After costs, if the gap returns to its 7d average, $10k−$24
spread now−0.040%7d average−0.040%fees + slippage, in and out−$24spread needed0.244%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUUSDT | 1,041.5 | 0 | get 0.0000% / 8h | 5h 49m | $126.5M | $497.5M | 50x |
| Short | Polymarket Perps MU-USD | 1,041.1 | 0.0050 | get 0.0006% / 1h | 49m 41s | $164K | $158K | 10x |
Binance MUUSDT
Polymarket Perps MU-USDPrice 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
- −$4.03
- Funding while held
- $1.5
- Slippage, 4 orders
- −$6.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$26.91
- Spread needed to break even
- 0.244%
Slippage from Binance: live order book, 11 min ago; Polymarket Perps: live order book, 49 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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, 11 min ago | 0.05 bp | 5.6 bp −$6 | 6.9 bp −$69 | 12.1 bp −$1,210 | 30.4 bp −$15.2K |
| Sell Polymarket Perps live order book, 49 min ago | 1.92 bp | 6.4 bp −$6 | 8.9 bp −$89 | 10.0 bp −$1,003 | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps1,040.4cheapestAftermath Perps1,040.7+0.027%Variational Omni1,040.8+0.040%edgeX1,040.8+0.041%Extended1,040.9+0.053%Nado1,040.9+0.053%ApeX Omni1,041+0.061%HTX1,041+0.063%StandX1,041.1+0.067%
Ondo Perps
Variational Omni
Extended
Nado
ApeX Omni
HTX
StandXPolymarket Perps1,041.1+0.069%
Arcus1,041.2+0.074%OKX1,041.2+0.076%Bitget1,041.2+0.077%BloFin1,041.2+0.077%Paradex1,041.3+0.087%Bullet1,041.3+0.088%Aevo1,041.3+0.088%KuCoin1,041.3+0.088%Phoenix1,041.3+0.088%Coinbase International1,041.3+0.088%QFEX1,041.3+0.091%Gate1,041.4+0.094%Pacifica1,041.4+0.097%tradeXYZ1,041.4+0.098%Lighter RH1,041.5+0.105%RISEx1,041.5+0.108%Bybit1,041.5+0.109%
Arcus
OKX
Bitget
BloFin
Paradex
Bullet
Aevo
KuCoin
Phoenix
Coinbase International
QFEX
Gate
Pacifica
tradeXYZ
Lighter RH
RISEx
BybitBinance1,041.5+0.110%
Vest1,041.5+0.111%SoDEX1,041.6+0.112%Lighter1,041.6+0.121%Deribit1,041.7+0.124%Aster1,041.8+0.136%Orderly1,041.9+0.141%SunX1,042.9+0.239%Injective1,050.7+0.993%
Vest
SoDEX
Lighter
Deribit
Aster
Orderly
SunX
InjectiveMU 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 | −0.109% | +0.0050% | 1h | $1.9M | $2.5M | 10x | as long as short |
| Aftermath Perps MUUSD | −0.083% | +0.0153% | 1h | $3K | $44K | 10x | as long as short |
| Variational Omni MU | −0.070% | 0.0000% | 8h | $2.7M | $2.7M | — | as long as short |
| edgeX MUUSDC | −0.068% | +0.0025% | 4h | $1.3M | $671K | 10x | as long as short |
| Extended MU_24_5-USD | −0.057% | +0.0032% | 1h | $523K | $1.0M | 10x | as long as short |
| Nado MU-PERP | −0.056% | +0.0054% | 1h | $334K | $781K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.049% | +0.0100% | 1h | $71K | $267K | 50x | as long as short |
| HTX MU-USDT | −0.046% | 0.0000% | 8h | $126K | $443K | 50x | as long as short |
| StandX MU-USD | −0.042% | 0.0000% | 1h | $188K | $2.7M | 20x | as long as short |
| Polymarket Perps MU-USDshort | −0.040% | +0.0050% | 1h | $164K | $158K | 10x |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus MU-USD | −0.036% | +0.0040% | 1h | $63K | $235K | 10x | as long as short |
| OKX MU-USDT-SWAP | −0.034% | 0.0000% | 8h | $31.0M | $97.3M | 50x | as long as short |
| Bitget MUUSDT | −0.033% | +0.0025% | 8h | $20.1M | $40.0M | 50x | as long as short |
| BloFin MU-USDT | −0.033% | +0.0120% | 8h | $1.5M | $1.8M | 20x | as long as short |
| Paradex MU-USD-PERP | −0.022% | +0.0051% | 8h | $2K | — | 5x | as long as short |
| Bullet MU-USD | −0.022% | 0.0000% | 1h | $24K | $400K | 10x | as long as short |
| Aevo MU-PERP | −0.021% | +0.0080% | 1h | $33K | — | 10x | as long as short |
| KuCoin MUUSDTM | −0.021% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Phoenix MU | −0.021% | +0.0154% | 1h | $528K | $192K | 15x | as long as short |
| Coinbase International MU-PERP-INTX | −0.021% | +0.0144% | 1h | $780K | $1.7M | 10x | as long as short |
| QFEX MU-USD | −0.018% | +0.0031% | 1h | $7.8M | $22.9M | 10x | as long as short |
| Gate MU_USDT | −0.015% | 0.0000% | 8h | $64.6M | $26.7M | 75x | as long as short |
| Pacifica MU | −0.012% | +0.0100% | 1h | $147K | $158K | 10x | as long as short |
| tradeXYZ xyz:MU | −0.012% | +0.0050% | 1h | $177.9M | $95.9M | 10x | as long as short |
| Lighter RH MU | −0.005% | +0.0032% | 1h | $1.0M | $4.2M | 10x | as long as short |
| RISEx MU/USDC | −0.001% | 0.0000% | 1h | $284K | $330K | 20x | as long as short |
| Bybit MUUSDT | −0.001% | 0.0000% | 8h | $18.0M | $29.7M | 100x | as long as short |
| Binance MUUSDTlong | 0.000% | 0.0000% | 8h | $126.5M | $497.5M | 50x | |
| Vest MU-USD-PERP | +0.002% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| SoDEX MU-USD | +0.003% | +0.0050% | 1h | $684K | $16K | 10x | as long as short |
| Lighter MU | +0.012% | +0.0032% | 1h | $982K | $4.6M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.014% | 0.0000% | 1h | $54K | $127K | 10x | as long as short |
| Aster MUUSD1 | +0.026% | 0.0000% | 8h | $21.4M | $24.8M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.032% | +0.0100% | 8h | $828 | $799 | 20x | as long as short |
| SunX MU-USDT | +0.130% | 0.0000% | 8h | $11K | $6.7M | 10x | as long as short |
| Injective MU/USDC PERP | +0.882% | +0.0033% | 1h | $14K | $302 | 12x | as long as short |