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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0142%/8h= +15.5% APRpaid last 24h +0.023%
Price spread now: Nado against Bitget−0.094%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.003%$0 on $10k
Price spread, last 7 days−0.016%−$2 · spread now −0.094%, 7d avg −0.034%
Together, before fees−0.013%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.061% cheaper against Bitget than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.034%). If the spread goes back, that is −$6 on $10k: about 34 hours of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.003% in total) that is about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUUSDT1,040.30get 0.0000% / 8h5h 02m$19.8M$43.7M50x
ShortNado MU-PERP1,039.30.0142get 0.0018% / 1h2m 29s$276K$835K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bitget. 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
$29.75
Price spread: −0.094% → −0.034%
−$6.08
Slippage, 4 orders
−$11.93
Fee Bitget: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$7.26
Costs to cover
0.309%
Break-even
8.7 days
Slippage from Bitget: live order book, 5 min ago; Nado: live order book, 44 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 Bitget live order book, 5 min ago0.05 bp8.5 bp −$810.3 bp −$103doesn't fitdoesn't fit
Sell Nado live order book, 44 min ago0.05 bp7.3 bp −$725.7 bp −$257doesn't fitdoesn't fit

MU on 37 exchanges

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−0.0919%4h1,040.1−0.015%$1.3M$696K10xas long as short
Aster MUUSD10.0000%8h1,040.4+0.012%$21.2M$73.6M20xas long as short
Binance MUUSDT0.0000%8h1,040.2−0.007%$122.2M$554.9M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,040.3−0.001%$29.9M$107.2M50xas long as short
Gate MU_USDT0.0000%8h1,040.3−0.005%$61.4M$28.3M75xas long as short
Bitget MUUSDTlong0.0000%8h1,040.3long leg$19.8M$43.7M50x
Variational Omni MU0.0000%8h1,040.3−0.004%$2.6M$2.5Mas long as short
StandX MU-USD0.0000%1h1,039.8−0.053%$188K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,041.7+0.130%$11K$5.0M10xas long as short
HTX MU-USDT0.0000%8h1,040−0.031%$120K$473K50xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,040.2−0.013%$1.1M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.063%$19K$5K12xas long as short
Aftermath Perps MUUSD+0.0037%1h1,040−0.032%$3K$41K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,041.1+0.075%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,039.9−0.038%$169K$163K10xas long as short
SoDEX MU-USD+0.0050%1h1,039.9−0.043%$684K$14K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,039.1−0.115%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0058%1h1,040−0.026%$7.0M$19.4M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0058%1h1,039.5−0.078%$32K$730K10xas long as short
Aevo MU-PERP+0.0080%1h1,039.4−0.088%$32K$1K10xas long as short
Paradex MU-USD-PERP+0.0081%8h1,040.1−0.019%$2K5xas long as short
Pacifica MU+0.0100%1h1,040.3+0.004%$152K$228K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,039.9−0.038%$5.2M$6.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.6−0.071%$71K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,039.8−0.044%$827$79920xas long as short
Bybit MUUSDT+0.0100%8h1,040.3−0.005%$18.9M$32.3M100xas long as short
RISEx MU/USDC+0.0118%1h1,040.3+0.003%$299K$335K20xas long as short
BloFin MU-USDT+0.0120%8h1,040−0.027%$1.5M$2.7M20xas long as short
Arcus MU-USD+0.0139%1h1,039.7−0.056%$90K$160K10xas long as short
Nado MU-PERPshort+0.0142%1h1,039.3−0.094%$276K$835K10x
GRVT MU_USDT_Perp+0.0158%8h1,040.3−0.004%$73K$1.4M10xas long as short
Lighter MU+0.0168%1h1,040.3−0.004%$1.0M$5.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0192%1h1,037.9−0.233%$727K$1.2M10xas long as short
tradeXYZ xyz:MU+0.0233%1h1,040.30.000%$177.9M$75.0M10xas long as short
Bullet MU-USD+0.0236%1h1,039.7−0.054%$26K$384K10xas long as short
Extended MU_24_5-USD+0.0296%1h1,039.1−0.113%$552K$1.1M10xas long as short
Phoenix MU+0.0308%1h1,040.4+0.010%$532K$159K15xas long as short