Spread before costs (cost unknown: a leg has no order-book sample)−1.143%
7d average—if it closes, per $10,000$114funding while held, a day+$0.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MU/USDC PERP | 1,050.7 | 0.0033 | pay 0.0004% / 1h | 47m 48s | $14K | $62K | 12x |
| Short | Polymarket Perps MU-USD | 1,038.7 | 0.0050 | get 0.0006% / 1h | 47m 48s | $164K | $159K | 10x |
Injective MU/USDC PERP
Polymarket Perps 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
- −$114.3
- Funding while held
- $0.5
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$121.82
- Spread needed to break even
- 0.080%
Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 56 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0017%
- Per $10,000 a day
- +$0.50
- 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 Polymarket Perps live order book, 56 min ago | 3.36 bp | 7.6 bp −$8 | 8.4 bp −$84 | 9.8 bp −$976 | doesn't fit |
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 Perps1,038.1cheapestAevo1,038.4+0.030%Deribit1,038.6+0.047%Extended1,038.7+0.053%Gate1,038.7+0.055%
Ondo Perps
Aevo
Deribit
Extended
GatePolymarket Perps1,038.7+0.057%
Lighter RH1,038.8+0.062%SoDEX1,038.8+0.062%Bullet1,038.8+0.066%HTX1,038.8+0.066%Nado1,038.8+0.068%KuCoin1,038.8+0.068%Lighter1,038.9+0.074%Pacifica1,038.9+0.074%Arcus1,038.9+0.076%Orderly1,038.9+0.076%Binance1,039.1+0.097%Paradex1,039.2+0.101%QFEX1,039.2+0.104%Vest1,039.2+0.104%Aster1,039.2+0.104%tradeXYZ1,039.2+0.105%OKX1,039.2+0.105%RISEx1,039.2+0.106%Bybit1,039.2+0.108%StandX1,039.2+0.109%Bitget1,039.3+0.111%BloFin1,039.3+0.111%ApeX Omni1,039.6+0.146%Aftermath Perps1,039.8+0.160%SunX1,040.1+0.189%Variational Omni1,040.2+0.198%edgeX1,041+0.277%Coinbase International1,041.2+0.294%Phoenix1,041.4+0.317%
Lighter RH
SoDEX
Bullet
HTX
Nado
KuCoin
Lighter
Pacifica
Arcus
Orderly
Binance
Paradex
QFEX
Vest
Aster
tradeXYZ
OKX
RISEx
Bybit
StandX
Bitget
BloFin
ApeX Omni
SunX
Variational Omni
Coinbase International
PhoenixInjective1,050.7+1.214%
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 | −1.199% | +0.0050% | 1h | $1.9M | $2.4M | 10x | as long as short |
| Aevo MU-PERP | −1.170% | +0.0088% | 1h | $33K | — | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −1.153% | 0.0000% | 1h | $54K | $108K | 10x | as long as short |
| Extended MU_24_5-USD | −1.147% | +0.0032% | 1h | $527K | $997K | 10x | as long as short |
| Gate MU_USDT | −1.145% | 0.0000% | 8h | $64.6M | $25.8M | 75x | as long as short |
| Polymarket Perps MU-USDshort | −1.143% | +0.0050% | 1h | $164K | $159K | 10x | |
| Lighter RH MU | −1.138% | +0.0032% | 1h | $1.0M | $4.3M | 10x | as long as short |
| SoDEX MU-USD | −1.138% | +0.0050% | 1h | $682K | $16K | 10x | as long as short |
| Bullet MU-USD | −1.134% | 0.0000% | 1h | $26K | $401K | 10x | as long as short |
| HTX MU-USDT | −1.134% | 0.0000% | 8h | $126K | $444K | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado MU-PERP | −1.132% | +0.0093% | 1h | $332K | $778K | 10x | as long as short |
| KuCoin MUUSDTM | −1.132% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Lighter MU | −1.126% | +0.0032% | 1h | $983K | $4.6M | 20x | as long as short |
| Pacifica MU | −1.126% | +0.0100% | 1h | $146K | $153K | 10x | as long as short |
| Arcus MU-USD | −1.124% | +0.0153% | 1h | $60K | $232K | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | −1.124% | +0.0100% | 8h | $826 | $799 | 20x | as long as short |
| Binance MUUSDT | −1.103% | +0.0013% | 8h | $127.4M | $485.0M | 50x | as long as short |
| Paradex MU-USD-PERP | −1.099% | +0.0052% | 8h | $2K | — | 5x | as long as short |
| QFEX MU-USD | −1.096% | +0.0034% | 1h | $7.8M | $22.7M | 10x | as long as short |
| Vest MU-USD-PERP | −1.096% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| Aster MUUSD1 | −1.096% | 0.0000% | 8h | $21.4M | $22.0M | 20x | as long as short |
| tradeXYZ xyz:MU | −1.095% | +0.0050% | 1h | $177.6M | $95.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | −1.095% | 0.0000% | 8h | $30.8M | $95.6M | 50x | as long as short |
| RISEx MU/USDC | −1.094% | +0.0044% | 1h | $284K | $329K | 20x | as long as short |
| Bybit MUUSDT | −1.093% | 0.0000% | 8h | $18.0M | $29.3M | 100x | as long as short |
| StandX MU-USD | −1.092% | 0.0000% | 1h | $188K | $2.5M | 20x | as long as short |
| Bitget MUUSDT | −1.090% | +0.0063% | 8h | $20.0M | $39.1M | 50x | as long as short |
| BloFin MU-USDT | −1.090% | +0.0061% | 8h | $1.5M | $1.7M | 20x | as long as short |
| ApeX Omni MUUSDT | −1.055% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Aftermath Perps MUUSD | −1.041% | +0.0189% | 1h | $3K | $44K | 10x | as long as short |
| SunX MU-USDT | −1.013% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Variational Omni MU | −1.004% | 0.0000% | 8h | $2.7M | $2.6M | — | as long as short |
| edgeX MUUSDC | −0.925% | +0.0112% | 4h | $1.3M | $670K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | −0.909% | +0.0136% | 1h | $780K | $1.7M | 10x | as long as short |
| Phoenix MU | −0.886% | +0.0230% | 1h | $528K | $192K | 15x | as long as short |
| Injective MU/USDC PERPlong | 0.000% | +0.0033% | 1h | $14K | $62K | 12x |