT
Injective MU/USDC PERP
ApeX Omni
Pacifica
Aster
StandX
Polymarket Perps
Paradex
RISEx
Gate
Extended
Variational Omni
tradeXYZ
KuCoin
Phoenix
Lighter RH
Deribit
Lighter
OKX
SoDEX
HTX
Bullet
Bybit
BloFin
Bitget
SunX
Coinbase International