Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0082%/8h= −9.0% APRnext payment $0.10 per $10,000 · paid last 24h −0.057%
Price spread now: Vest against Coinbase International+0.010%7-day average +0.704% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.067%−$7 on $10k
Price spread, last 3 days (all we have)+0.083%+$8 · spread now +0.010%, 7d avg +0.704%
Together, before fees+0.016%+ Points / potential airdropVest: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.694% cheaper against Coinbase International than usual: you would sell low and buy high (−$69 if the spread goes back to its 7-day average of +0.704%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MU-PERP-INTX1,049.60.0128pay 0.0016% / 1h56m 04s$761K$1.2M10x
ShortVest MU-USD-PERP1,049.70.0046get 0.0006% / 1h56m 04s$179K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Coinbase International. 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
−$17.29
Price spread: +0.010% → +0.704%
−$69.41
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$98.69
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago3.05 bp8.5 bp −$914.5 bp −$14544.9 bp −$4,488doesn't fit
Sell Vest no order-book sample
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0855%4h1,050.5+0.083%$1.3M$670K10xas long as short
Nado MU-PERP−0.0006%1h1,048.3−0.126%$271K$859K10xas long as short
Gate MU_USDT0.0000%8h1,048.5−0.101%$62.3M$27.3M75xas long as short
StandX MU-USD0.0000%1h1,049.1−0.045%$190K$3.3M20xas long as short
Bullet MU-USD0.0000%1h1,048.6−0.093%$26K$397K10xas long as short
SunX MU-USDT0.0000%8h1,049.6+0.002%$11K$6.1M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,048.3−0.123%$65K$315K10xas long as short
HTX MU-USDT0.0000%8h1,048.2−0.130%$129K$425K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,049.7+0.008%$3K$45K10xas long as short
Lighter MU+0.0032%1h1,048.5−0.099%$1.1M$4.8M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,048.6−0.098%$1.2M$4.1M10xas long as short
QFEX MU-USD+0.0040%1h1,048.3−0.119%$7.5M$20.9M10xas long as short
Arcus MU-USD+0.0040%1h1,049.6+0.004%$71K$242K10xas long as short
Vest MU-USD-PERPshort+0.0046%1h1,049.7+0.010%$179K25x
tradeXYZ xyz:MU+0.0050%1h1,048.6−0.093%$177.9M$100.3M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,048.4−0.112%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,048.7−0.089%$688K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.1−0.049%$1.9M$2.4M10xas long as short
Paradex MU-USD-PERP+0.0078%8h1,048.5−0.106%$2K5xas long as short
OKX MU-USDT-SWAP+0.0094%8h1,048.9−0.069%$30.9M$101.4M50xas long as short
Pacifica MU+0.0100%1h1,048.8−0.075%$148K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,048.7−0.086%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.4+0.076%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,048.9−0.069%$834$79920xas long as short
Injective MU/USDC PERP+0.0107%1h1,051.4+0.170%$19K$5K12xas long as short
Bybit MUUSDT+0.0113%8h1,049−0.051%$19.3M$32.7M100xas long as short
Coinbase International MU-PERP-INTXlong+0.0128%1h1,049.6long leg$761K$1.2M10x
Aevo MU-PERP+0.0144%1h1,048.3−0.120%$32K$1K10xas long as short
Extended MU_24_5-USD+0.0168%1h1,048.2−0.129%$563K$1.2M10xas long as short
Variational Omni MU+0.0251%8h1,048.5−0.102%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0262%8h1,049.2−0.038%$21.6M$49.1M20xas long as short
Binance MUUSDT+0.0266%8h1,049−0.060%$125.8M$523.0M50xas long as short
Phoenix MU+0.0383%1h1,050.9+0.126%$538K$273K15xas long as short
Bitget MUUSDT+0.0386%8h1,048.8−0.079%$20.5M$41.6M50xas long as short
BloFin MU-USDT+0.0388%8h1,049.6+0.002%$1.5M$2.0M20xas long as short
RISEx MU/USDC+0.0507%1h1,048.7−0.087%$315K$340K20xas long as short
GRVT MU_USDT_Perp+0.0514%8h1,050.4+0.078%$83K$1.3M10xas long as short