After costs, if the gap returns to its 7d average, $10k−$40
spread now−0.058%7d average−0.016%fees + slippage, in and out−$36spread needed0.356%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MU_USDT | 1,041.1 | 0 | get 0.0000% / 8h | 7h 44m | $65.1M | $24.8M | 75x |
| Short | Arcus MU-USD | 1,040.5 | 0.0073 | get 0.0009% / 1h | 44m 41s | $57K | $216K | 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
- −$5.76
- Funding while held
- $2.19
- Slippage, 4 orders
- −$16.14
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$39.22
- Spread needed to break even
- 0.356%
Slippage from Gate: live order book, 6 min ago; Arcus: live order book, 65 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0073%
- Per $10,000 a day
- +$2.19
- 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 Gate live order book, 6 min ago | 0.05 bp | 11.6 bp −$12 | 16.5 bp −$165 | 35.8 bp −$3,581 | 69.0 bp −$34.5K |
| Sell Arcus live order book, 65 min ago | 4.42 bp | 7.6 bp −$8 | 9.2 bp −$92 | 56.4 bp −$5,643 | 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 | −0.133% | +0.0050% | 1h | $2.0M | $2.4M | 10x | as long as short |
| StandX MU-USD | −0.105% | 0.0000% | 1h | $188K | $2.0M | 20x | as long as short |
| HTX MU-USDT | −0.100% | 0.0000% | 8h | $129K | $437K | 50x | as long as short |
| Aftermath Perps MUUSD | −0.095% | +0.0206% | 1h | $3K | $44K | 10x | as long as short |
| Variational Omni MU | −0.090% | +0.0033% | 8h | $2.7M | $2.5M | — | as long as short |
| Coinbase International MU-PERP-INTX | −0.087% | +0.0168% | 1h | $780K | $1.7M | 10x | as long as short |
| ApeX Omni MUUSDT | −0.075% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Pacifica MU | −0.072% | +0.0100% | 1h | $148K | $110K | 10x | as long as short |
| Nado MU-PERP | −0.069% | +0.0094% | 1h | $334K | $774K | 10x | as long as short |
| Arcus MU-USDshort | −0.058% | +0.0073% | 1h | $57K | $216K | 10x |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.049% | +0.0479% | 4h | $1.3M | $671K | 10x | as long as short |
| Polymarket Perps MU-USD | −0.047% | +0.0050% | 1h | $165K | $159K | 10x | as long as short |
| QFEX MU-USD | −0.042% | +0.0037% | 1h | $7.9M | $22.6M | 10x | as long as short |
| RISEx MU/USDC | −0.029% | +0.0145% | 1h | $284K | $316K | 20x | as long as short |
| Phoenix MU | −0.028% | +0.0232% | 1h | $528K | $192K | 15x | as long as short |
| Aevo MU-PERP | −0.027% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Extended MU_24_5-USD | −0.025% | +0.0032% | 1h | $521K | $989K | 10x | as long as short |
| Paradex MU-USD-PERP | −0.023% | +0.0056% | 8h | $2K | — | 5x | as long as short |
| Vest MU-USD-PERP | −0.011% | +0.0046% | 1h | — | $172K | 25x | as long as short |
| KuCoin MUUSDTM | −0.008% | +0.0100% | 8h | $5.2M | $3.7M | 20x | as long as short |
| Gate MU_USDTlong | 0.000% | 0.0000% | 8h | $65.1M | $24.8M | 75x | |
| Bullet MU-USD | +0.001% | 0.0000% | 1h | $25K | $399K | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.007% | +0.0100% | 8h | $828 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.009% | +0.0172% | 8h | $1.5M | $1.6M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.011% | +0.0050% | 1h | $177.9M | $95.2M | 10x | as long as short |
| SoDEX MU-USD | +0.011% | +0.0050% | 1h | $683K | $16K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.013% | 0.0000% | 1h | $55K | $93K | 10x | as long as short |
| Bitget MUUSDT | +0.018% | +0.0095% | 8h | $20.0M | $38.3M | 50x | as long as short |
| Lighter MU | +0.023% | +0.0032% | 1h | $1.0M | $4.6M | 20x | as long as short |
| Lighter RH MU | +0.034% | +0.0032% | 1h | $1.1M | $4.2M | 10x | as long as short |
| Binance MUUSDT | +0.037% | +0.0051% | 8h | $128.3M | $469.8M | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.054% | 0.0000% | 8h | $30.9M | $93.6M | 50x | as long as short |
| Bybit MUUSDT | +0.056% | 0.0000% | 8h | $18.2M | $28.9M | 100x | as long as short |
| Aster MUUSD1 | +0.070% | 0.0000% | 8h | $21.4M | $13.2M | 20x | as long as short |
| SunX MU-USDT | +0.071% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.924% | +0.0033% | 1h | $14K | $66K | 12x | as long as short |
Gate MU_USDT
StandX
HTX
Variational Omni
Coinbase International
ApeX Omni
Pacifica
Polymarket Perps
RISEx
Phoenix
Extended
Paradex
KuCoin
Bullet
BloFin
tradeXYZ
SoDEX
Deribit
Bitget
Lighter
Lighter RH
Binance
OKX
Bybit
Aster
SunX
Injective