After costs, if the gap returns to its 7d average, $10k−$63
spread now−0.138%7d average+0.018%fees + slippage, in and out−$47spread needed0.473%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MU-PERP-INTX | 1,041.2 | 0.0136 | pay 0.0017% / 1h | 45m 36s | $780K | $1.7M | 10x |
| Short | Deribit MU_USDC-PERPETUAL | 1,039.7 | 0 | get 0.0000% / 1h | 45m 36s | $54K | $108K | 10x |
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
- −$13.83
- Funding while held
- −$4.08
- Slippage, 4 orders
- −$30.27
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$65.18
- Spread needed to break even
- 0.473%
Slippage from Coinbase International: live order book, 4 min ago; Deribit: live order book, 25 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0136%
- Per $10,000 a day
- −$4.08
- 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 Coinbase International live order book, 4 min ago | 4.67 bp | 10.2 bp −$10 | 13.4 bp −$134 | 55.4 bp −$5,539 | doesn't fit |
| Sell Deribit live order book, 25 min ago | 6.58 bp | 14.6 bp −$15 | 18.6 bp −$186 | doesn't fit | doesn't fit |
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 | −0.259% | +0.0050% | 1h | $1.9M | $2.4M | 10x | as long as short |
| StandX MU-USD | −0.219% | 0.0000% | 1h | $188K | $2.5M | 20x | as long as short |
| Nado MU-PERP | −0.194% | +0.0081% | 1h | $333K | $774K | 10x | as long as short |
| edgeX MUUSDC | −0.188% | +0.0002% | 4h | $1.3M | $671K | 10x | as long as short |
| Aevo MU-PERP | −0.181% | +0.0080% | 1h | $33K | — | 10x | as long as short |
| HTX MU-USDT | −0.170% | 0.0000% | 8h | $126K | $444K | 50x | as long as short |
| OKX MU-USDT-SWAP | −0.166% | 0.0000% | 8h | $30.8M | $95.6M | 50x | as long as short |
| Variational Omni MU | −0.164% | 0.0000% | 8h | $2.7M | $2.6M | — | as long as short |
| Polymarket Perps MU-USD | −0.159% | +0.0050% | 1h | $164K | $159K | 10x | as long as short |
| SoDEX MU-USD | −0.155% | +0.0050% | 1h | $682K | $16K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps MUUSD | −0.154% | +0.0185% | 1h | $3K | $44K | 10x | as long as short |
| BloFin MU-USDT | −0.151% | +0.0050% | 8h | $1.5M | $1.7M | 20x | as long as short |
| Phoenix MU | −0.150% | +0.0230% | 1h | $527K | $192K | 15x | as long as short |
| Binance MUUSDT | −0.147% | +0.0010% | 8h | $127.1M | $485.3M | 50x | as long as short |
| Extended MU_24_5-USD | −0.147% | +0.0032% | 1h | $527K | $997K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.141% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Arcus MU-USD | −0.138% | +0.0153% | 1h | $60K | $232K | 10x | as long as short |
| Gate MU_USDT | −0.138% | 0.0000% | 8h | $64.6M | $25.8M | 75x | as long as short |
| Deribit MU_USDC-PERPETUALshort | −0.138% | 0.0000% | 1h | $54K | $108K | 10x | |
| Bullet MU-USD | −0.137% | 0.0000% | 1h | $26K | $401K | 10x | as long as short |
| Pacifica MU | −0.135% | +0.0100% | 1h | $146K | $153K | 10x | as long as short |
| KuCoin MUUSDTM | −0.135% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Bybit MUUSDT | −0.133% | 0.0000% | 8h | $18.0M | $29.3M | 100x | as long as short |
| tradeXYZ xyz:MU | −0.131% | +0.0050% | 1h | $177.8M | $95.8M | 10x | as long as short |
| QFEX MU-USD | −0.127% | +0.0034% | 1h | $7.8M | $22.7M | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | −0.126% | +0.0100% | 8h | $827 | $799 | 20x | as long as short |
| Bitget MUUSDT | −0.123% | +0.0060% | 8h | $20.0M | $39.1M | 50x | as long as short |
| Lighter RH MU | −0.115% | +0.0032% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Lighter MU | −0.113% | +0.0032% | 1h | $984K | $4.6M | 20x | as long as short |
| Vest MU-USD-PERP | −0.111% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| RISEx MU/USDC | −0.111% | +0.0044% | 1h | $284K | $329K | 20x | as long as short |
| Paradex MU-USD-PERP | −0.111% | +0.0052% | 8h | $2K | — | 5x | as long as short |
| Aster MUUSD1 | −0.099% | 0.0000% | 8h | $21.4M | $22.2M | 20x | as long as short |
| SunX MU-USDT | −0.023% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Coinbase International MU-PERP-INTXlong | 0.000% | +0.0136% | 1h | $780K | $1.7M | 10x | |
| Injective MU/USDC PERP | +0.917% | +0.0033% | 1h | $14K | $62K | 12x | as long as short |
Coinbase International MU-PERP-INTX
Deribit MU_USDC-PERPETUAL
StandX
HTX
OKX
Variational Omni
Polymarket Perps
SoDEX
BloFin
Phoenix
Binance
Extended
ApeX Omni
Gate
Bullet
Pacifica
KuCoin
Bybit
tradeXYZ
Bitget
Lighter RH
Lighter
RISEx
Paradex
Aster
SunX
Injective