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+0.0118%/8h= +12.9% APRpaid last 24h +0.037%
Price spread now: RISEx against Bitget−0.004%58s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.237% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.023%+$2 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.004%, 7d avg +0.005%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUUSDT1,038.70get 0.0000% / 8h5h 26m$19.8M$43.7M50x
ShortRISEx MU/USDC1,038.70.0118get 0.0015% / 1h26m 42s$299K$339K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$24.77
Price spread: −0.004% → +0.005%
−$0.88
Slippage, 4 orders
−$5.66
Fee Bitget: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$0.22
Costs to cover
0.237%
Break-even
6.9 days
Slippage from Bitget: live order book, 5 min ago; RISEx: live order book, 19 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 bp8.6 bp −$910.4 bp −$104doesn't fitdoesn't fit
Sell RISEx live order book, 19 min ago0.82 bp3.8 bp −$45.7 bp −$57doesn'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−0.0362%4h1,038.6−0.016%$1.3M$694K10xas long as short
Aster MUUSD10.0000%8h1,038.9+0.020%$21.2M$73.6M20xas long as short
Binance MUUSDT0.0000%8h1,039+0.026%$121.9M$555.6M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.6−0.011%$29.7M$106.9M50xas long as short
Gate MU_USDT0.0000%8h1,038.5−0.018%$61.3M$28.1M75xas long as short
Bitget MUUSDTlong0.0000%8h1,038.7long leg$19.8M$43.7M50x
Variational Omni MU0.0000%8h1,038.4−0.027%$2.6M$2.5Mas long as short
StandX MU-USD0.0000%1h1,038−0.074%$188K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,040.3+0.153%$11K$5.0M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,037.8−0.091%$33K$733K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,038.3−0.039%$119K$473K50xas long as short
Lighter RH MU+0.0032%1h1,038.5−0.025%$1.1M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.217%$19K$5K12xas long as short
Aftermath Perps MUUSD+0.0036%1h1,038.3−0.037%$3K$41K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,039.5+0.079%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.4−0.031%$169K$167K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.5−0.024%$683K$14K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.9−0.078%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0058%1h1,038.7−0.007%$7.0M$19.4M10xas long as short
Paradex MU-USD-PERP+0.0075%8h1,038.5−0.020%$2K5xas long as short
Bybit MUUSDT+0.0077%8h1,038.8+0.004%$18.9M$32.4M100xas long as short
Aevo MU-PERP+0.0080%1h1,038.1−0.056%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,038.2−0.051%$151K$228K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.3−0.043%$5.2M$6.3M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037.7−0.095%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.2−0.050%$825$79920xas long as short
GRVT MU_USDT_Perp+0.0116%8h1,038.7−0.006%$84K$1.4M10xas long as short
RISEx MU/USDCshort+0.0118%1h1,038.7−0.004%$299K$339K20x
BloFin MU-USDT+0.0120%8h1,038.7−0.002%$1.5M$2.6M20xas long as short
Nado MU-PERP+0.0131%1h1,038−0.068%$276K$839K10xas long as short
Arcus MU-USD+0.0139%1h1,038−0.071%$90K$140K10xas long as short
Lighter MU+0.0160%1h1,038.5−0.018%$1.0M$5.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0192%1h1,037.9−0.081%$727K$1.2M10xas long as short
tradeXYZ xyz:MU+0.0221%1h1,038.3−0.040%$177.2M$75.5M10xas long as short
Bullet MU-USD+0.0222%1h1,038.8+0.008%$25K$383K10xas long as short
Extended MU_24_5-USD+0.0240%1h1,037.9−0.083%$546K$1.1M10xas long as short
Phoenix MU+0.0308%1h1,038.6−0.012%$532K$159K15xas long as short