Spread before costs (cost unknown: a leg has no order-book sample)−1.262%
7d average−2.272%if it closes, per $10,000$126funding while held, a day+$6.60
| 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 | 32m 59s | $14K | $225K | 12x |
| Short | Gate MU_USDT | 1,037.5 | 0 | get 0.0000% / 8h | 1h 32m | $66.1M | $22.7M | 75x |
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
- −$126.2
- Funding while held
- $6.6
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$134.62
- Spread needed to break even
- 0.150%
Slippage unknown: Injective: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0220%
- Per $10,000 a day
- +$6.60
- 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 Gate live order book, 2 min ago | 1.59 bp | 14.4 bp −$14 | 19.0 bp −$190 | 39.9 bp −$3,994 | 58.1 bp −$29.1K |
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.MU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni MU | −1.652% | +0.0016% | 8h | $2.7M | $2.6M | — | as long as short |
| Phoenix MU | −1.495% | +0.0229% | 1h | $524K | $187K | 15x | as long as short |
| Aftermath Perps MUUSD | −1.443% | +0.0220% | 1h | $3K | $43K | 10x | as long as short |
| Ondo Perps MU-USD.P | −1.436% | +0.0050% | 1h | $2.0M | $2.3M | 10x | as long as short |
| Pacifica MU | −1.421% | +0.0100% | 1h | $156K | $95K | 10x | as long as short |
| Arcus MU-USD | −1.410% | +0.0040% | 1h | $64K | $172K | 10x | as long as short |
| Paradex MU-USD-PERP | −1.402% | +0.0072% | 8h | $2K | — | 5x | as long as short |
| QFEX MU-USD | −1.402% | +0.0036% | 1h | $7.8M | $21.9M | 10x | as long as short |
| Nado MU-PERP | −1.380% | +0.0170% | 1h | $275K | $654K | 10x | as long as short |
| tradeXYZ xyz:MU | −1.352% | +0.0050% | 1h | $175.2M | $87.3M | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | −1.333% | +0.0050% | 1h | $165K | $171K | 10x | as long as short |
| Vest MU-USD-PERP | −1.328% | +0.0046% | 1h | — | $150K | 25x | as long as short |
| Extended MU_24_5-USD | −1.324% | +0.0032% | 1h | $507K | $908K | 10x | as long as short |
| Lighter MU | −1.310% | +0.0056% | 1h | $973K | $4.3M | 20x | as long as short |
| Aster MUUSD1 | −1.289% | 0.0000% | 8h | $21.3M | $8.8M | 20x | as long as short |
| BloFin MU-USDT | −1.282% | +0.0164% | 8h | $1.5M | $1.3M | 20x | as long as short |
| Lighter RH MU | −1.274% | +0.0032% | 1h | $1.2M | $4.0M | 10x | as long as short |
| Aevo MU-PERP | −1.274% | +0.0088% | 1h | $33K | — | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −1.266% | +0.0232% | 1h | $53K | $75K | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | −1.264% | +0.0100% | 8h | $825 | $799 | 20x | as long as short |
| Binance MUUSDT | −1.262% | +0.0044% | 8h | $129.8M | $390.6M | 50x | as long as short |
| Gate MU_USDTshort | −1.262% | 0.0000% | 8h | $66.1M | $22.7M | 75x | |
| Bybit MUUSDT | −1.261% | 0.0000% | 8h | $18.6M | $26.8M | 100x | as long as short |
| SoDEX MU-USD | −1.259% | +0.0050% | 1h | $688K | $9K | 10x | as long as short |
| KuCoin MUUSDTM | −1.258% | +0.0100% | 8h | $5.2M | $3.3M | 20x | as long as short |
| RISEx MU/USDC | −1.258% | +0.0077% | 1h | $282K | $297K | 20x | as long as short |
| OKX MU-USDT-SWAP | −1.250% | 0.0000% | 8h | $30.8M | $81.2M | 50x | as long as short |
| Bullet MU-USD | −1.246% | +0.0197% | 1h | $25K | $398K | 10x | as long as short |
| edgeX MUUSDC | −1.245% | +0.0216% | 4h | $1.3M | $669K | 10x | as long as short |
| Bitget MUUSDT | −1.240% | +0.0101% | 8h | $20.7M | $32.8M | 50x | as long as short |
| StandX MU-USD | −1.238% | 0.0000% | 1h | $188K | $908K | 20x | as long as short |
| HTX MU-USDT | −1.217% | 0.0000% | 8h | $129K | $420K | 50x | as long as short |
| SunX MU-USDT | −1.193% | 0.0000% | 8h | $11K | $5.2M | 10x | as long as short |
| ApeX Omni MUUSDT | −1.118% | +0.0100% | 1h | $70K | $267K | 50x | as long as short |
| Coinbase International MU-PERP-INTX | −1.055% | +0.0192% | 1h | $824K | $1.3M | 10x | as long as short |
| Injective MU/USDC PERPlong | 0.000% | −0.0220% | 1h | $14K | $225K | 12x |
Injective MU/USDC PERP
Gate MU_USDT
Variational Omni
Phoenix
Pacifica
Paradex
tradeXYZ
Polymarket Perps
Extended
Lighter
Aster
BloFin
Lighter RH
Deribit
Binance
Bybit
SoDEX
KuCoin
RISEx
OKX
Bullet
Bitget
StandX
HTX
SunX
ApeX Omni
Coinbase International