After costs, if the gap returns to its 7d average, $10k−$24
spread now+0.090%7d average−0.011%fees + slippage, in and out−$34spread needed0.343%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MU-USDT | 1,041.7 | 0 | get 0.0000% / 8h | 2h 30m | $137K | $346K | 50x |
| Short | QFEX MU-USD | 1,042.6 | 0.0042 | get 0.0005% / 1h | 30m 36s | $7.7M | $20.4M | 10x |
HTX MU-USDT
QFEX 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
- $9.02
- Funding while held
- $1.25
- Slippage, 4 orders
- −$12.27
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$24
- Spread needed to break even
- 0.343%
Slippage from HTX: live order book, 28 min ago; QFEX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0042%
- Per $10,000 a day
- +$1.25
- 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 HTX live order book, 28 min ago | 2.76 bp | 12.1 bp −$12 | 16.0 bp −$160 | 22.9 bp −$2,291 | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.45 bp | 6.5 bp −$7 | 6.8 bp −$68 | 11.0 bp −$1,105 | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Aftermath Perps1,038.8cheapestStandX1,040.3+0.148%Variational Omni1,040.4+0.158%ApeX Omni1,040.6+0.172%edgeX1,040.6+0.177%
StandX
Variational Omni
ApeX OmniHTX1,041.7+0.275%
Vest1,041.7+0.283%Nado1,041.8+0.285%Aevo1,041.9+0.299%Deribit1,042+0.309%Extended1,042.1+0.316%Ondo Perps1,042.1+0.320%SoDEX1,042.1+0.321%Polymarket Perps1,042.2+0.327%Arcus1,042.4+0.342%BloFin1,042.4+0.346%Bullet1,042.5+0.354%tradeXYZ1,042.5+0.356%
Vest
Nado
Aevo
Deribit
Extended
Ondo Perps
SoDEX
Polymarket Perps
Arcus
BloFin
Bullet
tradeXYZQFEX1,042.6+0.366%
Lighter RH1,042.6+0.368%Lighter1,042.6+0.369%Orderly1,042.7+0.370%Pacifica1,042.8+0.381%OKX1,042.9+0.390%Binance1,042.9+0.392%KuCoin1,042.9+0.392%Gate1,042.9+0.395%Bybit1,043+0.405%Paradex1,043.1+0.409%Bitget1,043.1+0.410%RISEx1,043.4+0.440%Aster1,043.5+0.456%Injective1,043.6+0.465%SunX1,044.2+0.517%Coinbase International1,045.1+0.602%Phoenix1,045.1+0.606%
Lighter RH
Lighter
Orderly
Pacifica
OKX
Binance
KuCoin
Gate
Bybit
Paradex
Bitget
RISEx
Aster
Injective
SunX
Coinbase International
PhoenixMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps MUUSD | −0.274% | +0.0033% | 1h | $3K | $41K | 10x | as long as short |
| StandX MU-USD | −0.127% | 0.0000% | 1h | $189K | $650K | 20x | as long as short |
| Variational Omni MU | −0.117% | +0.0033% | 8h | $2.5M | $1.9M | — | as long as short |
| ApeX Omni MUUSDT | −0.103% | +0.0100% | 1h | $71K | $266K | 50x | as long as short |
| edgeX MUUSDC | −0.098% | +0.0019% | 4h | $1.3M | $265K | 10x | as long as short |
| HTX MU-USDTlong | 0.000% | 0.0000% | 8h | $137K | $346K | 50x | |
| Vest MU-USD-PERP | +0.008% | +0.0046% | 1h | — | $45K | 25x | as long as short |
| Nado MU-PERP | +0.010% | +0.0099% | 1h | $255K | $312K | 10x | as long as short |
| Aevo MU-PERP | +0.024% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.034% | +0.0124% | 1h | $46K | $57K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended MU_24_5-USD | +0.041% | +0.0032% | 1h | $553K | $739K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.045% | +0.0050% | 1h | $2.0M | $2.2M | 10x | as long as short |
| SoDEX MU-USD | +0.046% | +0.0227% | 1h | $691K | $8K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.052% | +0.0050% | 1h | $147K | $127K | 10x | as long as short |
| Arcus MU-USD | +0.066% | +0.0040% | 1h | $66K | $157K | 10x | as long as short |
| BloFin MU-USDT | +0.071% | +0.0177% | 8h | $1.5M | $1.1M | 20x | as long as short |
| Bullet MU-USD | +0.079% | +0.0130% | 1h | $25K | $396K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.081% | +0.0143% | 1h | $172.7M | $65.6M | 10x | as long as short |
| QFEX MU-USDshort | +0.090% | +0.0042% | 1h | $7.7M | $20.4M | 10x | |
| Lighter RH MU | +0.092% | +0.0032% | 1h | $1.2M | $2.9M | 10x | as long as short |
| Lighter MU | +0.093% | +0.0048% | 1h | $954K | $2.4M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.095% | +0.0100% | 8h | $160 | — | 20x | as long as short |
| Pacifica MU | +0.106% | +0.0100% | 1h | $152K | $81K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.114% | +0.0005% | 8h | $30.4M | $46.4M | 50x | as long as short |
| Binance MUUSDT | +0.116% | +0.0056% | 8h | $130.8M | $194.3M | 50x | as long as short |
| KuCoin MUUSDTM | +0.116% | +0.0100% | 8h | $5.3M | $1.3M | 20x | as long as short |
| Gate MU_USDT | +0.119% | 0.0000% | 8h | $67.6M | $13.3M | 75x | as long as short |
| Bybit MUUSDT | +0.130% | 0.0000% | 8h | $18.4M | $13.0M | 100x | as long as short |
| Paradex MU-USD-PERP | +0.134% | +0.0063% | 8h | $2K | — | 5x | as long as short |
| Bitget MUUSDT | +0.134% | +0.0095% | 8h | $20.1M | $13.7M | 50x | as long as short |
| RISEx MU/USDC | +0.165% | +0.0210% | 1h | $311K | $211K | 20x | as long as short |
| Aster MUUSD1 | +0.181% | 0.0000% | 8h | $21.5M | $6.7M | 20x | as long as short |
| Injective MU/USDC PERP | +0.189% | +0.0033% | 1h | $15K | $225K | 12x | as long as short |
| SunX MU-USDT | +0.241% | 0.0000% | 8h | $11K | $3.1M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.326% | +0.0208% | 1h | $868K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.330% | +0.0309% | 1h | $531K | $153K | 15x | as long as short |