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−0.0187%/8h= −20.5% APRnext payment $1.87 per $10,000 · paid last 24h −0.048%
Price spread now: Aster against BloFin+0.018%62s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.210% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.367%−$37 on $10k
Price spread, last 4 days (all we have)+0.262%+$26 · spread now +0.018%, 7d avg −0.004%
Together, before fees−0.106%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.022% dearer against BloFin than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.004%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MU-USDT1,050.10.0253pay 0.0253% / 8h5h 26m$1.5M$2.0M20x
ShortAster MUUSD11,050.30.0066get 0.0066% / 8h5h 26m$21.4M$52.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$39.31
Price spread: +0.018% → −0.004%
$2.22
Slippage, 4 orders
−$1.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$58.11
Costs to cover
0.210%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Aster: live order book, 3 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 BloFin live order book, 2 min ago0.05 bp6.6 bp −$77.8 bp −$7814.6 bp −$1,465doesn't fit
Sell Aster live order book, 3 min ago0.05 bp4.1 bp −$47.5 bp −$75doesn't fitdoesn't fit

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−0.0521%4h1,050.6+0.042%$1.3M$670K10xas long as short
Bybit MUUSDT0.0000%8h1,050.6+0.044%$19.1M$32.3M100xas long as short
RISEx MU/USDC0.0000%1h1,050.5+0.033%$333K$348K20xas long as short
Gate MU_USDT0.0000%8h1,050.3+0.018%$62.1M$27.5M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,050.6+0.048%$85K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,049.8−0.028%$190K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,052.1+0.186%$11K$5.9M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,050.1−0.008%$67K$375K10xas long as short
HTX MU-USDT0.0000%8h1,050−0.010%$129K$429K50xas long as short
Aftermath Perps MUUSD+0.0020%1h1,050−0.009%$3K$45K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MU-USDT-SWAP+0.0021%8h1,050.4+0.024%$31.0M$99.8M50xas long as short
QFEX MU-USD+0.0030%1h1,050−0.010%$7.2M$18.1M10xas long as short
Lighter RH MU+0.0032%1h1,050.3+0.016%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.117%$19K$5K12xas long as short
Extended MU_24_5-USD+0.0040%1h1,049.6−0.055%$564K$1.1M10xas long as short
Arcus MU-USD+0.0040%1h1,050.1−0.008%$71K$235K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.1+0.090%$175K25xas long as short
Lighter MU+0.0048%1h1,050.4+0.029%$1.1M$4.9M20xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050−0.012%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,050.3+0.011%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.8−0.029%$1.9M$2.3M10xas long as short
Nado MU-PERP+0.0054%1h1,049.9−0.023%$282K$848K10xas long as short
Paradex MU-USD-PERP+0.0056%8h1,050.2+0.009%$2K5xas long as short
tradeXYZ xyz:MU+0.0059%1h1,050−0.012%$178.1M$99.2M10xas long as short
Aster MUUSD1short+0.0066%8h1,050.3+0.018%$21.4M$52.7M20x
Bullet MU-USD+0.0068%1h1,050.3+0.019%$25K$398K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,049.9−0.018%$756K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,050.2+0.007%$149K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.2+0.003%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.8+0.064%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.2+0.009%$835$79920xas long as short
Variational Omni MU+0.0111%8h1,050.9+0.074%$2.7M$2.4Mas long as short
Aevo MU-PERP+0.0112%1h1,049.9−0.017%$32K$1K10xas long as short
Bitget MUUSDT+0.0121%8h1,050.4+0.026%$20.6M$41.1M50xas long as short
Binance MUUSDT+0.0130%8h1,050.4+0.022%$126.5M$518.8M50xas long as short
Phoenix MU+0.0229%1h1,050.6+0.045%$537K$271K15xas long as short
BloFin MU-USDTlong+0.0253%8h1,050.1long leg$1.5M$2.0M20x