After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.023%7d average−0.040%fees + slippage, in and out−$37spread needed0.367%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet MU-USD | 1,040.5 | 0.0070 | pay 0.0009% / 1h | 36m 35s | $26K | $398K | 10x |
| Short | Gate MU_USDT | 1,040.3 | 0 | get 0.0000% / 8h | 36m 35s | $65.8M | $24.0M | 75x |
Price 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
- −$2.3
- Funding while held
- −$2.1
- Slippage, 4 orders
- −$13.75
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$41.15
- Spread needed to break even
- 0.367%
Slippage from Bullet: live order book, 14 min ago; Gate: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0070%
- Per $10,000 a day
- −$2.10
- 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 Bullet live order book, 14 min ago | 0.48 bp | 6.2 bp −$6 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.87 bp | 13.5 bp −$13 | 19.8 bp −$198 | 36.6 bp −$3,656 | 57.9 bp −$28.9K |
MU price on every exchange
against the cheapest. Click to use as the short leg.MU 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 | −0.130% | +0.0050% | 1h | $2.0M | $2.4M | 10x | as long as short |
| Nado MU-PERP | −0.077% | +0.0145% | 1h | $282K | $723K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.073% | +0.0100% | 1h | $71K | $267K | 50x | as long as short |
| StandX MU-USD | −0.073% | 0.0000% | 1h | $188K | $1.7M | 20x | as long as short |
| Aevo MU-PERP | −0.047% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Extended MU_24_5-USD | −0.046% | +0.0032% | 1h | $508K | $967K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | −0.041% | +0.0184% | 1h | $800K | $1.7M | 10x | as long as short |
| tradeXYZ xyz:MU | −0.038% | +0.0050% | 1h | $176.7M | $93.1M | 10x | as long as short |
| Polymarket Perps MU-USD | −0.038% | +0.0050% | 1h | $166K | $159K | 10x | as long as short |
| Aftermath Perps MUUSD | −0.037% | +0.0221% | 1h | $3K | $42K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica MU | −0.034% | +0.0100% | 1h | $157K | $99K | 10x | as long as short |
| KuCoin MUUSDTM | −0.031% | +0.0100% | 8h | $5.2M | $3.6M | 20x | as long as short |
| Phoenix MU | −0.029% | +0.0154% | 1h | $527K | $190K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.027% | +0.0010% | 1h | $55K | $83K | 10x | as long as short |
| Lighter RH MU | −0.025% | +0.0032% | 1h | $1.2M | $4.0M | 10x | as long as short |
| Gate MU_USDTshort | −0.023% | 0.0000% | 8h | $65.8M | $24.0M | 75x | |
| Vest MU-USD-PERP | −0.023% | +0.0046% | 1h | — | $158K | 25x | as long as short |
| SoDEX MU-USD | −0.022% | +0.0050% | 1h | $687K | $11K | 10x | as long as short |
| HTX MU-USDT | −0.022% | 0.0000% | 8h | $129K | $438K | 50x | as long as short |
| Aster MUUSD1 | −0.019% | 0.0000% | 8h | $21.4M | $9.4M | 20x | as long as short |
| Lighter MU | −0.017% | +0.0032% | 1h | $971K | $4.4M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | −0.014% | +0.0100% | 8h | $827 | $799 | 20x | as long as short |
| BloFin MU-USDT | −0.004% | +0.0176% | 8h | $1.5M | $1.4M | 20x | as long as short |
| Paradex MU-USD-PERP | −0.003% | +0.0062% | 8h | $2K | — | 5x | as long as short |
| Bullet MU-USDlong | 0.000% | +0.0070% | 1h | $26K | $398K | 10x | |
| Binance MUUSDT | +0.010% | +0.0056% | 8h | $130.5M | $433.0M | 50x | as long as short |
| edgeX MUUSDC | +0.013% | +0.0917% | 4h | $1.3M | $668K | 10x | as long as short |
| Bybit MUUSDT | +0.015% | 0.0000% | 8h | $18.4M | $28.1M | 100x | as long as short |
| QFEX MU-USD | +0.018% | +0.0045% | 1h | $7.8M | $22.4M | 10x | as long as short |
| Bitget MUUSDT | +0.027% | +0.0110% | 8h | $20.3M | $35.9M | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.036% | 0.0000% | 8h | $30.8M | $88.3M | 50x | as long as short |
| Arcus MU-USD | +0.054% | +0.0040% | 1h | $73K | $181K | 10x | as long as short |
| RISEx MU/USDC | +0.078% | +0.0173% | 1h | $300K | $318K | 20x | as long as short |
| SunX MU-USDT | +0.081% | 0.0000% | 8h | $11K | $6.1M | 10x | as long as short |
| Variational Omni MU | +0.127% | +0.0033% | 8h | $2.7M | $2.7M | — | as long as short |
| Injective MU/USDC PERP | +0.981% | +0.0033% | 1h | $14K | $143K | 12x | as long as short |
Bullet MU-USD
Gate MU_USDT
ApeX Omni
StandX
Extended
Coinbase International
tradeXYZ
Polymarket Perps
Pacifica
KuCoin
Phoenix
Deribit
Lighter RH
SoDEX
HTX
Aster
Lighter
BloFin
Paradex
Binance
Bybit
Bitget
OKX
RISEx
SunX
Variational Omni
Injective