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 0.000%
Price spread now: Orderly against Binance−0.018%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUSDT1,036.40get 0.0000% / 8h51m 21s$122.0M$538.2M50x
ShortOrderly PERP_MU_USDC_mythos1,036.20.0100get 0.0100% / 8h51m 21s$824$79920x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.018% → 0.000%
−$1.83
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$3.17
Costs to cover
0.160%
Break-even
5.9 days
Slippage unknown: Binance: live order book, 7 min ago; Orderly: 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 Binance live order book, 7 min ago0.14 bp5.9 bp −$67.0 bp −$7017.5 bp −$1,751doesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0721%4h1,036−0.038%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0215%8h1,036.7+0.027%$20.2M$40.0M50xas long as short
Aster MUUSD10.0000%8h1,036.7+0.028%$21.1M$64.5M20xas long as short
Binance MUUSDTlong0.0000%8h1,036.4long leg$122.0M$538.2M50x
Bybit MUUSDT0.0000%8h1,036.4+0.001%$18.7M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,036.1−0.028%$29.7M$100.0M50xas long as short
RISEx MU/USDC0.0000%1h1,036.4−0.003%$313K$385K20xas long as short
Gate MU_USDT0.0000%8h1,036.2−0.023%$61.4M$28.2M75xas long as short
Variational Omni MU0.0000%8h1,035.7−0.070%$2.5M$2.5Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,035.8−0.062%$82K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.1−0.029%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,037.7+0.124%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,035.7−0.065%$74K$592K10xas long as short
HTX MU-USDT0.0000%8h1,035.7−0.071%$127K$460K50xas long as short
Aftermath Perps MUUSD+0.0016%1h1,035.9−0.049%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,036.1−0.026%$7.0M$18.8M10xas long as short
Nado MU-PERP+0.0028%1h1,036−0.044%$277K$807K10xas long as short
Lighter RH MU+0.0032%1h1,036.3−0.014%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,035.7−0.070%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.442%$19K$5K12xas long as short
Bullet MU-USD+0.0037%1h1,036.4−0.005%$24K$390K10xas long as short
Arcus MU-USD+0.0040%1h1,035.6−0.079%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,036.1−0.032%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,036−0.040%$176.2M$84.0M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,036−0.040%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,035.9−0.052%$680K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,034.7−0.169%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,036.5+0.010%$2K5xas long as short
Lighter MU+0.0056%1h1,036.7+0.030%$1.0M$4.9M20xas long as short
Aevo MU-PERP+0.0080%1h1,036−0.040%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.8+0.229%$734K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,036.4−0.006%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,036−0.044%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,036.6+0.018%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythosshort+0.0100%8h1,036.2−0.018%$824$79920x
BloFin MU-USDT+0.0120%8h1,036.2−0.024%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,035.6−0.078%$530K$270K15xas long as short