After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.081%7d average−0.025%fees + slippage, in and out−$28spread needed0.277%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUUSDT | 1,040.4 | 0 | get 0.0000% / 8h | 6h 26m | $18.0M | $29.5M | 100x |
| Short | Nado MU-PERP | 1,039.5 | 0.0048 | get 0.0006% / 1h | 26m 50s | $333K | $779K | 10x |
Bybit MUUSDT
Nado MU-PERPPrice 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
- −$8.07
- Funding while held
- $1.45
- Slippage, 4 orders
- −$9.69
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$34.32
- Spread needed to break even
- 0.277%
Slippage from Bybit: live order book, 3 min ago; Nado: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.45
- 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 Bybit live order book, 3 min ago | 0.58 bp | 7.5 bp −$8 | 10.4 bp −$104 | 22.8 bp −$2,276 | doesn't fit |
| Sell Nado live order book, 13 min ago | 0.05 bp | 6.1 bp −$6 | 15.0 bp −$150 | doesn't fit | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International1,039.4cheapest
Coinbase InternationalNado1,039.5+0.011%
Ondo Perps1,039.7+0.028%Aevo1,039.8+0.035%Arcus1,039.8+0.037%SoDEX1,039.9+0.039%Lighter RH1,039.9+0.041%Polymarket Perps1,039.9+0.044%Deribit1,039.9+0.047%Variational Omni1,039.9+0.047%BloFin1,040+0.049%Extended1,040+0.050%Lighter1,040+0.053%HTX1,040+0.053%tradeXYZ1,040+0.054%KuCoin1,040+0.054%Bullet1,040+0.057%Gate1,040.1+0.060%Aftermath Perps1,040.1+0.063%Orderly1,040.1+0.064%QFEX1,040.2+0.068%Binance1,040.2+0.070%RISEx1,040.2+0.073%Pacifica1,040.2+0.076%Bitget1,040.3+0.081%ApeX Omni1,040.3+0.082%OKX1,040.3+0.086%
Ondo Perps
Aevo
Arcus
SoDEX
Lighter RH
Polymarket Perps
Deribit
Variational Omni
BloFin
Extended
Lighter
HTX
tradeXYZ
KuCoin
Bullet
Gate
Orderly
QFEX
Binance
RISEx
Pacifica
Bitget
ApeX Omni
OKXBybit1,040.4+0.091%
Aster1,040.4+0.094%Phoenix1,040.5+0.102%edgeX1,040.5+0.106%Paradex1,040.6+0.113%Vest1,040.7+0.121%StandX1,040.8+0.126%SunX1,041.2+0.165%Injective1,050.7+1.084%
Aster
Phoenix
Paradex
Vest
StandX
SunX
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International MU-PERP-INTX | −0.091% | +0.0136% | 1h | $778K | $1.7M | 10x | as long as short |
| Nado MU-PERPshort | −0.081% | +0.0048% | 1h | $333K | $779K | 10x | |
| Ondo Perps MU-USD.P | −0.063% | +0.0050% | 1h | $1.9M | $2.5M | 10x | as long as short |
| Aevo MU-PERP | −0.056% | +0.0080% | 1h | $33K | — | 10x | as long as short |
| Arcus MU-USD | −0.055% | +0.0153% | 1h | $60K | $232K | 10x | as long as short |
| SoDEX MU-USD | −0.052% | +0.0050% | 1h | $682K | $16K | 10x | as long as short |
| Lighter RH MU | −0.050% | +0.0032% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Polymarket Perps MU-USD | −0.047% | +0.0050% | 1h | $164K | $159K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.044% | 0.0000% | 1h | $54K | $112K | 10x | as long as short |
| Variational Omni MU | −0.044% | 0.0000% | 8h | $2.7M | $2.6M | — | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin MU-USDT | −0.042% | +0.0120% | 8h | $1.5M | $1.7M | 20x | as long as short |
| Extended MU_24_5-USD | −0.041% | +0.0032% | 1h | $525K | $1.0M | 10x | as long as short |
| Lighter MU | −0.038% | +0.0032% | 1h | $984K | $4.6M | 20x | as long as short |
| HTX MU-USDT | −0.038% | 0.0000% | 8h | $126K | $445K | 50x | as long as short |
| tradeXYZ xyz:MU | −0.037% | +0.0050% | 1h | $177.5M | $95.7M | 10x | as long as short |
| KuCoin MUUSDTM | −0.037% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Bullet MU-USD | −0.035% | 0.0000% | 1h | $25K | $399K | 10x | as long as short |
| Gate MU_USDT | −0.032% | 0.0000% | 8h | $64.5M | $26.1M | 75x | as long as short |
| Aftermath Perps MUUSD | −0.028% | +0.0153% | 1h | $3K | $44K | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | −0.027% | +0.0100% | 8h | $827 | $799 | 20x | as long as short |
| QFEX MU-USD | −0.023% | +0.0034% | 1h | $7.8M | $22.8M | 10x | as long as short |
| Binance MUUSDT | −0.022% | 0.0000% | 8h | $126.7M | $490.0M | 50x | as long as short |
| RISEx MU/USDC | −0.018% | +0.0044% | 1h | $284K | $330K | 20x | as long as short |
| Pacifica MU | −0.016% | +0.0100% | 1h | $147K | $154K | 10x | as long as short |
| Bitget MUUSDT | −0.011% | +0.0044% | 8h | $20.1M | $39.5M | 50x | as long as short |
| ApeX Omni MUUSDT | −0.010% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| OKX MU-USDT-SWAP | −0.006% | 0.0000% | 8h | $30.9M | $96.4M | 50x | as long as short |
| Bybit MUUSDTlong | 0.000% | 0.0000% | 8h | $18.0M | $29.5M | 100x | |
| Aster MUUSD1 | +0.003% | 0.0000% | 8h | $21.4M | $24.7M | 20x | as long as short |
| Phoenix MU | +0.011% | +0.0230% | 1h | $527K | $192K | 15x | as long as short |
| edgeX MUUSDC | +0.015% | +0.0583% | 4h | $1.3M | $670K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.021% | +0.0051% | 8h | $2K | — | 5x | as long as short |
| Vest MU-USD-PERP | +0.030% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| StandX MU-USD | +0.035% | 0.0000% | 1h | $188K | $2.6M | 20x | as long as short |
| SunX MU-USDT | +0.074% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.992% | +0.0033% | 1h | $14K | $62K | 12x | as long as short |