After costs, if the gap returns to its 7d average, $10k−$49
spread now−0.015%7d average+0.036%fees + slippage, in and out−$44spread needed0.439%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MU_USDT | 1,041 | 0 | get 0.0000% / 8h | 7h 44m | $65.1M | $24.9M | 75x |
| Short | Phoenix MU | 1,040.8 | 0.0232 | get 0.0029% / 1h | 44m 09s | $528K | $192K | 15x |
Gate MU_USDT
Phoenix MUPrice 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
- −$1.54
- Funding while held
- $6.95
- Slippage, 4 orders
- −$21.86
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$38.45
- Spread needed to break even
- 0.439%
Slippage from Gate: live order book, 1 min ago; Phoenix: live order book, 65 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0232%
- Per $10,000 a day
- +$6.95
- 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, 1 min ago | 1.06 bp | 11.4 bp −$11 | 15.8 bp −$158 | 33.6 bp −$3,361 | 72.0 bp −$36.0K |
| Sell Phoenix live order book, 65 min ago | 2.88 bp | 11.3 bp −$11 | 24.3 bp −$243 | doesn't fit | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps1,039.7cheapestVariational Omni1,040.2+0.042%Coinbase International1,040.2+0.045%Aftermath Perps1,040.2+0.051%StandX1,040.3+0.054%ApeX Omni1,040.3+0.058%edgeX1,040.6+0.084%
Ondo Perps
Variational Omni
Coinbase International
StandX
ApeX OmniPhoenix1,040.8+0.105%
Nado1,040.9+0.112%Extended1,040.9+0.113%
Nado
ExtendedGate1,041+0.120%
Pacifica1,041+0.123%Lighter RH1,041+0.123%tradeXYZ1,041+0.124%Binance1,041+0.128%OKX1,041.1+0.130%SoDEX1,041.1+0.130%Lighter1,041.1+0.131%Deribit1,041.1+0.132%Aevo1,041.1+0.135%KuCoin1,041.2+0.141%BloFin1,041.2+0.141%Bybit1,041.3+0.150%HTX1,041.3+0.153%Bitget1,041.3+0.155%Paradex1,041.4+0.161%Arcus1,041.5+0.168%Bullet1,041.5+0.172%QFEX1,041.6+0.178%Orderly1,041.6+0.181%Polymarket Perps1,041.6+0.182%Aster1,041.8+0.201%RISEx1,041.9+0.214%Vest1,041.9+0.214%SunX1,042.3+0.253%Injective1,050.7+1.058%
Pacifica
Lighter RH
tradeXYZ
Binance
OKX
SoDEX
Lighter
Deribit
Aevo
KuCoin
BloFin
Bybit
HTX
Bitget
Paradex
Arcus
Bullet
QFEX
Orderly
Polymarket Perps
Aster
RISEx
Vest
SunX
InjectiveMU 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 | −0.120% | +0.0050% | 1h | $2.0M | $2.4M | 10x | as long as short |
| Variational Omni MU | −0.078% | +0.0033% | 8h | $2.7M | $2.5M | — | as long as short |
| Coinbase International MU-PERP-INTX | −0.075% | +0.0168% | 1h | $780K | $1.7M | 10x | as long as short |
| Aftermath Perps MUUSD | −0.069% | +0.0204% | 1h | $3K | $44K | 10x | as long as short |
| StandX MU-USD | −0.066% | 0.0000% | 1h | $188K | $2.0M | 20x | as long as short |
| ApeX Omni MUUSDT | −0.062% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| edgeX MUUSDC | −0.037% | +0.0479% | 4h | $1.3M | $671K | 10x | as long as short |
| Phoenix MUshort | −0.015% | +0.0232% | 1h | $528K | $192K | 15x | |
| Nado MU-PERP | −0.008% | +0.0090% | 1h | $334K | $774K | 10x | as long as short |
| Extended MU_24_5-USD | −0.007% | +0.0032% | 1h | $521K | $989K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate MU_USDTlong | 0.000% | 0.0000% | 8h | $65.1M | $24.9M | 75x | |
| Pacifica MU | +0.003% | +0.0100% | 1h | $148K | $110K | 10x | as long as short |
| Lighter RH MU | +0.003% | +0.0032% | 1h | $1.1M | $4.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.004% | +0.0050% | 1h | $177.9M | $95.2M | 10x | as long as short |
| Binance MUUSDT | +0.008% | +0.0051% | 8h | $128.3M | $470.1M | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.010% | 0.0000% | 8h | $30.9M | $93.6M | 50x | as long as short |
| SoDEX MU-USD | +0.010% | +0.0050% | 1h | $683K | $16K | 10x | as long as short |
| Lighter MU | +0.011% | +0.0032% | 1h | $1.0M | $4.6M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.012% | 0.0000% | 1h | $55K | $93K | 10x | as long as short |
| Aevo MU-PERP | +0.014% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| KuCoin MUUSDTM | +0.021% | +0.0100% | 8h | $5.2M | $3.7M | 20x | as long as short |
| BloFin MU-USDT | +0.021% | +0.0172% | 8h | $1.5M | $1.6M | 20x | as long as short |
| Bybit MUUSDT | +0.030% | 0.0000% | 8h | $18.2M | $28.9M | 100x | as long as short |
| HTX MU-USDT | +0.033% | 0.0000% | 8h | $129K | $437K | 50x | as long as short |
| Bitget MUUSDT | +0.035% | +0.0095% | 8h | $20.0M | $38.4M | 50x | as long as short |
| Paradex MU-USD-PERP | +0.041% | +0.0056% | 8h | $2K | — | 5x | as long as short |
| Arcus MU-USD | +0.048% | +0.0073% | 1h | $57K | $216K | 10x | as long as short |
| Bullet MU-USD | +0.052% | 0.0000% | 1h | $25K | $399K | 10x | as long as short |
| QFEX MU-USD | +0.058% | +0.0037% | 1h | $7.8M | $22.6M | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.061% | +0.0100% | 8h | $828 | $799 | 20x | as long as short |
| Polymarket Perps MU-USD | +0.061% | +0.0050% | 1h | $165K | $159K | 10x | as long as short |
| Aster MUUSD1 | +0.081% | 0.0000% | 8h | $21.4M | $13.4M | 20x | as long as short |
| RISEx MU/USDC | +0.093% | +0.0145% | 1h | $284K | $316K | 20x | as long as short |
| Vest MU-USD-PERP | +0.093% | +0.0046% | 1h | — | $172K | 25x | as long as short |
| SunX MU-USDT | +0.133% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.937% | +0.0033% | 1h | $14K | $66K | 12x | as long as short |