After costs, if the gap returns to its 7d average, $10k−$5
spread now+0.193%7d average+0.024%fees + slippage, in and out−$22spread needed0.224%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MUUSDC | 1,044.3 | 0.0538 | pay 0.0269% / 4h | 28m 46s | $1.3M | $670K | 10x |
| Short | Bullet MU-USD | 1,046.3 | 0.0058 | get 0.0007% / 1h | 28m 46s | $25K | $398K | 10x |
Bullet MU-USDPrice 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
- $19.27
- Funding while held
- −$14.4
- Slippage, 4 orders
- −$5.41
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$17.53
- Spread needed to break even
- 0.224%
Slippage from edgeX: live order book, 2 min ago; Bullet: live order book, 22 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0480%
- Per $10,000 a day
- −$14.40
- 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 edgeX live order book, 2 min ago | 0.43 bp | 5.0 bp −$5 | 6.7 bp −$67 | 27.3 bp −$2,725 | doesn't fit |
| Sell Bullet live order book, 22 min ago | 0.48 bp | 6.2 bp −$6 | 21.1 bp −$211 | doesn't fit | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Aftermath Perps1,042.6cheapestPhoenix1,043.4+0.075%Variational Omni1,043.7+0.106%Ondo Perps1,044.2+0.149%StandX1,044.5+0.178%Coinbase International1,044.6+0.192%Pacifica1,044.9+0.217%Arcus1,044.9+0.217%Nado1,044.9+0.224%Paradex1,045.4+0.266%ApeX Omni1,045.5+0.277%Polymarket Perps1,045.5+0.277%QFEX1,045.5+0.278%Vest1,045.6+0.284%Extended1,045.6+0.286%KuCoin1,045.7+0.294%SoDEX1,045.7+0.299%HTX1,045.8+0.304%Deribit1,046+0.321%RISEx1,046+0.327%Gate1,046.1+0.330%BloFin1,046.1+0.330%Orderly1,046.2+0.339%Aevo1,046.2+0.341%
Phoenix
Variational Omni
Ondo Perps
StandX
Coinbase International
Pacifica
Arcus
Nado
Paradex
ApeX Omni
Polymarket Perps
QFEX
Vest
Extended
KuCoin
SoDEX
HTX
Deribit
RISEx
Gate
BloFin
Orderly
AevoBullet1,046.3+0.357%
Aster1,046.8+0.397%OKX1,046.8+0.402%Lighter RH1,046.9+0.414%SunX1,046.9+0.415%Lighter1,047+0.416%Binance1,047+0.424%tradeXYZ1,047.1+0.430%Bybit1,047.2+0.435%Bitget1,047.3+0.444%Injective1,050.7+0.776%
Aster
OKX
Lighter RH
SunX
Lighter
Binance
tradeXYZ
Bybit
Bitget
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps MUUSD | −0.164% | +0.0219% | 1h | $3K | $43K | 10x | as long as short |
| Phoenix MU | −0.089% | +0.0154% | 1h | $529K | $190K | 15x | as long as short |
| Variational Omni MU | −0.058% | +0.0033% | 8h | $2.7M | $2.7M | — | as long as short |
| Ondo Perps MU-USD.P | −0.015% | +0.0050% | 1h | $2.0M | $2.5M | 10x | as long as short |
| edgeX MUUSDClong | 0.000% | +0.0538% | 4h | $1.3M | $670K | 10x | |
| StandX MU-USD | +0.014% | 0.0000% | 1h | $188K | $1.7M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.028% | +0.0184% | 1h | $802K | $1.7M | 10x | as long as short |
| Pacifica MU | +0.053% | +0.0100% | 1h | $156K | $100K | 10x | as long as short |
| Arcus MU-USD | +0.053% | +0.0040% | 1h | $73K | $191K | 10x | as long as short |
| Nado MU-PERP | +0.059% | +0.0141% | 1h | $283K | $731K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex MU-USD-PERP | +0.101% | +0.0060% | 8h | $2K | — | 5x | as long as short |
| ApeX Omni MUUSDT | +0.112% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Polymarket Perps MU-USD | +0.112% | +0.0050% | 1h | $167K | $159K | 10x | as long as short |
| QFEX MU-USD | +0.114% | +0.0045% | 1h | $7.9M | $22.5M | 10x | as long as short |
| Vest MU-USD-PERP | +0.120% | +0.0046% | 1h | — | $158K | 25x | as long as short |
| Extended MU_24_5-USD | +0.121% | +0.0032% | 1h | $525K | $991K | 10x | as long as short |
| KuCoin MUUSDTM | +0.129% | +0.0100% | 8h | $5.2M | $3.6M | 20x | as long as short |
| SoDEX MU-USD | +0.134% | +0.0050% | 1h | $690K | $11K | 10x | as long as short |
| HTX MU-USDT | +0.140% | 0.0000% | 8h | $130K | $439K | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.156% | 0.0000% | 1h | $55K | $86K | 10x | as long as short |
| RISEx MU/USDC | +0.163% | +0.0173% | 1h | $284K | $326K | 20x | as long as short |
| Gate MU_USDT | +0.166% | 0.0000% | 8h | $66.5M | $24.3M | 75x | as long as short |
| BloFin MU-USDT | +0.166% | +0.0172% | 8h | $1.5M | $1.4M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.174% | +0.0100% | 8h | $832 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.176% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Bullet MU-USDshort | +0.193% | +0.0058% | 1h | $25K | $398K | 10x | |
| Aster MUUSD1 | +0.233% | 0.0000% | 8h | $21.5M | $9.7M | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.238% | 0.0000% | 8h | $30.9M | $91.1M | 50x | as long as short |
| Lighter RH MU | +0.249% | +0.0032% | 1h | $1.1M | $4.1M | 10x | as long as short |
| SunX MU-USDT | +0.250% | 0.0000% | 8h | $11K | $6.2M | 10x | as long as short |
| Lighter MU | +0.251% | +0.0032% | 1h | $990K | $4.5M | 20x | as long as short |
| Binance MUUSDT | +0.260% | +0.0052% | 8h | $130.2M | $443.7M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.265% | +0.0050% | 1h | $178.3M | $93.9M | 10x | as long as short |
| Bybit MUUSDT | +0.270% | 0.0000% | 8h | $18.5M | $28.6M | 100x | as long as short |
| Bitget MUUSDT | +0.280% | +0.0107% | 8h | $20.3M | $37.0M | 50x | as long as short |
| Injective MU/USDC PERP | +0.611% | +0.0033% | 1h | $14K | $143K | 12x | as long as short |