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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against HTX+0.008%7-day average −0.107% · 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 7 days+0.083%+$8 on $10k
Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.008%, 7d avg −0.107%
Together, before fees−0.029%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.115% dearer against HTX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.107%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX MU-USDT1,041.50get 0.0000% / 8h2h 45m$128K$443K50x
ShortOndo Perps MU-USD.P1,041.60.0050get 0.0006% / 1h45m 12s$1.9M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. 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
$10.58
Price spread: +0.008% → −0.107%
$11.48
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$5.06
Costs to cover
0.170%
Break-even
3.7 days
Slippage unknown: HTX: live order book, 3 min ago; Ondo Perps: 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 HTX live order book, 3 min ago3.16 bp9.2 bp −$913.6 bp −$13619.1 bp −$1,909doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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−0.0373%4h1,042.1+0.054%$1.3M$673K10xas long as short
Aster MUUSD10.0000%8h1,042.3+0.075%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,041.8+0.025%$122.7M$525.4M50xas long as short
Bybit MUUSDT0.0000%8h1,041.9+0.038%$18.6M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,041.4−0.017%$30.4M$99.7M50xas long as short
RISEx MU/USDC0.0000%1h1,042.5+0.095%$336K$354K20xas long as short
Gate MU_USDT0.0000%8h1,042.3+0.069%$61.9M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,042.4+0.082%$20.4M$41.0M50xas long as short
Variational Omni MU0.0000%8h1,042+0.041%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,042.2+0.066%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,042.1+0.053%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,043.7+0.205%$11K$5.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,042+0.045%$73K$503K10xas long as short
HTX MU-USDTlong0.0000%8h1,041.5long leg$128K$443K50x
Nado MU-PERP+0.0007%1h1,042.1+0.059%$281K$820K10xas long as short
Bullet MU-USD+0.0016%1h1,042.2+0.064%$25K$392K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,042.1+0.053%$3K$44K10xas long as short
QFEX MU-USD+0.0023%1h1,042+0.044%$7.0M$17.9M10xas long as short
Lighter RH MU+0.0032%1h1,041.9+0.034%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,041.5−0.005%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.944%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,042.1+0.056%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,042.5+0.096%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,042.1+0.055%$177.1M$93.6M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,042.1+0.055%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,041.8+0.024%$684K$15K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,041.6+0.008%$1.9M$2.3M10x
Paradex MU-USD-PERP+0.0051%8h1,042.6+0.105%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,041.7+0.012%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,042.3+0.077%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.1+0.059%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.3+0.074%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,042.1+0.054%$828$79920xas long as short
BloFin MU-USDT+0.0120%8h1,041.8+0.022%$1.5M$2.0M20xas long as short
Lighter MU+0.0128%1h1,042+0.045%$1.1M$4.9M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,043.3+0.172%$745K$1.2M10xas long as short
Phoenix MU+0.0231%1h1,043.3+0.170%$534K$270K15xas long as short