Spread before costs (cost unknown: a leg has no order-book sample)−1.626%
7d average−5.238%if it closes, per $10,000$163funding while held, a day+$7.74
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MU/USDC PERP | 1,050.7 | −0.0220 | get 0.0028% / 1h | 39m 24s | $14K | $225K | 12x |
| Short | Binance MUUSDT | 1,033.6 | 0.0038 | get 0.0038% / 8h | 1h 39m | $128.6M | $377.0M | 50x |
Injective MU/USDC PERP
Binance MUUSDTPrice 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
- −$162.56
- Funding while held
- $7.74
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$164.84
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; Binance: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0258%
- Per $10,000 a day
- +$7.74
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 6 min ago | 0.05 bp | 5.2 bp −$5 | 7.4 bp −$74 | 12.3 bp −$1,227 | 34.0 bp −$17.0K |
Injective: 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 price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps1,032.2cheapesttradeXYZ1,032.5+0.033%Extended1,032.8+0.063%Arcus1,033+0.081%Polymarket Perps1,033+0.081%KuCoin1,033+0.083%Vest1,033.1+0.086%Bullet1,033.3+0.110%OKX1,033.4+0.116%Phoenix1,033.4+0.120%Pacifica1,033.5+0.125%Bitget1,033.5+0.134%Bybit1,033.6+0.139%
Ondo Perps
tradeXYZ
Extended
Arcus
Polymarket Perps
KuCoin
Vest
Bullet
OKX
Phoenix
Pacifica
Bitget
BybitBinance1,033.6+0.142%
QFEX1,033.7+0.147%Paradex1,033.7+0.154%RISEx1,033.8+0.158%Lighter RH1,033.8+0.162%ApeX Omni1,033.8+0.163%Aster1,034.1+0.184%Lighter1,034.2+0.195%Gate1,034.2+0.196%Aftermath Perps1,034.2+0.198%Variational Omni1,034.3+0.210%edgeX1,034.4+0.217%Aevo1,034.5+0.226%BloFin1,034.5+0.227%Nado1,034.6+0.240%Coinbase International1,034.8+0.255%SoDEX1,034.8+0.259%Deribit1,035+0.275%StandX1,035.1+0.280%Orderly1,035.1+0.281%HTX1,035.2+0.295%SunX1,035.3+0.299%
QFEX
Paradex
RISEx
Lighter RH
ApeX Omni
Aster
Lighter
Gate
Variational Omni
Aevo
BloFin
Nado
Coinbase International
SoDEX
Deribit
StandX
Orderly
HTX
SunXInjective1,050.7+1.797%
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 | −1.765% | +0.0050% | 1h | $2.0M | $2.3M | 10x | as long as short |
| tradeXYZ xyz:MU | −1.733% | +0.0050% | 1h | $174.9M | $86.6M | 10x | as long as short |
| Extended MU_24_5-USD | −1.704% | +0.0032% | 1h | $504K | $911K | 10x | as long as short |
| Arcus MU-USD | −1.686% | +0.0040% | 1h | $64K | $171K | 10x | as long as short |
| Polymarket Perps MU-USD | −1.686% | +0.0050% | 1h | $165K | $171K | 10x | as long as short |
| KuCoin MUUSDTM | −1.684% | +0.0100% | 8h | $5.2M | $3.2M | 20x | as long as short |
| Vest MU-USD-PERP | −1.681% | +0.0046% | 1h | — | $148K | 25x | as long as short |
| Bullet MU-USD | −1.657% | +0.0173% | 1h | $26K | $397K | 10x | as long as short |
| OKX MU-USDT-SWAP | −1.651% | 0.0000% | 8h | $31.1M | $78.9M | 50x | as long as short |
| Phoenix MU | −1.647% | +0.0229% | 1h | $524K | $187K | 15x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica MU | −1.643% | +0.0100% | 1h | $156K | $95K | 10x | as long as short |
| Bitget MUUSDT | −1.634% | +0.0095% | 8h | $20.5M | $31.3M | 50x | as long as short |
| Bybit MUUSDT | −1.629% | 0.0000% | 8h | $18.5M | $26.4M | 100x | as long as short |
| Binance MUUSDTshort | −1.626% | +0.0038% | 8h | $128.6M | $377.0M | 50x | |
| QFEX MU-USD | −1.621% | +0.0036% | 1h | $7.8M | $21.8M | 10x | as long as short |
| Paradex MU-USD-PERP | −1.614% | +0.0067% | 8h | $2K | — | 5x | as long as short |
| RISEx MU/USDC | −1.610% | +0.0077% | 1h | $281K | $297K | 20x | as long as short |
| Lighter RH MU | −1.607% | +0.0032% | 1h | $1.2M | $4.0M | 10x | as long as short |
| ApeX Omni MUUSDT | −1.606% | +0.0100% | 1h | $70K | $267K | 50x | as long as short |
| Aster MUUSD1 | −1.585% | 0.0000% | 8h | $21.2M | $8.6M | 20x | as long as short |
| Lighter MU | −1.574% | +0.0048% | 1h | $975K | $4.2M | 20x | as long as short |
| Gate MU_USDT | −1.573% | 0.0000% | 8h | $65.3M | $22.0M | 75x | as long as short |
| Aftermath Perps MUUSD | −1.571% | +0.0221% | 1h | $3K | $43K | 10x | as long as short |
| Variational Omni MU | −1.559% | +0.0007% | 8h | $2.7M | $2.6M | — | as long as short |
| edgeX MUUSDC | −1.552% | +0.0094% | 4h | $1.3M | $668K | 10x | as long as short |
| Aevo MU-PERP | −1.543% | +0.0088% | 1h | $33K | — | 10x | as long as short |
| BloFin MU-USDT | −1.543% | +0.0141% | 8h | $1.5M | $1.2M | 20x | as long as short |
| Nado MU-PERP | −1.530% | +0.0162% | 1h | $273K | $647K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | −1.515% | +0.0192% | 1h | $821K | $1.3M | 10x | as long as short |
| SoDEX MU-USD | −1.511% | +0.0050% | 1h | $686K | $9K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −1.495% | +0.0407% | 1h | $53K | $74K | 10x | as long as short |
| StandX MU-USD | −1.490% | 0.0000% | 1h | $188K | $846K | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | −1.489% | +0.0100% | 8h | $823 | $799 | 20x | as long as short |
| HTX MU-USDT | −1.476% | 0.0000% | 8h | $129K | $420K | 50x | as long as short |
| SunX MU-USDT | −1.471% | 0.0000% | 8h | $11K | $5.0M | 10x | as long as short |
| Injective MU/USDC PERPlong | 0.000% | −0.0220% | 1h | $14K | $225K | 12x |